Cheap Apartments for Rent in the Fairacres Neighborhood of Omaha, NE from $400 (91 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fairacres area of Omaha.

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
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Fairacres, Omaha, NE Local Guide

Cheapest Available Fairacres Apartments for Rent

 

The cheapest available apartment rental in the Fairacres area of Omaha, NE is a 1 Bed unit found at Keystone Ridge priced from $695. Copperstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here are the most affordable Fairacres apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Keystone RidgeOne Bedroom1BR,1BA$695
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Juniper GardensStudio - ClassicStudio,1BA$697
MarCon Dundee ApartmentsCalifornia - 1 Bedroom1BR,1BA$735
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
Rosecliff Apartments1BR/1BA1BR,1BA$785
Gladstone ApartmentsOne Bedroom1BR,1BA$795
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$845
Onyx at AksarbenNiccolo2BR,1BA$860

Best Value Apartments for Rent in Fairacres, NE

As of October 13, 2025 the best value apartment in the Fairacres area is the $0.90 price per square foot Two Bed w/ Den Model at Westbrook Gardens After55 Community in the in the Central neighborhood starting from $1,040. The second greatest value Fairacres apartment is the Orchard - 2 Bedroom Model at Orchard Park Apartments starting at $985 with a $1.13 price per square foot in the Central neighborhood. Here is today’s list of the best values for Fairacres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westbrook Gardens After55 CommunityTwo Bed w/ Den2BR,1BA$0.90
Orchard Park ApartmentsOrchard - 2 Bedroom2BR,1BA$1.13
Village at Grant Square1 Bedroom, 1 Bathroom - 830 SF1BR,1BA$1.05
Villa Vinee ApartmentsOne Bed - 825 SQ FT1BR,1BA$1.13
Apple Valley Apartments1 Bed, 1 bath1BR,1BA$1.12
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$1.20
Keystone Park Apartments - Benson1 bedroom / 1 bath - Tenant Pays Utils..1BR,1BA$1.21
Keystone RidgeOne Bedroom1BR,1BA$1.11
Copperstone ApartmentsOne Bedroom1BR,1BA$1.11
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.19

Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Fairacres, Omaha, NE

Ranked #62

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, and customized analysis for East Central Omaha, NE. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Fairacres Neighborhood in Omaha, NE

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Fairacres Apartments

What is a cheap apartment in Fairacres?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairacres is under $860.

What is the price of a cheap apartment in Fairacres?

The cheapest apartment in Fairacres is Keystone Ridge which is listed at $695, while the average apartment in Fairacres costs $1,900.

What types of apartments are the cheapest in Fairacres?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 88 regular apartments in Fairacres that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fairacres?

Cheap apartments in Fairacres have an average cost of $448 which is $1,452 cheaper than the average rent for all rentals in Fairacres.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest article

Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest

Written by: Darla Ferrara

If you want to enjoy the good life but still have access to big-city perks, Omaha is the right choice. This metropolis has everything you could want, from fine dining to an award-winning zoo to a vibrant indie music scene.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.