Cheap Apartments for Rent in the Fairfax Neighborhood of Omaha, NE from $450 (105 Rentals)

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

property at 2561 Izard Ct
$875 - $1,000
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2561 Izard Ct

OmahaNE68131

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

property at 2575 Irving Ct
$1,050 - $1,095
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2575 Irving Ct

OmahaNE68131

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Maple Leaf
1 Bedroom Apartments

Maple Leaf

2902 N 24th StOmaha, NE 68110
  • Utilities Included
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4705 Burdette St
1 Bedroom Apartments

4705 Burdette St

4705 Burdette StOmaha, NE 68104
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Sandra Ann Apartments
1 to 3 Bedroom Apartments

Sandra Ann Apartments

5820 Erskine StOmaha, NE 68104
  • Utilities Included
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J.K. Apartments
1 Bedroom Apartments

J.K. Apartments

817 N 47th StOmaha, NE 68132
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California Hills
Studio to 1 Bedroom Apartments

California Hills

612 46th StOmaha, NE 68132
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Northampton Arms
Studio to 3 Bedroom Apartments

Northampton Arms

5615 Northampton BlvdOmaha, NE 68104
  • Utilities Included
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Sorensen Heights
2 Bedroom Apartments

Sorensen Heights

5425 Mary StOmaha, NE 68152
Senior Living

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Bedford Square
1 to 2 Bedroom Apartments

Bedford Square

4512-4518 Bedford AveOmaha, NE 68104
  • Utilities Included
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Highlander
1 to 3 Bedroom Apartments

Highlander

3003 Patrick AveOmaha, NE 68111
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Benson Apartments
2 Bedroom Apartments

Benson Apartments

5140 Northwest Radial HwyOmaha, NE 68104
  • Utilities Included
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4815 Ames Ave
1 Bedroom Apartments

4815 Ames Ave

4815 Ames AveOmaha, NE 68104
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Saunders School
1 to 2 Bedroom Apartments

Saunders School

415 N 41st AveOmaha, NE 68131
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Hilltop Apartments
1 to 3 Bedroom Apartments

Hilltop Apartments

1121 N 48th AveOmaha, NE 68132
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4704 Cass St
1 Bedroom Apartments

4704 Cass St

4704 Cass StOmaha, NE 68132
Student Housing
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1015 N 47th Ave
Studio to 1 Bedroom Apartments

1015 N 47th Ave

1015 N 47th AveOmaha, NE 68132

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Fairfax, Omaha, NE Local Guide

Cheapest Available Fairfax Apartments for Rent

 

The cheapest available apartment rental in the Fairfax area of Omaha, NE is a 1 Bed unit found at 4815 Ames Ave priced from $600. ALANSCO 1016 N 47 Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Fairfax apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
4815 Ames Ave1BR/1.0BA1BR, 1BA$600
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR, 1BA$735
Benson Crest Apartments1 Bed 1 Bath1BR, 1BA$750
Gladstone Apartments1/1 Renovated1BR, 1BA$755
Larimore Senior ResidencesOne Bed/One Bat 60%1BR, 1BA$760
3323 & 3325 Webster Street1BR/1.0BA1BR, 1BA$775
Cuming St Apartments1 Bedroom 1 Bathroom1BR, 1BA$775
5006-08 California St1 Bedroom 1 Bathroom1BR, 1BA$795
30 Metro ApartmentsStudioStudio, 1BA$815
Residences at Sorensen Square1BR/1.0BA1BR, 1BA$825

Best Value Apartments for Rent in Fairfax, NE

As of September 19, 2026 the best value apartment in the Fairfax area is the $0.96 price per square foot 2 bedroom / 1 bath - Standard TT Pays Util. Model at Buckingham Manor Apartments- Dundee in the Holy Cross neighborhood starting from $1,195. The second greatest value Fairfax apartment is the 2 Bedroom w/Balcony Model at Greenspan Apartments - Schwalb Realty in the Benson neighborhood starting at $1,125 with a $1.02 price per square foot. Here is today’s list of the best values for Fairfax apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Buckingham Manor Apartments- Dundee2 bedroom / 1 bath - Standard TT Pays Util.2BR, 1BA$0.96
Greenspan Apartments - Schwalb Realty2 Bedroom w/Balcony2BR, 2BA$1.02
Benson Crest Apartments1 Bed 1 Bath1BR, 1BA$1.00
4844 Taylor St2bd/1ba2BR, 1BA$1.19
Chamber's Court1BR/1.0BA1BR, 1BA$1.30
Larimore Senior ResidencesOne Bed/One Bat 60%1BR, 1BA$1.13
Redman Avenue 46161BR/1.0BA1BR, 1BA$1.08
Gladstone Apartments1/1 Renovated Garden1BR, 1BA$1.21
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR, 1BA$1.18
4815 Ames Ave1BR/1.0BA1BR, 1BA$1.20

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Cheap Fairfax Apartments

What is a cheap apartment in Fairfax?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fairfax is under $825.

What is the price of a cheap apartment in Fairfax?

The cheapest apartment in Fairfax is 4815 Ames Ave which is listed at $600, while the average apartment in Fairfax costs $1,145.

What types of apartments are the cheapest in Fairfax?

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 69 regular apartments in Fairfax 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 Fairfax?

Cheap apartments in Fairfax have an average cost of $416 which is $729 cheaper than the average rent for all rentals in Fairfax.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha

Written by: Darla Ferrara

Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.