Cheap Homes for Rent in Omaha, NE from $675 (89 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Omaha.

property at 1021 S 30th Ave
$850 - $1,800
1 To 4 Bedroom Rentals
Available Now
Affordability

1021 S 30th Ave

OmahaNE68105

Omaha's Best Affordable Neighborhoods

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

Read Article
property at 4715 Davenport St
$895 - $1,195
1 To 2 Bedroom Rentals
Available Now
Affordability

4715 Davenport St

OmahaNE68132
property at 205 Park Ave
$980
2 Bedroom, 1 Bath Townhome for Rent
Available Now

205 Park Ave, Unit #3

205 Park Ave
Council BluffsIA51503
  • Smoke Free
property at 4314 N 52nd St
$995
3 Bedroom Rentals
Available Oct 16
Affordability

4314 N 52nd St

OmahaNE68104

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Omaha, NE Local Guide

Cheapest Neighborhoods for Homes in Omaha, NE

Pricing Updated: 09/22/2026

Current rental homes in the Omaha, NE area range in price from $675 to $5,100 with an overall median price of $1,679. The three Omaha neighborhoods with the lowest median rent pricing are West Leavenworth at $875, Ford Birthsite at $1,110, and Leavenworth at $1,112. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Homes for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Leavenworth$875$6753
Ford Birthsite$1,110$1,0952
Leavenworth$1,112$6754
Southeast Downtown Omaha$1,125$67511
Woodland Hills$1,200$67521
Little Italy$1,237$67523
Jewell$1,250$8253
Dahlman$1,350$67529
Old Market$1,350$67529
East Leavenworth$1,350$1,3501

Cheapest Available Omaha Homes for Rent

 

The cheapest available rental home in Omaha, NE is a 3 Beds home found at 5621 N 29th St in the Omaha View neighborhood priced from $1,072. 1942 S 14th St in the Old Market neighborhood has the second lowest priced home, which is a 2 Beds rental home currently listed from $1,134. Here is today’s list of the most affordable Omaha homes for rent:

Home ListingModel NameBed/BathPriced From
5621 N 29th St5621 N 29th St3BR, 1BA$1,072
1942 S 14th St1942 S 14th St2BR, 1BA$1,134
3732 N 36th Ave3732 N 36th Ave2BR, 1BA$1,295
6012 N 39th St6012 N 39th St4BR, 1BA$1,700

Best Value Homes for Rent in Omaha, NE

As of September 22, 2026 the best value rental home in the Omaha area is the $1.00 price per square foot 1427 N 133rd St Model at 1427 N 133rd St in the West Omaha neighborhood starting from $5,000. The second greatest value Omaha rental home is the 5606 S 126th Cir Model at 5606 S 126th Cir in the Millard neighborhood starting at $4,995 with a $1.05 price per square foot. Here is today’s list of the best values for Omaha homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1427 N 133rd St1427 N 133rd St3BR, 4BA$1.00
5606 S 126th Cir5606 S 126th Cir4BR, 5.5BA$1.05
9261 Adams St9261 Adams St4BR, 3BA$1.20
7769 Oakwood St7769 Oakwood St3BR, 1BA$0.97
3753 N 42nd St3753 N 42nd St3BR, 2BA$1.17
6012 N 39th St6012 N 39th St4BR, 1BA$1.18
5805 N 28th Ave5805 N 28th Ave3BR, 1BA$0.95
1942 S 14th St1942 S 14th St2BR, 1BA$0.89
4074 Spencer St4074 Spencer St3BR, 1BA$0.96
5621 N 29th St5621 N 29th St3BR, 1BA$1.13

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
Decorative image

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.

Read Article

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.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Omaha, NE

Ranked #1

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Omaha, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Omaha, NE

View Map
Omaha, NE Apartments Map
View Map
Omaha, NE Rental Homes Map

Omaha, NE Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Frequently Asked Questions about Omaha

What type of rentals are currently available in Omaha?

There are currently 1912 Apartments for Rent in Omaha, NE with pricing that ranges from $475 to $14,970. There are also 305 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $675 to $5,100.

What is the current price range for Rental Homes in Omaha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Omaha ranges from $675 to $5,100 with an average monthly rent of $1,964.

How much are larger Three and Four Bedroom Rentals in Omaha?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Omaha range from $800 to $9,927, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $679.

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.

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.