Cheap Homes for Rent in Omaha, NE from $700 (44 Rentals)

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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 Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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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Omaha's Best Affordable Neighborhoods

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

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property at 5805 N 28th Ave

5805 N 28th Ave

OmahaNE68111
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Omaha, NE Local Guide

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 06/17/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $5,788 with an overall median price of $1,980. The three Omaha neighborhoods with the lowest median rent pricing are Ford Birthsite at $950, Sherman at $645, and Far North Omaha at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Ford Birthsite$950$9501
Sherman$1,180$6459
Far North Omaha$1,300$80010
Woodbridge$1,319$70453
Orchard Park$1,397$67545
Wynnewood Brookfield$1,397$67550
Dundee$1,400$77518
Saddle Hills$1,411$67553
Jewell$1,420$56520
Heide Heights$1,420$72057

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a 1 Bed unit found at Bellevue Gardens Apartments in the Chris Lake neighborhood priced from $675. Keystone Ridge in the Benson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$675
Keystone RidgeOne Bedroom1BR,1BA$675
Westwood Apartments2 BD2BR,1BA$700
Camelot VillageStudioStudio,1BA$704
The Pines at Q Plaza Apartments1A1BR,1BA$705
Preserve at Evans Place1 Bed, 1 Bath - 663 SF1BR,1BA$720
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$735
Westbrook Tower1 Bedroom1BR,1BA$735
29 Flats Apartments1 Bedroom with Balcony1BR,1BA$755

Best Value Apartments for Rent in Omaha, NE

As of June 17, 2025 the best value apartment in the Omaha area is the $0.84 price per square foot Ranch Style Duplex A Model at Westwood Duplexes in the in the Southwest Omaha neighborhood starting from $1,656. The second greatest value Omaha apartment is the 4 Bed 2 Bath Model at The Village at Papillion starting at $1,290 with a $0.93 price per square foot in the Gretna neighborhood. Here is today’s list of the best values for Omaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westwood DuplexesRanch Style Duplex A3BR,2BA$0.84
The Village at Papillion4 Bed 2 Bath4BR,2BA$0.93
L15 LoftsVintageStudio ,1BA$0.83
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Westwood Apartments2 BD2BR,1BA$0.67
Orleans Square2 bedroom / 1 bath - Tenant Pays Utl.2BR,1BA$0.99
Orchard Park ApartmentsOrchard - 1 Bedroom1BR,1BA$0.96
New Towne West Apartments1B1BR,1BA$0.99
Bellevue Gardens Apartments1 Bed 1 Bath1BR,1BA$0.96
1819 Pinkney St, Unit 31819 Pinkney St1BR,1BA$0.92

Quick Rent Budget Calculator

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Omaha, NE Area Reviews

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Frequently Asked Questions about Omaha

What type of rentals are currently available in Omaha?

There are currently 1790 Apartments for Rent in Omaha, NE with pricing that ranges from $475 to $5,788. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $795 to $4,410.

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 $795 to $4,410 with an average monthly rent of $2,258.

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 $965 to $4,607, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,260 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $1,290.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.