Cheap Homes for Rent in Omaha, NE from $500 (82 Rentals)

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property at 3512 Dodge St

3512 Dodge St

OmahaNE68131

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.

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.

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.

property at 205 Park Ave

205 Park Ave, Unit #3

205 Park Ave
Council BluffsIA51503

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.

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.

Omaha, NE Local Guide

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 09/07/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $4,434 with an overall median price of $1,853. The three Omaha neighborhoods with the lowest median rent pricing are Maclad Heights at $785, Omaha Acres at $770, and Ford Birthsite at $950. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Maclad Heights$1,100$78517
Omaha Acres$1,100$77022
Ford Birthsite$1,195$9502
Orchard Park$1,300$72524
Woodbridge$1,348$80020
Brown Park$1,350$7255
Mockingbird Hills West$1,390$711108
Wynnewood Brookfield$1,397$72552
Saratoga$1,400$77023
Keystone$1,411$52099

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a Studio unit found at Hanscom and Georgia Row Apartments in the Old Market neighborhood priced from $557. The Avenue apartments in the Old Market neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Omaha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments0/1 - 30%Studio,1BA$557
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
CitronStudioStudio,1BA$629
ALANSCO 1016 N 47 Ave0BR/1.0BAStudio,1BA$645
Juniper GardensStudio - ClassicStudio,1BA$697
Westwood Apartments2 BD2BR,1BA$700
Copperstone ApartmentsOne Bedroom1BR,1BA$700
Westbrook Gardens After55 CommunityOne bed1BR,1BA$705
1305 S 32nd Street1 Bedroom 1 Bathroom1BR,1BA$710
Keystone RidgeOne Bedroom1BR,1BA$725

Best Value Apartments for Rent in Omaha, NE

As of September 07, 2025 the best value apartment in the Omaha area is the $0.86 price per square foot Ranch Style Duplex A Model at Westwood Duplexes in the in the Southwest Omaha neighborhood starting from $1,693. The second greatest value Omaha apartment is the Townhome Model at Camelot Village starting at $1,490 with a $0.96 price per square foot in the Central 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$0.86
Camelot VillageTownhome3BR,1.5BA$0.96
Colonial Park3A3BR,1BA$1.04
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Beacon HillTwo Bedroom 22A2BR,1.75BA$0.95
Westbrook Gardens After55 CommunityTwo Bed w/ Den2BR,1BA$0.90
L15 LoftsClassic1BR,1BA$0.84
Club at Highland Park2 Bedroom2BR,2BA$0.97
Westwood Apartments2 BD2BR,1BA$0.67
Wheaten Place1 bed 1 bath1BR,1BA$1.03

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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

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

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Frequently Asked Questions about Omaha

What type of rentals are currently available in Omaha?

There are currently 1805 Apartments for Rent in Omaha, NE with pricing that ranges from $475 to $4,434. There are also 314 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $565 to $8,000.

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 $565 to $8,000 with an average monthly rent of $2,088.

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 $4,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $4,000. Four Bedroom Single-Family rentals are also available starting from $800 and Four Bedroom Apartments start at $639.

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.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.