Cheap Homes for Rent in Omaha, NE from $400 (79 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.

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property at 4018 N 42nd St

4018 N 42nd St

OmahaNE68111

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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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.

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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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Showing Results 1-50, Page 1 of 2

Omaha, NE Local Guide

Cheapest Neighborhoods for Apartments in Omaha, NE

Pricing Updated: 12/08/2025

Current apartment rentals in the Omaha, NE area range in price from $475 to $4,434 with an overall median price of $1,822. The three Omaha neighborhoods with the lowest median rent pricing are Omaha Acres at $770, Ford Birthsite at $950, and Maclad Heights at $785. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Omaha Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Omaha Acres$790$77023
Ford Birthsite$950$9501
Maclad Heights$1,075$7858
Underwood Avenue$1,295$73514
Dundee$1,300$6506
Hartman Avenue$1,300$77067
North Omaha$1,300$77540
Market West$1,323$72524
Fairfax$1,350$639136
Fontenelle View$1,350$76562

Cheapest Available Omaha Apartments for Rent

 

The cheapest available apartment rental in Omaha, NE is a Studio unit found at Chester Manor in the Southeast Omaha neighborhood priced from $545. 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
Chester Manor0 Beds, 1 BathsStudio,1BA$545
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
Westbrook TowerStudioStudio,1BA$685
Flats at Miracle HillsStudioStudio,1BA$690
Copperstone ApartmentsOne Bedroom1BR,1BA$695
Keystone RidgeOne Bedroom1BR,1BA$695
Juniper GardensStudio - ClassicStudio,1BA$697
The Pines at Q Plaza Apartments1A1BR,1BA$725
1305 S 32nd Street1 Bed 1 Bath1BR,1BA$725
AlhambraStudio - LargeStudio,1BA$739

Best Value Apartments for Rent in Omaha, NE

As of December 08, 2025 the best value apartment in the Omaha area is the $0.81 price per square foot Standard Split Level Duplex Model at Westwood Duplexes in the in the Southwest Omaha neighborhood starting from $1,602. The second greatest value Omaha apartment is the Two Bedroom 22B Model at Stony Brook starting at $1,390 with a $0.90 price per square foot in the Millard 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 DuplexesStandard Split Level Duplex3BR,2BA$0.81
Stony BrookTwo Bedroom 22B2BR,1.5BA$0.90
Centre RidgeRockbrook II2BR,2BA$0.96
Colonial Park2A2BR,1BA$1.00
The Melrose2BR/1.0BA2BR,1BA$0.96
Fontainebleau2 BDR 2 BTH2BR,2BA$0.86
Westbrook Gardens After55 CommunityTwo Bed w/ Den2BR,1BA$0.90
Old Market Lofts1 Bedroom 1 Bathroom with Balcony, Patio1BR,1BA$0.95
L15 LoftsClassic1BR,1BA$0.76
Westwood Apartments2 BD2BR,1BA$0.75

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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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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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.

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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!

Explore Omaha, NE Rentals by Map

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See the most popular apartments and homes in Omaha, NE

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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 1825 Apartments for Rent in Omaha, NE with pricing that ranges from $475 to $4,434. There are also 356 Single Family Homes for rent, Condos, and Townhome rentals currently available in Omaha ranging from $400 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 $400 to $8,000 with an average monthly rent of $2,042.

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 $995 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,478 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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!