Cheap Apartments for Rent in the Lake Forest Neighborhood of Omaha, NE from $500 (38 Rentals)

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

Omaha's Best Affordable Neighborhoods

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Northridge Apartments
1 Bedroom Apartments

Northridge Apartments

10745 Old Maple RdOmaha, NE 68164
Senior Living
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BriarPark Apartments
1 to 2 Bedroom Apartments

BriarPark Apartments

11405 Corby PlzOmaha, NE 68164
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Wheaten Place
1 to 2 Bedroom Apartments

Wheaten Place

10919 Cottonwood LnOmaha, NE 68164

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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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Wellington Park
1 to 2 Bedroom Apartments

Wellington Park

2606 N 115th CtOmaha, NE 68164
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Stonegate Park
1 to 2 Bedroom Apartments

Stonegate Park

12102 Stonegate DrOmaha, NE 68164
Showing Results 1-38, Page 1 of 1

Cheapest Available Lake Forest Apartments for Rent

 

The cheapest available apartment rental in the Lake Forest area of Omaha, NE is a Studio unit found at Camelot Village priced from $678. Flats at Miracle Hills has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Lake Forest apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Camelot VillageStudioStudio,1BA$678
Flats at Miracle HillsStudioStudio,1BA$695
The Colonial ApartmentsStudioStudio,1BA$715
Lake Candlewood ApartmentsJuniper1BR,1BA$790
Fox Ridge Apartments1 Bed, 1 Bath A11BR,1BA$795
Eden West ApartmentsSTUDIO | 1 Bath | 600 sq ftStudio,1BA$800
Beacon HillOne Bedroom 11C1BR,1BA$830
Park West1 Bedroom, 1 Bathroom - 736 SF1BR,1BA$845
LionsHead ApartmentsA1BR,1BA$855
New Towne West Apartments1C1BR,1BA$865

Best Value Apartments for Rent in Lake Forest, NE

As of July 29, 2026 the best value apartment in the Lake Forest area is the $1.19 price per square foot 2 Bed 2 Bath Model at Standing Bear Lake in the in the Northwest Omaha neighborhood starting from $1,651. The second greatest value Lake Forest apartment is the 2 Bedroom Model at Terrace Garden Townhomes starting at $1,385 with a $1.14 price per square foot in the Northwest Omaha neighborhood. Here is today’s list of the best values for Lake Forest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Standing Bear Lake2 Bed 2 Bath2BR,2BA$1.19
Terrace Garden Townhomes2 Bedroom2BR,1.5BA$1.14
Park West3 Bedroom, 2 Bathroom - 1160 SF3BR,2BA$1.20
West HavenBurke2BR,1BA$1.18
GrandridgeArcadia2BR,2BA$1.05
Aspen Grove Apartments2/2 - 60%2BR,2BA$1.11
The NormandyMonet1BR,1BA$1.14
Maple View Apartments2 Bed, 1 Bath B22BR,1BA$1.08
Camelot Village1 Bedroom 1 Bathroom1BR,1BA$0.97
Club at Highland Park1 Bedroom1BR,1BA$1.04

Frequently Asked Questions about Cheap Lake Forest Apartments

What is a cheap apartment in Lake Forest?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Forest is under $865.

What is the price of a cheap apartment in Lake Forest?

The cheapest apartment in Lake Forest is Lake Candlewood Apartments which is listed at $790, while the average apartment in Lake Forest costs $1,783.

What types of apartments are the cheapest in Lake Forest?

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 23 regular apartments in Lake Forest 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 Lake Forest?

Cheap apartments in Lake Forest have an average cost of $1,008 which is $775 cheaper than the average rent for all rentals in Lake Forest.

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

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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.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.