Cheap Apartments for Rent in the Lake Forest Neighborhood of Omaha, NE from $500 (40 Rentals)

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

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Northridge Apartments
1 Bedroom Apartments

Northridge Apartments

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

Corby Castle

10220 Corby StOmaha, NE 68134
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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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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

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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 Flats at Miracle Hills priced from $716. Camelot Village has the second lowest priced unit, which is a Studio apartment currently listed from $770. Here are the most affordable Lake Forest apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Flats at Miracle HillsStudioStudio,1BA$716
Camelot VillageStudioStudio,1BA$770
New Towne West Apartments1C1BR,1BA$774
Old Mill ApartmentsSmall One Bed1BR,1BA$783
Fox Valley Apartments1 Bed, 1 Bath A11BR,1BA$786
Preserve at Evans Place1 Bed, 1 Bath - 718 SF1BR,1BA$787
Lake Candlewood ApartmentsJuniper1BR,1BA$790
Beacon HillStudio 01AStudio,1BA$795
The Colonial ApartmentsStudioStudio,1BA$799
Indian Hills Village Apartments and TownhomesVillage 1 Bedroom w/ Carport1BR,1BA$865

Best Value Apartments for Rent in Lake Forest, NE

As of January 28, 2026 the best value apartment in the Lake Forest area is the $1.15 price per square foot Sahler I Model at Country Estates in the in the Northwest Omaha neighborhood starting from $1,399. The second greatest value Lake Forest apartment is the 1 Bed 1 Bath B Model at Tranquility Pointe starting at $1,275 with a $1.15 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.
Country EstatesSahler I2BR,1.5BA$1.15
Tranquility Pointe1 Bed 1 Bath B1BR,1BA$1.15
Edgewater Court ApartmentsElizabeth2BR,2BA$1.02
GrandridgeArcadia II2BR,2BA$1.00
Maple RidgeTwo Bedroom 215D2BR,1.5BA$0.97
Indian Hills Terrace Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.22
Club at Highland Park1 Bedroom1BR,1BA$1.05
Maple View Apartments2 Bed, 1 Bath B22BR,1BA$1.11
Indian Hills Village Apartments and TownhomesVillage 1 Bedroom w/ Carport1BR,1BA$1.04
Preserve at Evans Place1 Bed, 1 Bath - 663 SF1BR,1BA$1.20

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 New Towne West Apartments which is listed at $774, while the average apartment in Lake Forest costs $1,868.

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 48 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 $753 which is $1,115 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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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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.