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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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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Showing Results 1-40, 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 Flats at Miracle Hills priced from $695. Camelot Village has the second lowest priced unit, which is a Studio apartment currently listed from $707. Here are the most affordable Lake Forest apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Flats at Miracle HillsStudioStudio,1BA$695
Camelot VillageStudioStudio,1BA$707
The Colonial ApartmentsStudioStudio,1BA$735
Preserve at Evans Place1 Bed, 1 Bath - 718 SF1BR,1BA$737
Lake Candlewood ApartmentsJuniper1BR,1BA$790
Eden West ApartmentsSTUDIO | 1 Bath | 600 sq ftStudio,1BA$800
Edgewater Court ApartmentsVictoria1BR,1BA$845
LionsHead ApartmentsA1BR,1BA$850
New Towne West Apartments1C1BR,1BA$865
Residences at Fox Pointe1BR/1.0BA1BR,1BA$875

Best Value Apartments for Rent in Lake Forest, NE

As of June 13, 2026 the best value apartment in the Lake Forest area is the $1.02 price per square foot Two Bedroom 215B Model at Beacon Hill in the in the Keystone neighborhood starting from $1,065. The second greatest value Lake Forest apartment is the Arcadia Model at Grandridge starting at $1,075 with a $1.08 price per square foot in the Keystone 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.
Beacon HillTwo Bedroom 215B2BR,1.5BA$1.02
GrandridgeArcadia2BR,2BA$1.08
Woodland PinesTwo Bedroom 21B2BR,1BA$1.12
Maple RidgeTwo Bedroom 215A2BR,1.5BA$1.14
Aspen Grove Apartments2/2 - 60%2BR,2BA$1.11
The NormandyMonet1BR,1BA$1.14
Maple View Apartments2 Bed, 1 Bath B22BR,1BA$1.08
Club at Highland Park1 Bedroom1BR,1BA$1.05
Edgewater Court ApartmentsVictoria1BR,1BA$1.14
Camelot VillageStudioStudio ,1BA$1.19

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 $875.

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

The cheapest apartment in Lake Forest is Preserve at Evans Place which is listed at $737, while the average apartment in Lake Forest costs $1,867.

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 31 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 $1,094 which is $773 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.