
Cheap Apartments for Rent in the Lake Forest Neighborhood of Omaha, NE from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Forest area of Omaha.


Flats at Miracle Hills

Preserve at Evans Place

Camelot Village

New Towne West Apartments

Old Mill Apartments

Fox Valley Apartments

Lake Candlewood Apartments
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.

Beacon Hill

The Colonial Apartments

Eden West Apartments

Indian Hills Village Apartments and Townhomes

Fox Ridge Apartments

Residences at Fox Pointe

Parkwood Manor Apartments

The Martinique Apartments
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.

Club at Highland Park

Maple Ridge

Aspen Grove Apartments

Woodland Pines

LionsHead Apartments

Park West

Grandridge

Reserve at the Knolls Apartments and Townhomes
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.

Indian Hills Terrace Apartments

Maple View Apartments

The Heights Apartments

West Haven

Highpoint

Edgewater Court Apartments

The Normandy

Cherry Creek Village
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.

Raintree Apartments

Embassy Park Apartments

Northridge Apartments

Corby Castle

BriarPark Apartments

Wheaten Place

Wellington Park

Stonegate Park
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Lake Forest, Omaha, NE Local Guide

How much does it cost to rent an apartment in Lake Forest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Forest Studio Apartments | $893 | $716 | $1,235 |
| Lake Forest 1 Bedroom Apartments | $1,145 | $695 | $2,050 |
| Lake Forest 2 Bedroom Apartments | $1,427 | $841 | $2,224 |
| Lake Forest 3 Bedroom Apartments | $1,762 | $965 | $3,347 |
| Lake Forest 4 Bedroom Apartments | $1,865 | $1,861 | $1,868 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 1 mile radius of the Lake Forest Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at Miracle Hills | Studio | Studio,1BA | $716 |
| Camelot Village | Studio | Studio,1BA | $770 |
| New Towne West Apartments | 1C | 1BR,1BA | $774 |
| Old Mill Apartments | Small One Bed | 1BR,1BA | $783 |
| Fox Valley Apartments | 1 Bed, 1 Bath A1 | 1BR,1BA | $786 |
| Preserve at Evans Place | 1 Bed, 1 Bath - 718 SF | 1BR,1BA | $787 |
| Lake Candlewood Apartments | Juniper | 1BR,1BA | $790 |
| Beacon Hill | Studio 01A | Studio,1BA | $795 |
| The Colonial Apartments | Studio | Studio,1BA | $799 |
| Indian Hills Village Apartments and Townhomes | Village 1 Bedroom w/ Carport | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Estates | Sahler I | 2BR,1.5BA | $1.15 |
| Tranquility Pointe | 1 Bed 1 Bath B | 1BR,1BA | $1.15 |
| Edgewater Court Apartments | Elizabeth | 2BR,2BA | $1.02 |
| Grandridge | Arcadia II | 2BR,2BA | $1.00 |
| Maple Ridge | Two Bedroom 215D | 2BR,1.5BA | $0.97 |
| Indian Hills Terrace Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.22 |
| Club at Highland Park | 1 Bedroom | 1BR,1BA | $1.05 |
| Maple View Apartments | 2 Bed, 1 Bath B2 | 2BR,1BA | $1.11 |
| Indian Hills Village Apartments and Townhomes | Village 1 Bedroom w/ Carport | 1BR,1BA | $1.04 |
| Preserve at Evans Place | 1 Bed, 1 Bath - 663 SF | 1BR,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

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.

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.

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.

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.