Cheap Homes for Rent in Metcalfe Park Neighborhood of Omaha, NE from $700 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Metcalfe Park area of Omaha.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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property at 601 S 38th Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 2 Bath Home for Rent

Available May 15

601 S 38th Ave

OmahaNE68105

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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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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Metcalfe Park, Omaha, NE Local Guide

Cheapest Available Metcalfe Park Apartments for Rent

 

The cheapest available apartment rental in the Metcalfe Park area of Omaha, NE is a Studio unit found at 3902 Harney priced from $645. Cuming St Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Metcalfe Park apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
3902 Harney0 Bed, 1 Bath - 600 SFStudio,1BA$645
Cuming St Apartments1 Bed 1 Bath1BR,1BA$750
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$775
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$795

Best Value Apartments for Rent in Metcalfe Park, NE

As of May 07, 2026 the best value apartment in the Metcalfe Park area is the $1.17 price per square foot Two Bed, 1.5 Bath Model at Fairview Apartments in the in the North Omaha neighborhood starting from $1,225. The second greatest value Metcalfe Park apartment is the 4519 Hamilton St Model at 4519 Hamilton St, Unit 4519 starting at $800 with a $0.80 price per square foot in the Benson neighborhood. Here is today’s list of the best values for Metcalfe Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fairview ApartmentsTwo Bed, 1.5 Bath2BR,1.5BA$1.17
4519 Hamilton St, Unit 45194519 Hamilton St1BR,1BA$0.80
111 S 38th St, Unit 3111 S 38th St1BR,1BA$1.04
Tadousac2 Bed, 1 Bath - 860 SF2BR,1BA$1.20
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.07
Benson Crest Apartments1 Bed 1 Bath1BR,1BA$1.13
124 N 38th Ave, Unit 4124 N 38th Ave1BR,1BA$1.17
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$1.18
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
3902 Harney0 Bed, 1 Bath - 600 SFStudio ,1BA$1.08

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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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Best Local Schools in
Metcalfe Park, Omaha, NE

School data provided by Great Schools

Frequently Asked Questions about Metcalfe Park

What type of rentals are currently available in Metcalfe Park?

There are currently 642 Apartments for Rent in Metcalfe Park, NE with pricing that ranges from $545 to $5,604. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Metcalfe Park ranging from $725 to $5,100.

What is the current price range for Rental Homes in Metcalfe Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Metcalfe Park ranges from $725 to $5,100 with an average monthly rent of $2,279.

How much are larger Three and Four Bedroom Rentals in Metcalfe Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Metcalfe Park range from $1,295 to $3,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,050.

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

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.