Cheap Apartments for Rent in the Midtown Omaha Neighborhood of Omaha, NE from $500 (133 Rentals)

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

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114 N 38th St, Unit B
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800
Studio Apartment Available Aug 1

114 N 38th St, Unit B

114 N 38th StOmaha, NE 68131
Affordability

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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property at 601 S 38th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 2 Bath Home for Rent

Available Now

601 S 38th Ave

OmahaNE68105

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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111 S 38th St, Unit 3
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950
1 Bedroom Apartment Available Now

111 S 38th St, Unit 3

111 S 38th StOmaha, NE 68131
Cost Per Sq.Ft.
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4710 Cass St
$1,050 - $1,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,150
Total Monthly Price
$1,050 - $1,150
1 Bedroom Apartment Available Aug 14

4710 Cass St

4710 Cass StOmaha, NE 68132
Affordability
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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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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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Midtown Omaha, Omaha, NE Local Guide

Cheapest Available Midtown Omaha Apartments for Rent

 

The cheapest available apartment rental in the Midtown Omaha area of Omaha, NE is a 1 Bed unit found at Halford Apartments priced from $645. 1015 N 47th Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Midtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Halford Apartments1 Beds, 1 Baths1BR,1BA$645
1015 N 47th Ave1 Beds, 1 Baths1BR,1BA$645
540 S 30th St1 Beds, 1 Baths1BR,1BA$700
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$730
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
University Place Apartments60% AMI 1BD/1BA1BR,1BA$750
38th PlaceBrown Cabinet w/ Balcony1BR,1BA$750
3608 Jackson Street1BR/1.0BA1BR,1BA$795
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$825

Best Value Apartments for Rent in Midtown Omaha, NE

As of July 28, 2026 the best value apartment in the Midtown Omaha area is the $1.19 price per square foot One Bedroom Loft Model at 38th St Lofts in the in the Holy Cross neighborhood starting from $1,650. The second greatest value Midtown Omaha apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,395 with a $1.17 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Midtown Omaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
38th St LoftsOne Bedroom Loft1BR,1.5BA$1.19
M34 Apartments1BR/1.0BA1BR,1BA$1.17
111 S 38th St, Unit 3111 S 38th St1BR,1BA$1.04
3828 Jones St3828 Jones St1BR,1BA$1.04
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.00
38th PlaceBrown Cabinet w/ Balcony1BR,1BA$1.04
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$1.21
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$1.04
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$1.18
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.19

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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Pet Friendly Lifestyle
Midtown Omaha, Omaha, NE

Ranked #109

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website is happy to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Nebraska including Midtown Omaha, Omaha, and the greater Omaha area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, places that make kids happy, raising pets, transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Midtown Omaha Apartments

What is a cheap apartment in Midtown Omaha?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown Omaha is under $825.

What is the price of a cheap apartment in Midtown Omaha?

The cheapest apartment in Midtown Omaha is Halford Apartments which is listed at $645, while the average apartment in Midtown Omaha costs $3,250.

What types of apartments are the cheapest in Midtown Omaha?

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 177 regular apartments in Midtown Omaha 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 Midtown Omaha?

Cheap apartments in Midtown Omaha have an average cost of $1,398 which is $1,852 cheaper than the average rent for all rentals in Midtown Omaha.

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 Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

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.