Cheap Apartments for Rent in the Midtown Omaha Neighborhood of Omaha, NE from $500 (85 Rentals)

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

property at 820 N 46th St

$775 - $795

1 Bedroom Rentals

Available Now

820 N 46th St

OmahaNE68132

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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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.

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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.

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J.K. Apartments
1 Bedroom Apartments

J.K. Apartments

817 N 47th StOmaha, NE 68132
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California Hills
Studio to 1 Bedroom Apartments

California Hills

612 46th StOmaha, NE 68132
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The Green Lodge
Studio to 1 Bedroom Apartments

The Green Lodge

3503 Jones StOmaha, NE 68105
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220 N 32nd Ave
1 Bedroom Apartments

220 N 32nd Ave

220 N 32nd AveOmaha, NE 68131
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Angela Apartments
Studio to 1 Bedroom Apartments

Angela Apartments

3518 Dewey AveOmaha, NE 68105
  • Utilities Included
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Saunders School
1 to 2 Bedroom Apartments

Saunders School

415 N 41st AveOmaha, NE 68131
  • Utilities Included

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.

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Hilltop Apartments
1 to 3 Bedroom Apartments

Hilltop Apartments

1121 N 48th AveOmaha, NE 68132
  • Utilities Included
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4704 Cass St
1 Bedroom Apartments

4704 Cass St

4704 Cass StOmaha, NE 68132
Student Housing
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Tiverton
1 Bedroom Apartments

Tiverton

3304 Jackson StOmaha, NE 68105
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Glenwood Manor
1 to 2 Bedroom Apartments

Glenwood Manor

802 N 44th StOmaha, NE 68131
  • Utilities Included
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1001 N 29th St
1 to 2 Bedroom Apartments

1001 N 29th St

1001 N 29th StOmaha, NE 68131
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3833 Cuming St.
1 Bedroom Apartments

3833 Cuming St.

3833 Cuming StOmaha, NE 68131

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.

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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 ALANSCO 1016 N 47 Ave priced from $765. Gladstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Midtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$765
Gladstone ApartmentsOne Bedroom1BR,1BA$795
Urban Village MidtownGreen Lodge - One Bedroom1BR,1BA$795
University Place Apartments60% AMI 1BD/1BA1BR,1BA$815
Blackstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$825
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$845
El Dorado Apartments1 Bed, 1 bath1BR,1BA$845
The Davenport ApartmentsStudioStudio,1BA$850
324 N 38th StStudioStudio,1BA$850

Best Value Apartments for Rent in Midtown Omaha, NE

As of January 28, 2026 the best value apartment in the Midtown Omaha area is the $1.25 price per square foot 3812 Dodge St Model at 3812 Dodge St in the in the Old Market neighborhood starting from $1,500. The second greatest value Midtown Omaha apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,195 with a $1.00 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.
3812 Dodge St3812 Dodge St3BR,1BA$1.25
M34 Apartments1BR/1.0BA1BR,1BA$1.00
320 N 40th StApt. 52BR,1BA$1.19
Roosevelt2 Bed, 2 Bath A2BR,2BA$1.22
507 S. 36th Street2 Bed 1 Bath - Furnished2BR,1BA$1.16
Gladstone ApartmentsTwo Bedroom2BR,1BA$1.26
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.07
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$1.25
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$1.25
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.22

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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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 $850.

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

The cheapest apartment in Midtown Omaha is ALANSCO 1016 N 47 Ave which is listed at $765, while the average apartment in Midtown Omaha costs $2,350.

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 63 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 $442 which is $1,908 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 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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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.