Cheap Apartments for Rent in the Midtown Neighborhood of Omaha, NE from $400 (128 Rentals)

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

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property at 2563 Irving Ct

2563 Irving Ct

OmahaNE68131

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Midtown, Omaha, NE Local Guide

Cheapest Available Midtown Apartments for Rent

 

The cheapest available apartment rental in the Midtown area of Omaha, NE is a 1 Bed unit found at ALANSCO 1016 N 47 Ave priced from $745. Gladstone Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Midtown apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
Gladstone ApartmentsOne Bedroom1BR,1BA$795
Cuming St Apartments1 Bed 1 Bath1BR,1BA$800
University Place Apartments60% AMI 1BD/1BA1BR,1BA$815
Blackstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$825
Rachelle Apartments1 Bed, 1 bath1BR,1BA$825
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$825
El Dorado Apartments1 Bed, 1 bath1BR,1BA$825
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$845
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$845

Best Value Apartments for Rent in Midtown, NE

As of October 21, 2025 the best value apartment in the Midtown area is the $0.82 price per square foot 0BR/1.0BA Model at The Park Terrace in the in the Old Market neighborhood starting from $995. The second greatest value Midtown apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,295 with a $1.08 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Midtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Park Terrace0BR/1.0BAStudio ,1BA$0.82
M34 Apartments1BR/1.0BA1BR,1BA$1.08
320 N 40th StApt. 52BR,1BA$1.19
507 S. 36th Street2 Bed 1 Bath - Furnished2BR,1BA$1.16
Gladstone ApartmentsTwo Bedroom2BR,1BA$1.26
MarCon Blackstone ApartmentsDelta - 1 Bedroom1BR,1BA$1.28
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$1.20
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$1.18
Rachelle Apartments1 Bed, 1 bath1BR,1BA$1.27
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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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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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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Pet Friendly Lifestyle
Midtown, Omaha, NE

Ranked #118

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

ApartmentHomeLiving.com compiles millions of data points to bring you comprehensive Lifestyle Ratings of neighborhoods, areas, and rental properties across Nebraska and customized analysis for Central Omaha. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Midtown Apartments

What is a cheap apartment in Midtown?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Midtown is under $845.

What is the price of a cheap apartment in Midtown?

The cheapest apartment in Midtown is ALANSCO 1016 N 47 Ave which is listed at $745, while the average apartment in Midtown costs $1,995.

What types of apartments are the cheapest in Midtown?

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 73 regular apartments in Midtown 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?

Cheap apartments in Midtown have an average cost of $538 which is $1,457 cheaper than the average rent for all rentals in Midtown.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.