Cheap Apartments for Rent in the Midtown Neighborhood of Omaha, NE from $400 (144 Rentals)

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

Omaha's Best Affordable Neighborhoods

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

property at 112 N 38th Ave

$810 - $865

Studio To 1 Bedroom Rentals

Available Now

112 N 38th Ave

OmahaNE68131

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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property at 2561 Izard Ct

$975 - $1,100

1 To 2 Bedroom Rentals

Available Now

2561 Izard Ct

OmahaNE68131

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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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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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.

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 Studio unit found at Hanscom and Georgia Row Apartments priced from $557. Halford Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Midtown apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments0/1 - 30%Studio,1BA$557
Halford Apartments1 Beds, 1 Baths1BR,1BA$645
Cuming St ApartmentsStudio 1 BathStudio,1BA$675
540 S 30th St1 Beds, 1 Baths1BR,1BA$700
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
University Place Apartments60% AMI 1BD/1BA1BR,1BA$750
38th PlaceWhite Cabinet Finish1BR,1BA$750
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$795
Storybook Apartments1 Beds, 1 Baths1BR,1BA$795

Best Value Apartments for Rent in Midtown, NE

As of July 22, 2026 the best value apartment in the Midtown 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 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 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
Tadousac2 Bed, 1 Bath - 860 SF2BR,1BA$1.20
3828 Jones St3828 Jones St1BR,1BA$1.01
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.00
38th PlaceWhite Cabinet Finish1BR,1BA$1.04
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$1.14
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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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 #97

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 the Cheapest Studio apartment in Midtown?

Currently the most affordable Cheap Studio Apartment in Midtown is at Hanscom and Georgia Row Apartments listed at $557.

How much is rent for a Cheap One Bedroom Midtown Apartment?

The lowest price for a Cheap One Bedroom Midtown Apartment is $645 at Halford Apartments.

What is the lowest price for a Cheap Two Bedroom Midtown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Midtown is starting from $1,036 at Tadousac.

What is the most affordable Midtown Three Bedroom Apartment?

The best deal on a cheap Midtown Three Bedroom Apartment rental is at Hanscom and Georgia Row Apartments and starts from $1,250.

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.