Cheap Apartments for Rent in the Midtown Neighborhood of Omaha, NE from $400 (101 Rentals)

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

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

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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property at 2563 Irving Ct

2563 Irving Ct

OmahaNE68131

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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La Morada
Studio Apartments

La Morada

554 S 26th StOmaha, NE 68105
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Lutheran Home
1 Bedroom Apartments

Lutheran Home

530 S 26th StOmaha, NE 68105
Senior Living
  • Utilities Included
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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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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 $695. 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$695
Gladstone ApartmentsOne Bedroom1BR,1BA$795
3608 Jackson Street1BR/1.0BA1BR,1BA$795
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$795
University Place Apartments60% AMI 1BD/1BA1BR,1BA$815
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$835
University Row ApartmentsOne Bedroom - 60% AMI1BR,1BA$845
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$845
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$845

Best Value Apartments for Rent in Midtown, NE

As of December 11, 2025 the best value apartment in the Midtown 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 apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,250 with a $1.05 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.
3812 Dodge St3812 Dodge St3BR,1BA$1.25
M34 Apartments1BR/1.0BA1BR,1BA$1.05
The Melrose2BR/1.0BA2BR,1BA$0.96
320 N 40th StApt. 52BR,1BA$1.19
507 S. 36th Street2 Bed 1 Bath - Furnished2BR,1BA$1.16
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$1.14
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$1.21
3828 Jones St, Unit 1043828 Jones St1BR,1BA$1.14
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$1.25
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.11

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 #83

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 $695, while the average apartment in Midtown costs $1,775.

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 71 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 $367 which is $1,408 cheaper than the average rent for all rentals in Midtown.

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

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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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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!