Cheap Apartments for Rent in the Morton Meadows Neighborhood of Omaha, NE from $400 (230 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Morton Meadows 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

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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 Now

114 N 38th St, Unit B

114 N 38th StOmaha, NE 68131
Affordability

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

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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

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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Morton Meadows, Omaha, NE Local Guide

Cheapest Available Morton Meadows Apartments for Rent

 

The cheapest available apartment rental in the Morton Meadows area of Omaha, NE is a 1 Bed unit found at Hanscom and Georgia Row Apartments priced from $572. Halford Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here are the most affordable Morton Meadows apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments1/1 - 30%1BR,1BA$572
Halford Apartments1 Beds, 1 Baths1BR,1BA$645
The Avenue apartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$695
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$695
Westbrook TowerStudioStudio,1BA$729
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$730
University Place Apartments60% AMI 1BD/1BA1BR,1BA$750
Cuming St Apartments1 Bed 1 Bath1BR,1BA$775

Best Value Apartments for Rent in Morton Meadows, NE

As of August 04, 2026 the best value apartment in the Morton Meadows area is the $1.15 price per square foot 626 S 36th St Model at 626 S 36th St, Unit Blackstone Duplex #1 in the in the Old Market neighborhood starting from $1,800. The second greatest value Morton Meadows apartment is the 2B Model at Colonial Park starting at $1,165 with a $0.97 price per square foot in the Southeast Omaha neighborhood. Here is today’s list of the best values for Morton Meadows apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
626 S 36th St, Unit Blackstone Duplex #1626 S 36th St3BR,2BA$1.15
Colonial Park2B2BR,1BA$0.97
M34 Apartments1BR/1.0BA1BR,1BA$1.08
South Park1 Bed 1 Bath - b1BR,1BA$1.10
3828 Jones St3828 Jones St1BR,1BA$1.04
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.00
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$1.04
Park Avenue Apartments1 Bed 1 Bath1BR,1BA$1.14
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.11
4907 Capitol Ave, Unit #54907 Capitol Ave1BR,1BA$1.15

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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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Omaha, NE. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and the best outdoor access, pet-friendly features, places that make kids happy, proximity to transit, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Morton Meadows Apartments

What is a cheap apartment in Morton Meadows?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Morton Meadows is under $775.

What is the price of a cheap apartment in Morton Meadows?

The cheapest apartment in Morton Meadows is Hanscom and Georgia Row Apartments which is listed at $572, while the average apartment in Morton Meadows costs $1,485.

What types of apartments are the cheapest in Morton Meadows?

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 203 regular apartments in Morton Meadows 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 Morton Meadows?

Cheap apartments in Morton Meadows have an average cost of $1,050 which is $435 cheaper than the average rent for all rentals in Morton Meadows.

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.