close
View Me
Cheap Apartments for Rent in the Near South Neighborhood of Omaha, NE from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South area of Omaha.
close
View Me
Rent Specials
from $7951 to 3 Bedroom Apartments Available Now
Securities Downtown
305 S 16th StOmaha, NE 68102
close
View Me
from $830Studio to 2 Bedroom Apartments Available Now
The Flats on Howard
2211 Howard StOmaha, NE 68102
close
View Me
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.
close
View Me
close
View Me
from $845Studio to 1 Bedroom Apartments Available Now
Kensington Tower Apartments
505 S 16th StOmaha, NE 68102
close
View Me
from $888Studio to 3 Bedroom Apartments Available Now
Skinner Macaroni Lofts
1323 Jackson StOmaha, NE 68102
close
View Me
from $9001 to 3 Bedroom Apartments Available Now
The Drake and Liberty Lofts Apartments
2116 Leavenworth StOmaha, NE 68102
close
View Me
close
View Me
close
View Me
from $925Studio to 2 Bedroom Apartments Contact Us For Availability
8 Street Apartments
801 Pacific StOmaha, NE 68108
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.
close
View Me
close
View Me
close
View Me
close
View Me
Rent Specials
from $999Studio to 2 Bedroom Apartments Available Now
Orpheum Tower
405-409 S 16th StOmaha, NE 68102
close
View Me
close
View Me
from $1,0001 to 3 Bedroom Apartments Available Now
Mason School Apartment Homes
1012 S 24th StOmaha, NE 68108
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Studio to 1 Bedroom Apartments
Harney Street Apartments in the Old Market
1115 Harney StOmaha, NE 68102
close
View Me
Showing Results 1-31, Page 1 of 1
Near South, Omaha, NE Local Guide
How much does it cost to rent an apartment in Near South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South Studio Apartments | $1,322 | $685 | $5,521 |
| Near South 1 Bedroom Apartments | $1,299 | $735 | $3,456 |
| Near South 2 Bedroom Apartments | $1,853 | $845 | $4,080 |
| Near South 3 Bedroom Apartments | $2,177 | $1,295 | $3,671 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Near South Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
Near South, Omaha, NE Local Guide
- Nearby Omaha neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Near South Apartments for Rent
The cheapest available apartment rental in the Near South area of Omaha, NE is a Studio unit found at The Avenue apartments priced from $615. Westbrook Tower has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Near South apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue apartments | Studio w/ Carpet | Studio,1BA | $615 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
| Securities Downtown | 1BR/1.0BA | 1BR,1BA | $795 |
| The Flats on Howard | The Forrest | Studio,1BA | $830 |
| Hotel Flatiron | Ziegman-B2 | 1BR,1BA | $840 |
| Dahlman Flats | Studio | Studio,1BA | $845 |
| Kensington Tower Apartments | GROUND LEVEL STUDIO | Studio,1BA | $845 |
| Georgeanna Court | One Bedroom | 1BR,1BA | $900 |
| The Drake and Liberty Lofts Apartments | 1 bedroom/ 1 bath | 1BR,1BA | $945 |
| Harney Street Apartments in the Old Market | 0BR/1.0BA | Studio,1BA | $950 |
Best Value Apartments for Rent in Near South, NE
As of May 28, 2025 the best value apartment in the Near South area is the $1.18 price per square foot 1 Bed 1 Bath Model at Cornerstone Apartments in the in the Old Market neighborhood starting from $1,475. The second greatest value Near South apartment is the AC.2B.G Model at The Brandeis starting at $1,350 with a $1.28 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Near South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
| The Brandeis | AC.2B.G | 2BR,1BA | $1.28 |
| L15 Lofts | Vintage | Studio ,1BA | $0.98 |
| Old Market Lofts | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.22 |
| 804 Hickory St, Unit 804 | 804 Hickory St | 2BR,1BA | $1.39 |
| Skinner Macaroni Lofts | One Bedroom | 1BR,1BA | $1.20 |
| Harney Street Apartments in the Old Market | 0BR/1.0BA | Studio ,1BA | $1.36 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
| Georgeanna Court | One Bedroom | 1BR,1BA | $1.50 |
| The Avenue apartments | Studio w/ Carpet | Studio ,1BA | $1.41 |
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.
Let everyone know!
Do you know the Near South area?
If you’re an expert on all things Near South, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleNear South, Omaha, NE
Ranked #57
Among neighborhoods in Omaha, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
Our team is happy to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including 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 proximity to parks, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Near South Apartments
What is a cheap apartment in Near South?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Near South is under $950.
What is the price of a cheap apartment in Near South?
The cheapest apartment in Near South is Westbrook Tower which is listed at $735, while the average apartment in Near South costs $1,942.
What types of apartments are the cheapest in Near South?
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 47 regular apartments in Near South 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 Near South?
Cheap apartments in Near South have an average cost of $827 which is $1,115 cheaper than the average rent for all rentals in Near South.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.