
Cheap Apartments for Rent in the Near South Neighborhood of Omaha, NE from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South area of Omaha.


The Flats on Howard

Skinner Macaroni Lofts

Dahlman Flats

The Drake and Liberty Lofts Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

2022 Castelar St

The Duo
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.

The Bank

2122 Drake Court Walk

8 Street Apartments

2109 Drake Court Walk

Mason School Apartment Homes
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.
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.
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 | $1,223 | $685 | $5,129 |
Near South 1 Bedroom Apartments | $1,346 | $735 | $4,248 |
Near South 2 Bedroom Apartments | $1,951 | $845 | $4,341 |
Near South 3 Bedroom Apartments | $2,210 | $1,295 | $3,648 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 1 mile radius of the Near South Neighborhood of Omaha, NE.
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Near South, Omaha, NE Local Guide
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Cheapest Available Near South Apartments for Rent
 The cheapest available apartment rental in the Near South area of Omaha, NE is a 1 Bed unit found at Westbrook Tower priced from $735. The Avenue apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here are the most affordable Near South apartments for rent in Omaha, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Westbrook Tower | 1 Bedroom | 1BR,1BA | $735 |
The Avenue apartments | Large 1 Bedroom /w Carpet | 1BR,1BA | $765 |
Jones13 | Webster | Studio,1BA | $834 |
The Flats on Howard | The Forrest | Studio,1BA | $850 |
Dahlman Flats | 1311 S 9th St. Unit 201 | Studio,1BA | $875 |
Kensington Tower Apartments | #3 Layout | 1BR,1BA | $895 |
The Drake and Liberty Lofts Apartments | 1 bedroom/ 1 bath | 1BR,1BA | $895 |
Georgeanna Court | One Bedroom | 1BR,1BA | $900 |
L15 Lofts | Vintage | Studio,1BA | $930 |
The Brandeis | AC.1B.G | 1BR,1BA | $950 |
Best Value Apartments for Rent in Near South, NE
As of July 22, 2025 the best value apartment in the Near South area is the $0.98 price per square foot One Bedroom with Den Model at Skinner Macaroni Lofts in the in the Old Market neighborhood starting from $1,387. The second greatest value Near South apartment is the AC.2B.2B.B/P Model at The Brandeis starting at $1,650 with a $1.18 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. |
---|---|---|---|
Skinner Macaroni Lofts | One Bedroom with Den | 1BR,1BA | $0.98 |
The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
Old Market Lofts | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.98 |
Securities Downtown | 3BR/2.0BA | 3BR,2BA | $1.16 |
Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.56 |
L15 Lofts | Classic | 1BR,1BA | $0.89 |
The Drake and Liberty Lofts Apartments | 2 / 2 Liberty Lofts | 2BR,1BA | $1.54 |
The Avenue apartments | Large 1 Bedroom /w Carpet | 1BR,1BA | $1.11 |
Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.13 |
Georgeanna Court | One Bedroom | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleNear South, Omaha, NE
Ranked #74
Among cities in Nebraska 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 $1,812.
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 67 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 $789 which is $1,023 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.