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$685 - $845Studio to 2 Bedroom Apartments Available Now
Westbrook Tower
2121 Douglas StOmaha, NE 68102
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.
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$725 - $1,145Studio to 1 Bedroom Apartments Contact Us For Availability
The Carrara on Farnam
1904 Farnam StOmaha, NE 68102
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$795 - $1,2501 to 3 Bedroom Apartments Available Now
Securities Downtown
305 S 16th StOmaha, NE 68102
2507 S 25th St
OmahaNE68105
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$825 - $1,203Studio to 2 Bedroom Apartments Available Now
Orpheum Tower
405-409 S 16th StOmaha, NE 68102
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$829 - $1,649Studio to 2 Bedroom Apartments Available Now
Old Market Lofts
1011 Jones StOmaha, NE 68102
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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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$875 - $1,525Studio to 2 Bedroom Apartments Available Now
The Flats on Howard
2211 Howard StOmaha, NE 68102
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$895 - $1,3501 to 2 Bedroom Apartments Available Now
Kensington Tower Apartments
505 S 16th StOmaha, NE 68102
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$895 - $1,7451 to 3 Bedroom Apartments Available Now
The Drake and Liberty Lofts Apartments
2116 Leavenworth StOmaha, NE 68102
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1919 Castelar St
OmahaNE68108
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$930 - $1,375Studio to 1 Bedroom Apartments Available Now
Dahlman Flats Apartments
1311 S 9th StOmaha, NE 68108
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$950 - $1,265Studio to 2 Bedroom Apartments Available Now
8 Street Apartments
801 Pacific StOmaha, NE 68108
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.
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$950 - $1,989Studio to 2 Bedroom Apartments Available Now
Little Bo Bungalows and Flats
1323 S 12th StOmaha, NE 68108
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$1,000 - $1,4001 to 3 Bedroom Apartments Contact Us For Availability
Mason School Apartment Homes
1012 S 24th StOmaha, NE 68108
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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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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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Showing Results 1-34, 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 | $1,239 | $685 | $4,434 |
| Near South 1 Bedroom Apartments | $1,364 | $735 | $3,327 |
| Near South 2 Bedroom Apartments | $1,970 | $845 | $4,099 |
| Near South 3 Bedroom Apartments | $2,178 | $1,195 | $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
- Nearby Omaha neighborhoods
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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 Studio unit found at The Avenue apartments priced from $615. Westbrook Tower has the second lowest priced unit, which is a Studio apartment currently listed from $685. 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 | Studio | Studio,1BA | $685 |
| Securities Downtown | 1BR/1.0BA | 1BR,1BA | $795 |
| The Flats on Howard | The Sterling | 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 |
| Dahlman Flats Apartments | The 556 | 1BR,1BA | $930 |
| The Brandeis | AC.1B.G | 1BR,1BA | $950 |
| 8 Street Apartments | Penne | 1BR,1BA | $955 |
Best Value Apartments for Rent in Near South, NE
As of January 03, 2026 the best value apartment in the Near South area is the $1.13 price per square foot 2 Bedroom Model at Foundry Lofts in the in the Old Market neighborhood starting from $2,250. 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. |
|---|---|---|---|
| Foundry Lofts | 2 Bedroom | 2BR,2.5BA | $1.13 |
| The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.18 |
| Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.40 |
| The Barker — Downtown Omaha at Your Doorstep | The Buck | 2BR,2BA | $1.25 |
| Old Market Lofts | 1 Bedroom 1 Bathroom with Balcony, Patio | 1BR,1BA | $0.93 |
| 1415 Vinton St, Unit 1415 Vinton St. | 1415 Vinton St | 2BR,1BA | $1.15 |
| Orpheum Tower | The Douglas | 2BR,1BA | $1.33 |
| Securities Downtown | 2BR/1.0BA | 2BR,1BA | $1.40 |
| Westbrook Tower | Studio | Studio ,1BA | $1.25 |
| The Avenue apartments | Studio w/ HW Floors | Studio ,1BA | $1.45 |
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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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 LifestyleNear South, Omaha, NE
Ranked #72
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $955.
What is the price of a cheap apartment in Near South?
The cheapest apartment in Near South is The Avenue apartments which is listed at $715, while the average apartment in Near South costs $2,150.
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 29 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 $157 which is $1,993 cheaper than the average rent for all rentals in Near South.
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
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.
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
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.