
Cheap Homes for Rent in Near South Neighborhood of Omaha, NE from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Near South area of Omaha.


2422-1/2 S 16th St

2233 S 20th St

1115 William St

502 William St

2711 Howard St
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.

1322 S 24th St

545 S 27th St

1113 William St

913 Forest Ave

2502 S 10th St

815 Pierce St
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.

1948 S 15th St
Near South, Omaha, NE Local Guide

How much does it cost to rent a home in Near South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South 2 Bedroom Homes for Rent | $1,736 | $1,100 | $2,500 |
| Near South 3 Bedroom Homes for Rent | $1,543 | $1,150 | $1,800 |
| Near South 4 Bedroom Homes for Rent | $1,937 | $1,600 | $2,400 |
| Near South 5 Bedroom Homes for Rent | $2,150 | $2,150 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Studio unit found at The Avenue apartments priced from $625. 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/ HW Floors | Studio,1BA | $625 |
| Westbrook Tower | Studio | Studio,1BA | $685 |
| Securities Downtown | 1BR/1.0BA | 1BR,1BA | $750 |
| Jones13 | Ford | Studio,1BA | $845 |
| The Flats on Howard | The Sterling | Studio,1BA | $875 |
Best Value Apartments for Rent in Near South, NE
As of January 30, 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 2BR/2.0BA Model at Nove Lofts starting at $1,895 with a $1.40 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 |
| Nove Lofts | 2BR/2.0BA | 2BR,2BA | $1.40 |
| The Brandeis | AC.2B.2B.B/P | 2BR,2BA | $1.28 |
| Joslyn Loft | Dodge | 2BR,2BA | $1.32 |
| Skinner Macaroni Lofts | Two Bedroom | 2BR,1BA | $1.13 |
| 1959 Jones St, Unit 1959 | 1959 Jones St | 2BR,1BA | $1.36 |
| 1415 Vinton St, Unit 1415 Vinton St. | 1415 Vinton St | 2BR,1BA | $1.15 |
| 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.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleNear South, Omaha, NE
Ranked #75
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Near South
What type of rentals are currently available in Near South?
There are currently 183 Apartments for Rent in Near South, NE with pricing that ranges from $685 to $4,434. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Near South ranging from $745 to $2,500.
What is the current price range for Rental Homes in Near South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Near South ranges from $745 to $2,500 with an average monthly rent of $1,659.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.