Cheap Apartments for Rent in the Old Market Neighborhood of Omaha, NE from $400 (167 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Market area of Omaha.

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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Cash 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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property at 2563 Irving Ct

2563 Irving Ct

OmahaNE68131

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

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Old Market, Omaha, NE Local Guide

Cheapest Available Old Market Apartments for Rent

 

The cheapest available apartment rental in the Old Market 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 Old Market apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
The Avenue apartmentsStudio w/ HW FloorsStudio,1BA$625
Westbrook TowerStudioStudio,1BA$685
1305 S 32nd Street1 Bed 1 Bath1BR,1BA$725
Westwood Apartments2 BD2BR,1BA$785
3608 Jackson Street1BR/1.0BA1BR,1BA$795
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$795
Securities Downtown1BR/1.0BA1BR,1BA$795
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
University Place Apartments60% AMI 1BD/1BA1BR,1BA$815
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$845

Best Value Apartments for Rent in Old Market, NE

As of December 12, 2025 the best value apartment in the Old Market 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 Old Market 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 Old Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Foundry Lofts2 Bedroom2BR,2.5BA$1.13
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Skinner Macaroni LoftsTwo Bedroom Two Bath2BR,2BA$1.12
Old Market Lofts2 Bedroom 2 Bathroom2BR,2BA$0.99
M34 Apartments1BR/1.0BA1BR,1BA$1.05
The Melrose2BR/1.0BA2BR,1BA$0.96
Westwood Apartments2 BD2BR,1BA$0.75
507 S. 36th Street2 Bed 1 Bath - Furnished2BR,1BA$1.16
Cottonwood Apartments2X1S2BR,1BA$1.15
Riverbend - Newly Renovated! Call today!Two Bedroom / 1 Bath2BR,1BA$1.10

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.

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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.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States and customized analysis for Central Omaha, NE. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, places that make kids happy, raising pets, transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Old Market Neighborhood in Omaha, NE

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

50 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old Market Apartments

What is a cheap apartment in Old Market?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old Market is under $845.

What is the price of a cheap apartment in Old Market?

The cheapest apartment in Old Market is The Avenue apartments which is listed at $715, while the average apartment in Old Market costs $1,925.

What types of apartments are the cheapest in Old Market?

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 153 regular apartments in Old Market 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 Old Market?

Cheap apartments in Old Market have an average cost of $450 which is $1,475 cheaper than the average rent for all rentals in Old Market.

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 Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest article

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!