Cheap Apartments for Rent in the Old Market Neighborhood of Omaha, NE from $400 (172 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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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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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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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 Westbrook Tower priced from $685. The Avenue apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here are the most affordable Old Market apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Westbrook TowerStudioStudio,1BA$685
The Avenue apartmentsMidsize 1 Bedroom w/ Carpet1BR,1BA$715
Skinner Macaroni LoftsStudioStudio,1BA$717
The Flats on HowardThe SterlingStudio,1BA$793
Maple SecondOne Bed/One Bath | 1-11BR,1BA$800
University Place Apartments60% AMI 1BD/1BA1BR,1BA$815
Blackstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$825
Rachelle Apartments1 Bed, 1 bath1BR,1BA$825
El Dorado Apartments1 Bed, 1 bath1BR,1BA$825
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$825

Best Value Apartments for Rent in Old Market, NE

As of October 27, 2025 the best value apartment in the Old Market area is the $1.18 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,650. The second greatest value Old Market apartment is the 2BR/2.0BA Model at Nove Lofts starting at $1,650 with a $1.22 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.
The BrandeisAC.2B.2B.B/P2BR,2BA$1.18
Nove Lofts2BR/2.0BA2BR,2BA$1.22
TipTop ApartmentsBeehive2BR,2BA$1.27
M34 Apartments1BR/1.0BA1BR,1BA$1.08
L15 LoftsVintageStudio ,1BA$0.84
507 S. 36th Street2 Bed 1 Bath - Furnished2BR,1BA$1.16
Riverbend - Newly Renovated! Call today!Two Bedroom / 1 Bath2BR,1BA$1.10
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$1.18
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$1.25
Westbrook TowerStudioStudio ,1BA$1.25

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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 $825.

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 $1,995.

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 155 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 $827 which is $1,168 cheaper than the average rent for all rentals in Old Market.

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.

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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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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.