Cheap Apartments for Rent in the Old Market Neighborhood of Omaha, NE from $450 (202 Rentals)

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

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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653 S 26th Ave
$800 - $1,000

Total Monthly Price

Base Rent$800 - $1,000
Total Monthly Price$800 - $1,000
Studio to 1 Bedroom Apartment Available Now

653 S 26th Ave

653 S 26th AveOmaha, NE 68105
Affordability
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 136 N 31st Ave
$850
1 Bedroom Rentals
Available Now
Affordability

136 N 31st Ave

OmahaNE68131
property at 2561 Izard Ct
$875 - $1,000
1 To 2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

2561 Izard Ct

OmahaNE68131

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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 1 Bed unit found at Hanscom and Georgia Row Apartments priced from $595. The Avenue apartments has the second lowest priced unit, which is a Studio apartment currently listed from $605. Here are the most affordable Old Market apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments1/1 - 60%1BR, 1BA$595
The Avenue apartmentsStudio w/ CarpetStudio, 1BA$605
Castle Court Apartments - MidtownStudio - Tenant Pays UtilitiesStudio, 1BA$645
1332-1334 S 30th Ave1BR/1.0BA1BR, 1BA$650
3512 Dodge Street0BR/1.0BAStudio, 1BA$650
1901 Park Ave1BD/1BA1BR, 1BA$675
The Carrara on FarnamStudio 1- 40%Studio, 1BA$685
563 S 26th Ave Apartments1BR/1.0BA1BR, 1BA$695
2917 Jackson St1BR/1.0BA1BR, 1BA$725
Jones Ansonia Apartments1BR/1.0BA1BR, 1BA$725

Best Value Apartments for Rent in Old Market, NE

As of September 21, 2026 the best value apartment in the Old Market area is the $0.79 price per square foot Two Bedroom Two Bath Model at Skinner Macaroni Lofts in the Old Market neighborhood starting from $1,613. The second greatest value Old Market apartment is the 1416 South 16th Street - 101 Model at 1416 South 16th Street in the Old Market neighborhood starting at $1,400 with a $0.93 price per square foot. 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.
Skinner Macaroni LoftsTwo Bedroom Two Bath2BR, 2BA$0.79
1416 South 16th Street1416 South 16th Street - 1012BR, 2BA$0.93
M34 Apartments1BR/1.0BA1BR, 1BA$1.08
The NewportNewport 2 Bed2BR, 1BA$1.08
Westwood Apartments2 BD2BR, 1BA$0.75
2416 S 16th St Apartments1BR/1.0BA1BR, 1BA$0.85
2917 Jackson St1BR/1.0BA1BR, 1BA$0.85
The Back Nine1 Bed, 1 Bath - 700 SF1BR, 1BA$1.04
1332-1334 S 30th Ave1BR/1.0BA1BR, 1BA$0.93
1901 Park Ave1BD/1BA1BR, 1BA$1.04

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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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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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 $725.

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

The cheapest apartment in Old Market is Hanscom and Georgia Row Apartments which is listed at $595, while the average apartment in Old Market costs $1,265.

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 175 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 $385 which is $880 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

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha

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Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.