
Cheap Apartments for Rent in the Sherman Neighborhood of Omaha, NE from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Omaha.


Grace Plaza Apartments

Twentieth Place

Cottonwood Apartments
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Riverbend - Newly Renovated! Call today!

Featherstone Apartments

2065 Nash Blvd

Thornbury Way Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Salisbury Court
Sherman, Omaha, NE Local Guide

How much does it cost to rent an apartment in Sherman?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sherman Studio Apartments | $1,096 | $950 | $1,600 |
| Sherman 1 Bedroom Apartments | $1,167 | $725 | $2,550 |
| Sherman 2 Bedroom Apartments | $1,365 | $749 | $2,720 |
| Sherman 3 Bedroom Apartments | $1,413 | $1,200 | $1,900 |
| Sherman 4 Bedroom Apartments | $853 | $639 | $1,646 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Omaha, NE.
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Cheapest Available Sherman Apartments for Rent
 The cheapest available apartment rental in the Sherman area of Omaha, NE is a 1 Bed unit found at Featherstone Apartments priced from $900. The Bluffs has the second lowest priced unit, which is a 2 Beds apartment currently listed from $970. Here are the most affordable Sherman apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $900 |
| The Bluffs | Two Bedroom 2nd Floor | 2BR,1BA | $970 |
| Cottonwood Apartments | 2X1S | 2BR,1BA | $970 |
Best Value Apartments for Rent in Sherman, NE
As of January 23, 2026 the best value apartment in the Sherman area is the $1.72 price per square foot August Model at TipTop Apartments in the in the Old Market neighborhood starting from $2,055. The second greatest value Sherman apartment is the Townhome Model at The Bluffs starting at $1,075 with a $1.12 price per square foot in the Sherman neighborhood. Here is today’s list of the best values for Sherman apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| TipTop Apartments | August | 2BR,2BA | $1.72 |
| The Bluffs | Townhome | 2BR,1.5BA | $1.12 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.05 |
| 1819 Pinkney St, Unit 1 | 1819 Pinkney St | 1BR,1BA | $0.81 |
| Lakeside Estates | 2 Bed 1 Bath Single Section | 2BR,1BA | $1.28 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.26 |
| HELLO | Hola | 1BR,1BA | $1.77 |
| The Rochester Apartments | The Storyteller | 1BR,1BA | $1.64 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $1.33 |
| Dizzy Mule | 1BR,1BA | $1.90 |
Frequently Asked Questions about Cheap Sherman Apartments
What is a cheap apartment in Sherman?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Sherman is under $1,501.
What is the price of a cheap apartment in Sherman?
The cheapest apartment in Sherman is Featherstone Apartments which is listed at $900, while the average apartment in Sherman costs $1,277.
What types of apartments are the cheapest in Sherman?
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 31 regular apartments in Sherman 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 Sherman?
Cheap apartments in Sherman have an average cost of $837 which is $440 cheaper than the average rent for all rentals in Sherman.
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.