
Cheap Apartments for Rent in the Sherman Neighborhood of Omaha, NE from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Omaha.


HELLO

Nichol Flats

Dizzy Mule

NOVA Apartments

FRAME Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Rochester Apartments

Grace Plaza Apartments

Twentieth Place

George H. Kelly House Apartments

5411 N 24th St

Cottonwood Apartments

Riverbend - Newly Renovated! Call today!
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.

Featherstone Apartments

The Bluffs

1961 Parkwild Dr, Unit 132

3510 N 9th St

Thornbury Way Apartments

Salisbury Court

Lakeside Estates
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.
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 | $1,158 | $1,015 | $1,575 |
| Sherman 1 Bedroom Apartments | $1,378 | $650 | $2,185 |
| Sherman 2 Bedroom Apartments | $1,784 | $749 | $2,880 |
| Sherman 3 Bedroom Apartments | $1,844 | $1,200 | $3,210 |
| Sherman 4 Bedroom Apartments | $889 | $679 | $1,646 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Sherman Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
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 9ines priced from $895. The Bluffs has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Sherman apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 9ines | Flyball | 1BR,1BA | $895 |
| The Bluffs | One Bedroom | 1BR,1BA | $900 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $900 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $930 |
| Nichol Flats | 1x1 B | 1BR,1BA | $999 |
Best Value Apartments for Rent in Sherman, NE
As of June 08, 2026 the best value apartment in the Sherman area is the $1.11 price per square foot 3 Bed 2 Bath Single Section Model at Lakeside Estates in the in the Sherman neighborhood starting from $1,349. The second greatest value Sherman apartment is the Pixie Model at TipTop Apartments starting at $1,720 with a $1.52 price per square foot in the Old Market 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. |
|---|---|---|---|
| Lakeside Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $1.11 |
| TipTop Apartments | Pixie | 2BR,2BA | $1.52 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.08 |
| 1819 Pinkney St, Unit 1 | 1819 Pinkney St | 1BR,1BA | $0.72 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.26 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
| The Rochester Apartments | The Storyteller | 1BR,1BA | $1.81 |
| Featherstone Apartments | One Bedroom | One Bath | 1BR,1BA | $1.33 |
| 9ines | Homerun | 1BR,1BA | $1.74 |
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 $1,230.
What is the price of a cheap apartment in Sherman?
The cheapest apartment in Sherman is 9ines which is listed at $895, while the average apartment in Sherman costs $1,855.
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 22 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 $523 which is $1,332 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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
