
Cheap Apartments for Rent in the Sherman Neighborhood of Omaha, NE from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Sherman area of Omaha.


9ines

HELLO

NOVA Apartments

The Rochester Apartments

Nichol Flats
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.

Dizzy Mule

TipTop Apartments

Grace Plaza Apartments

Twentieth Place

George H. Kelly House Apartments

3708 N 19th St
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.

Cottonwood Apartments

Riverbend - Newly Renovated! Call today!

Featherstone Apartments

The Bluffs

1961 Parkwild Dr, Unit 132

3510 N 9th St
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.

3510 N 9th St

3510 N 9th St

3510 N 9th St

Thornbury Way Apartments

Salisbury Court

Lakeside Estates
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.

3510 N 9th St

1114 Hiatt St
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 | $1,142 | $950 | $1,790 |
| Sherman 1 Bedroom Apartments | $1,310 | $725 | $2,220 |
| Sherman 2 Bedroom Apartments | $1,581 | $749 | $3,380 |
| Sherman 3 Bedroom Apartments | $1,980 | $1,200 | $3,075 |
| Sherman 4 Bedroom Apartments | $861 | $649 | $1,646 |
Browse Apartments in this Neighborhood
There are currently 26 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 Featherstone Apartments priced from $900. Riverbend - Newly Renovated! Call today! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. 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 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $930 |
| 9ines | Homerun | 1BR,1BA | $950 |
| The Bluffs | Two Bedroom 2nd Floor | 2BR,1BA | $970 |
| HELLO | Ola | 1BR,1BA | $995 |
| Cottonwood Apartments | 2X1S | 2BR,1BA | $999 |
| The Rochester Apartments | The Weaver | 1BR,1BA | $1,085 |
| Nichol Flats | 1x1 B | 1BR,1BA | $1,099 |
| Dizzy Mule | Drip | Studio,1BA | $1,165 |
Best Value Apartments for Rent in Sherman, NE
As of April 24, 2026 the best value apartment in the Sherman area is the $1.48 price per square foot Betty Model at TipTop Apartments in the in the Old Market neighborhood starting from $1,950. The second greatest value Sherman apartment is the 2X1S Model at Cottonwood Apartments starting at $999 with a $1.07 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. |
|---|---|---|---|
| TipTop Apartments | Betty | 2BR,2BA | $1.48 |
| Cottonwood Apartments | 2X1S | 2BR,1BA | $1.07 |
| The Bluffs | Two Bedroom 2nd Floor | 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 | $1.43 |
| Nichol Flats | 1x1 A | 1BR,1BA | $1.33 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| HELLO | Salve | 1BR,1BA | $1.79 |
| 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 $1,165.
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 $1,935.
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 25 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 $757 which is $1,178 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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.