Cheap Apartments for Rent in the South Elkhorn Neighborhood of Omaha, NE from $1,000 (26 Rentals)

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

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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.

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Dalmore Apartments
1 to 3 Bedroom Apartments

Dalmore Apartments

1303-1403 S 203rd StOmaha, NE 68130
  • Utilities Included
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Legacy Commons
Studio to 3 Bedroom Apartments

Legacy Commons

17011 Wright PlzOmaha, NE 68130

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The Beckham
1 to 2 Bedroom Apartments

The Beckham

19009 Marcy StElkhorn, NE 68022

Cheapest Available South Elkhorn Apartments for Rent

 

The cheapest available apartment rental in the South Elkhorn area of Omaha, NE is a Studio unit found at The Trails at North Streams priced from $1,045. Fifty575 Coventry has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,071. Here are the most affordable South Elkhorn apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
The Trails at North StreamsStanding BearStudio,1BA$1,045
Fifty575 CoventryA21BR,1BA$1,071
Trade Winds Apartment HomesOne Bedroom1BR,1BA$1,140
The AbacusS2Studio,1BA$1,160
The Bungalows on 204A7661BR,1BA$1,195
Dalmore ApartmentsJulep1BR,1BA$1,195
Breckenridge ApartmentsA31BR,1BA$1,200
GreenfieldA11BR,1BA$1,260
Legacy Commons1 Bedroom1BR,1BA$1,275
Edge 204Gifford1BR,1BA$1,315

Best Value Apartments for Rent in South Elkhorn, NE

As of June 22, 2026 the best value apartment in the South Elkhorn area is the $1.39 price per square foot Dogwood Model at The Village on the Preserve in the in the Pacific Meadows neighborhood starting from $1,675. The second greatest value South Elkhorn apartment is the Brooklyn Model at Dalmore Apartments starting at $1,803 with a $1.61 price per square foot in the Northeast Outer Elkhorn neighborhood. Here is today’s list of the best values for South Elkhorn apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village on the PreserveDogwood2BR,2BA$1.39
Dalmore ApartmentsBrooklyn3BR,2BA$1.61
VUE1782 Bedroom, 2 Bathroom - 1117 SF2BR,2BA$1.50
Live HawthorneBarberry2BR,2BA$1.42
Legacy FlatsBrock1BR,1BA$1.44
The Bungalows on 204A972 *Attached Garage w/Select Units1BR,1BA$1.64
Tradition by BroadmoorWingate1BR,1BA$1.64
Autumn Grove ApartmentsThe Willow1BR,1BA$1.68
Trade Winds Apartment HomesOne Bedroom End1BR,1BA$1.45
Breckenridge ApartmentsA31BR,1BA$1.64

Frequently Asked Questions about Cheap South Elkhorn Apartments

What is a cheap apartment in South Elkhorn?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Elkhorn is under $1,315.

What is the price of a cheap apartment in South Elkhorn?

The cheapest apartment in South Elkhorn is Fifty575 Coventry which is listed at $1,071, while the average apartment in South Elkhorn costs $3,393.

What types of apartments are the cheapest in South Elkhorn?

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 9 regular apartments in South Elkhorn 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 South Elkhorn?

Cheap apartments in South Elkhorn have an average cost of $207 which is $3,186 cheaper than the average rent for all rentals in South Elkhorn.

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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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 Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.