
Cheap Apartments for Rent in the South Elkhorn Neighborhood of Omaha, NE from $1,100 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Elkhorn area of Omaha.


Live Hawthorne

Broadmoor Hills

Cambridge Villas

The Village on the Preserve

Foxboro Apartments

The Trails at North Streams

Greenfield
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

Edge 204

VUE178

Grand Legacy

VUE174

Legacy Flats

Tradition by Broadmoor

Lakeside Hills

Copperfields Court
Rent According to Income: A Look at Income-Restricted Rentals
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Legacy Commons

Autumn Grove Apartments

Orchard Village

2012 S 160th St

Pacific Spring Village

4413 S 176th Ave

Fifty575 Coventry

Trade Winds Apartment Homes
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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.

The Abacus

The Bungalows on 204

Sundance Omaha

The Winston at Five Fountains

Aerie Blue Sage

Total Monthly Price
Bungalows at Whitehawk Lake

Ravello 192 & Ravello ll

Total Monthly Price
The Collection at Elkhorn
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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.

The Beckham
South Elkhorn, Omaha, NE Local Guide

How much does it cost to rent an apartment in South Elkhorn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Elkhorn Studio Apartments | $1,253 | $1,140 | $1,395 |
| South Elkhorn 1 Bedroom Apartments | $1,438 | $1,135 | $2,068 |
| South Elkhorn 2 Bedroom Apartments | $1,928 | $1,287 | $2,875 |
| South Elkhorn 3 Bedroom Apartments | $2,637 | $1,695 | $3,450 |
| South Elkhorn 4 Bedroom Apartments | $3,393 | $3,393 | $3,393 |
Browse Apartments in this Neighborhood
There are currently 33 rentals with your search options within a 2 mile radius of the South Elkhorn Neighborhood of Omaha, NE.
See all Apartments in OmahaExplore Omaha
Cheapest Available South Elkhorn Apartments for Rent
 The cheapest available apartment rental in the South Elkhorn area of Omaha, NE is a 1 Bed unit found at Breckenridge Apartments priced from $1,135. Trade Winds Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,140. Here are the most affordable South Elkhorn apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Breckenridge Apartments | A3 | 1BR,1BA | $1,135 |
| Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,140 |
| The Abacus | S2 | Studio,1BA | $1,160 |
| The Village on the Preserve | Oak | 1BR,1BA | $1,170 |
| The Trails at North Streams | Standing Bear | Studio,1BA | $1,175 |
| Fifty575 Coventry | A1 | 1BR,1BA | $1,177 |
| The Bungalows on 204 | A766 | 1BR,1BA | $1,195 |
| Broadmoor Hills | Windsor | 1BR,1BA | $1,220 |
| Edge 204 | Little Italy | Studio,1BA | $1,255 |
| VUE178 | 1 Bedroom, 1 Bathroom - 767 SF | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in South Elkhorn, NE
As of August 08, 2026 the best value apartment in the South Elkhorn area is the $1.42 price per square foot Castlebrook Model at Cambridge Villas in the in the Northeast Outer Elkhorn neighborhood starting from $2,292. The second greatest value South Elkhorn apartment is the Chalet Model at Ravello 192 & Ravello ll starting at $1,693 with a $1.62 price per square foot in the Elkhorn neighborhood. Here is today’s list of the best values for South Elkhorn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cambridge Villas | Castlebrook | 3BR,2BA | $1.42 |
| Ravello 192 & Ravello ll | Chalet | 2BR,2BA | $1.62 |
| The Bungalows on 204 | A972 *Attached Garage w/Select Units | 1BR,1BA | $1.64 |
| Tradition by Broadmoor | Wingate | 1BR,1BA | $1.64 |
| Autumn Grove Apartments | The Willow | 1BR,1BA | $1.57 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.45 |
| Legacy Commons | 1 Bedroom | 1BR,1BA | $1.53 |
| Breckenridge Apartments | A2 | 1BR,1BA | $1.57 |
| Greenfield | A2R | 1BR,1BA | $1.80 |
| The Village on the Preserve | Oak | 1BR,1BA | $1.78 |
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 $1,275.
What is the price of a cheap apartment in South Elkhorn?
The cheapest apartment in South Elkhorn is Breckenridge Apartments which is listed at $1,135, while the average apartment in South Elkhorn costs $1,670.
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 19 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 $195 which is $1,475 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

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha
Written by: Darla Ferrara
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.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.