Cheap Apartments for Rent in the South Elkhorn Neighborhood of Omaha, NE from $1,000 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Elkhorn area of Omaha.

The Village on the Preserve

The Trails at North Streams
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Fifty575 Coventry

The Bungalows on 204

Trade Winds Apartment Homes

The Abacus

Ravello 192 & Ravello ll

Sundance Omaha
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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 | $1,195 | $1,089 | $1,484 |
South Elkhorn 1 Bedroom Apartments | $1,420 | $1,050 | $2,001 |
South Elkhorn 2 Bedroom Apartments | $1,891 | $1,365 | $2,875 |
South Elkhorn 3 Bedroom Apartments | $2,468 | $1,800 | $3,300 |
South Elkhorn 4 Bedroom Apartments | $3,700 | $3,700 | $3,700 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the South Elkhorn Neighborhood of Omaha, NE.
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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 Foxboro Apartment Homes priced from $1,050. The Village on the Preserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,070. Here are the most affordable South Elkhorn apartments for rent in Omaha, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxboro Apartment Homes | 15567 Adams Street #102 | 1BR,1BA | $1,050 |
The Village on the Preserve | Oak | 1BR,1BA | $1,070 |
The Bungalows on 204 | A766 | 1BR,1BA | $1,095 |
The Trails at North Streams | Standing Bear | Studio,1BA | $1,099 |
Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,112 |
Best Value Apartments for Rent in South Elkhorn, NE
As of August 04, 2025 the best value apartment in the South Elkhorn area is the $1.22 price per square foot The Champlain Model at Lakeside Hills in the in the Oakbrook Meadows Altech neighborhood starting from $1,895. The second greatest value South Elkhorn apartment is the Grayson Model at Legacy Flats starting at $1,795 with a $1.33 price per square foot in the Oakbrook Meadows Altech 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. |
---|---|---|---|
Lakeside Hills | The Champlain | 2BR,2BA | $1.22 |
Legacy Flats | Grayson | 2BR,2BA | $1.33 |
Cambridge Villas | The Pine | 2BR,2BA | $1.46 |
Dalmore Apartments | Toronto | 2BR,2BA | $1.45 |
Grand Legacy | Summit (Flat) | 2BR,2BA | $1.54 |
The Bungalows on 204 | A972 *Attached Garage w/Select Units | 1BR,1BA | $1.54 |
Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.42 |
Foxboro Apartment Homes | 15567 Adams Street #102 | 1BR,1BA | $1.25 |
Live Hawthorne | Sage | 1BR,1BA | $1.60 |
The Village on the Preserve | Oak | 1BR,1BA | $1.62 |
Getting Around the South Elkhorn Neighborhood in Omaha, NE
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
6 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,260.
What is the price of a cheap apartment in South Elkhorn?
The cheapest apartment in South Elkhorn is Foxboro Apartment Homes which is listed at $1,050, while the average apartment in South Elkhorn costs $3,700.
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 5 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 $222 which is $3,478 cheaper than the average rent for all rentals in South Elkhorn.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest
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Written by: Cheryl Bowman
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