
Cheap Apartments for Rent in the South Elkhorn Neighborhood of Omaha, NE from $1,000 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Elkhorn area of Omaha.


The Trails at North Streams

Live Hawthorne

Broadmoor Hills

Breckenridge Apartments

Cambridge Villas
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 Village on the Preserve

Grand Legacy

Edge 204

Greenfield

VUE174

VUE178
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.

Tradition by Broadmoor

Legacy Flats

Dalmore Apartments

Legacy Commons

Autumn Grove Apartments

Fifty575 Coventry
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.

Trade Winds Apartment Homes

The Abacus

The Winston at Five Fountains

The Bungalows on 204

Sundance Omaha

Ravello 192 & Ravello ll
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.

Aerie Blue Sage

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 | $1,243 | $1,045 | $1,408 |
| South Elkhorn 1 Bedroom Apartments | $1,429 | $1,020 | $2,048 |
| South Elkhorn 2 Bedroom Apartments | $1,954 | $1,076 | $2,875 |
| South Elkhorn 3 Bedroom Apartments | $2,733 | $1,586 | $3,570 |
| South Elkhorn 4 Bedroom Apartments | $3,460 | $3,393 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 26 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Trails at North Streams | Standing Bear | Studio,1BA | $1,045 |
| Fifty575 Coventry | A2 | 1BR,1BA | $1,071 |
| Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,140 |
| The Abacus | S2 | Studio,1BA | $1,160 |
| The Bungalows on 204 | A766 | 1BR,1BA | $1,195 |
| Dalmore Apartments | Julep | 1BR,1BA | $1,195 |
| Breckenridge Apartments | A3 | 1BR,1BA | $1,200 |
| Greenfield | A1 | 1BR,1BA | $1,260 |
| Legacy Commons | 1 Bedroom | 1BR,1BA | $1,275 |
| Edge 204 | Gifford | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village on the Preserve | Dogwood | 2BR,2BA | $1.39 |
| Dalmore Apartments | Brooklyn | 3BR,2BA | $1.61 |
| VUE178 | 2 Bedroom, 2 Bathroom - 1117 SF | 2BR,2BA | $1.50 |
| Live Hawthorne | Barberry | 2BR,2BA | $1.42 |
| Legacy Flats | Brock | 1BR,1BA | $1.44 |
| 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 | $1.68 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.45 |
| Breckenridge Apartments | A3 | 1BR,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

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.

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.

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.

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.