
Cheap Apartments for Rent in the South Elkhorn Neighborhood of Omaha, NE from $1,000 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Elkhorn area of Omaha.


Breckenridge Apartments

The Village on the Preserve

Greenfield

Live Hawthorne

Broadmoor Hills
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Cambridge Villas

The Trails at North Streams

Edge 204

Grand Legacy

VUE178

Legacy Flats
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

Dalmore Apartments

Legacy Commons

Autumn Grove Apartments

Fifty575 Coventry

Trade Winds Apartment Homes
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.

The Abacus

The Bungalows on 204

The Winston at Five Fountains

Sundance Omaha

Ravello 192 & Ravello ll

Aerie Blue Sage
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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.

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 | $1,246 | $1,175 | $1,619 |
| South Elkhorn 1 Bedroom Apartments | $1,413 | $1,020 | $2,171 |
| South Elkhorn 2 Bedroom Apartments | $1,863 | $1,242 | $2,875 |
| South Elkhorn 3 Bedroom Apartments | $2,614 | $1,628 | $3,320 |
| South Elkhorn 4 Bedroom Apartments | $3,547 | $3,385 | $3,750 |
Browse Apartments in this Neighborhood
There are currently 25 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 Foxboro Apartments priced from $1,020. 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 Apartments | 1BD | 1BR,1BA | $1,020 |
| The Village on the Preserve | Oak | 1BR,1BA | $1,070 |
| Greenfield | A1 | 1BR,1BA | $1,105 |
| Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,140 |
| The Trails at North Streams | Standing Bear | Studio,1BA | $1,175 |
Best Value Apartments for Rent in South Elkhorn, NE
As of May 07, 2026 the best value apartment in the South Elkhorn area is the $1.23 price per square foot Newcastle Model at Cambridge Villas in the in the Pacific Meadows neighborhood starting from $2,200. The second greatest value South Elkhorn apartment is the The Tahoe Model at Lakeside Hills starting at $1,850 with a $1.33 price per square foot in the Pacific Meadows 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 | Newcastle | 3BR,3BA | $1.23 |
| Lakeside Hills | The Tahoe | 2BR,2BA | $1.33 |
| Live Hawthorne | Cherry | 2BR,2BA | $1.47 |
| Legacy Flats | Finn | 2BR,2BA | $1.42 |
| Dalmore Apartments | Brooklyn | 3BR,2BA | $1.61 |
| Breckenridge Apartments | B2 | 2BR,2BA | $1.46 |
| Tradition by Broadmoor | Wingate | 1BR,1BA | $1.61 |
| Autumn Grove Apartments | The Willow | 1BR,1BA | $1.54 |
| Foxboro Apartments | 1BD | 1BR,1BA | $1.21 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.45 |
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 $1,195.
What is the price of a cheap apartment in South Elkhorn?
The cheapest apartment in South Elkhorn is Foxboro Apartments which is listed at $1,020, while the average apartment in South Elkhorn costs $3,385.
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 13 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 $230 which is $3,155 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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.