Cheap Apartments for Rent in the Southeast Downtown Omaha Neighborhood of Omaha, NE from $500 (74 Rentals)

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

property at 4324 Marcy St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

2 Bedroom, 1 Bath Home for Rent

Available Now

4324 Marcy St

OmahaNE68105

Omaha's Best Affordable Neighborhoods

Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

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property at 601 S 38th Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 2 Bath Home for Rent

Available Now

601 S 38th Ave

OmahaNE68105

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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The Green Lodge
Studio to 1 Bedroom Apartments

The Green Lodge

3503 Jones StOmaha, NE 68105
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Angela Apartments
Studio to 1 Bedroom Apartments

Angela Apartments

3518 Dewey AveOmaha, NE 68105
  • Utilities Included
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1526 S 29th St
1 Bedroom Apartments

1526 S 29th St

1526 S 29th StOmaha, NE 68105
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Tiverton
1 Bedroom Apartments

Tiverton

3304 Jackson StOmaha, NE 68105
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Castle Court
1 to 2 Bedroom Apartments

Castle Court

3706 Jones StOmaha, NE 68105
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540 S 30th St
1 Bedroom Apartments

540 S 30th St

540 S 30th StOmaha, NE 68105

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

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.

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The Normandie
1 to 2 Bedroom Apartments

The Normandie

1102 Park AveOmaha, NE 68105
  • Utilities Included
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The Back Nine
Studio to 1 Bedroom Apartments

The Back Nine

336 S 37th StOmaha, NE 68131
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The Slip In
1 Bedroom Apartments

The Slip In

511 S 31st StOmaha, NE 68105
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The Warren
1 to 2 Bedroom Apartments

The Warren

1137 Park AveOmaha, NE 68105
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Tadousac
1 to 2 Bedroom Apartments

Tadousac

418 S 38th AveOmaha, NE 68131
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Art Deco
1 Bedroom Apartments

Art Deco

836 Park AveOmaha, NE 68105
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The Art Decos
1 Bedroom Apartments

The Art Decos

846 Park AveOmaha, NE 68105

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Cheapest Available Southeast Downtown Omaha Apartments for Rent

 

The cheapest available apartment rental in the Southeast Downtown Omaha area of Omaha, NE is a Studio unit found at Hanscom and Georgia Row Apartments priced from $557. The Back Nine has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here are the most affordable Southeast Downtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Hanscom and Georgia Row Apartments0/1 - 30%Studio,1BA$557
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$730
University Place Apartments60% AMI 1BD/1BA1BR,1BA$750
3608 Jackson Street1BR/1.0BA1BR,1BA$795
Storybook Apartments1 Beds, 1 Baths1BR,1BA$795
Park Avenue Apartments1 Bed 1 Bath1BR,1BA$800
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$825
Rachelle Apartments1 Bed, 1 bath1BR,1BA$845
The Brenton Apartments1/11BR,1BA$850

Best Value Apartments for Rent in Southeast Downtown Omaha, NE

As of August 08, 2026 the best value apartment in the Southeast Downtown Omaha area is the $1.15 price per square foot 626 S 36th St Model at 626 S 36th St, Unit Blackstone Duplex #1 in the in the Old Market neighborhood starting from $1,800. The second greatest value Southeast Downtown Omaha apartment is the 3828 Jones St Model at 3828 Jones St starting at $825 with a $1.04 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Southeast Downtown Omaha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
626 S 36th St, Unit Blackstone Duplex #1626 S 36th St3BR,2BA$1.15
3828 Jones St3828 Jones St1BR,1BA$1.04
1314 Park Ave, Unit 41314 Park Ave2BR,1BA$1.17
Harney Place ApartmentsStudio1BR,1BA$1.31
The Back Nine1 Bed, 1 Bath - 700 SF1BR,1BA$1.04
Howard Street1 Bedroom, 1 Bathroom1BR,1BA$1.18
Park Avenue Apartments1 Bed 1 Bath1BR,1BA$1.14
Rachelle Apartments1 Bed, 1 bath1BR,1BA$1.30
The Belmont Apartments1/1 Balcony1BR,1BA$1.46
The Brenton Apartments1/11BR,1BA$1.37

Frequently Asked Questions about Cheap Southeast Downtown Omaha Apartments

What is a cheap apartment in Southeast Downtown Omaha?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Downtown Omaha is under $850.

What is the price of a cheap apartment in Southeast Downtown Omaha?

The cheapest apartment in Southeast Downtown Omaha is Hanscom and Georgia Row Apartments which is listed at $572, while the average apartment in Southeast Downtown Omaha costs $1,232.

What types of apartments are the cheapest in Southeast Downtown Omaha?

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 48 regular apartments in Southeast Downtown Omaha 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 Southeast Downtown Omaha?

Cheap apartments in Southeast Downtown Omaha have an average cost of $1,167 which is $65 cheaper than the average rent for all rentals in Southeast Downtown Omaha.

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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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.

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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.