Cheap Apartments for Rent in the Southeast Downtown Omaha Neighborhood of Omaha, NE from $500 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
The Green Lodge
Studio to 1 Bedroom Apartments

The Green Lodge

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

Angela Apartments

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

1526 S 29th St

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

Tiverton

3304 Jackson StOmaha, NE 68105

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.

close
View Me
1305 S 32nd Street
1 Bedroom Apartments

1305 S 32nd Street

1305 S 32nd StOmaha, NE 68105
Corporate Housing
close
View Me
The Normandie
1 to 2 Bedroom Apartments

The Normandie

1102 Park AveOmaha, NE 68105
  • Utilities Included
close
View Me
The Slip In
1 Bedroom Apartments

The Slip In

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

The Warren

1137 Park AveOmaha, NE 68105
  • Utilities Included

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

close
View Me
Art Deco
1 Bedroom Apartments

Art Deco

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

The Art Decos

846 Park AveOmaha, NE 68105
close
View Me
Midtown Court
Studio to 2 Bedroom Apartments

Midtown Court

504 S 35th AveOmaha, NE 68105
close
View Me
Rubin 14
2 Bedroom Apartments

Rubin 14

632 S 38th StOmaha, NE 68105
  • Utilities Included
close
View Me
Tadousac
1 to 2 Bedroom Apartments

Tadousac

418 S 38th AveOmaha, NE 68131
  • Utilities Included

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.

close
View Me
Castle Court
1 to 2 Bedroom Apartments

Castle Court

3706 Jones StOmaha, NE 68105
close
View Me
Barlee Apartments
Studio to 2 Bedroom Apartments

Barlee Apartments

528 S 29th StOmaha, NE 68105
  • Utilities Included
close
View Me
St. Regis Apartments
1 to 2 Bedroom Apartments

St. Regis Apartments

617 S 37th StOmaha, NE 68105
  • Utilities Included
close
View Me
The Madison
1 to 2 Bedroom Apartments

The Madison

515 S 31st StOmaha, NE 68105

Southeast Downtown Omaha, Omaha, NE Local Guide

Cheapest Available Southeast Downtown Omaha Apartments for Rent

 

The cheapest available apartment rental in the Southeast Downtown Omaha area of Omaha, NE is a 1 Bed unit found at 1305 S 32nd Street priced from $710. Rachelle Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable Southeast Downtown Omaha apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
1305 S 32nd Street1 Bedroom 1 Bathroom1BR,1BA$710
Rachelle Apartments1 Bed, 1 bath1BR,1BA$825
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$825
Hanscom and Georgia Row Apartments1/1 - 60%1BR,1BA$845
University RowOne Bedroom - 60% AMI1BR,1BA$895
Tadousac1 Bed, 1 Bath - Dining Room1BR,1BA$895
Urban Village MidtownGreen Lodge - One Bedroom1BR,1BA$895
Digs on Park AveStudioStudio,1BA$899
The Belmont1/11BR,1BA$925
The Brenton1/11BR,1BA$925

Best Value Apartments for Rent in Southeast Downtown Omaha, NE

As of September 18, 2025 the best value apartment in the Southeast Downtown Omaha area is the $1.44 price per square foot B1 Model at Triangle Apartments in the in the Old Market neighborhood starting from $1,695. The second greatest value Southeast Downtown Omaha apartment is the 2 Bed, 1 Bath - 860 SF Model at Tadousac starting at $1,136 with a $1.32 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.
Triangle ApartmentsB12BR,2BA$1.44
Tadousac2 Bed, 1 Bath - 860 SF2BR,1BA$1.32
Howard Street2 Bedrooms, 1 Bathroom2BR,1BA$1.25
The Sycamore1BR/1.0BA1BR,1BA$1.50
Fleetwood Apartments1 Bed, 1 bath1BR,1BA$1.18
Rachelle Apartments1 Bed, 1 bath1BR,1BA$1.27
University Villas80% AMI 1 Bed/1 Bath1BR,1BA$1.45
The Belmont1/1 Balcony1BR,1BA$1.48
University Place Apartments1BR/1.0BA1BR,1BA$1.51
The Brenton1/11BR,1BA$1.49

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Southeast Downtown Omaha, Omaha, NE

Ranked #146

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Getting Around the Southeast Downtown Omaha Neighborhood in Omaha, NE

Walk Score®

78 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

74 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

41 / 100

Some Transit

A few nearby public transportation options

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 $925.

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

The cheapest apartment in Southeast Downtown Omaha is 1305 S 32nd Street which is listed at $710, while the average apartment in Southeast Downtown Omaha costs $2,195.

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 11 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 $373 which is $1,822 cheaper than the average rent for all rentals in Southeast Downtown Omaha.

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.

decorative image for Exploring Omaha’s Best Affordable Neighborhoods: Finding Your Perfect Fit in the Heart of the Midwest article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.