Cheap Homes for Rent in the Southeast Downtown Omaha Neighborhood of Omaha, NE from $500 (6 Rentals)

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Search the lowest-cost Homes 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
property at 1010 S 29th St

$795 - $895

1 To 2 Bedroom Rentals

Available Now

1010 S 29th 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

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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

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 Southeast Downtown Omaha

What type of rentals are currently available in Southeast Downtown Omaha?

There are currently 233 Apartments for Rent in Southeast Downtown Omaha, NE with pricing that ranges from $557 to $4,725. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southeast Downtown Omaha ranging from $675 to $3,500.

What is the current price range for Rental Homes in Southeast Downtown Omaha?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southeast Downtown Omaha ranges from $675 to $3,500 with an average monthly rent of $1,672.

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

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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.

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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.