Cheap Apartments for Rent in the Underwood Avenue Neighborhood of Omaha, NE from $500 (16 Rentals)

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

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Roosevelt
Studio to 2 Bedroom Apartments

Roosevelt

4724 Davenport StOmaha, NE 68132
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Glendale
2 Bedroom Apartments

Glendale

406 N 49th StOmaha, NE 68132

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4920 Capitol Ave
1 Bedroom Apartments

4920 Capitol Ave

4920 Capitol AveOmaha, NE 68132
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Birchwood
2 Bedroom Apartments

Birchwood

4806 Dodge StOmaha, NE 68132
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The Frederick
2 Bedroom Apartments

The Frederick

4813 Underwood AveOmaha, NE 68132
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Alhambra
1 Bedroom Apartments

Alhambra

4902 Capitol AveOmaha, NE 68132

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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.

Underwood Avenue, Omaha, NE Local Guide

Cheapest Available Underwood Avenue Apartments for Rent

 

The cheapest available apartment rental in the Underwood Avenue area of Omaha, NE is a 1 Bed unit found at MarCon Dundee Apartments priced from $735. MarCon Capitol Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here are the most affordable Underwood Avenue apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
MarCon Dundee ApartmentsCalifornia - 1 Bedroom1BR,1BA$735
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$755
Gladstone ApartmentsOne Bedroom1BR,1BA$795
Dundee FlatsStudioStudio,1BA$1,092
The Frederick2BR/2.0BA2BR,2BA$1,395

Best Value Apartments for Rent in Underwood Avenue, NE

As of August 04, 2025 the best value apartment in the Underwood Avenue area is the $0.93 price per square foot One Bedroom Model at MarCon Capitol Apartments in the in the Holy Cross neighborhood starting from $755. The second greatest value Underwood Avenue apartment is the Two Bedroom Model at Gladstone Apartments starting at $995 with a $1.26 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Underwood Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$0.93
Gladstone ApartmentsTwo Bedroom2BR,1BA$1.26
Dundee FlatsStudioStudio ,1BA$1.89
MarCon Dundee Apartments4801 Underwood Ave1BR,1BA$1.41
4907 Capitol Ave, Unit 24907 Capitol AveStudio ,1BA$1.45

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Pet Friendly Lifestyle
Underwood Avenue, Omaha, NE

Ranked #150

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Getting Around the Underwood Avenue Neighborhood in Omaha, NE

Walk Score®

83 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

56 / 100

Bikeable

Some bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Underwood Avenue Apartments

How much is rent for a Cheap One Bedroom Underwood Avenue Apartment?

The lowest price for a Cheap One Bedroom Underwood Avenue Apartment is $735 at MarCon Dundee Apartments.

What is the lowest price for a Cheap Two Bedroom Underwood Avenue Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Underwood Avenue is starting from $985 at MarCon Dundee Apartments.

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.

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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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.