Cheap Homes for Rent in Underwood Avenue Neighborhood of Omaha, NE from $800 (3 Rentals)

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Search the lowest-cost Homes available for rent right now in the Underwood Avenue 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.

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.

Best Value Apartments for Rent in Underwood Avenue, NE

As of January 08, 2026 the best value apartment in the Underwood Avenue area is the $1.22 price per square foot 2 Bed, 2 Bath A Model at Roosevelt in the in the Holy Cross neighborhood starting from $1,178. 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.
Roosevelt2 Bed, 2 Bath A2BR,2BA$1.22
Gladstone ApartmentsTwo Bedroom2BR,1BA$1.26
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$1.14
Dundee Flats1 Bedroom, 1 Bathroom H1BR,1BA$1.85
MarCon Dundee Apartments4801 Underwood Ave1BR,1BA$1.43

Frequently Asked Questions about Underwood Avenue

What type of rentals are currently available in Underwood Avenue?

There are currently 55 Apartments for Rent in Underwood Avenue, NE with pricing that ranges from $735 to $1,651. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood Avenue ranging from $850 to $2,100.

What is the current price range for Rental Homes in Underwood Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Underwood Avenue ranges from $850 to $2,100 with an average monthly rent of $1,412.

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

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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.