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

4821 Underwood Ave
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.

611 N 48th St
Underwood Avenue, Omaha, NE Local Guide

How much does it cost to rent a home in Underwood Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Underwood Avenue 3 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Underwood Avenue 4 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Underwood Avenue Neighborhood of Omaha, NE.
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Underwood Avenue, Omaha, NE Local Guide
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Best Value Apartments for Rent in Underwood Avenue, NE
As of November 14, 2025 the best value apartment in the Underwood Avenue area is the $1.26 price per square foot Two Bedroom Model at Gladstone Apartments in the in the Holy Cross neighborhood starting from $995. The second greatest value Underwood Avenue apartment is the Two Bedroom Model at MarCon Capitol Apartments starting at $835 with a $1.14 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gladstone Apartments | Two Bedroom | 2BR,1BA | $1.26 |
| MarCon Capitol Apartments | Two Bedroom | 2BR,1BA | $1.14 |
| Dundee Flats | Studio | Studio ,1BA | $1.73 |
| MarCon Dundee Apartments | California - 1 Bedroom | 1BR,1BA | $1.41 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleUnderwood Avenue, Omaha, NE
Ranked #150
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Underwood Avenue
What type of rentals are currently available in Underwood Avenue?
There are currently 56 Apartments for Rent in Underwood Avenue, NE with pricing that ranges from $735 to $1,395. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Underwood Avenue ranging from $850 to $2,250.
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 $2,250 with an average monthly rent of $1,702.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.