
Cheap Apartments for Rent in the Wakonda Neighborhood of Omaha, NE from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the Wakonda area of Omaha.


Benson Lights

Residences at Sorensen Square

Avidian

Maple Leaf

Hillside Park Apartments

4114 N 48th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Pratt Street Apartments

4502 N 49th St

4821 Boyd

2405 Evans St

4803 Boyd St

3525 Evans St

Northampton Arms
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.

Steelcrest Apartments

30 Metro Apartments

The State

Prairie Spring Apartments

Lindenwood Court Apartments

6506 Boyd St

Bedford Square
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.

Immanuel Village

Cypress Pointe

3344-3348 Larimore Ave

Brewer Apartments

Silverado Apartments

4825 Ames Ave

4813 Boyd
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.
Wakonda, Omaha, NE Local Guide

How much does it cost to rent an apartment in Wakonda?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakonda Studio Apartments | $1,066 | $1,040 | $1,100 |
| Wakonda 1 Bedroom Apartments | $835 | $745 | $1,344 |
| Wakonda 2 Bedroom Apartments | $1,414 | $850 | $1,700 |
Browse Apartments in this Neighborhood
There are currently 28 rentals with your search options within a 2 mile radius of the Wakonda Neighborhood of Omaha, NE.
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Wakonda, Omaha, NE Local Guide
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Cheapest Available Wakonda Apartments for Rent
 The cheapest available apartment rental in the Wakonda area of Omaha, NE is a 1 Bed unit found at Residences at Sorensen Square priced from $750. Larimore Senior Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Wakonda apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Fairview Apartments | One Bed | 1BR,1BA | $799 |
| Florence | 2/1 | 2BR,1BA | $925 |
| The Mill | 0 Bedroom, 1 Bathroom - 539 SF B | Studio,1BA | $1,040 |
| Benson Lights | The Porter | 2BR,2BA | $1,700 |
Best Value Apartments for Rent in Wakonda, NE
As of June 12, 2026 the best value apartment in the Wakonda area is the $1.17 price per square foot Two Bed, 1.5 Bath Model at Fairview Apartments in the in the North Omaha neighborhood starting from $1,225. The second greatest value Wakonda apartment is the The Porter Model at Benson Lights starting at $1,700 with a $1.71 price per square foot in the North Omaha neighborhood. Here is today’s list of the best values for Wakonda apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| Benson Lights | The Porter | 2BR,2BA | $1.71 |
| 4314 N 52nd St | 3 Beds, 1 Baths | 3BR,1BA | $1.21 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Florence | 2/1 | 2BR,1BA | $1.48 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $1.25 |
| Benson Commons | 2 Bedroom | 2BR,1BA | $1.84 |
| The Mill | 0 Bedroom, 1 Bathroom - 515 SF A | Studio ,1BA | $2.14 |
Don'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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Best Local Schools in Wakonda, Omaha, NE
School data provided by Great Schools
Frequently Asked Questions about Cheap Wakonda Apartments
What is the price of a cheap apartment in Wakonda?
The cheapest apartment in Wakonda is Residences at Sorensen Square which is listed at $750, while the average apartment in Wakonda costs $1,599.
What types of apartments are the cheapest in Wakonda?
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 20 regular apartments in Wakonda that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.