Cheap Apartments for Rent in the Waverly Park Neighborhood of Omaha, NE from $400 (135 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 3825 Cuming St

$775 - $1,000

1 To 2 Bedroom Rentals

Available Now

3825 Cuming St

OmahaNE68131
close
View Me
Fairview Apartments
Rent Specials
$799 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$799 - $1,350
Total Monthly Price
$799 - $1,350
1 to 2 Bedroom Apartments Available Now

Fairview Apartments

4505 N 66th StOmaha, NE 68104
Pet Friendly
  • Verified
  • Utilities Included
  • 3D Tour

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.

Read Article

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.

Read Article
property at 2561 Izard Ct

$975 - $1,100

1 To 2 Bedroom Rentals

Available Now

2561 Izard Ct

OmahaNE68131

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.

Read Article

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.

Read Article
property at 5805 N 28th Ave

$1,260

3 Bedroom, 1 Bath Home for Rent

Available Now

5805 N 28th Ave

OmahaNE68111
close
View Me
Maple Leaf
1 Bedroom Apartments

Maple Leaf

2902 N 24th StOmaha, NE 68110
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-50, Page 1 of 3

Waverly Park, Omaha, NE Local Guide

Cheapest Available Waverly Park Apartments for Rent

 

The cheapest available apartment rental in the Waverly Park area of Omaha, NE is a 1 Bed unit found at ALANSCO 1016 N 47 Ave priced from $745. Larimore Senior Residences has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here are the most affordable Waverly Park apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Westbrook Tower1 Bedroom1BR,1BA$769
5006-08 California St1 Bedroom 1 Bathroom1BR,1BA$795
Fairview ApartmentsOne Bed1BR,1BA$799
The Gladstone! Classic but Modern 1 & 2 Bedroom Apartments in Dundee1/1 Renovated1BR,1BA$815
Blackstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$825
119 N 38th St1 B 1 B1BR,1BA$845
Benson Crest Apartments1 Bed 1 Bath1BR,1BA$850

Best Value Apartments for Rent in Waverly Park, NE

As of May 31, 2026 the best value apartment in the Waverly Park area is the $1.17 price per square foot 1BR/1.0BA Model at M34 Apartments in the in the Old Market neighborhood starting from $1,395. The second greatest value Waverly Park apartment is the Two Bed, 1.5 Bath Model at Fairview Apartments starting at $1,225 with a $1.17 price per square foot in the North Omaha neighborhood. Here is today’s list of the best values for Waverly Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
M34 Apartments1BR/1.0BA1BR,1BA$1.17
Fairview ApartmentsTwo Bed, 1.5 Bath2BR,1.5BA$1.17
4519 Hamilton St, Unit 45194519 Hamilton St1BR,1BA$0.80
4907 Capitol Ave, Unit #34907 Capitol Ave2BR,1.5BA$1.22
Benson Crest Apartments1 Bed 1 Bath1BR,1BA$1.13
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.13
38th PlaceBrown Cabinet w/ Balcony1BR,1BA$1.28
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
Westbrook Tower1 Bedroom1BR,1BA$1.18
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.19

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Waverly Park, Omaha, NE

Ranked #142

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Waverly Park, Omaha, NE

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Northeast Central Omaha, NE. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Waverly Park Apartments

What is a cheap apartment in Waverly Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Waverly Park is under $850.

What is the price of a cheap apartment in Waverly Park?

The cheapest apartment in Waverly Park is ALANSCO 1016 N 47 Ave which is listed at $745, while the average apartment in Waverly Park costs $3,640.

What types of apartments are the cheapest in Waverly Park?

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 255 regular apartments in Waverly Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Waverly Park?

Cheap apartments in Waverly Park have an average cost of $2,106 which is $1,534 cheaper than the average rent for all rentals in Waverly Park.

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.