Cheap Apartments for Rent in the Waverly Park Neighborhood of Omaha, NE from $400 (92 Rentals)

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

property at 820 N 46th St

$749 - $795

1 Bedroom Rentals

Available Now

820 N 46th St

OmahaNE68132

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.

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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.

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property at 2563 Irving Ct

$925 - $1,095

1 To 2 Bedroom Rentals

Available Now

2563 Irving Ct

OmahaNE68131

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.

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Maple Leaf
1 Bedroom Apartments

Maple Leaf

2902 N 24th StOmaha, NE 68110
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4705 Burdette St
1 Bedroom Apartments

4705 Burdette St

4705 Burdette StOmaha, NE 68104
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Sandra Ann Apartments
1 to 3 Bedroom Apartments

Sandra Ann Apartments

5820 Erskine StOmaha, NE 68104
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J.K. Apartments
1 Bedroom Apartments

J.K. Apartments

817 N 47th StOmaha, NE 68132
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California Hills
Studio to 1 Bedroom Apartments

California Hills

612 46th StOmaha, NE 68132

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Glendale
1 to 2 Bedroom Apartments

Glendale

406 N 49th StOmaha, NE 68132
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Northampton Arms
Studio to 3 Bedroom Apartments

Northampton Arms

5615 Northampton BlvdOmaha, NE 68104
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Bedford Square
1 to 2 Bedroom Apartments

Bedford Square

4512-4518 Bedford AveOmaha, NE 68104
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220 N 32nd Ave
1 Bedroom Apartments

220 N 32nd Ave

220 N 32nd AveOmaha, NE 68131
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Benson Apartments
2 Bedroom Apartments

Benson Apartments

5140 Northwest Radial HwyOmaha, NE 68104
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Saunders School
1 to 2 Bedroom Apartments

Saunders School

415 N 41st AveOmaha, NE 68131
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Hilltop Apartments
1 to 3 Bedroom Apartments

Hilltop Apartments

1121 N 48th AveOmaha, NE 68132
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Studio unit found at Westbrook Tower priced from $685. MarCon Dundee Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $735. Here are the most affordable Waverly Park apartments for rent in Omaha, NE:

Apartment ListingModel NameBed/BathPriced From
Westbrook TowerStudioStudio,1BA$685
MarCon Dundee ApartmentsCalifornia - 1 Bedroom1BR,1BA$735
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$790
Gladstone ApartmentsOne Bedroom1BR,1BA$795
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$835
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$845
The Davenport ApartmentsStudioStudio,1BA$850
Blackstone Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
324 N 38th StStudioStudio,1BA$850

Best Value Apartments for Rent in Waverly Park, NE

As of December 31, 2025 the best value apartment in the Waverly Park area is the $1.25 price per square foot 3812 Dodge St Model at 3812 Dodge St in the in the Old Market neighborhood starting from $1,500. The second greatest value Waverly Park apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,250 with a $1.05 price per square foot in the Old Market 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.
3812 Dodge St3812 Dodge St3BR,1BA$1.25
M34 Apartments1BR/1.0BA1BR,1BA$1.05
The Melrose2BR/1.0BA2BR,1BA$0.96
320 N 40th StApt. 52BR,1BA$1.19
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.07
MarCon Capitol ApartmentsTwo Bedroom2BR,1BA$1.14
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$1.25
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$1.19
Westbrook TowerStudioStudio ,1BA$1.25

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.

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The 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.

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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.

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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.

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Pet Friendly Lifestyle
Waverly Park, Omaha, NE

Ranked #135

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 Westbrook Tower which is listed at $735, while the average apartment in Waverly Park costs $1,760.

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 60 regular apartments in Waverly Park 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

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.