
Cheap Apartments for Rent in the Waverly Park Neighborhood of Omaha, NE from $450 (143 Rentals)
Search the lowest-cost Apartments available for rent right now in the Waverly Park area of Omaha.


Westbrook Tower

Larimore Senior Residences

5006-08 California St

Blackstone Apartments

30 Metro Apartments

Wakeley Pointe Apartments

Rose Manor Apartments

6704 Binney St
Omaha's Best Affordable Neighborhoods
Learn about Omaha and the best places to live with original content written by our Local Expert Darla Ferrara

2613 Nicholas Ct

317 N 31st Ave

2202 Wirt St

2561 Izard Ct

2575 Nicholas Ct

The Traveler Apartments

Turner Park Apartments

The Austin at Midtown

128 N 40th St

Colonial Hotel Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

121 N 38th Ave, Unit 1

2557 Nicholas Ct

2569 Nicholas Ct

121 N 36th St

The Atlas

133 S 38th St

Dundee Flats

Capitol Rows

4339 Wakeley St

Benson Lights
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

125 N 38th St

2609 Irving Ct

2605 Izard Ct

The Mill

The Highline

The Duke Omaha

2611 Izard Ct

2555 Izard Ct

2619 Nicholas Ct

2569 Irving Ct
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

4124 Davenport St

2575 Irving Ct

Blackstone Corner

2623 Izard Ct

2610 N 60th St

5621 N 29th St

2563 Irving Ct

4005 Hartman Cir, Unit 4

4074 Spencer St

6020 Birch St, Unit 3
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.
Waverly Park, Omaha, NE Local Guide

How much does it cost to rent an apartment in Waverly Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Park Studio Apartments | $1,108 | $729 | $1,425 |
| Waverly Park 1 Bedroom Apartments | $1,319 | $725 | $10,000+ |
| Waverly Park 2 Bedroom Apartments | $1,629 | $850 | $2,450 |
| Waverly Park 3 Bedroom Apartments | $1,808 | $1,550 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 143 rentals with your search options within a 2 mile radius of the Waverly Park Neighborhood of Omaha, NE.
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Waverly Park, Omaha, NE Local Guide
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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 4815 Ames Ave priced from $600. 3512 Dodge Street has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here are the most affordable Waverly Park apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4815 Ames Ave | 1BR/1.0BA | 1BR,1BA | $600 |
| 3512 Dodge Street | 0BR/1.0BA | Studio,1BA | $650 |
| Westbrook Tower | Studio | Studio,1BA | $729 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Cuming St Apartments | 1 Bed 1 Bath | 1BR,1BA | $775 |
| 3130 Chicago St | 1BR/1.0BA | 1BR,1BA | $775 |
| Gladstone Apartments | 1/1 Renovated Garden | 1BR,1BA | $785 |
| 5006-08 California St | 1 Bedroom 1 Bathroom | 1BR,1BA | $795 |
| Blackstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $800 |
| Rose Manor Apartments | 1BR/1.0BA | 1BR,1BA | $845 |
Best Value Apartments for Rent in Waverly Park, NE
As of September 05, 2026 the best value apartment in the Waverly Park area is the $1.07 price per square foot Dodge St Model at 3804 Dodge St in the in the Old Market neighborhood starting from $1,600. The second greatest value Waverly Park apartment is the 2 bedroom / 1 bath - Standard TT Pays Util. Model at Buckingham Manor Apartments- Dundee starting at $1,195 with a $0.96 price per square foot in the Holy Cross neighborhood. Here is today’s list of the best values for Waverly Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3804 Dodge St | Dodge St | 3BR,2BA | $1.07 |
| Buckingham Manor Apartments- Dundee | 2 bedroom / 1 bath - Standard TT Pays Util. | 2BR,1BA | $0.96 |
| M34 Apartments | 1BR/1.0BA | 1BR,1BA | $1.08 |
| Greenspan Apartments - Schwalb Realty | 2 Bedroom w/Balcony | 2BR,2BA | $1.02 |
| Benson Crest Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
| 38th Place | Renovated | 1BR,1BA | $1.28 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Gladstone Apartments | 1/1 Renovated | 1BR,1BA | $1.26 |
| Blackstone Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.28 |
| 4815 Ames Ave | 1BR/1.0BA | 1BR,1BA | $1.20 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleNavigating 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.
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.
Pet Friendly LifestyleWaverly Park, Omaha, NE
Ranked #125
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $845.
What is the price of a cheap apartment in Waverly Park?
The cheapest apartment in Waverly Park is 4815 Ames Ave which is listed at $600, while the average apartment in Waverly Park costs $1,255.
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 61 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 $436 which is $819 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

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Omaha
Written by: Darla Ferrara
Omaha is more than just a big city in Nebraska—it’s a college town. Thousands of students move to the Gateway to the West each year to attend one of the many colleges and universities.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
