
Cheap Homes for Rent in the Waverly Park Neighborhood of Omaha, NE from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Waverly Park area of Omaha.


807 N 45th St, Unit 6

120 N 30th St

2439 Larimore Ave

5345 N 33rd Ave

4005 Hartman Cir, Unit 4
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.

4074 Spencer St

6020 Birch St, Unit 3

2610 N 60th St

4262 Maple St

2859 Corby St

3710 Bedford Ave
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.

2305 John A Creighton Blvd
Waverly Park, Omaha, NE Local Guide

How much does it cost to rent a home in Waverly Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waverly Park 2 Bedroom Homes for Rent | $1,365 | $925 | $1,795 |
| Waverly Park 3 Bedroom Homes for Rent | $1,638 | $1,139 | $2,295 |
| Waverly Park 4 Bedroom Homes for Rent | $1,958 | $1,522 | $2,595 |
| Waverly Park 5 Bedroom Homes for Rent | $2,811 | $1,900 | $3,595 |
| Waverly Park 6 Bedroom Homes for Rent | $5,100 | $5,100 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 Halford Apartments priced from $695. ALANSCO 1016 N 47 Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here are the most affordable Waverly Park apartments for rent in Omaha, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Halford Apartments | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $745 |
| 38th Place | Renovated | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $769 |
Best Value Apartments for Rent in Waverly Park, NE
As of July 13, 2026 the best value apartment in the Waverly Park area is the $1.19 price per square foot One Bedroom Loft Model at 38th St Lofts in the in the Holy Cross neighborhood starting from $1,650. The second greatest value Waverly Park apartment is the 1BR/1.0BA Model at M34 Apartments starting at $1,395 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 38th St Lofts | One Bedroom Loft | 1BR,1.5BA | $1.19 |
| M34 Apartments | 1BR/1.0BA | 1BR,1BA | $1.17 |
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| 111 S 38th St, Unit 3 | 111 S 38th St | 1BR,1BA | $1.04 |
| 4907 Capitol Ave, Unit #3 | 4907 Capitol Ave | 2BR,1.5BA | $0.97 |
| Benson Crest Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
| 129 N 36th St, Unit 1 | 129 N 36th St | 1BR,1BA | $1.00 |
| 38th Place | Renovated | 1BR,1BA | $1.04 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.18 |
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.
Pet Friendly LifestyleWaverly Park, Omaha, NE
Ranked #141
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Waverly Park, Omaha, NE
School data provided by Great Schools
Frequently Asked Questions about Waverly Park
What type of rentals are currently available in Waverly Park?
There are currently 471 Apartments for Rent in Waverly Park, NE with pricing that ranges from $729 to $14,970. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly Park ranging from $560 to $5,100.
What is the current price range for Rental Homes in Waverly Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waverly Park ranges from $560 to $5,100 with an average monthly rent of $2,350.
How much are larger Three and Four Bedroom Rentals in Waverly Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Waverly Park range from $1,695 to $3,720, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,139 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,522 and Four Bedroom Apartments start at $3,640.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.