Cheap Homes for Rent in the Waverly Park Neighborhood of Omaha, NE from $500 (13 Rentals)

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

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.

property at 3710 Bedford Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

3710 Bedford Ave

OmahaNE68111

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.

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 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 ListingModel NameBed/BathPriced From
Halford Apartments1 Beds, 1 Baths1BR,1BA$695
ALANSCO 1016 N 47 Ave1BR/1.0BA1BR,1BA$745
38th PlaceRenovated1BR,1BA$750
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Westbrook Tower1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
38th St LoftsOne Bedroom Loft1BR,1.5BA$1.19
M34 Apartments1BR/1.0BA1BR,1BA$1.17
Fairview ApartmentsTwo Bed, 1.5 Bath2BR,1.5BA$1.17
111 S 38th St, Unit 3111 S 38th St1BR,1BA$1.04
4907 Capitol Ave, Unit #34907 Capitol Ave2BR,1.5BA$0.97
Benson Crest Apartments1 Bed 1 Bath1BR,1BA$1.13
129 N 36th St, Unit 1129 N 36th St1BR,1BA$1.00
38th PlaceRenovated1BR,1BA$1.04
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
Westbrook Tower1 Bedroom1BR,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.

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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.

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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 #141

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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

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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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.

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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.

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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.