
Cheap Homes for Rent in Waverly Park Neighborhood of Omaha, NE from $700 (20 Rentals)
Search the lowest-cost Homes available for rent right now in the Waverly Park area of Omaha.


612-616-616 N 46th St

3212 N 39th St

807 N 45th St

616 N 46th St

4732 Chicago St
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.

120 N 30th St

2337 N 66th St, Unit #2337A

4314 N 52nd St

6020 Birch St

4332 Fowler Ave

2305 John A Creighton Blvd
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.

4074 Spencer St

3818 Blondo St

5805 N 28th Ave

3674 Bedford Ave

5345 N 33rd Ave

3356 N 41st St
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.

3315 Laurel Ave

6539 Binney St
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 | $1,471 | $925 | $2,057 |
| Waverly Park 3 Bedroom Homes for Rent | $1,737 | $1,095 | $3,500 |
| Waverly Park 4 Bedroom Homes for Rent | $2,191 | $1,600 | $3,750 |
| Waverly Park 5 Bedroom Homes for Rent | $2,812 | $1,900 | $3,650 |
| Waverly Park 6 Bedroom Homes for Rent | $5,100 | $5,100 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 20 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,1BA | $745 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $769 |
| 5006-08 California St | 1 Bedroom 1 Bathroom | 1BR,1BA | $795 |
| Fairview Apartments | One Bed | 1BR,1BA | $799 |
Best Value Apartments for Rent in Waverly Park, NE
As of May 28, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| M34 Apartments | 1BR/1.0BA | 1BR,1BA | $1.17 |
| Fairview Apartments | Two Bed, 1.5 Bath | 2BR,1.5BA | $1.17 |
| 4519 Hamilton St, Unit 4519 | 4519 Hamilton St | 1BR,1BA | $0.80 |
| 4907 Capitol Ave, Unit #3 | 4907 Capitol Ave | 2BR,1.5BA | $1.22 |
| Benson Crest Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.13 |
| 129 N 36th St, Unit 1 | 129 N 36th St | 1BR,1BA | $1.13 |
| 38th Place | Brown Cabinet w/ Balcony | 1BR,1BA | $1.28 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Westbrook Tower | 1 Bedroom | 1BR,1BA | $1.18 |
| ALANSCO 1016 N 47 Ave | 1BR/1.0BA | 1BR,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 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 #142
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 467 Apartments for Rent in Waverly Park, NE with pricing that ranges from $729 to $11,976. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly Park ranging from $700 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 $700 to $5,100 with an average monthly rent of $2,354.
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 $1,095 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 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.

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.

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.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.