Cheap Homes for Rent in Waverly Park Neighborhood of Omaha, NE from $500 (21 Rentals)

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

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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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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property at 5805 N 28th Ave

5805 N 28th Ave

OmahaNE68111

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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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 ALANSCO 1016 N 47 Ave priced from $695. Westbrook Tower 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
ALANSCO 1016 N 47 Ave0BR/1.0BAStudio,1BA$695
Westbrook Tower1 Bedroom1BR,1BA$735
MarCon Dundee ApartmentsCalifornia - 1 Bedroom1BR,1BA$735
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$755
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760

Best Value Apartments for Rent in Waverly Park, NE

As of July 28, 2025 the best value apartment in the Waverly Park area is the $1.13 price per square foot 1BR/1.0BA Model at M34 Apartments in the in the Old Market neighborhood starting from $1,345. The second greatest value Waverly Park apartment is the Apt. 5 Model at 320 N 40th St starting at $1,150 with a $1.19 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 ListingModel NameBed/BathPrice Per Sq.Ft.
M34 Apartments1BR/1.0BA1BR,1BA$1.13
320 N 40th StApt. 52BR,1BA$1.19
Century House2 bed 1 bath A2BR,1BA$1.06
MarCon Capitol ApartmentsOne Bedroom1BR,1BA$0.93
Gladstone ApartmentsTwo Bedroom2BR,1BA$1.26
MarCon Blackstone ApartmentsDelta - 1 Bedroom1BR,1BA$1.28
Benson Crest Apartments1 Bed 1 Bath1BR,1BA$1.23
Larimore Senior ResidencesOne Bed/One Bath - 50%1BR,1BA$1.28
The Austin at Midtown1BD 1BA - TT Pays Utilities1BR,1BA$1.33
Westbrook Tower1 Bedroom1BR,1BA$1.13

Quick Rent Budget Calculator

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Frequently Asked Questions about Waverly Park

What type of rentals are currently available in Waverly Park?

There are currently 455 Apartments for Rent in Waverly Park, NE with pricing that ranges from $685 to $2,500. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waverly Park ranging from $545 to $4,250.

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 $545 to $4,250 with an average monthly rent of $1,853.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.