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Apartments for Rent in Omaha, NE under $500

Apartments for Rent in Omaha, NE under $500. 2 Rentals Available
2 Rentals Available
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  • Studio $50
    Base rent
    Verified Listing

    4.5 (15)
    102-108 South 85Th Street, Omaha, NE 68114
    Pet friendly
  • Ask for pricing
    Verified Listing

    2601 Leavenworth Street, Omaha, NE 68105
    Pet friendly • Parking • Fitness center
2-0-city

Frequently asked questions

When were prices and availability in Omaha, NE last updated?

Prices and availability in Omaha, NE were last updated on 19 Jul 2026.

What are the best apartments in Omaha, NE?

The best apartments in Omaha, NE are: Legacy Commons, Sundance Omaha, The Duke Omaha, Parkwood Terrace and The Artisan at 39th.

What type of rental buildings are in Omaha, NE?

In Omaha 43% of the housing is rented out compared to 57% of homes are owned, according to the most recent Census Bureau estimates. 16% of Omaha's apartments are found in large buildings of 50 units or more, 58% are located in smaller apartment complexes with less than 50 units, and 26% are single-family rentals.

Renting apartments in Omaha, NE under $500

Searching for apartments for rent in Omaha, NE under $500 is not an easy task, but luckily you have come to the right place. Whether you are a student on a budget, a young professional on the move, or simply a frugal person, RentCafe can help you find what you are looking for. Just make sure you know what you consider non-negotiable and what you can compromise on. Your new home is just a few clicks away.

We’ll help you find the cheapest rental near you

Finding a nice cheap apartment is by no means impossible. You just have to be patient. Your “apartments near me under $500” search can bear fruit sooner than you think if you look carefully and check our site often. You never know when discount deals and special offers might pop up. Keep in mind that you are not the only one looking for an affordable apartment in Omaha, NE. Choose “Save Search” to receive the latest apartments available directly to your inbox. This way, you will be able to stay one step ahead of the competition.