Most Affordable Neighborhoods in Omaha, NE

Some of the cheapest neighborhoods in Omaha are Dundee, Monmouth Park, and Redicks. These neighborhoods offer some of the lowest rent prices in Omaha, making them ideal for renters on a budget. As of September 12, 2025, the average rent in Omaha is $1,101, which is 3.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.

Dundee

Average Rent

$791/Month

Year-Over-Year Rent Change

1.8%

TransitScore® Rating

34/100

Units Available

15 Rentals

Dundee is a top choice for budget-conscious renters for a variety of reasons. The average rent in Dundee is $791 while the city average is $1,101. This is a 1.8% difference from last year. Residents enjoy convenient access to Omaha, Brigg's Place, and Univ. of Nebraska Medical. The neighborhood is considered walkable with a WalkScore® of 80.

Monmouth Park

Average Rent

$791/Month

TransitScore® Rating

44/100

Units Available

24 Rentals

When you’re looking for a great Omaha neighborhood on a budget, check out Monmouth Park. The average rent is $791, compared to the city average of $1,101. Monmouth Park is convenient to Lewis & Clark National Historic Trail, Creighton University, and Weber Place. The community is walkable with a WalkScore® of 71.

Redicks

Average Rent

$837/Month

TransitScore® Rating

46/100

Units Available

17 Rentals

Redicks is an affordable neighborhood in Omaha with an average rent price of $837. Compare this to the city average of $1,101. Redicks provides easy access to Narrows River Park, Quartermaster Depot, and Midtown Crossing at Turner Park. It’s a walkable neighborhood with a WalkScore® of 76.

Benson Gardens

Average Rent

$855/Month

Year-Over-Year Rent Change

4.8%

TransitScore® Rating

31/100

Units Available

31 Rentals

Benson Gardens features midcentury homes, including raised ranches and Craftsman bungalows, providing a charming residential atmosphere. The neighborhood is near the lively Benson area, known for its nightlife and local eateries. Nearby parks add to the appeal, offering both tranquility and urban excitement for residents.

Hillside

Average Rent

$855/Month

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Omaha, Hillside might be the perfect place! It has an average rent price of $855, while the city’s average stands at $1,101. Hillside is near Eppley Airfield, Omaha, and Lauritzen Gardens.

Columbus Park

Average Rent

$864/Month

Year-Over-Year Rent Change

1.3%

TransitScore® Rating

41/100

Units Available

25 Rentals

Columbus Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Columbus Park is $864 while the city average is $1,101. This is a 1.3% difference from last year. Residents enjoy convenient access to Univ. of Nebraska Medical, Metro C.C. of Omaha, S Omaha, and Vinton Square. The neighborhood is considered somewhat walkable with a WalkScore® of 67.

Maple Village

Average Rent

$907/Month

Year-Over-Year Rent Change

0.5%

TransitScore® Rating

28/100

Units Available

82 Rentals

Maple Village offers a serene suburban retreat, where the peaceful atmosphere and a strong sense of community are evident at every turn. Its convenient location ensures that shopping centers, schools, and parks are within easy reach, providing residents with a well-rounded lifestyle.

Palomino Hills

Average Rent

$911/Month

Units Available

15 Rentals

When you’re looking for a great Omaha neighborhood on a budget, check out Palomino Hills. The average rent is $911, compared to the city average of $1,101. Palomino Hills is convenient to Clarkson College, Lewis & Clark National Historic Trail, and Univ. of Nebraska Medical.

Beacon Hill

Average Rent

$911/Month

TransitScore® Rating

27/100

Units Available

15 Rentals

Beacon Hill is an affordable neighborhood in Omaha with an average rent price of $911. Compare this to the city average of $1,101. Beacon Hill provides easy access to Omaha Children's Museum, Glenn Cunningham Lake, and Lewis & Clark National Historic Trail. It’s a somewhat walkable neighborhood with a WalkScore® of 67.

Millard Highlands

Average Rent

$927/Month

Units Available

10 Rentals

If you’re looking for a great, affordable neighborhood in Omaha, Millard Highlands might be the perfect place! It has an average rent price of $927, while the city’s average stands at $1,101. Millard Highlands is near Millard Plaza II, U Street Plaza, and Millard Plaza I.

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Methodology

Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.

We've combined this data with public records to provide the most current rental information available.