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Orpheum Tower apartments in Omaha, NE

Updated

Orpheum Tower

405 S 16th St, Omaha, NE 68102, USA

4.5 (125 reviews) Official Website

Live pricing, refreshed

6
Units Listed
$881
Starting at
$1,219
Average
$1,990
Highest
$1.44
Per Sq Ft

How does this compare? View Downtown rent trends

Beds

Pricing by Bedroom

Studio
$881
from $881 · 1 units
~465 sqft avg
1 Bed
$995
from $995 · 2 units
~540 sqft avg
2 Bed
$1,481
from $1,198 · 3 units
~1,178 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (2)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$185K

$2.2M annual run rate

Modeled estimate

Est. Occupancy

96%

of about 150 units (modeled from leasing activity)

Effective Rent on New Leases

$1,287

vs $1,219 current asking

Recent Lease Activity

39 units tracked; 33 assumed leased, 6 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

6

Moderate availability

5 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

Available Units

6 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

Studio / 1 Bath Unit 1109
$881/mo
465 ft² · $1.89/ft²

Starting base rent

Available: Oct 16, 2026

1 Bed / 1 Bath Unit 1004
$995/mo
540 ft² · $1.84/ft²

Starting base rent

Available: Nov 11, 2026

1 Bed / 1 Bath Unit 1504
$995/mo
540 ft² · $1.84/ft²

Starting base rent

Available: Nov 24, 2026

2 Bed / 1 Bath Unit 0307
$1,198/mo
905 ft² · $1.32/ft²

Starting base rent

Available: Contact for availability

Down $21 since Oct 8 (was $1,219)
2 Bed / 1 Bath Unit 0505
$1,255/mo
730 ft² · $1.72/ft²

Starting base rent

Available: Dec 7, 2026

2 Bed / 2 Bath Unit 1401
$1,990/mo
1,900 ft² · $1.05/ft²

Starting base rent

Available: Nov 7, 2026

Down $160 since Oct 8 (was $2,150)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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Train activity

Trains close by

Freight line 2,142 ft away · 30 trains/day

  • 15 daytime, 15 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Omaha, NE notes

No resident notes for this property yet.

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