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Highlights

  • Modern living
  • Carefully designed apartments
  • Spacious one or two bedroom floor plans
  • Accessibility

Location

101 S 49th Ave, Omaha, NE 68132, USA|Dundee - Memorial Park
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Management

Burlington Capital Properties, LLC

Our team has verified this company

Leasing office

(531) 202-4623

Property Overview

Elwood Apartments earns a standout Zumper Expert Rating of 9.9/10, supported by top scores for price, amenities, location, and quality, along with strong trustworthiness. It offers modern, carefully designed apartments with spacious one- or two-bedroom floor plans and accessibility features, plus strong value-for-money and value-per-square-foot rankings and close proximity to a highly rated elementary school.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Elwood Apartments is one of the top properties in Dundee - Memorial Park. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • More space
  • Elementary school nearby
  • Laundry available on site

Great for

  • Pet owners

Floor plans

1 bed1 bed1 bath1,000 sqft$850–$1,749 /mo2 units available

Let's explore this property.

Amenities for Elwood Apartments

Apartment Amenities

HeatingTrash Included

Appliances

Range and OvenRefrigerator
Window Air Conditioning

Building

Secured Building Entry
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units20
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About Elwood Apartments

HomeApartments in OmahaDundee - Memorial Park Elwood Apartments

Discover Elwood Apartments in Omaha, Nebraska, your ultimate destination for modern living. Nestled within the vibrant Dundee Memorial Park neighborhood and conveniently located near Interstate 480, commuting around the city is a breeze. Elevate your lifestyle and experience unparalleled comfort at Elwood. Embrace a community where accessibility, style, and tranquility converge to create your perfect living environment. Choose from our spacious one or two bedroom floor plans, thoughtfully crafted with your needs in mind. Each apartment for rent boasts essential amenities, including a kitchen with a refrigerator, range, and oven, ensuring ease at your fingertips. Embrace coziness year-round with heating available in every apartment to combat the chill of winter. Enjoy modern living in our carefully designed apartments, ideally suited to your lifestyle and preferences, without any hassle.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Elwood Apartments is one of the top properties in Dundee - Memorial Park. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Elwood Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Elwood Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Elwood Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Elwood Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Elwood Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Elwood Apartments.
Trustworthiness·9A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Elwood Apartments has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Elwood Apartments is great for:

Pet owners

  • 1 pet grooming service nearby
  • 3 pet supply stores near the property
  • 1 pet hospital in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Elwood Apartments compares to other nearby properties.

Positives

More space
The 1-bedroom is 365 sqft larger than other listings nearby
More space
The 2-bedroom is 174 sqft larger than other listings nearby
Elementary school nearby
There is an elementary school 0.2 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in Dundee - Memorial Park

1-bedroom apartments at Elwood Apartments cost about 8% less than the average rent price for 1-bedroom apartments in Dundee - Memorial Park.

Median rents as of Sep 5 2026.
Dundee - Memorial Park
Omaha
A table of studio rental data trends in Omaha
MonthMedian Rent
September 2024$971
October 2024$991
November 2024$1,000
December 2024$1,010
January 2025$1,005
February 2025$1,005
March 2025$988
April 2025$976
May 2025$965
June 2025$953
July 2025$949
August 2025$943
September 2025$938
October 2025$925
November 2025$948
December 2025$945
January 2026$954
February 2026$953
March 2026$920
April 2026$916
May 2026$947
June 2026$938
July 2026$926
August 2026$917
September 2026$912
A table of studio rental data trends in Dundee - Memorial Park
MonthMedian Rent
May 2020$925
August 2020$925
September 2020$925

Affordability calculator

Can I afford to live at 101 S 49th Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this 1-bedroom monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near Elwood Apartments

Dundee Elementary School

310 n 51st st

omaha, NE, 68132

PK, K-6Public
B-

Beals Elementary School

1720 s 48th st

omaha, NE, 68106

PK, K-6Public
C

Gifford Park Elementary School

717 n 32nd st

omaha, NE, 68131

PK, K-6Public
C

Early Childhood Center at Educare - Kellom

2123 paul st

omaha, NE, 68102

PKPublic

Early Learning Pk Center at Kennedy

3200 north 30th st

omaha, NE, 68111

PKPublic
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Internet available near Elwood Apartments

Getting around Omaha near 101 S 49th Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 101 S 49th Ave, Omaha

Groceries

8/10
Wide variety of groceries within a few minutes' walk

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

8/10
Wide variety of cafés within a few minutes’ walk

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

9/10
Wide variety of bars within a few minutes' walk

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