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Highlights

  • Rent Special
  • Pet Friendly
  • Spacious layouts
  • Luxurious finishes
  • Urban living experience
  • Stunning downtown views
  • Open-concept apartments

Location

1015 N 16th St, Omaha, NE 68102, USA|North Downtown
Hi! Let’s figure out if this property is right for you.

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Tour Nichol Flats

Contact

Management

Asset Living Midwest, LLC

Leasing office

(844) 311-0438 ext. 6606

Open 

8:30 am–5:00 pm CT

Property Overview

Nichol Flats presents a compelling option for renters, highlighted by its overall Zumper expert rating of 8.8 out of 10, reflecting competitive pricing and impressive amenities. With spacious layouts, luxurious finishes, and stunning downtown views, it offers an urban living experience complemented by high ratings for location and trustworthiness. Furthermore, the property is particularly advantageous for those seeking wellness, work-from-home conveniences, pet-friendly options, and a vibrant social life, all within a sustainably designed environment.

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

8.8
Very Good
With a solid 8.8 out of 10 overall, Nichol Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Nichol Flats has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • Elevator

Great for

  • Eco living
  • Social life
  • Wellness

Floor plans

1x1 A1 bed1 bath875 sqft$1,009–$1,160 /mo5 units available
1x1 B1 bed1 bath875 sqft$1,050–$1,099 /mo7 units available
1x1 +1 bed1 bath885 sqft$1,237 /mo1 unit available
2x2 B2 bed2 bath1,310 sqft$1,425 /mo1 unit available
2x2 A2 bed2 bath1,380 sqft$1,470 /mo1 unit available

Let's explore this property.

Amenities for Nichol Flats

Apartment Amenities

BalconyCarpet
Central HeatCentral Heat and Air
FurnishedGranite Countertops
High CeilingHigh Ceilings
Spacious DenSpacious Walk-In Closet
Walk-in ClosetWalk-in Pantry
Window Coverings

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
RefrigeratorStainless Steel Appliances
Washer and Dryer

Tech

Cable ReadyCox High Speed Internet
Electronic Thermostat

Building

Cats OKControlled Access
Dogs OKElevator
Fitness CenterFree Weights
Wheelchair Accessible

Grounds

Bike RacksGarage Parking
GateOff-Street Parking
Smoke Free Community

Services

Flexible Rental Payment OptionsFurnished Home Available Upon Request
On-Site MaintenanceRecycling

Neighborhood

Downtown ViewsTransportation
Walkability To Downtown

Other

Flexible Lease TermsShort Term Lease
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

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. Welcoming Cats and Dogs, no weight limit on dogs but breed restriction do apply. $350 pet fee for first pet, $150 pet fee for second pet. | Restrictions: None.

$35

Pet Fee

One-time fee per pet.

$350

Dog

Pet Rent

Monthly. 2 dogs max. Welcoming Cats and Dogs, no weight limit on dogs but breed restriction do apply. $350 pet fee for first pet, $150 pet fee for second pet. | Restrictions: None.

$35

Pet Fee

One-time fee per pet.

$350

Questions about this property’s policies and fees?

Building details

Property details

Units68
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About Nichol Flats

HomeApartments in OmahaNorth Downtown Nichol Flats

Nichol Flats offers the ultimate urban living experience with luxurious finishes, spacious layouts, and stunning downtown views. Our open-concept apartments feature thoughtfully designed one- and two-bedroom floor plans. Situated in North Downtown Omaha, Nichol Flats puts you just minutes from Creighton University, the Old Market, Charles Schwab Field, the CHI Health Center, vibrant nightlife, and much more.


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.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Nichol Flats is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Nichol Flats has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Nichol Flats
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.
Nichol Flats 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.
Nichol Flats 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—pets allowed, furnished rental—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Nichol Flats is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A 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.
While Nichol Flats does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Reviews from the web

Showing 5 highest rated

I have lived here for over 6 months now and am amazed by how courteous the staff are! They will always bend over backwards for us; the assistant manager Erin is responsive, attentive, and always friendly when we see her. We love having access to the waterpark down the street, and its indoors so we can hot tub in the winter! We also love how open concept the apartment is, it makes it so easy to entertain and relax. We have great views for an even better price, and more space than we know what to do with! Would definitely recommend if you're looking for an affordable spot downtown!

Braedon Ahl

Braedon Ahl

Oct 30, 2020

Clean entrance most apartments aren’t and the Leasing Management is Great!!!

Chris Cribbs

Chris Cribbs

Oct 02, 2024

We’re sharing just 5 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

Nichol Flats is great for:

Eco living

  • 35 parks within a mile
  • You can get around by foot in this area
  • Thermostats
  • On-site recycling or composting options

Social life

  • Areas nearby are accessible by walking
  • 136 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 35 parks and recreation options

Wellness

  • On-site fitness center or gym
  • 35 parks nearby
  • 22 gyms or yoga centers nearby
  • This property has patios or balconies for fresh air

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 Nichol Flats compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 2 miles away
More space
The 2-bedroom is 298 sqft larger than other listings nearby
Elevator
Improved accessibility features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in North Downtown

1-bedroom apartments here are priced 13% lower than 1-bedrooms in North Downtown.

If you decide to upgrade your space, you can expect 2-bedrooms at Nichol Flats to be 21% less than the average for similarly sized apartments in North Downtown.

Median rents as of Feb 21 2026.
North Downtown
Omaha
A table of studio rental data trends in Omaha
MonthMedian Rent
March 2024$939
April 2024$957
May 2024$948
June 2024$929
July 2024$953
August 2024$935
September 2024$954
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$957
A table of studio rental data trends in North Downtown
MonthMedian Rent
October 2024$948
November 2024$950
December 2024$950
January 2025$956

Affordability calculator

Can I afford to live at 1015 N 16th St?

Bedrooms

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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom median monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near Nichol Flats

Early Childhood Center at Educare - Kellom

2123 paul st

omaha, NE, 68102

PKPublic

Kellom Elementary School

1311 n 24th st

omaha, NE, 68102

PK, K-6Public
C-

Gifford Park Elementary School

717 n 32nd st

omaha, NE, 68131

PK, K-6Public
C

Early Learning Pk Center at Kennedy

3200 north 30th st

omaha, NE, 68111

PKPublic

Beals Elementary School

1720 s 48th st

omaha, NE, 68106

PK, K-6Public
C
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Internet available near Nichol Flats

Getting around Omaha near 1015 N 16th St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

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

Cycling

5/10
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 1015 N 16th St, Omaha

Groceries

4/10
At least one supermarket within a 30-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 1015 N 16th St

Downtown Food Mart
318 S 16th St
Capitol in the Market
1007 Farnam St
Godega Market & Coffee Bar
423 S 11th St
African Foods & Deli Mart
223 S 25th St
Selena's Market
3228 California St

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