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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

Our team has verified this company

Leasing office

(402) 783-6970

Open 

Friday 8:30 am–5:00 pm CT

Property Overview

Nichol Flats earns an excellent overall rating, with standout scores for amenities, location, and quality, along with strong value and trustworthiness. It features spacious open-concept layouts, luxurious finishes, and stunning downtown views, and is noted for fitness, pet-friendly, and social living benefits, plus convenient access to parks, restaurants, and nearby services.

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

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Nichol Flats is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Middle school nearby
  • More space
  • Central heat

Great for

  • Pet owners
  • Eco living
  • Social life

Floor plans

1x1 B1 bed1 bath875 sqft$1,050–$1,099 /mo2 units available
2x2 B2 bed2 bath1,310 sqft$1,425–$1,625 /mo4 units available
2x2 A2 bed2 bath1,380 sqft$1,470–$1,685 /mo3 units 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

1st Cat

First Cat Fee

One-time. 2 1st cats max. Refund Policy: Non-refundable.

$350

First Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

1st Dog

First Dog Fee

One-time. 2 1st dogs max. Refund Policy: Non-refundable.

$350

First Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

Questions about this property’s policies and fees?

Building details

Property details

Units68

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.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, Nichol Flats is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Nichol Flats
Price·9A 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 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Nichol Flats 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.
Nichol Flats 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 Nichol Flats.
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.
Nichol Flats 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.

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:

Pet owners

  • Outdoor spaces are available at this property
  • 2 pet hospitals in the area
  • 1 pet supply store near the property

Eco living

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

Social life

  • This community has public spaces on site, like fitness centers or pools
  • 97 restaurants within 1 mile of this property
  • Area has 36 parks and recreation options
  • Diverse age groups live in this 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 Nichol Flats compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1.6 miles away
More space
The 2-bedroom is 227 sqft larger than other listings nearby
Central heat
Climate controlled environment
Eco-friendly trash disposal
This property has recycling pickup
Elevator
Improved accessibility features
Fitness center
The gym is just a few steps away
Images Available
There are at least 10 photos of this property
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 0.7 miles away
Greater distance from grade schools
The nearest elementary school is farther than 0.6 miles away

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Rent trends in North Downtown

1-bedroom apartments here are priced 15% lower than 1-bedrooms in North Downtown.

If you decide to upgrade your space, you can expect 2-bedrooms at Nichol Flats to be 17% less than the average for similarly sized apartments in North Downtown.

Median rents as of Oct 10 2026.
North Downtown
Omaha
A table of studio rental data trends in Omaha
MonthMedian Rent
October 2024$1,005
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$908
October 2026$899
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

$43,960/yr

With your selected rent-to-income ratio, you'd ideally want to make $43,960 annually to afford this 1-bedroom monthly rent price of $1,099.
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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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

5/10
Variety of groceries within a short drive

Shopping

5/10
Variety of shops within a short drive

Cafes

6/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

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

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

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

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