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Updated 16 Hours Ago

Highlights

  • Private balcony
  • On-site laundry
  • Tree-lined streets
  • Vibrant colors
  • Easy access
  • Dedicated parking

Location

122 N 40th St, Omaha, NE 68131, USA|Joslyn Castle
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Contact

Management

Top Tier Investment Firm

Leasing office

(844) 329-3784 ext. 8761

Property Overview

122 North 40th Street offers a strong mix of value, amenities, and convenience, with a 7.8 Zumper Expert Rating, competitive pricing, and a location rating of 9. Its notable features include a private balcony, on-site laundry, dedicated parking, tree-lined streets, and easy access, while nearby mixed-use spaces, event hubs, restaurants, and diverse age groups make it especially appealing for social living.

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

7.2
Very Good
122 North 40th Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Middle school nearby
  • Images Available

Great for

  • Social life

Floor plans

122 North 40th Street - 22 bed1 bath$775 /moBold by Design. Alive with Character. Not your average apartment. This 2-bedroom, 1-bath unit in one of the Arts District's most beloved historic buildings brings something extra to the table: vibrant, intentional color throughout that turns everyday living into a genuine work of art. A fun and spirited tribute to the creative community right outside your door. Step onto your private balcony, take in the neighborhood, and come home to a space that actually has a personality. Two separate entrances, dedicated parking, and on-site laundry keep the practical side covered so you can focus on enjoying where you live. Walk to Blackstone and Midtown, explore the shops and restaurants nearby, stroll past the Joslyn Castle, and plug right into Dodge Street when you need to move. This is historic Omaha at its most colorful, literally. Live somewhere that looks like art feels.

Let's explore this property.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units1

About 122 North 40th Street

HomeApartments in OmahaJoslyn Castle 122 North 40th Street

Above It All. Right In the Middle of Everything. There's something about a second-floor perch in a historic building that just hits different. This 2-bedroom, 1-bath unit puts you above the street with views that remind you every day why the Arts District is one of Omaha's most sought-after neighborhoods. Joslyn Castle, tree-lined streets, and the character of a community that takes pride in where it lives, all framed right outside your windows. Two separate entrances, a private balcony, dedicated parking, and on-site laundry round out everything you need. Then step outside and walk to the best of Blackstone and Midtown, with shops, restaurants, and easy access to Dodge Street just minutes away. The location is unbeatable. The view makes it personal. Your window to the best of Omaha.


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.
7.2
/10
Very Good
122 North 40th Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 122 North 40th Street
Price·6A 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.
122 North 40th Street is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
Amenities·8A 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.
With multiple in-demand amenities, 122 North 40th Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
122 North 40th Street 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 122 North 40th Street 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.

122 North 40th Street is great for:

Social life

  • 123 restaurants within 1 mile of this property
  • 2 local event hubs within 1 mile
  • 181 mixed-use spaces nearby
  • 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 122 North 40th Street compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1.6 miles away
Images Available
There are at least 10 photos of this property

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.8 miles away
Greater distance from high schools
The nearest high school is farther than 1.6 miles away

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Rent trends in Joslyn Castle

2-bedroom apartments at 122 North 40th Street cost about 29% less than the average rent price for 2-bedroom apartments in Joslyn Castle.

Median rents as of Oct 24 2026.
Joslyn Castle
Omaha
A table of studio rental data trends in Omaha
MonthMedian Rent
November 2024$998
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$898
A table of studio rental data trends in Joslyn Castle
MonthMedian Rent
November 2024$1,055
December 2024$1,055
January 2025$1,055
February 2025$1,066
March 2025$1,095

Affordability calculator

Can I afford to live at 122 N 40th St?

Bedrooms

2 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

$31,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,000 annually to afford this 2-bedrooms monthly rent price of $775.
For more information on rent affordability, visit our rent calculator.

Schools near 122 North 40th Street

Gifford Park Elementary School

717 n 32nd st

omaha, NE, 68131

PK, K-6Public
C

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

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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Getting around Omaha near 122 N 40th St

Walking

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

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

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

Transit

4/10
There are a few mass transit options within the area.

Points of interest for 122 N 40th St, Omaha

Groceries

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

Shopping

5/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

6/10
At least one high school within a 15-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

6/10
Several bars within a few minutes’ walk

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