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122 North 40th Street offers strong overall value with an expert rating of 7.8/10, highlighted by excellent pricing, standout amenities, and a highly rated location that provides convenient access to schools, transportation, and other key destinations. Renters benefit from features like a private balcony, on-site laundry, dedicated parking, tree-lined streets, vibrant exterior colors, and easy access, plus a detailed, trustworthy listing with 16 photos that help set clear expectations.
Things you’ll love
Middle school nearbyImages Available| 122 North 40th Street - 3 | 2 bed | 1 bath | $1,050 /mo | 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. | |||
| 122 North 40th Street - 2 | 2 bed | 1 bath | $1,050 /mo | Bold 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. |
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| Units | 2 |
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Bold 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.
How 122 North 40th Street compares to other nearby properties.
Positives
Considerations
If you decide to upgrade your space, you can expect 2-bedrooms at 122 North 40th Street to be 3% less than the average for similarly sized apartments in Joslyn Castle.
| Month | Median Rent |
|---|---|
| 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 | $953 |
| March 2026 | $920 |
| April 2026 | $916 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,055 |
| December 2024 | $1,055 |
| January 2025 | $1,055 |
| February 2025 | $1,066 |
| March 2025 | $1,095 |
Can I afford to live at 122 N 40th St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$42,000/yr
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