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Orpheum Tower apartments in Omaha, NE

Updated

Orpheum Tower

405 S 16th St, Omaha, NE 68102

4.5 (125 reviews) Official Website

Live pricing, refreshed

7
Units Listed
$1,050
Starting at
$1,217
Average
$1,289
Highest
$1.51
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Omaha, NE rent trends

Beds

Pricing by Bedroom

1 Bed
$1,138
from $1,050 · 2 units
~695 sqft avg
2 Bed
$1,248
from $1,180 · 5 units
~847 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (12)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$125K

$1.5M annual run rate

Modeled estimate

Est. Occupancy

94%

of about 114 units (modeled from leasing activity)

Effective Rent on New Leases

$1,171

vs $1,217 current asking ($46 negotiation gap)

Recent Lease Activity

19 units tracked; 12 assumed leased, 7 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

7

Moderate availability

7 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Available Units

7 units
1 Bed / 1 Bath The Davenport
$1,050/mo
590 ft² · $1.78/ft\u00B2 · #1
2 Bed / 1 Bath The Howard
$1,180/mo
730 ft² · $1.62/ft\u00B2 · #2
2 Bed / 1 Bath The Jackson
$1,209/mo
785 ft² · $1.54/ft\u00B2 · #5
1 Bed / 1 Bath The Pacific
$1,225/mo
800 ft² · $1.53/ft\u00B2 · #7
2 Bed / 1 Bath The Farnam
$1,275/mo
740 ft² · $1.72/ft\u00B2 · #3
2 Bed / 1 Bath The Douglas
$1,289/mo
905 ft² · $1.42/ft\u00B2 · #4
2 Bed / 1 Bath The Dodge
$1,289/mo
1,075 ft² · $1.20/ft\u00B2 · #6

Train activity

Trains close by

Freight line 2,142 ft away · 30 trains/day

  • 15 daytime, 15 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Omaha, NE notes

No resident notes for this property yet.

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