The Frederick
4813 Underwood Ave,
Omaha, NE 68132
$1,295
2 Beds
Known as Omaha’s first suburb, Dundee is a lush, residential neighborhood with access to all kinds of shopping and dining. The intersection of 50th Street and Underwood Avenue is considered the heart of Dundee, where there are plenty of shops, bars, and restaurants to explore as well as the Dundee Community Garden. Bordering Midtown, Dundee residents also enjoy convenience to Midtown Plaza and Crossroads Mall in addition to nearby Memorial Park. Several colleges and universities are within close proximity to Dundee, including the University of Nebraska Omaha, College of St. Mary, and Creighton University. About four miles west of Downtown Omaha, commuting from Dundee is easy with access to Routes 6, 64, and 75 as well as I-480. Eppley Airfield is less than ten miles away too, making for simple travel plans.
As of March 2026, the average apartment rent in Dundee is $700 for a studio, $629 for one bedroom, $800 for two bedrooms, and $837 for three bedrooms. Apartment rent in Dundee has increased by 0.7% in the past year.
Studio
465 sq ft
Average Sq Ft
$700/month
Average Rent
1 BR
613 sq ft
Average Sq Ft
$629/month
Average Rent
2 BR
781 sq ft
Average Sq Ft
$800/month
Average Rent
3 BR
1,200 sq ft
Average Sq Ft
$837/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Dundee - Omaha, NE is for everyday living.
Very Walkable
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Some Transit
You'll likely want a car when living in this area since it has few transit options.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
3,490
Communities
959,772
Units
895
Cities
715
Communities
198,674
Units
340
Cities
626
Communities
174,587
Units
250
Cities
625
Communities
125,220
Units
245
Cities
557
Communities
125,188
Units
221
Cities
457
Communities
108,184
Units
229
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.