
Cheap Apartments for Rent near Allen, NE from $500 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Allen.


Erin Apartments

Dakota Bend I & II

Valley Park Apartments

Horizon Apartments

Interstate Apartments

Chambers
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

River Valley Apartments

Prairie Dunes

Five Sons Apartments

Clifton Estates

East Edge Apartments

Indian Hills

Glen Oaks by Broadmoor
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

403 N Maple St

Woodbury Heights

The Arbors

Wellington At The Dunes

Urbane 1220

Country Club Apartments

Floyd River Flats
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Pearl Street

Ridge Oaks

Barrington Park by Broadmoor

McCook Apartments

Badgerow Flats

Riverfront Apartments

Leisure Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Gatewood Estates

Bekins Luxury Lofts

1601 S Alice St
Allen, NE Local Guide

How much does it cost to rent an apartment in Allen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allen Studio Apartments | $906 | $750 | $1,135 |
| Allen 1 Bedroom Apartments | $1,121 | $790 | $2,300 |
| Allen 2 Bedroom Apartments | $1,331 | $750 | $2,103 |
| Allen 3 Bedroom Apartments | $1,689 | $1,000 | $3,467 |
| Allen 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Top Apartments in Allen
See all Apartments in AllenExplore Allen
Allen, NE Local Guide
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Cheapest Available Allen Apartments for Rent and Nearby
 The cheapest available apartment rental in Allen, NE is a 2 Beds unit found at Erin Apartments priced from $750. Dakota Bend I & II has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here is today’s list of the most affordable Allen apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Erin Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
| Dakota Bend I & II | DB 1 - Studio | Studio,1BA | $750 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $900 |
| The Arbors | Sapling | 1BR,1BA | $949 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $950 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $953 |
| Ridge Oaks | Oak | 1BR,1BA | $975 |
| Floyd River Flats | 1 Bed 1 Bath Apartment | 1BR,1BA | $975 |
| Barrington Park by Broadmoor | Hamilton | 1BR,1BA | $985 |
| Badgerow Flats | Denver | 1BR,1BA | $995 |
Best Value Apartments for Rent in Allen, NE and Nearby
As of July 25, 2026 the best value apartment in the Allen area is the $1.21 price per square foot 3 Bedrooms / 2 1/2 Bathrooms Townhome Model at Gatewood Estates in the starting from $1,709. The second greatest value Allen apartment is the 3 Bedroom Updated Model at Lincoln Woods starting at $1,245 with a $1.04 price per square foot . Here is today’s list of the best values for Allen apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gatewood Estates | 3 Bedrooms / 2 1/2 Bathrooms Townhome | 3BR,2BA | $1.21 |
| Lincoln Woods | 3 Bedroom Updated | 3BR,1BA | $1.04 |
| Riverbend Townhomes | Townhome Style- 2 Bedroom with Garage | 2BR,2.5BA | $1.36 |
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $0.95 |
| Copper Flats | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Floyd River Flats | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.21 |
| The Arbors | Sapling | 1BR,1BA | $1.29 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $1.31 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $1.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Allen, NE Rentals by Map
See the most popular apartments and homes in Allen, NE
Frequently Asked Questions about Cheap Allen Apartments
How much is rent for a Cheap One Bedroom Allen Apartment?
The lowest price for a Cheap One Bedroom Allen Apartment is $900 at Five Sons Apartments.
What is the lowest price for a Cheap Two Bedroom Allen Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Allen is starting from $750 at Erin Apartments.
What is the most affordable Allen Three Bedroom Apartment?
The best deal on a cheap Allen Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.