
Cheap Homes for Rent in Allen, NE from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Allen.


507 W 20th St

304 N 12th St

1210 26th St

521 Main St

908 1st St

403 N Maple St
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.

109 S Locust St

3526 Claude ave

708 16th St

202 E 6th St

2223 Douglas St

903 N 2nd St

1620 S Lemon St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Allen, NE Local Guide

How much does it cost to rent a home in Allen?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Allen 2 Bedroom Homes for Rent | $993 | $850 | $1,300 |
| Allen 3 Bedroom Homes for Rent | $1,693 | $975 | $3,595 |
| Allen 4 Bedroom Homes for Rent | $1,700 | $1,600 | $1,900 |
| Allen 5 Bedroom Homes for Rent | $2,519 | $2,150 | $2,888 |
| Allen 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Allen
Explore 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. Five Sons Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $900 |
| Indian Hills | Ash | 1BR,1BA | $935 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $950 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $955 |
Best Value Apartments for Rent in Allen, NE and Nearby
As of June 20, 2026 the best value apartment in the Allen area is the $1.15 price per square foot Two Bedroom, Two Bath Model at Dakota Prairie Apartments in the starting from $1,250. The second greatest value Allen apartment is the Evergreen Model at Ridge Oaks starting at $1,140 with a $1.08 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. |
|---|---|---|---|
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Ridge Oaks | Evergreen | 2BR,1.5BA | $1.08 |
| Floyd River Flats | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.22 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $1.26 |
| Erin Apartments | 4 Beds, 2 baths | 4BR,2BA | $1.40 |
| Lincoln Woods | 2 Bedroom Updated | 2BR,1BA | $1.06 |
| Country Club Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.27 |
| The Arbors | Sapling | 1BR,1BA | $1.33 |
| 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 Allen
What type of rentals are currently available in Allen?
There are currently 44 Apartments for Rent in Allen, NE with pricing that ranges from $750 to $3,367. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Allen ranging from $595 to $3,595.
What is the current price range for Rental Homes in Allen?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Allen ranges from $595 to $3,595 with an average monthly rent of $1,642.
How much are larger Three and Four Bedroom Rentals in Allen?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Allen range from $1,000 to $3,367, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $3,595. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,400.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.