
Cheap Apartments for Rent near Alvo, NE from $650 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Alvo.


Gate Park Apartments

Meadowlark

Stony Ridge Apartments

The Villa

Lodge at Heritage Lakes

Cherrywood Apartments

East Lake Flats
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.

Argosy Apartments

Regency

Chateau on Vine

Trenridge Gardens

Waterbrook

Thomasbrook

Somerset

Ashbrook 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.

Black Sand Apartment Homes

Rockledge Oaks Apartments

The Flats at Shadow Creek

Summit Falls Apartments & Townhomes

Haven at Uptown

The Meadows on Salt Creek

Sunrise Gardens - Senior Living

Square at 48
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.

Chateau At Holmes Lake

Willow Creek Apartments

The 8801

Oxbow Crossing

Crescent Plaza Apartments

3619 N 60th St

LionsGate Apartments

2740 N 49th 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.

323 S 47th St

35 East Apartments

402 W Eldora Ave

5501 J St

The Flats at Leighton District

1613 Deweese Dr

26504 US-6

2380 N 44th 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.

2350 N 44th St

5313 Leighton Ave

2384 N 44th St
Alvo, NE Local Guide

How much does it cost to rent an apartment in Alvo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvo Studio Apartments | $1,154 | $870 | $1,762 |
| Alvo 1 Bedroom Apartments | $1,306 | $650 | $2,410 |
| Alvo 2 Bedroom Apartments | $1,516 | $895 | $2,618 |
| Alvo 3 Bedroom Apartments | $1,821 | $1,305 | $2,635 |
Browse Top Apartments in Alvo
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Alvo, NE Local Guide
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Cheapest Available Alvo Apartments for Rent and Nearby
 The cheapest available apartment rental in Alvo, NE is a 1 Bed unit found at Stony Ridge Apartments in the Havelock neighborhood priced from $820. LionsGate Apartments in the Taylor Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Alvo apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stony Ridge Apartments | 1BR 1BA | 1BR,1BA | $820 |
| LionsGate Apartments | A | 1BR,1BA | $855 |
| The Villa | Building A, B, and C | 1BR,1BA | $860 |
| East Lake Flats | Berkley | Studio,1BA | $899 |
| Argosy Apartments | 1Bd/1BA | 1BR,1BA | $910 |
| Trenridge Gardens | Chestnut | 1BR,1BA | $969 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $999 |
| Waterbrook | 2x2 Affordable | 2BR,2BA | $1,000 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1,015 |
| Lodge at Heritage Lakes | Meadow Lane Courtyard | 1BR,1BA | $1,032 |
Best Value Apartments for Rent in Alvo, NE and Nearby
As of August 31, 2026 the best value apartment in the Alvo area is the $1.36 price per square foot Cornhusker Overlook with Attached Garage Model at Lodge at Heritage Lakes in the in the Family Acres neighborhood starting from $1,474. The second greatest value Alvo apartment is the Two Bedroom Model at Black Sand Apartment Homes starting at $1,285 with a $1.21 price per square foot in the Belmont neighborhood. Here is today’s list of the best values for Alvo apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lodge at Heritage Lakes | Cornhusker Overlook with Attached Garage | 2BR,2BA | $1.36 |
| Black Sand Apartment Homes | Two Bedroom | 2BR,2BA | $1.21 |
| Waterbrook | 2x2 Affordable | 2BR,2BA | $1.05 |
| Gate Park Apartments | GP-2B2B Balcony 912 | 2BR,1.5BA | $1.20 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.13 |
| Sunrise Gardens - Senior Living | The Aster - 2 Bed/1 Bath | 2BR,1BA | $1.23 |
| Argosy Apartments | 1Bd/1BA | 1BR,1BA | $1.07 |
| The Villa | Building D | 1BR,1BA | $1.22 |
| Trenridge Gardens | Chestnut | 1BR,1BA | $1.29 |
| Stony Ridge Apartments | 1BR 1BA | 1BR,1BA | $1.37 |
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.
Pet Friendly LifestyleAlvo, NE
Ranked #150
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alvo, NE Rentals by Map
See the most popular apartments and homes in Alvo, NE
Frequently Asked Questions about Cheap Alvo Apartments
What is the Cheapest Studio apartment in Alvo?
Currently the most affordable Cheap Studio Apartment in Alvo is at East Lake Flats listed at $899.
How much is rent for a Cheap One Bedroom Alvo Apartment?
The lowest price for a Cheap One Bedroom Alvo Apartment is $820 at Stony Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Alvo Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alvo is starting from $980 at The Villa.
What is the most affordable Alvo Three Bedroom Apartment?
The best deal on a cheap Alvo Three Bedroom Apartment rental is at Lodge at Heritage Lakes and starts from $1,689.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.