
Cheap Homes for Rent in Alvo, NE from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Alvo.


2800 P St

353 S 47th St

3629 N 60th St

2601 N 47th St

1429 N 34th 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.

4621 Prescott Ave

2740 N 49th St

2344 N 44th St

3405 Holdrege St

334 N 33rd St

1613 Deweese Dr
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.
Alvo, NE Local Guide

How much does it cost to rent a home in Alvo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alvo 2 Bedroom Homes for Rent | $1,561 | $995 | $2,195 |
| Alvo 3 Bedroom Homes for Rent | $1,955 | $1,085 | $3,150 |
| Alvo 4 Bedroom Homes for Rent | $2,650 | $1,850 | $3,250 |
Browse Top Homes for Rent 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 $790. Gate Park Apartments in the Taylor Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. 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 | $790 |
| Gate Park Apartments | GP-1BD Patio 567 | 1BR,1BA | $845 |
| The Villa | Building A, B, and C | 1BR,1BA | $860 |
| LionsGate Apartments | A | 1BR,1BA | $865 |
| Trenridge Gardens | Chestnut | 1BR,1BA | $891 |
Best Value Apartments for Rent in Alvo, NE and Nearby
As of May 26, 2026 the best value apartment in the Alvo area is the $1.35 price per square foot TriCourt Courtyard Model at Lodge at Heritage Lakes in the in the Family Acres neighborhood starting from $1,793. The second greatest value Alvo apartment is the Two Bedroom Model at Square at 48 starting at $1,585 with a $1.36 price per square foot in the Taylor Park 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 | TriCourt Courtyard | 3BR,2BA | $1.35 |
| Square at 48 | Two Bedroom | 2BR,2BA | $1.36 |
| Willow Creek Apartments | 2BR-Large-2nd Floor | 2BR,2BA | $1.27 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.13 |
| Trenridge Gardens | Mulberry | 2BR,1BA | $1.31 |
| Argosy Apartments | 1Bd/1BA | 1BR,1BA | $1.07 |
| The Villa | Building D | 1BR,1BA | $1.22 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $1.47 |
| Black Sand Apartment Homes | One Bedroom | 1BR,1BA | $1.39 |
| Stony Ridge Apartments | 1BR 1BA | 1BR,1BA | $1.32 |
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 #143
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!
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Frequently Asked Questions about Alvo
What type of rentals are currently available in Alvo?
There are currently 37 Apartments for Rent in Alvo, NE with pricing that ranges from $665 to $2,618. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alvo ranging from $730 to $3,250.
What is the current price range for Rental Homes in Alvo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Alvo ranges from $730 to $3,250 with an average monthly rent of $1,553.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.