Cheap Apartments for Rent in Amherst, NE from $500 (52 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Amherst.

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.

Read Article
property at 2500 W 24th St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

3 Bedroom, 1 Bath Home for Rent

Available Now

2500 W 24th St

KearneyNE68845

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.

Read Article
property at 1202 Arthur St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1202 Arthur St

HoldregeNE68949

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
close
View Me
The Preston
1 to 2 Bedroom Apartments

The Preston

1200 Avenue GGothenburg, NE 69138
close
View Me
Vintage Rows
2 Bedroom Apartments

Vintage Rows

1210 Liberty DrLexington, NE 68850
Senior Living
close
View Me
Bel Apartments
Studio to 2 Bedroom Apartments

Bel Apartments

204 W 6th StLexington, NE 68850
close
View Me
611 Tri-Plex
2 to 4 Bedroom Apartments

611 Tri-Plex

611 W 25th StKearney, NE 68845
Student Housing
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
close
View Me
1104 Residences
2 Bedroom Apartments

1104 Residences

1104 East AveHoldrege, NE 68949

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-50, Page 1 of 2

Amherst, NE Local Guide

Cheapest Available Amherst Apartments for Rent and Nearby

 

The cheapest available apartment rental in Amherst, NE is a 1 Bed unit found at Burlington Place priced from $675. Westside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Amherst apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burlington Place1 Bed 1 Bath1BR,1BA$675
Westside1 Bed 1 Bath1BR,1BA$700
The Residences at Liberty Campus1/11BR,1BA$700
Old WalnutStudioStudio,1BA$745
Oak View Apartments2BR/1.0BA2BR,1BA$750
Kearney Apartment Homes1 Bed 1 Bath1BR,1BA$845
Lakeside2 Bed 1 Bath2BR,1BA$880
Kelley Creek2 Bed 1.5 Bath2BR,1BA$900
North Adams FlatsClassic Model2BR,1BA$915
Regency Heights2 Bed 1 Bath2BR,1BA$920

Best Value Apartments for Rent in Amherst, NE and Nearby

As of May 24, 2026 the best value apartment in the Amherst area is the $1.04 price per square foot 3 Bedroom Model at LongLeaf Apartments in the starting from $1,145. The second greatest value Amherst apartment is the Three Bedroom Two Bath Model at Village at Kearney Apartments starting at $1,050 with a $1.01 price per square foot . Here is today’s list of the best values for Amherst apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1.01
The Residences at Liberty Campus2/12BR,1BA$1.13
Kelley Creek2 Bed 1.5 Bath2BR,1.5BA$1.02
Regency Heights2 Bed 1 Bath2BR,1BA$1.08
Lakeside2 Bed 1.5 Bath2BR,1.5BA$1.12
North Adams FlatsClassic Model2BR,1BA$1.14
Oak View Apartments2BR/1.0BA2BR,1BA$1.00
Burlington Place1 Bed 1 Bath1BR,1BA$1.01
Westside1 Bed 1 Bath1BR,1BA$1.05

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Amherst, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Amherst, NE

View Map
Amherst, NE Apartments Map
View Map
Amherst, NE Rental Homes Map

Frequently Asked Questions about Cheap Amherst Apartments

What is the Cheapest Studio apartment in Amherst?

Currently the most affordable Cheap Studio Apartment in Amherst is at Old Walnut listed at $745.

How much is rent for a Cheap One Bedroom Amherst Apartment?

The lowest price for a Cheap One Bedroom Amherst Apartment is $675 at Burlington Place.

What is the lowest price for a Cheap Two Bedroom Amherst Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Amherst is starting from $750 at Oak View Apartments.

What is the most affordable Amherst Three Bedroom Apartment?

The best deal on a cheap Amherst Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $1,050.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.