Cheap Apartments for Rent near Amherst, NE from $500 (49 Rentals)

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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.

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property at 2703 W 24th St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

3 Bedroom, 1.5 Bath Home for Rent

Available Now

2703 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.

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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.

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Vintage Rows
2 Bedroom Apartments

Vintage Rows

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

Bel Apartments

204 W 6th StLexington, NE 68850
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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.

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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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North Adams Flats
2 to 3 Bedroom Apartments

North Adams Flats

2100 N Adams StLexington, NE 68850
  • Utilities Included
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Autumn Park Apartments
2 to 3 Bedroom Apartments

Autumn Park Apartments

3720 W State StGrand Island, NE 68803
  • Utilities Included

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.

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1104 Residences
2 Bedroom Apartments

1104 Residences

1104 East AveHoldrege, NE 68949
Showing Results 1-49, Page 1 of 1

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
Old WalnutStudioStudio,1BA$745
Lakeside2 Bed 1 Bath2BR,1BA$880
Kelley Creek2 Bed 1.5 Bath2BR,1BA$900
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
Cross Creek Apartments1 Bed, 1 Bath1BR,1BA$999
Prairie Heights ApartmentsThe Phillips1BR,1BA$999
Talon ApartmentsThe Phillips (Lakeside)1BR,1BA$1,049
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1,050

Best Value Apartments for Rent in Amherst, NE and Nearby

As of July 08, 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
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
Kelley Creek2 Bed 1.5 Bath2BR,1.5BA$1.02
Iron Horse Flats142BR,1BA$1.38
Lakeside2 Bed 1.5 Bath2BR,1.5BA$1.12
Pioneer Trail FlatsThe Napa1BR,1BA$1.43
Cross Creek Apartments1 Bed, 1 Bath1BR,1BA$1.34
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.

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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.

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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.

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

Explore Amherst, NE Rentals by Map

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See the most popular apartments and homes in Amherst, NE

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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 $825 at Westside.

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

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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.

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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.

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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.

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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.