
Cheap Apartments for Rent in Central City, NE from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Central City.


Oak Park Apartments

The Residences at Liberty Campus

Old Walnut

Crete Senior Villas

Kearney Apartment Homes

Village at Kearney Apartments

Meadow Wood
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.

Regency Heights

Union at Middle Creek

535 Flats

Highland View Apartments

Heartland Flats Lincoln

Fairways at Lincoln

Fountain Glen

Folsom Ridge
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.

HANGAR 55 AT THEATRE DISTRICT

Horizon Apartments and Villas

The Crystal on C Ave

208 E 5th St

130 S 5th St

1110 N Adams Ave

705 6th St

2703 W 24th St
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.

Lakeview Park

605 Water St

539 S 1st St

100 Lover's Ln

Prairie View - Kearney

424 N 4th St

320 Lincoln St

LINQ Portfolio
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

2900 Grand Ave
Central City, NE Local Guide

How much does it cost to rent an apartment in Central City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central City Studio Apartments | $1,066 | $615 | $1,500 |
| Central City 1 Bedroom Apartments | $1,238 | $575 | $2,200 |
| Central City 2 Bedroom Apartments | $1,469 | $675 | $2,545 |
| Central City 3 Bedroom Apartments | $1,525 | $825 | $2,495 |
Browse Top Apartments in Central City
See all Apartments in Central CityExplore Central City
Central City, NE Local Guide
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Cheapest Available Central City Apartments for Rent and Nearby
 The cheapest available apartment rental in Central City, NE is a 1 Bed unit found at The Residences at Liberty Campus priced from $700. Old Walnut has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Central City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at Liberty Campus | 1/1 | 1BR,1BA | $700 |
| Old Walnut | Studio | Studio,1BA | $745 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR,1BA | $800 |
| Meadow Wood | A2 - Cottonwood | 1BR,1BA | $873 |
| Lakeview Park | Carter Lake | Studio,1BA | $879 |
| Union at Middle Creek | 1BD | 1BR,1BA | $899 |
| 535 Flats | 14 | 1BR,1BA | $900 |
| Highland View Apartments | Bonsai | Studio,1BA | $910 |
| Heartland Flats Lincoln | Aspen | Studio,1BA | $931 |
| Fountain Glen | Butler | Studio,1BA | $935 |
Best Value Apartments for Rent in Central City, NE and Nearby
As of April 05, 2026 the best value apartment in the Central City area is the $1.38 price per square foot C1R Model at Lakeside Village Apartment Homes in the in the West A neighborhood starting from $1,920. The second greatest value Central City apartment is the 3 Bedroom, 1 Bathroom - 1259 SF Model at Marshall Apartments starting at $1,365 with a $1.08 price per square foot in the West A neighborhood. Here is today’s list of the best values for Central City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lakeside Village Apartment Homes | C1R | 3BR,2BA | $1.38 |
| Marshall Apartments | 3 Bedroom, 1 Bathroom - 1259 SF | 3BR,1BA | $1.08 |
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.01 |
| Crete Senior Villas | 2 Bed 1 Bath | 2BR,1BA | $0.87 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Residences at Liberty Campus | 2/1 | 2BR,1BA | $1.13 |
| Ridgeland Park Apartments in York | York | 2BR,1BA | $1.28 |
| The Crystal on C Ave | 1-Bedroom | 1BR,1BA | $1.25 |
| Meadow Wood | A2 - Cottonwood | 1BR,1BA | $1.18 |
| Union at Middle Creek | 1BD | 1BR,1BA | $1.34 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 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 Central City, NE Rentals by Map
See the most popular apartments and homes in Central City, NE
Frequently Asked Questions about Cheap Central City Apartments
What is the Cheapest Studio apartment in Central City?
Currently the most affordable Cheap Studio Apartment in Central City is at Old Walnut listed at $745.
How much is rent for a Cheap One Bedroom Central City Apartment?
The lowest price for a Cheap One Bedroom Central City Apartment is $700 at The Residences at Liberty Campus.
What is the lowest price for a Cheap Two Bedroom Central City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central City is starting from $800 at Crete Senior Villas.
What is the most affordable Central City Three Bedroom Apartment?
The best deal on a cheap Central City 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.