
Cheap Apartments for Rent near Colon, NE from $845 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Colon.


Fremont Commons

Nye Apartments

Cambridge Apartments

Deerfield Apartments & Chateaus

Fountain Springs

Fifty575 Coventry

Lynbrook Apartments and Townhomes
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.

West Hampton Park Apartment Homes

Broadmoor Hills

Trade Winds Apartment Homes

Elk Hills

The Harbor

The Abacus

The Village on the Preserve

The Trails at North Streams
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.

1010 on the Lake

The Bungalows on 204

Edge 204

Whispering Ridge

Arno at Coventry

Bellbrook Townhomes

Antler View Apartments

Villas At The Pines
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.

Total Monthly Price
Capriana

Sundance Omaha

The Villas at Falling Waters

Ravello 192 & Ravello ll

150 E 5th St

Thompson Apartments

Conestoga Crossing

207 W Oak 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.

Elkhorn Station

Prairie View Apartments

1619 E Military Ave

14465 Sprague Ct

921 W 8th St

1108 N Logan St

Bluestem Apartments

535 N Pebble 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.

823 N H St

941 E 2nd St

1333 N Pine St
Colon, NE Local Guide

How much does it cost to rent an apartment in Colon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Colon Studio Apartments | $1,249 | $915 | $2,411 |
| Colon 1 Bedroom Apartments | $1,441 | $945 | $2,570 |
| Colon 2 Bedroom Apartments | $1,817 | $845 | $3,710 |
| Colon 3 Bedroom Apartments | $2,591 | $1,395 | $3,466 |
| Colon 4 Bedroom Apartments | $2,858 | $2,399 | $3,393 |
Browse Top Apartments in Colon
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Colon, NE Local Guide
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Cheapest Available Colon Apartments for Rent and Nearby
 The cheapest available apartment rental in Colon, NE is a 2 Beds unit found at Fremont Omega Apartments priced from $845. Fremont Commons has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here is today’s list of the most affordable Colon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fremont Omega Apartments | 2BR/1.0BA | 2BR,1BA | $845 |
| Fremont Commons | Studio (2) - 1st floor | Studio,1BA | $915 |
| Nye Apartments | Two Bed, One Bath | 2BR,1BA | $945 |
| Cambridge Apartments | Two Bedroom | 2BR,1BA | $950 |
| Lynbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,113 |
| Trade Winds Apartment Homes | One Bedroom | 1BR,1BA | $1,140 |
| The Abacus | S2 | Studio,1BA | $1,160 |
| The Village on the Preserve | Oak | 1BR,1BA | $1,170 |
| Broadmoor Hills | London | Studio,1BA | $1,185 |
| Fifty575 Coventry | A1 | 1BR,1BA | $1,187 |
Best Value Apartments for Rent in Colon, NE and Nearby
As of September 06, 2026 the best value apartment in the Colon area is the $1.26 price per square foot Patricia Townhome Model at 5401 N 209th St in the in the Elkhorn neighborhood starting from $3,195. The second greatest value Colon apartment is the Elk underground parking Model at Elk Hills starting at $1,725 with a $1.25 price per square foot in the Elkhorn neighborhood. Here is today’s list of the best values for Colon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5401 N 209th St | Patricia Townhome | 4BR,2.5BA | $1.26 |
| Elk Hills | Elk underground parking | 2BR,2BA | $1.25 |
| Villas At The Pines | 2 Bedroom | 2BR,2BA | $1.14 |
| West Hampton Park Apartment Homes | Two Bedroom | 2BR,2BA | $1.24 |
| Deerfield Apartments & Chateaus | Modern Collection: Downing | 2BR,2BA | $1.42 |
| Nye Apartments | Two Bed, Two Bath | 2BR,2BA | $1.00 |
| Cambridge Apartments | Two Bedroom | 2BR,1BA | $0.95 |
| Trade Winds Apartment Homes | One Bedroom End | 1BR,1BA | $1.45 |
| Lynbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1.37 |
| Fremont Omega Apartments | 1BR/1.0BA | 1BR,1BA | $1.45 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Colon, NE Rentals by Map
See the most popular apartments and homes in Colon, NE
Frequently Asked Questions about Cheap Colon Apartments
What is the Cheapest Studio apartment in Colon?
Currently the most affordable Cheap Studio Apartment in Colon is at Fremont Commons listed at $915.
How much is rent for a Cheap One Bedroom Colon Apartment?
The lowest price for a Cheap One Bedroom Colon Apartment is $945 at Fremont Omega Apartments.
What is the lowest price for a Cheap Two Bedroom Colon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Colon is starting from $845 at Fremont Omega Apartments.
What is the most affordable Colon Three Bedroom Apartment?
The best deal on a cheap Colon Three Bedroom Apartment rental is at Deerfield Apartments & Chateaus and starts from $1,395.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.