
Cheap Apartments for Rent in Elmwood, NE from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Elmwood.


Antelope Gardens

Lodge at Heritage Lakes

Cherrywood Apartments

Argosy Apartments

Countyshire Apartments
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.

Chateau on Vine

Regency

Chateau At Holmes Lake

Somerset

Square at 48
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.

56th Street Lofts &

4501 Tranquility-5

317 S 47th St

2601 N 58th St
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.
Elmwood, NE Local Guide

How much does it cost to rent an apartment in Elmwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elmwood Studio Apartments | $1,068 | $665 | $1,314 |
| Elmwood 1 Bedroom Apartments | $1,299 | $790 | $2,194 |
| Elmwood 2 Bedroom Apartments | $1,543 | $825 | $2,374 |
| Elmwood 3 Bedroom Apartments | $1,820 | $1,100 | $2,330 |
Browse Top Apartments in Elmwood
See all Apartments in ElmwoodExplore Elmwood
Elmwood, NE Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Elmwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Elmwood, NE is a Studio unit found at Lodge at Heritage Lakes in the Family Acres neighborhood priced from $822. LionsGate Apartments in the Taylor Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Elmwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lodge at Heritage Lakes | Conestoga | Studio,1BA | $822 |
| LionsGate Apartments | A | 1BR,1BA | $825 |
| Cherrywood Apartments | 2Bd/1Ba | 2BR,1BA | $910 |
| Thomasbrook | 1 Bed, 1 Bath - A2 690 SF | 1BR,1BA | $945 |
| Gate Park Apartments | GP-2B2B Balcony 852 | 2BR,1BA | $950 |
Best Value Apartments for Rent in Elmwood, NE and Nearby
As of December 16, 2025 the best value apartment in the Elmwood area is the $1.25 price per square foot 2BR-Large-2nd Floor Model at Willow Creek Apartments in the in the Taylor Park neighborhood starting from $1,190. The second greatest value Elmwood apartment is the 2Bd/1Ba Model at Cherrywood Apartments starting at $910 with a $0.97 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for Elmwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willow Creek Apartments | 2BR-Large-2nd Floor | 2BR,2BA | $1.25 |
| Cherrywood Apartments | 2Bd/1Ba | 2BR,1BA | $0.97 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.13 |
| 56th Street Lofts & | 1 BR/1 BA | 1BR,1BA | $1.32 |
| Gate Park Apartments | GP-2B2B 830 | 2BR,1.5BA | $1.14 |
| The Villa | Building D | 1BR,1BA | $1.19 |
| Lodge at Heritage Lakes | Meadow Lane Overlook | 1BR,1BA | $1.45 |
| Somerset | 1 Bedroom, 1 Bathroom - 750 SF | 1BR,1BA | $1.33 |
| Rockledge Oaks Apartments | A | 1BR,1BA | $1.47 |
| LionsGate Apartments | A | 1BR,1BA | $1.52 |
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 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 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 LifestyleElmwood, NE
Ranked #112
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!
Explore Elmwood, NE Rentals by Map
See the most popular apartments and homes in Elmwood, NE
Getting Around Elmwood, NE
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
27 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Elmwood Apartments
What is the Cheapest Studio apartment in Elmwood?
Currently the most affordable Cheap Studio Apartment in Elmwood is at Lodge at Heritage Lakes listed at $822.
How much is rent for a Cheap One Bedroom Elmwood Apartment?
The lowest price for a Cheap One Bedroom Elmwood Apartment is $825 at LionsGate Apartments.
What is the lowest price for a Cheap Two Bedroom Elmwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elmwood is starting from $910 at Cherrywood Apartments.
What is the most affordable Elmwood Three Bedroom Apartment?
The best deal on a cheap Elmwood Three Bedroom Apartment rental is at The Flats at 84 and starts from $2,057.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





