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Cheap Apartments for Rent near Elwood, NE from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Elwood.
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$675 - $9301 to 3 Bedroom Apartments Available Now
Burlington Place
620 Burlington StHoldrege, NE 68949
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$699 - $9951 to 2 Bedroom Apartments Available Aug 1
The Preston
1200 Avenue GGothenburg, NE 69138
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Rent Specials
$730 - $9401 to 2 Bedroom Apartments Available Now
Lakeside
210 20th StGothenburg, NE 69138
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$7502 Bedroom Apartments Contact Us For Availability
Oak View Apartments
1300 E H StMcCook, NE 69001
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$835 - $1,1601 to 3 Bedroom Apartments Contact Us For Availability
Village at Kearney Apartments
88 La Crosse DrKearney, NE 68845
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$900 - $9501 Bedroom Apartments Available Now
Kearney Apartment Homes
1701 W 35th StKearney, NE 68845
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$9002 Bedroom Apartments Contact Us For Availability
Kelley Creek
101 Kelly CtMcCook, NE 69001
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.
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$920 - $1,5501 to 4 Bedroom Apartments Available Now
South Platte Terrace Apartments
700 E Philip AveNorth Platte, NE 69101
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$950 - $1,1301 to 3 Bedroom Apartments Available Now
Sandridge Apartments
901 S Bryan AveNorth Platte, NE 69101
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$950 - $1,1001 to 2 Bedroom Apartments Available Now
Allura Gardens Apartments
1612 E D StNorth Platte, NE 69101
2703 W 24th St
KearneyNE68845
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$995 - $1,0502 Bedroom Apartments Available Now
6th Dimension Apartments
221 W Francis StNorth Platte, NE 69101
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$999 - $1,6991 to 2 Bedroom Apartments Available Now
Prairie Heights Apartments
605 W Cedar StLexington, NE 68850
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$999 - $1,6501 to 3 Bedroom Apartments Available Now
Cross Creek Apartments
300 Cutler DrLexington, NE 68850
1202 Arthur St
HoldregeNE68949
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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$1,000 - $1,155
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,000 - $1,155
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$1,000 - $1,155
Pacific Place Apartments
500-502 N Pacific StNorth Platte, NE 69101
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1 Bedroom Apartments
Wheatridge Apartments
304 Van Horn StAlmena, KS 67622
906 East E Street
McCookNE69001
1300 E H St
McCookNE69001
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2 Bedroom Apartments
Vintage Rows
1210 Liberty DrLexington, NE 68850
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Studio to 2 Bedroom Apartments
Bel Apartments
204 W 6th StLexington, NE 68850
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Studio to 2 Bedroom Apartments
Water Tower Residences
311 W 5th StLexington, NE 68850
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2 to 4 Bedroom Apartments
611 Tri-Plex
611 W 25th StKearney, NE 68845
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.
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Studio to 4 Bedroom Apartments
535 Flats
535 N Minden AveMinden, NE 68959
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1 to 2 Bedroom Apartments
Iron Horse Flats
201 West AveHoldrege, NE 68949
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1 to 2 Bedroom Apartments
The Cooper Apartment Homes
714 W 10th StCozad, NE 69130
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2 to 3 Bedroom Apartments
North Adams Flats
2100 N Adams StLexington, NE 68850
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1 to 3 Bedroom Apartments
The Logan on 11th
1103 11th AveHoldrege, NE 68949
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1 to 2 Bedroom Apartments
Loomis Apartment Homes
308 WindsorLoomis, NE 68958
74980 444th Rd
OvertonNE68863
2703 W 24th St
KearneyNE68845
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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Studio to 1 Bedroom Apartments
The Crystal on C Ave
2123 C AveKearney, NE 68847
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Elwood, NE Local Guide
Downtown Elwood: Smith Avenue by Ammodramus is licensed under CCO 1.0
How much does it cost to rent an apartment in Elwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elwood Studio Apartments | $1,270 | $1,199 | $1,500 |
| Elwood 1 Bedroom Apartments | $1,215 | $675 | $1,799 |
| Elwood 2 Bedroom Apartments | $1,402 | $615 | $2,545 |
| Elwood 3 Bedroom Apartments | $1,400 | $930 | $1,750 |
| Elwood 4 Bedroom Apartments | $1,550 | $1,550 | $1,550 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Elwood
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Elwood, NE Local Guide
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Cheapest Available Elwood Apartments for Rent and Nearby
The cheapest available apartment rental in Elwood, 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 Elwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Westside | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Lakeside | 2 Bed 1 Bath | 2BR,1BA | $880 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
| Kearney Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $900 |
| Allura Gardens Apartments | One Bedroom One Bathroom | 1BR,1BA | $950 |
| Sandridge Apartments | Unit 1C | 1BR,1BA | $950 |
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $995 |
| Cross Creek Apartments | 1 Bed, 1 Bath | 1BR,1BA | $999 |
| Prairie Heights Apartments | The Phillips | 1BR,1BA | $999 |
Best Value Apartments for Rent in Elwood, NE and Nearby
As of July 22, 2026 the best value apartment in the Elwood area is the $1.01 price per square foot Three Bedroom Two Bath Model at Village at Kearney Apartments in the starting from $1,050. The second greatest value Elwood apartment is the The Riverside Model at Pacific Heights starting at $1,320 with a $1.34 price per square foot . Here is today’s list of the best values for Elwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.01 |
| Pacific Heights | The Riverside | 2BR,2BA | $1.34 |
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| Iron Horse Flats | 14 | 2BR,1BA | $1.38 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| South Platte Terrace Apartments | 2 Bedroom | 2BR,1BA | $1.25 |
| Cross Creek Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.34 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $1.01 |
| Westside | 1 Bed 1 Bath | 1BR,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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Explore Elwood, NE Rentals by Map
See the most popular apartments and homes in Elwood, NE
Frequently Asked Questions about Cheap Elwood Apartments
How much is rent for a Cheap One Bedroom Elwood Apartment?
The lowest price for a Cheap One Bedroom Elwood Apartment is $675 at Burlington Place.
What is the lowest price for a Cheap Two Bedroom Elwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elwood is starting from $825 at Westside.
What is the most affordable Elwood Three Bedroom Apartment?
The best deal on a cheap Elwood 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
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.
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.
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.
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.