Cheap Apartments for Rent in Grand Island, NE from $300 (45 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Island.

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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Kingswood Estates
2 to 3 Bedroom Apartments

Kingswood Estates

2323 Bellwood DrGrand Island, NE 68801

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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West Park Plaza
2 to 3 Bedroom Apartments

West Park Plaza

129 Melody LnGrand Island, NE 68803
property at 2500 W 24th St

$975

3 Bedroom, 1 Bath Home for Rent

Available Now

2500 W 24th St

KearneyNE68845

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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property at 208 E 5th St

$600 - $995

Studio To 2 Bedroom Rentals

Available Now

208 E 5th St

YorkNE68467

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.

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Iron Horse Flats
Studio to 3 Bedroom Apartments

Iron Horse Flats

201 West AveHoldrege, NE 68949
Corporate Housing
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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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The Logan on 11th
1 to 3 Bedroom Apartments

The Logan on 11th

1103 11th AveHoldrege, NE 68949
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6th Ave Flats
1 to 2 Bedroom Apartments

6th Ave Flats

604 6th AveHoldrege, NE 68949
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1104 Residences
2 Bedroom Apartments

1104 Residences

1104 East AveHoldrege, NE 68949
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832 Flats
2 Bedroom Apartments

832 Flats

322 E 6th StMinden, NE 68959

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.

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Showing Results 1-45, Page 1 of 1

Grand Island, NE Local Guide

Cheapest Available Grand Island Apartments for Rent

 

The cheapest available apartment rental in Grand Island, NE is a 1 Bed unit found at Burlington Place priced from $675. The Residences at Liberty Campus 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 Grand Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burlington Place1 Bed 1 Bath1BR,1BA$675
The Residences at Liberty Campus1/11BR,1BA$700
Old WalnutStudioStudio,1BA$745
Riverbend Apartment Homes1/11BR,1BA$790
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
Talon ApartmentsThe Phillips1BR,1BA$1,049
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1,050

Best Value Apartments for Rent in Grand Island, NE

As of April 28, 2026 the best value apartment in the Grand Island area is the $1.16 price per square foot 3 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,699. The second greatest value Grand Island apartment is the 315 W Koenig St Model at 315 W Koenig St, Unit 1/2 starting at $900 with a $0.68 price per square foot . Here is today’s list of the best values for Grand Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residences at Oak Pointe3 Bed, 2 Bath3BR,2BA$1.16
315 W Koenig St, Unit 1/2315 W Koenig St3BR,1BA$0.68
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1.01
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
The Residences at Liberty Campus2/12BR,1BA$1.13
Ridgeland Park Apartments in YorkYork2BR,1BA$1.34
Riverbend Apartment Homes1/11BR,1BA$0.97
Burlington Place1 Bed 1 Bath1BR,1BA$1.01
375 N Walnut St, Unit 2375 N Walnut St1BR,1BA$1.17

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.

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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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The 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.

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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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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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Best Local Schools in
Grand Island, NE

School data provided by Great Schools

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

Explore Grand Island, NE Rentals by Map

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See the most popular apartments and homes in Grand Island, NE

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Frequently Asked Questions about Cheap Grand Island Apartments

What is the Cheapest Studio apartment in Grand Island?

Currently the most affordable Cheap Studio Apartment in Grand Island is at Old Walnut listed at $745.

How much is rent for a Cheap One Bedroom Grand Island Apartment?

The lowest price for a Cheap One Bedroom Grand Island Apartment is $675 at Burlington Place.

What is the lowest price for a Cheap Two Bedroom Grand Island Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Island is starting from $890 at Riverbend Apartment Homes.

What is the most affordable Grand Island Three Bedroom Apartment?

The best deal on a cheap Grand Island Three Bedroom Apartment rental is at Riverbend Apartment Homes and starts from $1,015.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.