Cheap Apartments for Rent in Grand Island, NE from $300 (37 Rentals)

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

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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Kingswood Estates
2 to 3 Bedroom Apartments

Kingswood Estates

2323 Bellwood DrGrand Island, NE 68801
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Temple Lofts
1 to 2 Bedroom Apartments

Temple Lofts

210 N Walnut StGrand Island, NE 68801
  • Utilities Included

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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611 Tri-Plex
2 to 4 Bedroom Apartments

611 Tri-Plex

611 W 25th StKearney, NE 68845
Student Housing
  • Utilities Included

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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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

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

The Logan on 11th

1103 11th AveHoldrege, NE 68949

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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Showing Results 1-37, 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
LongLeaf Apartments1 Bedroom1BR,1BA$750
Riverbend Apartment Homes1/11BR,1BA$790
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
The Sterling Apartments at Grand IslandBristol Garden LevelStudio,1BA$1,049
Talon ApartmentsThe Phillips (Lakeside)1BR,1BA$1,049

Best Value Apartments for Rent in Grand Island, NE

As of July 27, 2026 the best value apartment in the Grand Island area is the $1.26 price per square foot 3/2 Model at Jaxson Sub Condo's in the starting from $1,700. The second greatest value Grand Island apartment is the 2 Bed, 2 Bath Model at Residences at Oak Pointe starting at $1,399 with a $1.27 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.
Jaxson Sub Condo's3/23BR,2BA$1.26
Residences at Oak Pointe2 Bed, 2 Bath2BR,2BA$1.27
2112 W 4th St, Unit 32112 W 4th St2BR,1BA$0.82
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
LongLeaf Apartments1 Bedroom1BR,1BA$1.06
Burlington Place1 Bed 1 Bath1BR,1BA$1.01

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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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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Grand Island, NE

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Remember the 3 Rules of Real Estate:
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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 $900 at LongLeaf Apartments.

What is the most affordable Grand Island Three Bedroom Apartment?

The best deal on a cheap Grand Island 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

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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.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.