Cheap Apartments for Rent in Grand Island, NE from $675 (28 Rentals)

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Kingswood Estates
2 to 3 Bedroom Apartments

Kingswood Estates

2323 Bellwood DrGrand Island, NE 68801

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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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611 Tri-Plex
2 to 4 Bedroom Apartments

611 Tri-Plex

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

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.

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 The Residences @ Liberty Campus-55+ Community priced from $700. LongLeaf Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Grand Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences @ Liberty Campus-55+ Community1/11BR, 1BA$700
LongLeaf Apartments1 Bedroom1BR, 1BA$750
Burlington Place2 Bed 2 Bath Loft2BR, 2BA$855
Riverbend Apartment Homes2/22BR, 2BA$910
Village at Kearney ApartmentsTwo Bedroom Two Bath2BR, 2BA$940
HANGAR 55 AT THEATRE DISTRICTTetonStudio, 1BA$965
Walnut Housing, LLC2BR/1.0BA2BR, 1BA$995
The Sterling Apartments at Grand IslandBristol Garden LevelStudio, 1BA$1,049
Cherry Park2BR/1.0BA2BR, 1BA$1,065
Pioneer Trail FlatsThe Napa1BR, 1BA$1,075

Best Value Apartments for Rent in Grand Island, NE

As of September 17, 2026 the best value apartment in the Grand Island area is the $1.16 price per square foot 2923 W Louise St Model at 2923 W Louise St, Unit 2 starting from $1,395. The second greatest value Grand Island apartment is the 2/2 Model at Riverbend Apartment Homes starting at $910 with a $0.83 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.
2923 W Louise St, Unit 22923 W Louise St3BR, 1BA$1.16
Riverbend Apartment Homes2/22BR, 2BA$0.83
Residences at Oak Pointe2 Bed, 2 Bath2BR, 2BA$1.27
Burlington Place2 Bed 2 Bath Loft2BR, 2BA$0.80
Autumn Park ApartmentsUnit 2.2A2BR, 2BA$1.10
Cherry Park2BR/1.0BA2BR, 1BA$1.18
Cedar Ridge2 Bed 2 Bath2BR, 2BA$1.20
The Residences @ Liberty Campus-55+ Community2/12BR, 1BA$1.13
Village at Kearney ApartmentsTwo Bedroom Two Bath2BR, 2BA$1.21
LongLeaf Apartments1 Bedroom1BR, 1BA$1.06

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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Navigating 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.

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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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Grand Island, NE Area Reviews

    Shelli1+ years in Grand Island

    May 19, 2026

    I want to live closer to my daughter and her family.

    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 HANGAR 55 AT THEATRE DISTRICT listed at $965.

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

    The lowest price for a Cheap One Bedroom Grand Island Apartment is $700 at The Residences @ Liberty Campus-55+ Community.

    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 $855 at Burlington Place.

    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 $955.

    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

    decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

    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.

    decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

    How Commercial-to-Residential Property Conversions Help the Housing Crisis

    Written by: Robin Stewart

    Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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    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.

    decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

    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.