
Cheap Apartments for Rent near Hershey, NE from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Hershey.


Total Monthly Price
631 Illinois St, Unit E

North Park Apartments

Burlington Place

The Preston

Crestview

Lakeside
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.

Oak View Apartments

208 Sunrise Rd

South Platte Terrace Apartments

Kearney Apartment Homes

Village at Kearney Apartments

Sandridge Apartments

Loomis Apartment Homes

Iron Horse Flats
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.

Heartland Flats Alliance

Kelley Creek

7 Dana Ave

113 S 6th St

Wheatridge Apartments

509 E 2nd St

38561 Pheasant Trl

906 East E Street
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.

510 E 2nd St

Vintage Rows

Bel Apartments

Grandview Apartments

Water Tower Residences

611 Tri-Plex

601 N Custer Ave

535 Flats
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.

305 E N St

The Cooper Apartment Homes
Hershey, NE Local Guide

How much does it cost to rent an apartment in Hershey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hershey Studio Apartments | $1,159 | $899 | $1,249 |
| Hershey 1 Bedroom Apartments | $1,110 | $500 | $1,799 |
| Hershey 2 Bedroom Apartments | $1,357 | $575 | $2,545 |
| Hershey 3 Bedroom Apartments | $1,400 | $930 | $1,860 |
| Hershey 4 Bedroom Apartments | $1,550 | $1,550 | $1,550 |
Browse Top Apartments in Hershey
See all Apartments in HersheyExplore Hershey
Hershey, NE Local Guide
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Cheapest Available Hershey Apartments for Rent and Nearby
 The cheapest available apartment rental in Hershey, NE is a 1 Bed unit found at Great Plains Apartments priced from $500. Westside has the second lowest priced unit, which is a 2 Beds apartment currently listed from $615. Here is today’s list of the most affordable Hershey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $500 |
| Westside | 2 Bed 1 Bath | 2BR,1BA | $615 |
| The Preston | 1-Bedroom | 1BR,1BA | $699 |
| South Platte Terrace Apartments | 2 Bedroom | 2BR,1BA | $820 |
| Crestview | 2 Bed 1.5 Bath | 2BR,1BA | $835 |
| Lakeside | 2 Bed 1 Bath | 2BR,1BA | $880 |
| The Cooper Apartment Homes | 2-Bedroom | 2BR,1BA | $899 |
| Kearney Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $900 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Hershey, NE and Nearby
As of August 13, 2026 the best value apartment in the Hershey area is the $0.82 price per square foot 2 Bed 2 Bath Loft Model at Westside in the starting from $870. The second greatest value Hershey apartment is the 3 Bedroom Model at South Platte Terrace Apartments starting at $1,075 with a $1.02 price per square foot . Here is today’s list of the best values for Hershey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Westside | 2 Bed 2 Bath Loft | 2BR,2BA | $0.82 |
| South Platte Terrace Apartments | 3 Bedroom | 3BR,2BA | $1.02 |
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| Crestview | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.99 |
| Village at Kearney Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.21 |
| The Cooper Apartment Homes | 2-Bedroom | 2BR,1BA | $1.16 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.77 |
| 631 Illinois St, Unit E | 631 Illinois St | 1BR,1BA | $1.00 |
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 ArticleReal 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hershey, NE Rentals by Map
See the most popular apartments and homes in Hershey, NE
Frequently Asked Questions about Cheap Hershey Apartments
How much is rent for a Cheap One Bedroom Hershey Apartment?
The lowest price for a Cheap One Bedroom Hershey Apartment is $500 at Great Plains Apartments.
What is the lowest price for a Cheap Two Bedroom Hershey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hershey is starting from $575 at Great Plains Apartments.
What is the most affordable Hershey Three Bedroom Apartment?
The best deal on a cheap Hershey 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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.
