Cheap Apartments for Rent near Magnet, NE from $500 (35 Rentals)

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

property at 531 Korb St

$575

Total Monthly Price

Total Monthly Price

Base Rent
$575
Total Monthly Price
$575

1 Bedroom, 1 Bath Condo for Rent

Available Now

531 Korb St

ScotlandSD57059
property at 506 S 7th St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650
Total Monthly Price
$650

4 Bedroom, 2 Bath Home for Rent

Available Aug 1

506 S 7th St

NorfolkNE68701

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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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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property at 403 N Maple St

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945
Total Monthly Price
$945

2 Bedroom, 1 Bath Home for Rent

Available Now

403 N Maple St

OsmondNE68765

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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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included
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Gatewood Estates
Studio to 3 Bedroom Apartments

Gatewood Estates

627 Streeter DrNorth Sioux City, SD 57049
  • Utilities Included

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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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
  • Utilities Included
Showing Results 1-35, Page 1 of 1

Magnet, NE Local Guide

Cheapest Available Magnet Apartments for Rent and Nearby

 

The cheapest available apartment rental in Magnet, NE is a 2 Beds unit found at Erin Apartments priced from $750. The Links has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here is today’s list of the most affordable Magnet apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Erin Apartments2 Beds, 1 bath2BR,1BA$750
The LinksStudioStudio,1BA$850
The Apartment Place1BR/1BA1BR,1BA$895
Five Sons Apartments1 Bed1BR,1BA$900
The ArborsSapling1BR,1BA$949
PLUM VILLAUnit B2BR,1BA$950
Wellington At The DunesOpen living space + spacious master with vaulte...1BR,1BA$950
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$970
Woodbury HeightsTwo Bedroom2BR,1BA$975
SolaraTawnyStudio,1BA$979

Best Value Apartments for Rent in Magnet, NE and Nearby

As of July 29, 2026 the best value apartment in the Magnet area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Magnet apartment is the Two Bedroom, Two Bath Model at Dakota Prairie Apartments starting at $1,250 with a $1.15 price per square foot . Here is today’s list of the best values for Magnet apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Dakota Prairie ApartmentsTwo Bedroom, Two Bath2BR,2BA$1.15
Prairie Park Apartments2 Bed, 2 Bath2BR,2BA$1.24
Woodbury HeightsTwo Bedroom2BR,1BA$0.98
Copper Flats2BR/1.0BA2BR,1BA$1.12
Gatewood Estates2 Bedrooms / 1 1/2 Bathrooms Townhome2BR,1BA$1.31
The Apartment Place1BR/1BA1BR,1BA$1.07
Floyd River Flats1 Bed 1 Bath Apartment1BR,1BA$1.21
PLUM VILLAUnit B2BR,1BA$1.25
The ArborsSapling1BR,1BA$1.29

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

Explore Magnet, NE Rentals by Map

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Frequently Asked Questions about Cheap Magnet Apartments

What is the Cheapest Studio apartment in Magnet?

Currently the most affordable Cheap Studio Apartment in Magnet is at The Links listed at $850.

How much is rent for a Cheap One Bedroom Magnet Apartment?

The lowest price for a Cheap One Bedroom Magnet Apartment is $895 at The Apartment Place.

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

Today's best deal for a Cheap Two Bedroom Apartment in Magnet is starting from $750 at Erin Apartments.

What is the most affordable Magnet Three Bedroom Apartment?

The best deal on a cheap Magnet Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.