
Cheap Apartments for Rent near Palmer, NE from $500 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Palmer.


Burlington Place

The Residences at Liberty Campus

Old Walnut

LongLeaf Apartments

Kearney Apartment Homes

Village at Kearney Apartments

The Apartment Place

Regency Heights
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.

HANGAR 55 AT THEATRE DISTRICT

East Park on Stuhr

Village Plaza Homes

The Sterling Apartments at Grand Island

Talon Apartments

Maple Apartments LLC

Residences at Oak Pointe

Pioneer Trail Flats

The Theatre District 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.

Cedar Ridge

Ridgeland Park Apartments in York

Cherry Park

Legacy Bend

Prairie Park Apartments

The Warwick

832 Flats

Nyla Creek Apartments

Flats at 5th
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.

The Sterling Apartments At Kearney

Leisure Apartments

208 E 5th St

701 Washington St

611 Tri-Plex

210 N Phillips Ave

535 Flats

Iron Horse Flats

The Logan on 11th
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.

Loomis Apartment Homes

424 N 4th St

74980 444th Rd

Grandview Apartments

2703 W 24th St

The Crystal on C Ave

310 S 6th St

650 E 12th St

Prairie View - Kearney
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.

1104 Residences

Hill Street Townhomes
Palmer, NE Local Guide

How much does it cost to rent an apartment in Palmer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palmer Studio Apartments | $1,070 | $605 | $1,500 |
| Palmer 1 Bedroom Apartments | $1,254 | $675 | $1,845 |
| Palmer 2 Bedroom Apartments | $1,508 | $750 | $2,545 |
| Palmer 3 Bedroom Apartments | $1,376 | $930 | $2,495 |
Browse Top Apartments in Palmer
See all Apartments in PalmerExplore Palmer
Palmer, NE Local Guide
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Cheapest Available Palmer Apartments for Rent and Nearby
 The cheapest available apartment rental in Palmer, NE is a 1 Bed unit found at The Residences at Liberty Campus priced from $700. Old Walnut has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Palmer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at Liberty Campus | 1/1 | 1BR,1BA | $700 |
| Old Walnut | Studio | Studio,1BA | $745 |
| LongLeaf Apartments | 1 Bedroom | 1BR,1BA | $750 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $895 |
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $955 |
| HANGAR 55 AT THEATRE DISTRICT | Teton | Studio,1BA | $965 |
| Regency Heights | 3 Bed 1 Bath | 3BR,1BA | $980 |
| The Sterling Apartments at Grand Island | Bristol Garden Level | Studio,1BA | $1,049 |
| Talon Apartments | The Phillips (Lakeside) | 1BR,1BA | $1,049 |
| Maple Apartments LLC | UNIT 13 | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Palmer, NE and Nearby
As of August 03, 2026 the best value apartment in the Palmer 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 Palmer apartment is the 3 Bed 1 Bath Model at Regency Heights starting at $980 with a $0.89 price per square foot . Here is today’s list of the best values for Palmer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 414 W Phillip Ave | 2 Beds, 1 bath | 2BR,1BA | $1.16 |
| Regency Heights | 3 Bed 1 Bath | 3BR,1BA | $0.89 |
| Prairie Park Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.24 |
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $0.92 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Residences at Liberty Campus | 2/1 | 2BR,1BA | $1.13 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| Ridgeland Park Apartments in York | York | 2BR,1BA | $1.34 |
| Maple Apartments LLC | UNIT 13 | 2BR,1BA | $1.31 |
| LongLeaf Apartments | 1 Bedroom | 1BR,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.
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 Palmer, NE Rentals by Map
See the most popular apartments and homes in Palmer, NE
Frequently Asked Questions about Cheap Palmer Apartments
What is the Cheapest Studio apartment in Palmer?
Currently the most affordable Cheap Studio Apartment in Palmer is at Old Walnut listed at $745.
How much is rent for a Cheap One Bedroom Palmer Apartment?
The lowest price for a Cheap One Bedroom Palmer Apartment is $700 at The Residences at Liberty Campus.
What is the lowest price for a Cheap Two Bedroom Palmer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Palmer is starting from $900 at LongLeaf Apartments.
What is the most affordable Palmer Three Bedroom Apartment?
The best deal on a cheap Palmer 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.