
Cheap Apartments for Rent near Petersburg, NE from $690 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersburg.


The Residences @ Liberty Campus-55+ Community

Prospect Ridge Apartments

150 Poppe Dr

LongLeaf Apartments

Erin Apartments

The Clark Apartments

Oak Park Apartments
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.

Kearney Apartment Homes

Village at Kearney Apartments

Westbrook Estates I

The Links

The Apartment Place

Fox Run Townhomes

Highland View Apartments

PLUM VILLA
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.

Bluestem Reserve Apartments

Walnut Housing, LLC

Maple Apartments LLC

East Park on Stuhr

Talon Apartments

The Sterling Apartments at Grand Island

Fairways at Lincoln

Gurney Flats
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.

Autumn Park Apartments

The Meadows on Salt Creek

Cherry Park

Residences at Oak Pointe

Cedar Ridge

Ridgeland Park Apartments in York

The Warwick

theVUE
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.

1017 Indian St

Leisure Apartments

208 E 5th St

603 S Washington St

701 Washington St

125 Walnut Ave

Grandview Apartments

The Crystal on C Ave
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.

310 S 6th St

215 Jackson

806 S 6th St
Petersburg, NE Local Guide

How much does it cost to rent an apartment in Petersburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Petersburg Studio Apartments | $1,052 | $725 | $1,250 |
| Petersburg 1 Bedroom Apartments | $1,242 | $690 | $1,895 |
| Petersburg 2 Bedroom Apartments | $1,474 | $750 | $2,545 |
| Petersburg 3 Bedroom Apartments | $1,600 | $955 | $2,495 |
| Petersburg 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Top Apartments in Petersburg
See all Apartments in PetersburgExplore Petersburg
Petersburg, NE Local Guide
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Cheapest Available Petersburg Apartments for Rent and Nearby
 The cheapest available apartment rental in Petersburg, NE is a 1 Bed unit found at Saracen Courts priced from $690. The Residences @ Liberty Campus-55+ Community 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 Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Saracen Courts | Unit 515 | 1BR,1BA | $690 |
| The Residences @ Liberty Campus-55+ Community | 1/1 | 1BR,1BA | $700 |
| Prospect Ridge Apartments | Studio | Studio,1BA | $725 |
| 150 Poppe Dr | Studio | Studio,1BA | $725 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $750 |
| Erin Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
| LongLeaf Apartments | 1 Bedroom | 1BR,1BA | $750 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $895 |
| Highland View Apartments | Bonsai | Studio,1BA | $910 |
| Village at Kearney Apartments | Two Bedroom Two Bath | 2BR,2BA | $940 |
Best Value Apartments for Rent in Petersburg, NE and Nearby
As of September 05, 2026 the best value apartment in the Petersburg 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 Petersburg apartment is the 2 Bed, 2 Bath Model at Residences at Oak Pointe starting at $1,289 with a $1.17 price per square foot . Here is today’s list of the best values for Petersburg 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 |
| Residences at Oak Pointe | 2 Bed, 2 Bath | 2BR,2BA | $1.17 |
| Autumn Park Apartments | Unit 2.2A | 2BR,2BA | $1.00 |
| Cherry Park | 2BR/1.0BA | 2BR,1BA | $1.18 |
| Cedar Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.20 |
| The Residences @ Liberty Campus-55+ Community | 2/1 | 2BR,1BA | $1.13 |
| The Apartment Place | 1BR/1BA | 1BR,1BA | $1.07 |
| Village at Kearney Apartments | Two Bedroom Two Bath | 2BR,2BA | $1.21 |
| The Clark Apartments | 1 Bed | 1BR,1BA | $1.03 |
| 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 ArticleNavigating 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.
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 Petersburg, NE Rentals by Map
See the most popular apartments and homes in Petersburg, NE
Frequently Asked Questions about Cheap Petersburg Apartments
What is the Cheapest Studio apartment in Petersburg?
Currently the most affordable Cheap Studio Apartment in Petersburg is at Prospect Ridge Apartments listed at $725.
How much is rent for a Cheap One Bedroom Petersburg Apartment?
The lowest price for a Cheap One Bedroom Petersburg Apartment is $690 at Saracen Courts.
What is the lowest price for a Cheap Two Bedroom Petersburg Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Petersburg is starting from $750 at Erin Apartments.
What is the most affordable Petersburg Three Bedroom Apartment?
The best deal on a cheap Petersburg 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.

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.

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.

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.