
Cheap Apartments for Rent near Petersburg, NE from $500 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Petersburg.


Saracen Courts

The Residences at Liberty Campus

Prospect Ridge Apartments

150 Poppe Dr

Old Walnut
Rent According to Income: A Look at Income-Restricted Rentals
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Erin Apartments

LongLeaf Apartments

Village at Kearney Apartments

Westbrook Estates I

The Links

The Apartment Place
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.

Fox Run Townhomes

Kearney Apartment Homes

102 US-20

Leisure Apartments

208 E 5th St

507 S Railroad Ave
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.

150 Poppe Dr

701 Washington 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 | $1,056 | $605 | $1,500 |
| Petersburg 1 Bedroom Apartments | $1,262 | $690 | $2,095 |
| Petersburg 2 Bedroom Apartments | $1,524 | $750 | $2,545 |
| Petersburg 3 Bedroom Apartments | $1,570 | $955 | $2,342 |
| Petersburg 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Top Apartments in Petersburg
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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 The Residences at Liberty Campus priced from $700. Prospect Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Petersburg apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Residences at Liberty Campus | 1/1 | 1BR,1BA | $700 |
| Prospect Ridge Apartments | Studio | Studio,1BA | $725 |
| 150 Poppe Dr | Studio | Studio,1BA | $725 |
| Old Walnut | Studio | Studio,1BA | $745 |
| Erin Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
Best Value Apartments for Rent in Petersburg, NE and Nearby
As of July 22, 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 $1,399 with a $1.27 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 | $1.27 |
| Autumn Park Apartments | Unit 2.2A | 2BR,2BA | $1.05 |
| Village at Kearney Apartments | Three Bedroom Two Bath | 3BR,2BA | $1.01 |
| 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 |
| Maple Apartments LLC | UNIT 13 | 2BR,1BA | $1.31 |
| PLUM VILLA | Unit B | 2BR,1BA | $1.25 |
| 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 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 $700 at The Residences at Liberty Campus.
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 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

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.

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.

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.