
Cheap Apartments for Rent in Phelps County, NE from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Phelps County.


Iron Horse 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.

Burlington Place

Hill Street Townhomes
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.

Loomis Apartment Homes
Phelps County, NE Local Guide

How much does it cost to rent an apartment in Phelps County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phelps County 1 Bedroom Apartments | $890 | $675 | $995 |
| Phelps County 2 Bedroom Apartments | $1,071 | $750 | $1,325 |
| Phelps County 3 Bedroom Apartments | $930 | $930 | $930 |
Browse Apartments in Phelps County
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Cheapest Available Phelps County Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Iron Horse Flats | 14 | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Phelps County, NE
As of July 04, 2026 the best value apartment in the Phelps County area is the $1.47 price per square foot 14 Model at Iron Horse Flats in the starting from $1,250. The second greatest value Phelps County apartment is the 1 Bed 1 Bath Model at Burlington Place starting at $675 with a $1.01 price per square foot . Here is today’s list of the best values for Phelps County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Iron Horse Flats | 14 | 2BR,1BA | $1.47 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $1.01 |
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.