
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.


Burlington Place
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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.

Hill Street Townhomes

Loomis Apartment Homes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

6th Ave Flats
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 Studio Apartments | $795 | $795 | $795 |
| Phelps County 1 Bedroom Apartments | $775 | $675 | $875 |
| Phelps County 2 Bedroom Apartments | $885 | $750 | $1,050 |
| Phelps County 3 Bedroom Apartments | $930 | $930 | $930 |
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Cheapest Available Phelps County Apartments for Rent
 The cheapest available apartment rental in Phelps County, NE is a 1 Bed unit found at Burlington Place priced from $675. Iron Horse Flats has the second lowest priced unit, which is a Studio apartment currently listed from $795. Here is today’s list of the most affordable 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 | 18 | Studio,1BA | $795 |
| 1104 Residences | 2-Bedroom | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Phelps County, NE
As of February 18, 2026 the best value apartment in the Phelps County area is the $0.84 price per square foot 2-Bedroom Model at 1104 Residences in the starting from $1,050. 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. |
|---|---|---|---|
| 1104 Residences | 2-Bedroom | 2BR,1BA | $0.84 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $1.01 |
| Iron Horse Flats | 18 | Studio ,1BA | $1.99 |
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.