Cheap Apartments for Rent in Phillips, NE from $700 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in Phillips.

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.

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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.

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property at 208 E 5th St

$600 - $995

Studio To 2 Bedroom Rentals

Available Now

208 E 5th St

YorkNE68467

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.

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535 Flats
Studio to 4 Bedroom Apartments

535 Flats

535 N Minden AveMinden, NE 68959
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832 Flats
2 Bedroom Apartments

832 Flats

322 E 6th StMinden, NE 68959

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-28, Page 1 of 1

Phillips, NE Local Guide

Cheapest Available Phillips Apartments for Rent and Nearby

 

The cheapest available apartment rental in Phillips, 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 Phillips apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Residences at Liberty Campus1/11BR,1BA$700
Old WalnutStudioStudio,1BA$745
HANGAR 55 AT THEATRE DISTRICTTetonStudio,1BA$965
Talon ApartmentsThe Phillips1BR,1BA$1,049
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1,050
Pioneer Trail FlatsThe Napa1BR,1BA$1,075
Cedar Ridge2 Bed 2 Bath2BR,2BA$1,080
Ridgeland Park Apartments in YorkYork2BR,1BA$1,095
Legacy 34Morgan1BR,1BA$1,100
The Sterling Apartments at Grand IslandBristolStudio,1BA$1,125

Best Value Apartments for Rent in Phillips, NE and Nearby

As of April 25, 2026 the best value apartment in the Phillips area is the $1.16 price per square foot 3 Bed, 2 Bath Model at Residences at Oak Pointe in the starting from $1,699. The second greatest value Phillips apartment is the 3 Bedroom Model at LongLeaf Apartments starting at $1,145 with a $1.04 price per square foot . Here is today’s list of the best values for Phillips apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Residences at Oak Pointe3 Bed, 2 Bath3BR,2BA$1.16
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
Village at Kearney ApartmentsThree Bedroom Two Bath3BR,2BA$1.01
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
The Residences at Liberty Campus2/12BR,1BA$1.13
Ridgeland Park Apartments in YorkYork2BR,1BA$1.34
Pioneer Trail FlatsThe Napa1BR,1BA$1.43
Flats at 5thLinden1BR,1BA$1.79
HANGAR 55 AT THEATRE DISTRICTTetonStudio ,1BA$1.68
Old WalnutStudioStudio ,1BA$1.84

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Phillips, NE Rentals by Map

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Frequently Asked Questions about Cheap Phillips Apartments

What is the Cheapest Studio apartment in Phillips?

Currently the most affordable Cheap Studio Apartment in Phillips is at Old Walnut listed at $745.

How much is rent for a Cheap One Bedroom Phillips Apartment?

The lowest price for a Cheap One Bedroom Phillips Apartment is $700 at The Residences at Liberty Campus.

What is the lowest price for a Cheap Two Bedroom Phillips Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Phillips is starting from $995 at Old Walnut.

What is the most affordable Phillips Three Bedroom Apartment?

The best deal on a cheap Phillips Three Bedroom Apartment rental is at Village at Kearney Apartments and starts from $1,050.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.