Cheap Apartments for Rent in Shelby, NE from $500 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
property at 208 E 5th St

208 E 5th St

YorkNE68467

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-24, Page 1 of 1

Shelby, NE Local Guide

Cheapest Available Shelby Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shelby, NE is a 4 Beds unit found at Latitude Lincoln in the University Place neighborhood priced from $599. The Grand Manse in the Haymarket neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$599
The Grand ManseAerie StudioStudio,1BA$700
MEADOW WOODOpen living space + spacious master1BR,1BA$755
Lakeview ParkCarter LakeStudio,1BA$794
Highland View ApartmentsBonsaiStudio,1BA$879

Best Value Apartments for Rent in Shelby, NE and Nearby

As of June 10, 2025 the best value apartment in the Shelby area is the $0.52 price per square foot 2.2a Model at Stadium Walk Apartments in the in the Woods Park neighborhood starting from $600. The second greatest value Shelby apartment is the Ashport & Northport Model at Bridgeport Apartments starting at $1,449 with a $1.26 price per square foot in the University Place neighborhood. Here is today’s list of the best values for Shelby apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stadium Walk Apartments2.2a2BR,2BA$0.52
Bridgeport ApartmentsAshport & Northport3BR,2BA$1.26
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$0.96
Ridgeland Park Apartments in YorkOmaha3BR,1BA$1.15
LINQ Portfolio2 bedroom unit2BR,1BA$1.03
Lakeside Village Apartment HomesA2R1BR,1BA$1.36
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
Ridge Hollow ApartmentsOne Bedroom One Bath1BR,1BA$1.25
Union at Middle Creek1BD1BR,1BA$1.34

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Shelby, NE

Ranked #124

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore Shelby, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Shelby, NE

View MapShelby, NE Apartments MapView MapShelby, NE Rental Homes Map

Getting Around Shelby, NE

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Shelby Apartments

What is the Cheapest Studio apartment in Shelby?

Currently the most affordable Cheap Studio Apartment in Shelby is at The Grand Manse listed at $700.

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

The lowest price for a Cheap One Bedroom Shelby Apartment is $755 at MEADOW WOOD.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shelby is starting from $905 at MEADOW WOOD.

What is the most affordable Shelby Three Bedroom Apartment?

The best deal on a cheap Shelby Three Bedroom Apartment rental is at Marshall Apartments and starts from $940.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.