Cheap Apartments for Rent near Shelby, NE from $539 (27 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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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.

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property at 515 W Saunders Ave
$785 - $995
1 To 2 Bedroom Rentals
Available Now
Affordability

515 W Saunders Ave

LincolnNE68521
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Lakeview Park
Studio to 3 Bedroom Apartments

Lakeview Park

510 Surfside DrLincoln, NE 68528
Corporate Housing
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LINQ Portfolio
2 Bedroom Apartments

LINQ Portfolio

535 W Saunders AveLincoln, NE 68521
  • Utilities Included

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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property at 650 E 12th St
$975 - $1,025
2 Bedroom Rentals
Available Now

650 E 12th St

YorkNE68467
Showing Results 1-27, 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 Haymarket neighborhood priced from $699. LivRed in the Haymarket neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $775. Here is today’s list of the most affordable Shelby apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Latitude Lincoln4BR/3BA - C Premium4BR,3BA$699
LivRedD1 - 4x44BR,4BA$775
Parkview Apartments1BD ADA1BR,1BA$820
Aspen Haus1 Beds, 1 Baths1BR,1BA$865
Highland View ApartmentsBonsaiStudio,1BA$910
Union at Middle Creek1BD1BR,1BA$971
Heartland Flats LincolnJuniperStudio,1BA$973
Folsom RidgeOne Bedroom1BR,1BA$975
Waterbrook2x2 Affordable2BR,2BA$985
Black Sand Apartment HomesOne Bedroom1BR,1BA$1,014

Best Value Apartments for Rent in Shelby, NE and Nearby

As of September 09, 2026 the best value apartment in the Shelby area is the $1.23 price per square foot C1R Model at Lakeside Village Apartment Homes in the in the West A neighborhood starting from $1,710. The second greatest value Shelby apartment is the D1 - 4x4 Model at LivRed starting at $775 with a $0.60 price per square foot in the Haymarket 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.
Lakeside Village Apartment HomesC1R3BR,2BA$1.23
LivRedD1 - 4x44BR,4BA$0.60
Fieldstone Place Apartments3 Bedroom 1.5 Bath3BR,1.5BA$1.26
The Quarters LincolnC - 3x33BR,3BA$0.64
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.14
Cottonwood Creek ApartmentsL2AC60BR2BR,2BA$1.29
Meadow WoodB3 - Cedar2BR,1BA$1.22
Ridge Hollow ApartmentsTwo Bedroom One Bath2BR,1BA$1.18
Ridgeland Park Apartments in YorkYork2BR,1BA$1.34

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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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 Shelby, NE Rentals by Map

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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 Highland View Apartments listed at $910.

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

The lowest price for a Cheap One Bedroom Shelby Apartment is $820 at Parkview Apartments.

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 $925 at Parkview Apartments.

What is the most affordable Shelby Three Bedroom Apartment?

The best deal on a cheap Shelby Three Bedroom Apartment rental is at Union at Middle Creek and starts from $1,199.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.