
Cheap Homes for Rent in Wakefield, NE from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Wakefield.


503 W Phillip Ave

1920 Locust St

2417 S St Aubin St
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.

1312 Westgate Dr

2223 Douglas St

708 16th St

1617 E Military Ave
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.
Wakefield, NE Local Guide

How much does it cost to rent a home in Wakefield?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wakefield 2 Bedroom Homes for Rent | $1,392 | $875 | $1,850 |
| Wakefield 3 Bedroom Homes for Rent | $1,755 | $1,100 | $3,595 |
| Wakefield 4 Bedroom Homes for Rent | $1,666 | $1,300 | $1,900 |
Browse Top Homes for Rent in Wakefield
Explore Wakefield
Wakefield, NE Local Guide
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Cheapest Available Wakefield Apartments for Rent and Nearby
 The cheapest available apartment rental in Wakefield, NE is a 1 Bed unit found at Dakota Bend I & II priced from $725. Erin Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here is today’s list of the most affordable Wakefield apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dakota Bend I & II | DB 2 - 1 Bedroom | 1BR,1BA | $725 |
| Erin Apartments | 2 Beds, 1 bath | 2BR,1BA | $750 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $900 |
Best Value Apartments for Rent in Wakefield, NE and Nearby
As of May 28, 2026 the best value apartment in the Wakefield area is the $0.93 price per square foot 3 Bedrooms / 1 1/2 Bathrooms Townhome Model at Gatewood Estates in the starting from $1,256. The second greatest value Wakefield apartment is the Riverside Model at The Summit at Sunnybrook Village starting at $1,485 with a $1.34 price per square foot . Here is today’s list of the best values for Wakefield apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Gatewood Estates | 3 Bedrooms / 1 1/2 Bathrooms Townhome | 3BR,1BA | $0.93 |
| The Summit at Sunnybrook Village | Riverside | 2BR,2BA | $1.34 |
| Dakota Prairie Apartments | Two Bedroom, Two Bath | 2BR,2BA | $1.15 |
| Woodbury Heights | Two Bedroom | 2BR,1BA | $1.20 |
| Lincoln Woods | 2 Bedroom Updated | 2BR,1BA | $1.06 |
| Floyd River Flats | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.25 |
| McCook Apartments | Rent Special - 2 Bedroom 1 Bath | 2BR,1BA | $1.33 |
| The Arbors | Sapling | 1BR,1BA | $1.35 |
| Wellington At The Dunes | Open living space + spacious master with vaulte... | 1BR,1BA | $1.31 |
| Five Sons Apartments | 1 Bed | 1BR,1BA | $1.38 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wakefield, NE Rentals by Map
See the most popular apartments and homes in Wakefield, NE
Frequently Asked Questions about Wakefield
What type of rentals are currently available in Wakefield?
There are currently 45 Apartments for Rent in Wakefield, NE with pricing that ranges from $725 to $3,704. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wakefield ranging from $695 to $3,595.
What is the current price range for Rental Homes in Wakefield?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Wakefield ranges from $695 to $3,595 with an average monthly rent of $1,291.
How much are larger Three and Four Bedroom Rentals in Wakefield?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Wakefield range from $1,000 to $3,704, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $3,595. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,400.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.