
Cheap Apartments for Rent in Wallace, NE from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.


917 7th Ave

Lakeside
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.

Vintage Rows

Heartland Flats Alliance

Allura Gardens Apartments

1529 Illinois St

South Platte Terrace Apartments

6th Dimension Apartments

Pacific Place Apartments
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.

521 N 1st St

Sandridge Apartments

903 E 5th St

406 W 4th Ave
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Wallace, NE Local Guide

How much does it cost to rent an apartment in Wallace?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Wallace Studio Apartments | $909 | $799 | $1,125 |
Wallace 1 Bedroom Apartments | $1,063 | $500 | $1,275 |
Wallace 2 Bedroom Apartments | $1,183 | $575 | $1,699 |
Wallace 3 Bedroom Apartments | $1,208 | $900 | $1,700 |
Browse Top Apartments in Wallace
See all Apartments in WallaceExplore Wallace
Wallace, NE Local Guide
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Cheapest Available Wallace Apartments for Rent and Nearby
 The cheapest available apartment rental in Wallace, NE is a 1 Bed unit found at Oak View Apartments priced from $600. Burlington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Wallace apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $600 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $645 |
Crestview | 1 Bed 1 Bath | 1BR,1BA | $700 |
Allura Gardens Apartments | One Bedroom - Upper | 1BR,1BA | $800 |
Water Tower Residences | Studio | Studio,1BA | $815 |
Best Value Apartments for Rent in Wallace, NE and Nearby
As of May 21, 2025 the best value apartment in the Wallace area is the $1.46 price per square foot Harlan Model at Victory Village on Lakeview in the starting from $1,500. The second greatest value Wallace apartment is the 2 Bed 1.5 Bath Model at Lakeside starting at $730 with a $0.87 price per square foot . Here is today’s list of the best values for Wallace apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Victory Village on Lakeview | Harlan | 2BR,2BA | $1.46 |
Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.87 |
Westside | 2 Bed 1 Bath | 2BR,1BA | $0.74 |
6th Dimension Apartments | 1 Bedroom | 1BR,1BA | $1.18 |
South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
Crestview | 1 Bed 1 Bath | 1BR,1BA | $1.00 |
Sandridge Apartments | Unit 1C | 1BR,1BA | $1.38 |
Allura Gardens Apartments | Two Bedroom - Garden | 2BR,1BA | $1.26 |
Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $0.97 |
Oak View Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.96 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wallace, NE Rentals by Map
See the most popular apartments and homes in Wallace, NE
Getting Around Wallace, NE
Walk Score®
9 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 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 Wallace Apartments
What is the Cheapest Studio apartment in Wallace?
Currently the most affordable Cheap Studio Apartment in Wallace is at Water Tower Residences listed at $815.
How much is rent for a Cheap One Bedroom Wallace Apartment?
The lowest price for a Cheap One Bedroom Wallace Apartment is $600 at Oak View Apartments.
What is the lowest price for a Cheap Two Bedroom Wallace Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wallace is starting from $700 at Oak View Apartments.
What is the most affordable Wallace Three Bedroom Apartment?
The best deal on a cheap Wallace Three Bedroom Apartment rental is at Westside and starts from $925.
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.

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.

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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.