
Cheap Apartments for Rent in Wallace, NE from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Wallace.


Westside

North Park Apartments

Burlington Place

The Cooper Apartment Homes

The Preston

Crestview
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.

Lakeside

Oak View Apartments

Heartland Flats Alliance

Iron Horse Flats

South Platte Terrace Apartments

Kelley Creek

Sandridge Apartments
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.

7 Dana Ave

Wheatridge Apartments

Pine Village

Vintage Rows

Bel Apartments

409 4th St

Water Tower Residences
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.

Loomis Apartment Homes
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 | $849 | $849 | $849 |
| Wallace 1 Bedroom Apartments | $1,107 | $500 | $1,300 |
| Wallace 2 Bedroom Apartments | $1,299 | $575 | $1,699 |
| Wallace 3 Bedroom Apartments | $1,479 | $930 | $1,750 |
| Wallace 4 Bedroom Apartments | $1,500 | $1,500 | $1,500 |
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 Great Plains Apartments priced from $500. Burlington Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Wallace apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $500 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $675 |
| The Cooper Apartment Homes | 1-Bedroom | 1BR,1BA | $699 |
| Westside | 1 Bed 1 Bath | 1BR,1BA | $700 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $700 |
Best Value Apartments for Rent in Wallace, NE and Nearby
As of May 04, 2026 the best value apartment in the Wallace area is the $1.10 price per square foot 2 Bedroom Model at 6th Dimension Apartments in the starting from $995. The second greatest value Wallace apartment is the 2 Bed 1.5 Bath Model at Kelley Creek starting at $900 with a $1.02 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. |
|---|---|---|---|
| 6th Dimension Apartments | 2 Bedroom | 2BR,1BA | $1.10 |
| Kelley Creek | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.02 |
| Lakeside | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.12 |
| Cross Creek Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.34 |
| South Platte Terrace Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| Crestview | 1 Bed 1 Bath | 1BR,1BA | $1.00 |
| Burlington Place | 1 Bed 1 Bath | 1BR,1BA | $1.01 |
| Westside | 1 Bed 1 Bath | 1BR,1BA | $1.05 |
| Great Plains Apartments | 1 Bed 1 Bath | 1BR,1BA | $0.77 |
| The Cooper Apartment Homes | 1-Bedroom | 1BR,1BA | $1.17 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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 Wallace, NE Rentals by Map
See the most popular apartments and homes in Wallace, NE
Frequently Asked Questions about Cheap Wallace Apartments
How much is rent for a Cheap One Bedroom Wallace Apartment?
The lowest price for a Cheap One Bedroom Wallace Apartment is $500 at Great Plains 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 $575 at Great Plains Apartments.
What is the most affordable Wallace Three Bedroom Apartment?
The best deal on a cheap Wallace Three Bedroom Apartment rental is at Cross Creek Apartments and starts from $1,499.
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.