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Grand Island, NE Condos for Rent

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  • 123 N Locust St Unit 407, Grand Island, NE 68801
    123 N Locust St Unit 407, Grand Island, NE 68801
    123 N Locust St Unit 407, Grand Island, NE 68801
    /32

    $1,500

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    123 N Locust St Unit 407, Grand Island, NE 68801

    Located in the heart of downtown Grand Island, this updated two bedroom, one bath condominium in The Yancey, available now and rents for $1500 & an additional $1500 for the deposit. The rent covers most utilities, internet, basic cable, some streaming apps, and one cable box thru Spectrum. Tenant only pays for electric and any upgraded cable features. No pets, and no smoking in the apartment.

    123 N Locust St Unit 407, Grand Island, NE 68801
  • 2112 W 4th St Unit 3, Grand Island, NE 68803
    2112 W 4th St Unit 3, Grand Island, NE 68803
    2112 W 4th St Unit 3, Grand Island, NE 68803
    /10

    $850

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft
    • Condo for Rent

    2112 W 4th St Unit 3, Grand Island, NE 68803

    UTILITIES INCLUDED Apartment For Rent! Some pets allowed with fee. Managed by Grand Island Realty.

    2112 W 4th St Unit 3, Grand Island, NE 68803
  • 3027 W Capital Ave, Grand Island, NE 68803
    3027 W Capital Ave, Grand Island, NE 68803
    3027 W Capital Ave, Grand Island, NE 68803
    /24

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 883 Sq Ft
    • New listing!

    3027 W Capital Ave, Grand Island, NE 68803

    Beautiful condo available at Windsor Square. 2 bed 1 bath with garage.

    3027 W Capital Ave, Grand Island, NE 68803
  • 4154 Montana Ave Unit 4154 Montana Ave, Grand Island, NE 68803
    4154 Montana Ave Unit 4154 Montana Ave, Grand Island, NE 68803
    4154 Montana Ave Unit 4154 Montana Ave, Grand Island, NE 68803
    /12

    $1,900 Per Month

    • 3 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • New Construction in Northwest Grand Island

    4154 Montana Ave Unit 4154 Montana Ave, Grand Island, NE 68803

    Welcome to 4154/4156 Montana Ave in Grand Island, NE — a well-equipped apartment offering practical, move-in ready living. The unit includes a full kitchen with a stove, refrigerator, microwave, and dishwasher, plus an in-home washer and dryer for added convenience. Thoughtfully laid out for everyday ease, this residence provides the essential appliances needed for comfortable living in a

    4154 Montana Ave Unit 4154 Montana Ave, Grand Island, NE 68803
Nebraska Hall County

Condos for Rent in Grand Island, NE

Frequently Asked Questions

How much does it cost to rent a condo in Grand Island, NE?
The median rent for a condo in Grand Island, NE is $1,375 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Grand Island, NE?
To comfortably afford the median rent in Grand Island, NE, a household needs to earn roughly $70,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,750 per month in Grand Island, NE, renters typically need to show $5,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Grand Island, NE?
In Grand Island, NE, the price-to-rent ratio is 12.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Grand Island, NE

There are currently 4 condos available for rent in Grand Island, NE. The median rent is $1,375 per month, with 2-bedroom condos at $850 and 3-bedroom condos at $1,900.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,375
Median 2 Bedroom Condo Rent
$850
Median 3 Bedroom Condo Rent
$1,900
How to Rent a Home

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