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


700 W Ridgeway Ave

604 10th St

601 E State St

2221 Main St

1804 College St

2307 Maple Blvd

1816 Walnut St
Lincoln, IA Local Guide

How much does it cost to rent a home in Lincoln?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln 2 Bedroom Homes for Rent | $1,232 | $975 | $1,450 |
Lincoln 3 Bedroom Homes for Rent | $1,403 | $925 | $1,650 |
Lincoln 4 Bedroom Homes for Rent | $2,069 | $1,750 | $2,700 |
Lincoln 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Top Homes for Rent in Lincoln
Explore Lincoln
Lincoln, IA Local Guide
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Cheapest Available Lincoln Apartments for Rent and Nearby
 The cheapest available apartment rental in Lincoln, IA is a 4 Beds unit found at Residences at College Hill in the Downtown Cedar Falls neighborhood priced from $425. The Tallcorn has the second lowest priced unit, which is a 1 Bed apartment currently listed from $475. Here is today’s list of the most affordable Lincoln apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences at College Hill | 4 bed / 1 bath - Private Bedroom Only | 4BR,1BA | $425 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $475 |
Woodland Park - Eldora | Studio | Studio,1BA | $650 |
Best Value Apartments for Rent in Lincoln, IA and Nearby
As of March 25, 2025 the best value apartment in the Lincoln area is the $0.97 price per square foot B3 Model at Southern Hills in the starting from $1,125. The second greatest value Lincoln apartment is the Pointe West - 2-bedroom apartments Model at Pointe West Apartments starting at $1,080 with a $0.98 price per square foot . Here is today’s list of the best values for Lincoln apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Southern Hills | B3 | 2BR,2BA | $0.97 |
Pointe West Apartments | Pointe West - 2-bedroom apartments | 2BR,2BA | $0.98 |
3714 Ravenwood Cir | 2 BR/ 2 BA | 2BR,2BA | $1.05 |
Hawkeye Towers | 3/2.00 | 3BR,2BA | $0.50 |
Pineview Place Apartments | Prime Waterloo Living: 2-Bedroom / 1-Bath Apart... | 2BR,1BA | $1.00 |
Clock Tower Senior Apartments | 2 Bedroom Market | 2BR,2BA | $1.03 |
Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.96 |
1637 Carriage Hill Dr | 2 BR/ 1 BA | 2BR,1BA | $1.10 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $0.78 |
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Frequently Asked Questions about Lincoln
What type of rentals are currently available in Lincoln?
There are currently 44 Apartments for Rent in Lincoln, IA with pricing that ranges from $394 to $4,705. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $610 to $2,700.
What is the current price range for Rental Homes in Lincoln?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln ranges from $610 to $2,700 with an average monthly rent of $1,462.
How much are larger Three and Four Bedroom Rentals in Lincoln?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln range from $505 to $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $1,650. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $425.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.