Cheap Apartments for Rent in Lincoln, NE from $400 (177 Rentals)

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1630 H St
$585Studio, 1 Bath RentalsAvailable Now

1630 H St

Lincoln, NE 68508
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Lincoln, NE Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 02/22/2025

Current apartment rentals in the Lincoln, NE area range in price from $250 to $14,557 with an overall median price of $2,618. The three Lincoln neighborhoods with the lowest median rent pricing are Greater South at $615, South 48th Street at $810, and Bishop Park at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Greater South$1,310$6151454
South 48th Street$1,325$8101055
Bishop Park$1,337$6759976
Country Club$1,349$2509903
East Campus$1,349$2508774
Yankee Hill$1,355$6751236
Belmont$1,389$68016030
Landons$1,389$62515775
Hawley$1,395$6808905
Indian Village$1,430$6759890

Cheapest Available Lincoln Apartments for Rent

 

The cheapest available apartment rental in Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ in the Haymarket neighborhood priced from $250. Garden Brooke Apartments in the Pester Ridge neighborhood 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 Lincoln apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$675
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$680
Arapahoe VillageOne Bedroom1BR,1BA$685
MEADOW WOODOpen living space + spacious master1BR,1BA$755
Salt Valley View ApartmentsTwo Bedroom 1.5 Bath2BR,1BA$800
Kensington ParkStudioStudio,1BA$805
Old Cheney Place by BroadmoorBedfordStudio,1BA$810

Best Value Apartments for Rent in Lincoln, NE

As of February 23, 2025 the best value apartment in the Lincoln area is the $1.04 price per square foot Tiger Lily Model at Chantacleer Apartments in the in the Indian Village neighborhood starting from $1,425. The second greatest value Lincoln apartment is the 3261 R St Model at 3261 R St, Unit 2 starting at $1,200 with a $0.96 price per square foot in the Eastridge neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chantacleer ApartmentsTiger Lily2BR,2BA$1.04
3261 R St, Unit 23261 R St3BR,1BA$0.96
Academy LincolnB3 Townhome2BR,2.5BA$0.75
1545 F St, Unit 21545 F St2BR,1BA$0.90
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
LINQ Portfolio2 bedroom unit2BR,1BA$1.03
Salt Valley View ApartmentsTwo Bedroom 1 Bath2BR,1BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.03
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

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Lincoln Overview

Lincoln is a city that has a rich history and a vibrant modern cultural tradition. It makes for a great place to pursue higher education or to pursue jobs in government, manufacturing, or technology. Living in Lincoln is also very affordable compared to other metropolitan areas.

Why live in Lincoln, NE?

Lincoln caters to a diverse array of tastes. Music lovers can enjoy numerous live music venues while theater goers can enjoy touring Broadway shows and local productions. Those who love the outdoors have over 125 parks to lose themselves in while sports superfans can enjoy watching many different games at the University of Nebraska. Those seeking higher education can attend that university or one of the eight other colleges and universities in the surrounding area.

Lincoln, NE
Population: 287,401

Ranked #70

in US Census Population by City

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Pet Friendly Lifestyle
Lincoln, NE

Ranked #3

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Lincoln, NE

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lincoln, NE Rentals by Map

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See the most popular apartments and homes in Lincoln, NE

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Getting Around Lincoln, NE

Walk Score®

54 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

64 / 100

Bikeable

Some bike infrastructure

Transit Score®

26 / 100

Some Transit

A few nearby public transportation options

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 Lincoln Apartments

What is the Cheapest Studio apartment in Lincoln?

Currently the most affordable Cheap Studio Apartment in Lincoln is at Kensington Park listed at $805.

How much is rent for a Cheap One Bedroom Lincoln Apartment?

The lowest price for a Cheap One Bedroom Lincoln Apartment is $250 at Capitol View Tower Apartments - Seniors 62+.

What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $795 at Garden Brooke Apartments.

What is the most affordable Lincoln Three Bedroom Apartment?

The best deal on a cheap Lincoln Three Bedroom Apartment rental is at COLONIAL HEIGHTS and starts from $1,180.

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.

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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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.