Cheap Apartments for Rent in Lincoln, NE from $400(193 Rentals)

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Lincoln, NE Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 12/22/2024

Current apartment rentals in the Lincoln, NE area range in price from $250 to $4,999 with an overall median price of $2,201. The three Lincoln neighborhoods with the lowest median rent pricing are University Place at $499, Sunset Acres at $499, and Greater South at $560. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
University Place$1,050$49989
Sunset Acres$1,146$49988
Greater South$1,200$56019
Far South$1,245$91815
Bishop Park$1,305$400236
South 48th Street$1,313$56040
Country Club$1,337$250229
Indian Village$1,399$400236
Family Acres$1,417$1,0702
Crown Pointe$1,495$1,00510

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. 1612 F Street in the Haymarket neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $595. 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
1612 F StreetStudioStudio,1BA$595
Latitude Lincoln - Historical Access4BR/3BA - C Terrace4BR,3BA$670
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$675
1833 G St1 Bed 1 Bath1BR,1BA$675
Arapahoe VillageOne Bedroom1BR,1BA$685
Colonial Courts1 Bedroom1BR,1BA$685
Salt Valley View ApartmentsOne Bedroom1BR,1BA$730

Best Value Apartments for Rent in Lincoln, NE

As of December 22, 2024 the best value apartment in the Lincoln area is the $0.75 price per square foot B3 Townhome Model at Academy Lincoln in the in the Haymarket neighborhood starting from $925. The second greatest value Lincoln apartment is the 2 Bed 2 Bath Model at Regency starting at $1,076 with a $0.98 price per square foot in the Taylor Park 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.
Academy LincolnB3 Townhome2BR,2.5BA$0.75
Regency2 Bed 2 Bath2BR,2BA$0.98
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.63
Stadium Walk Apartments2.12BR,1BA$0.57
335 S 26th St2 Beds, 1 Baths2BR,1BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.03
4340 Leighton Ave, Unit 24340 Leighton Ave2BR,1BA$0.95
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
1025 Goodhue Blvd, Unit C1025 Goodhue Blvd1BR,1BA$1.00
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

Quick Rent Budget Calculator

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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 1612 F Street listed at $595.

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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Signing Your Apartment Lease: The Basics

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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.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

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Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.