
Cheap Apartments for Rent in the Downtown Neighborhood of Lincoln, NE from $400 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Lincoln.


1701 D St

1630 H St

Century House
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Union at Middle Creek

1646 E St

1224 A St

Union at Antelope Valley

Sky Park - Newly Renovated
Downtown, Lincoln, NE Local Guide

How much does it cost to rent an apartment in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Studio Apartments | $1,030 | $599 | $1,599 |
Downtown 1 Bedroom Apartments | $1,174 | $250 | $1,716 |
Downtown 2 Bedroom Apartments | $1,465 | $800 | $3,395 |
Downtown 3 Bedroom Apartments | $1,656 | $661 | $3,699 |
Downtown 4 Bedroom Apartments | $910 | $597 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 41 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Lincoln, NE.
See all Apartments in LincolnExplore Lincoln
Downtown, Lincoln, NE Local Guide
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Cheapest Available Downtown Apartments for Rent
 The cheapest available apartment rental in the Downtown area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. Latitude Lincoln has the second lowest priced unit, which is a 4 Beds apartment currently listed from $597. Here are the most affordable Downtown apartments for rent in Lincoln, NE:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $250 |
Latitude Lincoln | 4BR/3BA - C Terrace | 4BR,3BA | $597 |
The Grand Manse | Aerie Studio | Studio,1BA | $700 |
Century House | Small Medium 2nd | Studio,1BA | $715 |
601 So. 18th St. | 1 Bedroom - White Appliances | 1BR,1BA | $745 |
1522 D St | 1 bedroom unit | 1BR,1BA | $825 |
Union at Middle Creek | 1BD | 1BR,1BA | $889 |
the STACK | the STACK - 3g | Studio,1BA | $950 |
Best Value Apartments for Rent in Downtown, NE
As of April 25, 2025 the best value apartment in the Downtown area is the $0.61 price per square foot 2 Bed/2 Bath Model at WC Shinn Lofts in the in the Haymarket neighborhood starting from $1,280. The second greatest value Downtown apartment is the B3 Townhome Model at Academy Lincoln starting at $925 with a $0.75 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
WC Shinn Lofts | 2 Bed/2 Bath | 2BR,2BA | $0.61 |
Academy Lincoln | B3 Townhome | 2BR,2.5BA | $0.75 |
1736 Euclid Ave, Unit 2 | 1736 Euclid Ave | 3BR,1BA | $0.80 |
The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
Lakeside Village Apartment Homes | A3R | 1BR,1BA | $1.34 |
Lakeview Park | Branched Oak Lake | 1BR,1.5BA | $1.25 |
Union at Middle Creek | 1BD | 1BR,1BA | $1.33 |
1522 D St | 1 bedroom unit | 1BR,1BA | $1.31 |
601 So. 18th St. | 1 Bedroom | 1BR,1BA | $1.33 |
Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
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Pet Friendly LifestyleDowntown, Lincoln, NE
Ranked #44
Among neighborhoods in Lincoln, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $950.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in Downtown costs $1,576.
What types of apartments are the cheapest in Downtown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 32 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown?
Cheap apartments in Downtown have an average cost of $497 which is $1,079 cheaper than the average rent for all rentals in Downtown.
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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Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.