
Cheap Apartments for Rent in the Downtown Neighborhood of Lincoln, NE from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Lincoln.


1630 H St

2044 E St

929-931 Goodhue Blvd

Marshall Apartments

Countyshire Apartments

926 S 14th St

Sky Park - Newly Renovated

311 N 8th St
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 | $1,080 | $585 | $1,599 |
Downtown 1 Bedroom Apartments | $1,254 | $250 | $1,710 |
Downtown 2 Bedroom Apartments | $1,499 | $800 | $3,395 |
Downtown 3 Bedroom Apartments | $1,795 | $739 | $4,999 |
Downtown 4 Bedroom Apartments | $1,038 | $680 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 39 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
- Nearby Lincoln neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $680. 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 | $680 |
Lakeview Park | Carter Lake | Studio,1BA | $805 |
Century House | Large Remodel Studio | Studio,1BA | $805 |
1522 D St | 1 bedroom unit | 1BR,1BA | $825 |
the STACK | the STACK - 2h | Studio,1BA | $925 |
Academy Lincoln | B3 Townhome | 2BR,2BA | $925 |
Canopy Park | Suite 0.2 | Studio,1BA | $950 |
The Grand Manse | A#212 | 1BR,1BA | $990 |
Prime Place Lincoln - Student Apartments | Studio | Studio,1BA | $1,029 |
Best Value Apartments for Rent in Downtown, NE
As of March 03, 2025 the best value apartment in the Downtown area is the $1.42 price per square foot The MEZ Model at 1320 P St in the in the Haymarket neighborhood starting from $4,325. The second greatest value Downtown apartment is the C1R Model at Lakeside Village Apartment Homes starting at $1,780 with a $1.28 price per square foot in the Indian Village 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. |
---|---|---|---|
1320 P St | The MEZ | 5BR,2BA | $1.42 |
Lakeside Village Apartment Homes | C1R | 3BR,2BA | $1.28 |
Academy Lincoln | B3 Townhome | 2BR,2.5BA | $0.75 |
Folsom Ridge | Three Bedroom | 3BR,2BA | $1.12 |
The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
Marshall Apartments | 2 Bedroom, 1 Bathroom - 1032 SF | 2BR,1BA | $1.06 |
Park41 Apartments | Remodeled - 2 BD/2 BA | 2BR,2BA | $1.21 |
Stadium Walk Apartments | 1.1 | 1BR,1BA | $1.40 |
1522 D St | 1 bedroom unit | 1BR,1BA | $1.31 |
Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown, Lincoln, NE
Ranked #34
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 the Cheapest Studio apartment in Downtown?
Currently the most affordable Cheap Studio Apartment in Downtown is at Century House listed at $805.
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $250 at Capitol View Tower Apartments - Seniors 62+.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $925 at Academy Lincoln.
What is the most affordable Downtown Three Bedroom Apartment?
The best deal on a cheap Downtown Three Bedroom Apartment rental is at Folsom Ridge and starts from $1,255.
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.

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.

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.