
Cheap Homes for Rent in Downtown Neighborhood of Lincoln, NE from $700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Lincoln.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1727 S 13th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1641 Prospect St
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.

1327 S 14th St
Downtown, Lincoln, NE Local Guide

How much does it cost to rent a home in Downtown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown 2 Bedroom Homes for Rent | $1,035 | $900 | $1,200 |
Downtown 3 Bedroom Homes for Rent | $1,375 | $1,100 | $1,650 |
Downtown 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Lincoln, NE.
Explore Lincoln
Downtown, Lincoln, NE Local Guide
- Nearby Lincoln neighborhoods
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Best Value Apartments for Rent in Downtown, NE
As of May 10, 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 |
The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
Lakeside Village Apartment Homes | A3R | 1BR,1BA | $1.31 |
Lakeview Park | Lake McConaughy | 1BR,1.5BA | $1.25 |
Union at Middle Creek | 1BD | 1BR,1BA | $1.34 |
1522 D St | 1 bedroom unit | 1BR,1BA | $1.31 |
601 So. 18th St. | 1 Bedroom | 1BR,1BA | $1.33 |
Duluth Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.27 |
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.
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 451 Apartments for Rent in Downtown, NE with pricing that ranges from $250 to $4,000. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $795 to $3,200.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $795 to $3,200 with an average monthly rent of $1,601.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $682 to $3,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,650. Four Bedroom Single-Family rentals are also available starting from $3,200 and Four Bedroom Apartments start at $618.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.