Cheap Homes for Rent in Lincoln, NE from $500 (29 Rentals)

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property at 1645 E St

1645 E St

LincolnNE68508
property at 2340 N 44th St

2340 N 44th St

LincolnNE68504
property at 3145 P St

3145 P St

LincolnNE68503
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Lincoln, NE Local Guide

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 04/14/2025

Current apartment rentals in the Lincoln, NE area range in price from $595 to $3,400 with an overall median price of $2,367. The three Lincoln neighborhoods with the lowest median rent pricing are Everett at $800, Maple Village at $1,095, and Pester Ridge at $1,800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Everett$1,475$8003
Maple Village$1,800$1,0956
Pester Ridge$1,800$1,8001
Sunrise Hills$1,800$7253
University Haymarket Park$1,800$1,3753
Meadowlane$1,995$72512
Northeast Lincoln$1,995$72515
West Lincoln$1,995$97511
Greater South$1,999$8503
South 48th Street$1,999$8503

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. Latitude Lincoln in the Haymarket neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $597. 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
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$597
Arapahoe VillageOne Bedroom1BR,1BA$685
5420 Ervin Street1BR/1.0BA1BR,1BA$695
The Grand ManseAerie StudioStudio,1BA$700
Century HouseSmall Medium 2ndStudio,1BA$715
1940 Dudley Street1BR/1.0BA1BR,1BA$745
601 So. 18th St.1 Bedroom - White Appliances1BR,1BA$745

Best Value Apartments for Rent in Lincoln, NE

As of April 15, 2025 the best value apartment in the Lincoln 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 Lincoln 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 Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
WC Shinn Lofts2 Bed/2 Bath2BR,2BA$0.61
Academy LincolnB3 Townhome2BR,2.5BA$0.75
Stadium Walk Apartments2.2a2BR,2BA$0.52
1736 Euclid Ave, Unit 21736 Euclid Ave3BR,1BA$0.80
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
COLONIAL HEIGHTS2 BED 2BA CO UA2BR,2BA$0.92
335 S 26th St2 Beds, 1 Baths2BR,1BA$1.04
LINQ Portfolio2 bedroom unit2BR,1BA$1.03
MEADOW WOODSpacious living + master walk-in closet2BR,1BA$0.98
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 1063 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $10,096. There are also 111 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $595 to $3,400.

What is the current price range for Rental Homes in Lincoln?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln ranges from $595 to $3,400 with an average monthly rent of $1,670.

How much are larger Three and Four Bedroom Rentals in Lincoln?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln range from $661 to $3,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $597.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

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.

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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.

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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.