
Cheap Homes for Rent in Lincoln, NE from $500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.


2827 Vine St, Unit Vine 1 bed unit 2

00 Meadowlane Neighborhood

1530 N 32nd St

305 S 47th St

315 S 47th St

311 S 47th St

1630 H St

136 N 27th St

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.

5251 Stockwell St

1535 N 32nd St

4621 Prescott Ave

3502 W St

3865 Holdrege St

355 S 47th St

4541 Tranquility Dr

1641 Prospect St

1327 S 14th St

6205 Ballard Ave
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.

307 S 47th St

317 S 47th St

1730 S 17th St

5628 Logan Ave

2000 S 8th St

1337 S 10th St

3145 P St

320 S 47th St

1640 N 56th St

1505 David Dr

911 Washington

2230 R St

3405 Holdrege St

1425 Garfield St
Lincoln, NE Local Guide

How much does it cost to rent a home in Lincoln?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln 2 Bedroom Homes for Rent | $1,215 | $850 | $2,550 |
Lincoln 3 Bedroom Homes for Rent | $1,722 | $850 | $3,000 |
Lincoln 4 Bedroom Homes for Rent | $2,504 | $1,695 | $3,200 |
Lincoln 5 Bedroom Homes for Rent | $2,596 | $1,985 | $3,645 |
Lincoln 6 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Lincoln
Explore Lincoln
Lincoln, NE Local Guide
- Lincoln Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Lincoln, NE
Pricing Updated: 05/09/2025Current apartment rentals in the Lincoln, NE area range in price from $250 to $5,300 with an overall median price of $2,582. The three Lincoln neighborhoods with the lowest median rent pricing are Pester Ridge at $675, Yankee Hill at $675, and Near South at $250. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Pester Ridge | $895 | $675 | 8 |
Yankee Hill | $1,180 | $675 | 11 |
Near South | $1,260 | $250 | 22 |
Everett | $1,280 | $250 | 22 |
Sunset Acres | $1,449 | $618 | 32 |
University Place | $1,449 | $618 | 36 |
Salt Valley View | $1,500 | $675 | 88 |
Southern Hills | $1,500 | $730 | 112 |
Highlands | $1,508 | $825 | 99 |
Meadowlane | $1,559 | $665 | 50 |
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 University Place neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $618. Here is today’s list of the most affordable Lincoln apartments for rent:
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 | $618 |
Garden Brooke Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
The Grand Manse | Aerie Studio | Studio,1BA | $700 |
Duluth Apartments | 1 Beds, 1 Baths | 1BR,1BA | $745 |
1940 Dudley Street | 1BR/1.0BA | 1BR,1BA | $745 |
601 So. 18th St. | 1 Bedroom - White Appliances | 1BR,1BA | $745 |
MEADOW WOOD | Open living space + spacious master | 1BR,1BA | $755 |
Century House | Large Remodel Studio | Studio,1BA | $805 |
Best Value Apartments for Rent in Lincoln, NE
As of May 09, 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 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 |
Stadium Walk Apartments | 2.2a | 2BR,2BA | $0.52 |
The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
Arapahoe Village | Two Bedroom | 2BR,1BA | $0.87 |
COLONIAL HEIGHTS | Spacious living + master walk-in closet | 2BR,1BA | $0.96 |
LINQ Portfolio | 2 bedroom unit | 2BR,1BA | $1.03 |
Argosy Apartments | 1Bd/1BA | 1BR,1BA | $1.03 |
MEADOW WOOD | Open living space + spacious master | 1BR,1BA | $1.02 |
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 Lincoln
What type of rentals are currently available in Lincoln?
There are currently 1054 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $10,096. There are also 116 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $550 to $3,645.
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 $550 to $3,645 with an average monthly rent of $1,698.
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 $682 to $3,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,695 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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
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.