
Cheap Apartments for Rent in Lincoln, IA from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Lincoln.


Clock Tower Senior Apartments

Brookview Terrace

Santa Barbara
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Pharaoh''s Valley

Olive Terrace Apartments

Southern Hills

Meadow Ridge Apartments

Woodland Park - Eldora
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

425 McClellan St

1422 Irish Dr

104 2nd Ave N
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Lincoln, IA Local Guide

How much does it cost to rent an apartment in Lincoln?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln Studio Apartments | $927 | $622 | $1,245 |
Lincoln 1 Bedroom Apartments | $901 | $295 | $1,645 |
Lincoln 2 Bedroom Apartments | $1,063 | $467 | $2,100 |
Lincoln 3 Bedroom Apartments | $1,426 | $850 | $1,675 |
Lincoln 4 Bedroom Apartments | $523 | $295 | $895 |
Browse Top Apartments in Lincoln
See all Apartments in LincolnExplore Lincoln
Lincoln, IA Local Guide
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Cheapest Available Lincoln Apartments for Rent and Nearby
 The cheapest available apartment rental in Lincoln, IA is a 4 Beds unit found at Residences on College Hill in the Downtown Cedar Falls neighborhood priced from $295. Brookview Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $584. Here is today’s list of the most affordable Lincoln apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Residences on College Hill | Private Bedroom in a 4BR Unit-Furnished Common ... | 4BR,1BA | $295 |
Brookview Terrace | A1 | 1BR,1BA | $584 |
Santa Barbara | A1 | 1BR,1BA | $590 |
Pharaoh''s Valley | B1 | 2BR,1BA | $616 |
Olive Terrace Apartments | B1 | 2BR,1BA | $616 |
Best Value Apartments for Rent in Lincoln, IA and Nearby
As of September 20, 2025 the best value apartment in the Lincoln area is the $0.55 price per square foot 2 Bed 1 Bath - 1274 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $705. The second greatest value Lincoln apartment is the 4BR/2BA Model at Hawkeye Towers - Historical Access starting at $380 with a $0.35 price per square foot . 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. |
---|---|---|---|
Pheasant Hollow Apartments | 2 Bed 1 Bath - 1274 Sq. Ft. | 2BR,1BA | $0.55 |
Hawkeye Towers - Historical Access | 4BR/2BA | 4BR,2BA | $0.35 |
Meadow Ridge Apartments | 3 BR / 1 BA | 3BR,1BA | $0.86 |
Lantern Square Apartments | LS 2x1.5 | 2BR,1.5BA | $0.94 |
SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
Pharaoh''s Valley | B1 | 2BR,1BA | $0.75 |
Olive Terrace Apartments | B1 | 2BR,1BA | $0.77 |
Santa Barbara | B1 | 2BR,1BA | $0.82 |
Southern Hills | B1 | 2BR,1BA | $0.95 |
Brookview Terrace | A1 | 1BR,1BA | $0.97 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Lincoln, IA
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lincoln Apartments
What is the Cheapest Studio apartment in Lincoln?
Currently the most affordable Cheap Studio Apartment in Lincoln is at Woodland Park - Eldora listed at $650.
How much is rent for a Cheap One Bedroom Lincoln Apartment?
The lowest price for a Cheap One Bedroom Lincoln Apartment is $295 at Residences on College Hill.
What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $525 at Residences on College Hill.
What is the most affordable Lincoln Three Bedroom Apartment?
The best deal on a cheap Lincoln Three Bedroom Apartment rental is at Meadow Ridge Apartments and starts from $850.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.