Cheap Homes for Rent in Lincoln, IA from $600 (8 Rentals)

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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.

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.

Lincoln, IA Local Guide

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 ListingModel NameBed/BathPriced From
Residences on College HillPrivate Bedroom in a 4BR Unit-Furnished Common ...4BR,1BA$295
Brookview TerraceA11BR,1BA$584
Santa BarbaraA11BR,1BA$590

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Pheasant Hollow Apartments2 Bed 1 Bath - 1274 Sq. Ft.2BR,1BA$0.55
Hawkeye Towers - Historical Access4BR/2BA4BR,2BA$0.35
Meadow Ridge Apartments3 BR / 1 BA3BR,1BA$0.86
Lantern Square ApartmentsLS 2x1.52BR,1.5BA$0.94
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Pharaoh''s ValleyB12BR,1BA$0.75
Olive Terrace ApartmentsB12BR,1BA$0.77
Santa BarbaraB12BR,1BA$0.82
Southern HillsB12BR,1BA$0.95
Brookview TerraceA11BR,1BA$0.97

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 55 Apartments for Rent in Lincoln, IA with pricing that ranges from $295 to $2,100. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $610 to $2,575.

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 $610 to $2,575 with an average monthly rent of $1,286.

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 $850 to $1,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

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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.