
Cheap Homes for Rent in Lincoln, IA from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.


1110 Fremont St

104 2nd Ave N

520 Jefferson St

2009 State St
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.

1804 College St

818 W 3rd St

904 Clay St

427 5th St

501 Idaho Rd
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.

804 W 18th St

1932 College St

2409 Iowa St

2209 Franklin St

1938 Franklin St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1731 Brookside Dr
Lincoln, IA 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 | $1,060 | $650 | $1,250 |
| Lincoln 3 Bedroom Homes for Rent | $1,431 | $650 | $2,300 |
| Lincoln 4 Bedroom Homes for Rent | $1,805 | $1,500 | $2,500 |
| Lincoln 5 Bedroom Homes for Rent | $2,300 | $1,800 | $2,800 |
Browse Top Homes for Rent in Lincoln
Explore 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 1 Bed unit found at Meadow Ridge Apartments priced from $625. Woodland Park - Eldora has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Ridge Apartments | 1 BR/ 1 BA | 1BR,1BA | $625 |
| Woodland Park - Eldora | Studio | Studio,1BA | $650 |
| 1106-1110 Kent Circle | Updated Cozy 1 Bedroom / 1 Bath Apartment in SW... | 1BR,1BA | $750 |
| Gold Falls Villa Apartments | 1 BR + Utilities Included | 1BR,1BA | $755 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $756 |
Best Value Apartments for Rent in Lincoln, IA and Nearby
As of December 30, 2025 the best value apartment in the Lincoln area is the $0.77 price per square foot 2 Bed 1 Bath - 1117 Sq. Ft. Model at Pheasant Hollow Apartments in the starting from $865. The second greatest value Lincoln apartment is the 4BR/2BA Model at Hillcrest Park Apartments-Student Housing starting at $460 with a $0.42 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 - 1117 Sq. Ft. | 2BR,1BA | $0.77 |
| Hillcrest Park Apartments-Student Housing | 4BR/2BA | 4BR,2BA | $0.42 |
| Hawkeye Towers (new) | 3BR/2BA | 3BR,2BA | $0.50 |
| Kinsale Condominiums | Two Bedroom w/ Garage | 2BR,1BA | $1.00 |
| Lantern Square Apartments Spacious 1, 2 & 3 Bedrooms | LS 2x1.5 | 2BR,1.5BA | $0.97 |
| Le Chateau | 2BR/1.5BA | 2BR,1.5BA | $0.85 |
| Residences on College Hill | 4 Bedroom Apartment Near UNI — Only $1,400/mo (... | 4BR,1BA | $0.99 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $0.92 |
| 1150 Home Park Blvd | 2BR/1.0BA | 2BR,1BA | $1.02 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lincoln, IA Rentals by Map
See the most popular apartments and homes in Lincoln, IA
Frequently Asked Questions about Lincoln
What type of rentals are currently available in Lincoln?
There are currently 56 Apartments for Rent in Lincoln, IA with pricing that ranges from $365 to $2,500. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $610 to $2,800.
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 $2,800 with an average monthly rent of $1,441.
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 $1,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $460.
Expert Rental Resources
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.
Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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