Cheap Apartments for Rent in the 40th A Neighborhood of Lincoln, NE from $400 (117 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 40th A area of Lincoln.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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.

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Cash 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.

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Capitol View Apartments
Studio to 2 Bedroom Apartments

Capitol View Apartments

620 Capitol AveLincoln, NE 68510
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1531 D Street
1 to 2 Bedroom Apartments

1531 D Street

1531 D StLincoln, NE 68502
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640 S 17th St
1 Bedroom Apartments

640 S 17th St

640 S 17th StLincoln, NE 68508
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1145 S 11th St
Studio to 1 Bedroom Apartments

1145 S 11th St

1145 S 11th StLincoln, NE 68502
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680 S 20th St
2 Bedroom Apartments

680 S 20th St

680 S 20th StLincoln, NE 68510
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P Street Apartments
1 to 2 Bedroom Apartments

P Street Apartments

2920 P StLincoln, NE 68503
  • Utilities Included

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.

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2428 D St
2 Bedroom Apartments

2428 D St

2428 D StLincoln, NE 68502
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1431 D St
Studio to 1 Bedroom Apartments

1431 D St

1431 D StLincoln, NE 68502
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1612 F Street
Studio to 2 Bedroom Apartments

1612 F Street

1612 F StLincoln, NE 68508
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LINQ Portfolio
1 to 2 Bedroom Apartments

LINQ Portfolio

3341 Holdrege StLincoln, NE 68503
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Capital Vista
1 Bedroom Apartments

Capital Vista

1421 G StLincoln, NE 68508
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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40th A, Lincoln, NE Local Guide

Cheapest Available 40th A Apartments for Rent

 

The cheapest available apartment rental in the 40th A area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. 1431 D St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here are the most affordable 40th A apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
1431 D St1 Beds, 1 Baths1BR,1BA$595
Duluth Apartments1 Beds, 1 Baths1BR,1BA$600
1315 F St1 Beds, 1 Baths1BR,1BA$650
1730 G St1 Beds, 1 Baths1BR,1BA$675
Gate Park ApartmentsGP-1BD Garden 6231BR,1BA$675
Century HouseSmall Remodel StudioStudio,1BA$685
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
1414 C St0 Beds, 1 BathsStudio,1BA$695

Best Value Apartments for Rent in 40th A, NE

As of June 11, 2026 the best value apartment in the 40th A area is the $1.10 price per square foot 3 Bedroom Model at Gatehouse Rows in the in the Taylor Park neighborhood starting from $1,475. The second greatest value 40th A apartment is the Soze Model at The Parkhaus - Leasing By Bedroom starting at $650 with a $0.60 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for 40th A apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gatehouse Rows3 Bedroom3BR,2BA$1.10
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Argosy Apartments1Bd/1BA1BR,1BA$1.07
1515 S 11th St2 Beds, 1 Baths2BR,1BA$1.09
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
1431 D St1 Beds, 1 Baths1BR,1BA$0.98
Duluth Apartments1 Beds, 1 Baths1BR,1BA$1.02
1315 F St1 Beds, 1 Baths1BR,1BA$1.11
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
40th A, Lincoln, NE

Ranked #10

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States, including Lincoln. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for easy access to the parks, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap 40th A Apartments

What is a cheap apartment in 40th A?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in 40th A is under $695.

What is the price of a cheap apartment in 40th A?

The cheapest apartment in 40th A is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in 40th A costs $2,300.

What types of apartments are the cheapest in 40th A?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in 40th A that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in 40th A?

Cheap apartments in 40th A have an average cost of $690 which is $1,610 cheaper than the average rent for all rentals in 40th A.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.