Cheap Apartments for Rent in the 40th A Neighborhood of Lincoln, NE from $400 (106 Rentals)

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

property at 1630 H St

$625 - $795

Studio To 1 Bedroom Rentals

Available Now

1630 H St

LincolnNE68508

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.

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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Capitol View Apartments
Studio to 2 Bedroom Apartments

Capitol View Apartments

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

1531 D Street

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

640 S 17th St

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

1145 S 11th St

1145 S 11th StLincoln, NE 68502

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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680 S 20th St
2 Bedroom Apartments

680 S 20th St

680 S 20th StLincoln, NE 68510
  • Utilities Included
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2428 D St
2 Bedroom Apartments

2428 D St

2428 D StLincoln, NE 68502
  • Smoke Free
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P Street Apartments
1 to 2 Bedroom Apartments

P Street Apartments

2920 P StLincoln, NE 68503
  • Utilities Included
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LINQ Portfolio
1 to 2 Bedroom Apartments

LINQ Portfolio

3341 Holdrege StLincoln, NE 68503
  • Utilities Included
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1612 F Street
Studio to 2 Bedroom Apartments

1612 F Street

1612 F StLincoln, NE 68508
  • Utilities Included
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Capital Vista
1 Bedroom Apartments

Capital Vista

1421 G StLincoln, NE 68508
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Palisade
1 Bedroom Apartments

Palisade

1035 S 17th StLincoln, NE 68508
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Meadowlark Apartments
Studio to 2 Bedroom Apartments

Meadowlark Apartments

1630 N 56th StLincoln, NE 68504
  • Utilities Included
  • Smoke Free

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.

property at 1215 E St

$650 - $750

1 To 2 Bedroom Rentals

Available Now

1215 E Street-5

1215 E St
LincolnNE68508
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501 N 25th St
1 to 2 Bedroom Apartments

501 N 25th St

501 N 25th StLincoln, NE 68503
  • Utilities Included
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1212 D St
1 Bedroom Apartments

1212 D St

1212 D StLincoln, NE 68502
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700 S 17
2 Bedroom Apartments

700 S 17

700 S 17th StLincoln, NE 68508
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Shacks, LLC
2 Bedroom Apartments

Shacks, LLC

3405 HoldregeLincoln, NE 68503
Student Housing
  • Utilities Included
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1833 G St
1 Bedroom Apartments

1833 G St

1833 G StLincoln, NE 68508
Corporate Housing
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Century House has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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
Century HouseSmall StudioStudio,1BA$650
Duluth Apartments1 Beds, 1 Baths1BR,1BA$665
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
Arapahoe VillageOne Bedroom1BR,1BA$700
Colonial Courts1 Bedroom1BR,1BA$700
LINQ Portfolio1429 N 341BR,1BA$825
LionsGate ApartmentsA1BR,1BA$835
Tanglewood ApartmentsA1BR,1BA$885
Meadowlark Apartments1 Beds, 1 Baths1BR,1BA$895

Best Value Apartments for Rent in 40th A, NE

As of April 27, 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
4831 South Street2BR/1.0BA2BR,1BA$1.10
Meadowlark2BR/1.0BA2BR,1BA$1.12
Argosy Apartments1Bd/1BA1BR,1BA$1.07
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
The 50/50B2BR,1BA$1.20
Duluth Apartments1 Beds, 1 Baths1BR,1BA$1.13
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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.

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Pet Friendly Lifestyle
40th A, Lincoln, NE

Ranked #15

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 $895.

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 $1,475.

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 28 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 $465 which is $1,010 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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.