Cheap Apartments for Rent in Lincoln, NE from $400 (284 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Lincoln.

property at 7441 Holdrege St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 2 Bath Home for Rent

Available Now

7441 Holdrege St

LincolnNE68505

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
4225 Baldwin Ave
$825
Total Monthly Price

Total Monthly Price

Base Rent
$825
Total Monthly Price
$825
2 Bedroom Apartment Available Now

4225 Baldwin Ave

4225 Baldwin AveLincoln, NE 68504
Affordability
  • Smoke Free

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 6

Lincoln, NE Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 06/15/2026

Current apartment rentals in the Lincoln, NE area range in price from $600 to $3,200 with an overall median price of $2,207. The three Lincoln neighborhoods with the lowest median rent pricing are Hawley at $675, Everett at $650, and Woods Park at $675. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Hawley$950$67511
Everett$1,049$6505
Woods Park$1,612$6759
Arnold Heights$1,653$1,6531
University Haymarket Park$1,700$1,0504
Pioneers Park$1,739$1,4294
Highlands$1,785$1,7751
West Lincoln$1,785$94512
Norwood Park$1,850$1,8501
Witherbee$1,912$67539

Cheapest Available Lincoln Apartments for Rent

 

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

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
LivRedD2 - 4x44BR,4BA$685
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 Lincoln, NE

As of June 15, 2026 the best value apartment in the Lincoln area is the $0.64 price per square foot C - 3x3 Model at The Quarters Lincoln in the in the Highlands neighborhood starting from $690. The second greatest value Lincoln 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 Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quarters LincolnC - 3x33BR,3BA$0.64
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
3831 S 46th St2 Beds, 1.5 Baths2BR,1.5BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.07
1027 A St2 Beds, 1 Baths2BR,1BA$1.08
1515 S 11th St2 Beds, 1 Baths2BR,1BA$1.09
Arapahoe VillageOne Bedroom1BR,1BA$1.09
1431 D St1 Beds, 1 Baths1BR,1BA$0.98
Duluth Apartments1 Beds, 1 Baths1BR,1BA$1.02
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Lincoln Overview

Lincoln is a city that has a rich history and a vibrant modern cultural tradition. It makes for a great place to pursue higher education or to pursue jobs in government, manufacturing, or technology. Living in Lincoln is also very affordable compared to other metropolitan areas.

Why live in Lincoln, NE?

Lincoln caters to a diverse array of tastes. Music lovers can enjoy numerous live music venues while theater goers can enjoy touring Broadway shows and local productions. Those who love the outdoors have over 125 parks to lose themselves in while sports superfans can enjoy watching many different games at the University of Nebraska. Those seeking higher education can attend that university or one of the eight other colleges and universities in the surrounding area.

Lincoln, NE
Population: 287,401

Ranked #70

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Best Local Schools in
Lincoln, NE

School data provided by Great Schools

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

Explore Lincoln, NE Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lincoln, NE

View Map
Lincoln, NE Apartments Map
View Map
Lincoln, NE Rental Homes Map

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 Century House listed at $685.

How much is rent for a Cheap One Bedroom Lincoln Apartment?

The lowest price for a Cheap One Bedroom Lincoln Apartment is $250 at Capitol View Tower Apartments - Seniors 62+.

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 $820 at Garden Brooke Apartments.

What is the most affordable Lincoln Three Bedroom Apartment?

The best deal on a cheap Lincoln Three Bedroom Apartment rental is at Ruskin Place and starts from $1,292.

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

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.