Cheap Apartments for Rent in the Colonial Hills Neighborhood of Lincoln, NE from $500 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Colonial Hills area of Lincoln.

Showing Results 1-18, Page 1 of 1

Colonial Hills, Lincoln, NE Local Guide

Cheapest Available Colonial Hills Apartments for Rent

 

The cheapest available apartment rental in the Colonial Hills area of Lincoln, NE is a Studio unit found at Kensington Park priced from $805. Williamsburg Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Colonial Hills apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Kensington ParkStudioStudio,1BA$805
Williamsburg ApartmentsSerenity 1 Bed1BR,1BA$850
Thomasbrook1 Bed, 1 Bath - A2 690 SF1BR,1BA$913
Sutter Place1 Bed, 1 Bath1BR,1BA$950
Pine Lake Heights ApartmentsImperial1BR,1BA$974

Best Value Apartments for Rent in Colonial Hills, NE

As of November 15, 2025 the best value apartment in the Colonial Hills area is the $1.32 price per square foot Sicily Model at Holmes Lake by Broadmoor in the in the Eastridge neighborhood starting from $1,650. The second greatest value Colonial Hills apartment is the Remodeled - 2 BD/2 BA Model at Park41 Apartments starting at $1,245 with a $1.26 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for Colonial Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Holmes Lake by BroadmoorSicily2BR,2BA$1.32
Park41 ApartmentsRemodeled - 2 BD/2 BA2BR,2BA$1.26
Pine Lake Heights ApartmentsStanton2BR,1BA$1.40
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.33
56th Street Lofts &2 BR/1 BA2BR,1BA$1.07
Kensington Park5100 Building Attached garage1BR,1.5BA$1.14
Rockledge Oaks ApartmentsB11BR,1BA$1.31
The Donovan Apartment HomesA2R1BR,1BA$1.42
Sutter Place1 Bed, 1 Bath1BR,1BA$1.19
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$1.33

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Pet Friendly Lifestyle
Colonial Hills, Lincoln, NE

Ranked #23

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Colonial Hills, Lincoln, NE

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers compiles millions of data points to bring you Lifestyle Ratings of rentals in cities across the United States, including Lincoln. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Getting Around the Colonial Hills Neighborhood in Lincoln, NE

Walk Score®

61 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

63 / 100

Bikeable

Some bike infrastructure

Transit Score®

22 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Colonial Hills Apartments

What is the Cheapest Studio apartment in Colonial Hills?

Currently the most affordable Cheap Studio Apartment in Colonial Hills is at Kensington Park listed at $805.

How much is rent for a Cheap One Bedroom Colonial Hills Apartment?

The lowest price for a Cheap One Bedroom Colonial Hills Apartment is $850 at Williamsburg Apartments.

What is the lowest price for a Cheap Two Bedroom Colonial Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Colonial Hills is starting from $900 at Williamsburg Apartments.

What is the most affordable Colonial Hills Three Bedroom Apartment?

The best deal on a cheap Colonial Hills Three Bedroom Apartment rental is at Williamsburg Park Apartments and starts from $1,642.

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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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.

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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! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.