Cheap Homes for Rent in Colonial Hills Neighborhood of Lincoln, NE from $700 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Colonial Hills, Lincoln, NE Local Guide

Best Value Apartments for Rent in Colonial Hills, NE

As of September 13, 2025 the best value apartment in the Colonial Hills area is the $1.29 price per square foot Portofino Model at Holmes Lake by Broadmoor in the in the Eastridge neighborhood starting from $1,850. The second greatest value Colonial Hills apartment is the The Rimington Model at Ashbrook by Broadmoor starting at $1,450 with a $1.40 price per square foot in the Family Acres 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 BroadmoorPortofino2BR,2BA$1.29
Ashbrook by BroadmoorThe Rimington2BR,2BA$1.40
The Flats at 84Hampstead1BR,1BA$1.52
Park41 ApartmentsRemodeled - 2 BD/2 BA2BR,2BA$1.23
Somerset2 Bedroom, 2 Bathroom - 950 SF Reno2BR,2BA$1.44
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.40
Kensington Park5100 Building Attached garage1BR,1.5BA$1.14
Sutter Place1A1BR,1BA$1.09
Rockledge Oaks ApartmentsA1BR,1BA$1.51
Thomasbrook1 Bed, 1 Bath - A1 620 SF1BR,1BA$1.42

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

Pet Friendly Lifestyle
Colonial Hills, Lincoln, NE

Ranked #16

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Colonial Hills

What type of rentals are currently available in Colonial Hills?

There are currently 79 Apartments for Rent in Colonial Hills, NE with pricing that ranges from $795 to $2,599. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Colonial Hills ranging from $795 to $2,975.

What is the current price range for Rental Homes in Colonial Hills?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Colonial Hills ranges from $795 to $2,975 with an average monthly rent of $2,092.

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.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.