
Cheap Apartments for Rent in the Downtown Lincoln Neighborhood of Lincoln, NE from $415 (118 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lincoln area of Lincoln.


2147 C St

Century House

648 S 12th - 12H Apartments

640 S 12th - 12H Apartments

1701 D St

936 D St

749 New Hampshire St

1810 E St, Unit 109

1212 E St, Unit 6
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1619-1623 D St

2611 A St

Bella Properties

740 Y St

Parkview Apartments

2274 Orchard St

Porchlight Apartments

2534 J St

1626 B St

Total Monthly Price
1207 D St, Unit #2
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1223 N 9th St, Unit 207

Canopy Park

Union at Antelope Valley

345 N 23rd St

1201 B St

Willys Knight Lofts

Capitol View Apartments

1531 D Street

640 S 17th St

Parliament gardens Apartments
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.

1145 S 11th St

680 S 20th St

1609 D Street

2428 D St

Vine Street Apartments

1431 D St

1612 F Street

1724 D St

1123 F St

Duluth Apartments
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.

Capital Vista

1001 S 26th St

1739 G St.

1341 D St

1414 C St

1414 C St

1119 E St

1420 E St

Palisade

1315 F St
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.
Downtown Lincoln, Lincoln, NE Local Guide

How much does it cost to rent an apartment in Downtown Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lincoln Studio Apartments | $897 | $650 | $1,325 |
| Downtown Lincoln 1 Bedroom Apartments | $1,100 | $250 | $1,700 |
| Downtown Lincoln 2 Bedroom Apartments | $1,242 | $700 | $4,995 |
| Downtown Lincoln 3 Bedroom Apartments | $1,656 | $690 | $3,899 |
| Downtown Lincoln 4 Bedroom Apartments | $1,195 | $539 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 118 rentals with your search options within a 2 mile radius of the Downtown Lincoln Neighborhood of Lincoln, NE.
See all Apartments in LincolnExplore Lincoln
Downtown Lincoln, Lincoln, NE Local Guide
- Nearby Lincoln neighborhoods
- Nearby Cities
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Cheapest Available Downtown Lincoln Apartments for Rent
 The cheapest available apartment rental in the Downtown Lincoln area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. 1724 D St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $599. Here are the most affordable Downtown Lincoln apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $250 |
| 1724 D St | 1 Beds, 1 Baths | 1BR,1BA | $599 |
| 1123 F St | 1 Beds, 1 Baths | 1BR,1BA | $599 |
| 1001 S 26th St | 1 Beds, 1 Baths | 1BR,1BA | $619 |
| 1739 G St. | 1739 G Studio | 1BR,1BA | $625 |
| Century House | Small Studio | Studio,1BA | $650 |
| 1420 E St | 1BR/1.0BA | 1BR,1BA | $650 |
| 1414 C St | 0 Beds, 1 Baths | Studio,1BA | $650 |
| 538 N 24th Street | 0BR/1.0BA | Studio,1BA | $655 |
| 928 E St | 0BR/1.0BA | Studio,1BA | $655 |
Best Value Apartments for Rent in Downtown Lincoln, NE
As of August 23, 2026 the best value apartment in the Downtown Lincoln area is the $0.60 price per square foot D1 - 4x4 Model at LivRed in the in the Haymarket neighborhood starting from $775. The second greatest value Downtown Lincoln apartment is the C - 3x3 Model at The Quarters Lincoln starting at $690 with a $0.64 price per square foot in the Highlands neighborhood. Here is today’s list of the best values for Downtown Lincoln apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| LivRed | D1 - 4x4 | 4BR,4BA | $0.60 |
| The Quarters Lincoln | C - 3x3 | 3BR,3BA | $0.64 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| 1207 D St, Unit #2 | 1207 D St | 2BR,1BA | $0.92 |
| 335 S 26th St | 2 Beds, 1 Baths | 2BR,1BA | $1.04 |
| 2417 Vine | 2BR/1.0BA | 2BR,1BA | $0.94 |
| 2501 E St | 1 Beds, 1 Baths | 1BR,1BA | $0.93 |
| 1123 F St | 2 Beds, 1 Baths | 2BR,1BA | $0.93 |
| 1955 G Street | 1BR/1.0BA | 1BR,1BA | $0.93 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,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 ArticleReal 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 ArticleQuick 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.
Pet Friendly LifestyleDowntown Lincoln, Lincoln, NE
Ranked #43
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Lincoln Apartments
What is a cheap apartment in Downtown Lincoln?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Lincoln is under $655.
What is the price of a cheap apartment in Downtown Lincoln?
The cheapest apartment in Downtown Lincoln is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in Downtown Lincoln costs $1,025.
What types of apartments are the cheapest in Downtown Lincoln?
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 33 regular apartments in Downtown Lincoln 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 Downtown Lincoln?
Cheap apartments in Downtown Lincoln have an average cost of $422 which is $603 cheaper than the average rent for all rentals in Downtown Lincoln.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.