
Cheap Apartments for Rent in the Downtown Lincoln Neighborhood of Lincoln, NE from $400 (95 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Lincoln area of Lincoln.


1630 H St

Century House

926 S 14th St

1630 H St, Unit A3

Bella Properties

1425 G St

2274 Orchard St

244 S 26th St

1810 E 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.

Total Monthly Price
1017 S 16th St

1810 E St

311 N 8th St

1400 S 20th St

830 S 10th St

Union at Antelope Valley

Canopy Park

Parkview Apartments

1201 B St

1701 D St
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.

Antelope Tower

Sky Park

129 B St

1531 D St

925 S 14th St

Capitol View Apartments

640 S 17th St

Parliament gardens Apartments

1145 S 11th St

680 S 20th St
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.

2428 D St

Vine Street Apartments

1612 F Street

Capital Vista

Palisade

1111 E St

1315 F St

1215 E St

501 N 25th St

1212 D St
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.

700 S 17

1833 G St

2500 P St

1621 G St

1421 D St

LINQ Portfolio

1621 G-7

2110 J St

1621 G-4

2030 J Street
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $961 | $625 | $1,330 |
| Downtown Lincoln 1 Bedroom Apartments | $1,216 | $250 | $1,555 |
| Downtown Lincoln 2 Bedroom Apartments | $1,568 | $750 | $4,495 |
| Downtown Lincoln 3 Bedroom Apartments | $1,561 | $690 | $4,495 |
| Downtown Lincoln 4 Bedroom Apartments | $941 | $505 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 95 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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- Local Counties
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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. Century House has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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 |
| Century House | Small Studio | Studio,1BA | $650 |
| LivRed | D2 - 4x4 | 4BR,4BA | $685 |
| Latitude Lincoln | 4BR/3BA - C Terrace | 4BR,3BA | $695 |
| Aerie 147 Lofts | Studio | Studio,1BA | $725 |
| 1940 Dudley Street | 1BR/1.0BA | 1BR,1BA | $749 |
| WC Shinn Lofts | 102 | 1BR,1BA | $945 |
| the STACK | the STACK - 2g | Studio,1BA | $950 |
| Canopy Park | Suite 0.3 | Studio,1BA | $999 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $999 |
Best Value Apartments for Rent in Downtown Lincoln, NE
As of April 08, 2026 the best value apartment in the Downtown Lincoln area is the $1.27 price per square foot The MEZ Model at 1320 P St in the in the Haymarket neighborhood starting from $3,875. The second greatest value Downtown Lincoln apartment is the D2 - 4x4 Model at LivRed starting at $685 with a $0.55 price per square foot in the Haymarket 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. |
|---|---|---|---|
| 1320 P St | The MEZ | 5BR,2BA | $1.27 |
| LivRed | D2 - 4x4 | 4BR,4BA | $0.55 |
| The Quarters Lincoln | C - 3x3 | 3BR,3BA | $0.64 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| Parkview Apartments | 2 Bed, 2 Bath | 2BR,2BA | $1.37 |
| WC Shinn Lofts | 102 | 1BR,1BA | $1.32 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $1.48 |
| Academy Lincoln | B1 | 2BR,2BA | $1.37 |
| 1940 Dudley Street | 1BR/1.0BA | 1BR,1BA | $1.14 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 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 #36
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 $999.
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 $1,398.
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 43 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 $657 which is $741 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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.