Cheap Apartments for Rent in the Downtown Lincoln Neighborhood of Lincoln, NE from $415 (118 Rentals)

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

property at 1701 D St

$699

Studio Rentals

Available Now

1701 D St

LincolnNE68502
property at 749 New Hampshire St

$700 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$700 - $1,200

Total Monthly Price
$700 - $1,200

1 To 2 Bedroom Homes for Rent

Available Now

749 New Hampshire St

LincolnNE68508

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.

property at 740 Y St

$800 - $1,250

2 To 3 Bedroom Rentals

Available Now

740 Y St

LincolnNE68508
property at 1626 B St

$899

2 Bedroom Rentals

Available Now

1626 B St

LincolnNE68502

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.

property at 1223 N 9th St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1223 N 9th St, Unit 207

1223 N 9th St
LincolnNE68508
property at 345 N 23rd St

$1,176 - $1,404

1 To 2 Bedroom Rentals

Available Now

345 N 23rd St

LincolnNE68503
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Capitol View Apartments
Studio to 2 Bedroom Apartments

Capitol View Apartments

620 Capitol AveLincoln, NE 68510
  • Utilities Included
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1531 D Street
1 to 2 Bedroom Apartments

1531 D Street

1531 D StLincoln, NE 68502
  • Utilities Included
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640 S 17th St
1 Bedroom Apartments

640 S 17th St

640 S 17th StLincoln, NE 68508
  • Utilities Included

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.

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1145 S 11th St
Studio to 1 Bedroom Apartments

1145 S 11th St

1145 S 11th StLincoln, NE 68502
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680 S 20th St
2 Bedroom Apartments

680 S 20th St

680 S 20th StLincoln, NE 68510
  • Utilities Included
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1609 D Street
Studio Apartments

1609 D Street

1609 D StLincoln, NE 68502
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2428 D St
2 Bedroom Apartments

2428 D St

2428 D StLincoln, NE 68502
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1431 D St
Studio to 1 Bedroom Apartments

1431 D St

1431 D StLincoln, NE 68502
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1612 F Street
Studio to 2 Bedroom Apartments

1612 F Street

1612 F StLincoln, NE 68508
  • Utilities Included
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1724 D St
1 Bedroom Apartments

1724 D St

1724 D StLincoln, NE 68502
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1123 F St
1 to 2 Bedroom Apartments

1123 F St

1123 F StLincoln, NE 68508

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.

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Capital Vista
1 Bedroom Apartments

Capital Vista

1421 G StLincoln, NE 68508
  • Utilities Included
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1001 S 26th St
1 to 2 Bedroom Apartments

1001 S 26th St

1001 S 26th StLincoln, NE 68510
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1739 G St.
1 Bedroom Apartments

1739 G St.

1739 G StLincoln, NE 68508
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1414 C St
Studio to 1 Bedroom Apartments

1414 C St

1414 C StLincoln, NE 68502
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1420 E St
Studio to 1 Bedroom Apartments

1420 E St

1420 E StLincoln, NE 68508
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Palisade
1 Bedroom Apartments

Palisade

1035 S 17th StLincoln, NE 68508
  • Utilities Included
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1315 F St
1 Bedroom Apartments

1315 F St

1315 F StLincoln, NE 68508

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

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 ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
1724 D St1 Beds, 1 Baths1BR,1BA$599
1123 F St1 Beds, 1 Baths1BR,1BA$599
1001 S 26th St1 Beds, 1 Baths1BR,1BA$619
1739 G St.1739 G Studio1BR,1BA$625
Century HouseSmall StudioStudio,1BA$650
1420 E St1BR/1.0BA1BR,1BA$650
1414 C St0 Beds, 1 BathsStudio,1BA$650
538 N 24th Street0BR/1.0BAStudio,1BA$655
928 E St0BR/1.0BAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
LivRedD1 - 4x44BR,4BA$0.60
The Quarters LincolnC - 3x33BR,3BA$0.64
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
1207 D St, Unit #21207 D St2BR,1BA$0.92
335 S 26th St2 Beds, 1 Baths2BR,1BA$1.04
2417 Vine2BR/1.0BA2BR,1BA$0.94
2501 E St1 Beds, 1 Baths1BR,1BA$0.93
1123 F St2 Beds, 1 Baths2BR,1BA$0.93
1955 G Street1BR/1.0BA1BR,1BA$0.93
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.

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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.

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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.

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Pet Friendly Lifestyle
Downtown Lincoln, Lincoln, NE

Ranked #43

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.