Cheap Homes for Rent in Downtown Lincoln Neighborhood of Lincoln, NE from $600 (42 Rentals)

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

property at 1215 E St

$650 - $750

1 To 2 Bedroom Rentals

Available Now

1215 E Street-5

1215 E St
LincolnNE68508

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.

Read Article
property at 1820 F St

$725 - $850

1 To 2 Bedroom Rentals

Available Now

1820 F St

LincolnNE68510
property at 877 N 26

$730 - $790

Studio Rentals

Available Now

877 N 26

LincolnNE68503
property at 130 N 27th St

$750 - $895

Studio To 2 Bedroom Rentals

Available Now

130 N 27th St

LincolnNE68503

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.

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property at 2323 T St

$795 - $915

1 To 2 Bedroom Rentals

Available Now

2323 T St

LincolnNE68503

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.

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property at 1027 A St

$895 - $925

2 Bedroom Rentals

Available Now

1027 A St

LincolnNE68502

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.

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property at 129 B St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1.5 Bath Home for Rent

Available Now

129 B St

LincolnNE68502

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.

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Showing Results 1-42, Page 1 of 1

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. 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 ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
Century HouseSmall StudioStudio,1BA$650
LivRedD2 - 4x44BR,4BA$685
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$695
Aerie 147 LoftsStudioStudio,1BA$725
1940 Dudley Street1BR/1.0BA1BR,1BA$749
Parkview Apartments1 Bed, 1 Bath1BR,1BA$899
WC Shinn Lofts1021BR,1BA$945
the STACKthe STACK - 2gStudio,1BA$950
Canopy ParkSuite 0.3Studio,1BA$999

Best Value Apartments for Rent in Downtown Lincoln, NE

As of April 10, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1320 P StThe MEZ5BR,2BA$1.27
LivRedD2 - 4x44BR,4BA$0.55
The Quarters LincolnC - 3x33BR,3BA$0.64
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
WC Shinn Lofts1021BR,1BA$1.32
Union at Antelope Valley1BD A 60%1BR,1BA$1.48
Academy LincolnB12BR,2BA$1.37
1940 Dudley Street1BR/1.0BA1BR,1BA$1.14
Parkview Apartments1 Bed, 1 Bath1BR,1BA$1.38
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,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.

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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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The 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.

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Cash 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.

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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 #36

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 Downtown Lincoln

What type of rentals are currently available in Downtown Lincoln?

There are currently 546 Apartments for Rent in Downtown Lincoln, NE with pricing that ranges from $250 to $4,495. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lincoln ranging from $650 to $2,600.

What is the current price range for Rental Homes in Downtown Lincoln?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Lincoln ranges from $650 to $2,600 with an average monthly rent of $1,453.

How much are larger Three and Four Bedroom Rentals in Downtown Lincoln?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Lincoln range from $690 to $4,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,349 to $1,899. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $505.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.