
Cheap Homes for Rent in the Downtown Lincoln Neighborhood of Lincoln, NE from $650 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Lincoln area of Lincoln.


1414 C St

1315 F St

1111 E Street

1730 G St

749 New Hampshire St

877 N 26th St

2338 Lynn St
Rent According to Income: A Look at Income-Restricted Rentals
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2501 N Street-305

2727 P St

2400 R St

1212 E St, Unit 6

1004 B St

2601 Vine St

136 N 27th St

926 A
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.

1426 S 20th St

1436 S 20th St

1027 A St

729 H St

704 N 26th St

2323 T St

922 A

1320 New Hampshire St
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.
Downtown Lincoln, Lincoln, NE Local Guide

How much does it cost to rent a home in Downtown Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Lincoln 2 Bedroom Homes for Rent | $1,094 | $775 | $1,450 |
| Downtown Lincoln 3 Bedroom Homes for Rent | $1,442 | $1,255 | $1,600 |
| Downtown Lincoln 4 Bedroom Homes for Rent | $1,878 | $1,595 | $2,200 |
| Downtown Lincoln 5 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| Downtown Lincoln 7 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Downtown Lincoln Neighborhood of Lincoln, NE.
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Downtown Lincoln, Lincoln, NE Local Guide
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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 $579. 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 | $579 |
| 1123 F St | 1 Beds, 1 Baths | 1BR,1BA | $599 |
| 626 S 12th - 12H Apartments | 0BR/1.0BA | Studio,1BA | $600 |
| 1129 E St | 1 Beds, 1 Baths | 1BR,1BA | $619 |
Best Value Apartments for Rent in Downtown Lincoln, NE
As of September 09, 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 |
| 1101 D | 2BR/1.5BA | 2BR,1.5BA | $0.99 |
| 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 ArticleNavigating 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.
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 Downtown Lincoln
What type of rentals are currently available in Downtown Lincoln?
There are currently 560 Apartments for Rent in Downtown Lincoln, NE with pricing that ranges from $250 to $4,995. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lincoln ranging from $650 to $2,400.
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 $2,400 with an average monthly rent of $1,184.
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 $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,255 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $539.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.