Cheap Homes for Rent in Downtown Lincoln Neighborhood of Lincoln, NE from $600 (12 Rentals)

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

property at 1801 E St

$625 - $775

Studio To 1 Bedroom Rentals

Available Now

1801 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.

property at 2727 P St

$795

1 To 2 Bedroom Rentals

Available Now

2727 P St

LincolnNE68503
property at 1630 H St

$795 - $875

1 Bedroom Rentals

Available Now

1630 H St

LincolnNE68508

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.

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. Latitude Lincoln has the second lowest priced unit, which is a 4 Beds apartment currently listed from $679. 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
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$679
LivRedD2 - 4x44BR,4BA$685
Century HouseLarge Furnished StudioStudio,1BA$695
1940 Dudley Street1BR/1.0BA1BR,1BA$739

Best Value Apartments for Rent in Downtown Lincoln, NE

As of December 30, 2025 the best value apartment in the Downtown Lincoln area is the $1.14 price per square foot 1717 D St Model at 1717 D St, Unit 2 in the in the Haymarket neighborhood starting from $1,750. 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.
1717 D St, Unit 21717 D St3BR,2BA$1.14
LivRedD2 - 4x44BR,4BA$0.55
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Arena LoftsStudio 1 BathStudio ,1BA$1.52
Union at Antelope Valley1BD A 60%1BR,1BA$1.48
Academy LincolnB12BR,2BA$1.37
1940 Dudley Street1BR/1.0BA1BR,1BA$1.12
601 So. 18th St.1 Bedroom1BR,1BA$1.33
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43
Century HouseLarge Furnished StudioStudio ,1BA$1.54

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 #42

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

Pet Friendliness Lifestyle Score

3.5
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 550 Apartments for Rent in Downtown Lincoln, NE with pricing that ranges from $250 to $4,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Lincoln ranging from $625 to $2,195.

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 $625 to $2,195 with an average monthly rent of $1,258.

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 $749 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $1,695. Four Bedroom Single-Family rentals are also available starting from $1,490 and Four Bedroom Apartments start at $679.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!