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$250 - $6461 Bedroom Apartments Available Now
Capitol View Tower Apartments - Seniors 62+
1700 J StLincoln, NE 68508
Cheap Apartments for Rent in the Downtown Neighborhood of Lincoln, NE from $400 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Lincoln.
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1619-1623 D St
LincolnNE68502
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Rent Specials
$700 - $4,000Studio to 5 Bedroom Apartments Available Now
The Grand Manse
129 N 10th StLincoln, NE 68508
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$715 - $1,975Studio to 2 Bedroom Apartments Available Now
Century House
1201 Lincoln MallLincoln, NE 68508
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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.
1640 E St
LincolnNE68508
1742 S 14th St
LincolnNE68502
1515 S 15th St
LincolnNE68502
232-234 D St
LincolnNE68502
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$950 - $3,699Studio to 3 Bedroom Apartments Available Now
Canopy Park
109 S Canopy StLincoln, NE 68508
1201 B St
LincolnNE68502
1730 S 17th St
LincolnNE68502
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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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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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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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Showing Results 1-40, Page 1 of 1
Downtown, Lincoln, NE Local Guide
How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,038 | $625 | $1,599 |
| Downtown 1 Bedroom Apartments | $1,188 | $250 | $1,716 |
| Downtown 2 Bedroom Apartments | $1,518 | $800 | $3,495 |
| Downtown 3 Bedroom Apartments | $1,893 | $820 | $3,699 |
| Downtown 4 Bedroom Apartments | $956 | $555 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Lincoln, NE.
See all Apartments in LincolnExplore Lincoln
Downtown, Lincoln, NE Local Guide
- Nearby Lincoln neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Apartments for Rent
The cheapest available apartment rental in the Downtown area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. The Grand Manse has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here are the most affordable Downtown 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 |
| The Grand Manse | Aerie Studio | Studio,1BA | $700 |
| 1421 P Street | Studio Apartment | Studio,1BA | $700 |
| Century House | Small Studio 2nd | Studio,1BA | $715 |
| Duluth Apartments | 1 Beds, 1 Baths | 1BR,1BA | $910 |
| Canopy Park | Suite 0.2 | Studio,1BA | $950 |
| Antelope Tower | A | Studio,1BA | $1,055 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $1,062 |
| the STACK | the STACK - 2d | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Downtown, NE
As of August 02, 2025 the best value apartment in the Downtown 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 apartment is the B3 Townhome Model at Academy Lincoln starting at $925 with a $0.75 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1717 D St, Unit 2 | 1717 D St | 3BR,2BA | $1.14 |
| Academy Lincoln | B3 Townhome | 2BR,2.5BA | $0.75 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| Sky Park - Newly Renovated | Garland | 1BR,1BA | $1.42 |
| WC Shinn Lofts | 2 Bed/1 Bath | 2BR,1BA | $1.48 |
| Duluth Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $1.58 |
| 2025 C St, Unit #2 | 2025 C St | 1BR,1BA | $1.08 |
| 601 So. 18th St. | 1BR/1.0BA | 1BR,1BA | $1.33 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
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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If you’re an expert on all things Downtown, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleDowntown, Lincoln, NE
Ranked #51
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Apartments
What is a cheap apartment in Downtown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown is under $1,150.
What is the price of a cheap apartment in Downtown?
The cheapest apartment in Downtown is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in Downtown costs $4,000.
What types of apartments are the cheapest in Downtown?
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 35 regular apartments in Downtown 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?
Cheap apartments in Downtown have an average cost of $550 which is $3,450 cheaper than the average rent for all rentals in Downtown.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.