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from $2501 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 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Lincoln.
1220 S 20th St
LincolnNE68502
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from $685Studio to 2 Bedroom Apartments Available Now
Century House
1201 Lincoln MallLincoln, NE 68508
1701 D St
LincolnNE68502
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from $8991 to 3 Bedroom Apartments Available Now
Union at Middle Creek
1170 SW 27th StLincoln, NE 68522
1646 E 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.
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2042 E St
LincolnNE68510
232-234 D St
LincolnNE68502
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from $995Studio to 3 Bedroom Apartments Available Jun 20
Sky Park - Newly Renovated
1301 Lincoln MallLincoln, NE 68508
746 Rose St
LincolnNE68502
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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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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 1-41, 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 | $1,017 | $685 | $1,599 |
| Downtown 1 Bedroom Apartments | $1,171 | $250 | $1,610 |
| Downtown 2 Bedroom Apartments | $1,521 | $800 | $3,495 |
| Downtown 3 Bedroom Apartments | $1,675 | $682 | $3,699 |
| Downtown 4 Bedroom Apartments | $889 | $599 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 41 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
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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. Latitude Lincoln has the second lowest priced unit, which is a 4 Beds apartment currently listed from $599. 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 |
| Latitude Lincoln | 4BR/3BA - C Terrace | 4BR,3BA | $599 |
| Century House | large Studio | Studio,1BA | $695 |
| The Grand Manse | Aerie Studio | Studio,1BA | $700 |
| Lakeview Park | Carter Lake | Studio,1BA | $794 |
| 601 So. 18th St. | 1 Bedroom | 1BR,1BA | $795 |
| 1522 D St | 1 bedroom unit | 1BR,1BA | $825 |
| Union at Middle Creek | 1BD | 1BR,1BA | $899 |
| the STACK | the STACK - 2g | Studio,1BA | $925 |
| Union at Antelope Valley | 1BD B 60% HA | 1BR,1BA | $929 |
Best Value Apartments for Rent in Downtown, NE
As of June 11, 2025 the best value apartment in the Downtown area is the $0.61 price per square foot 2 Bed/2 Bath Model at WC Shinn Lofts in the in the Haymarket neighborhood starting from $1,280. 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. |
|---|---|---|---|
| WC Shinn Lofts | 2 Bed/2 Bath | 2BR,2BA | $0.61 |
| Academy Lincoln | B3 Townhome | 2BR,2.5BA | $0.75 |
| 1626 Prospect St, Unit 1 | 1626 Prospect St | 3BR,1.5BA | $1.14 |
| 1710 Prospect St | 1710 Prospect St | 2BR,1BA | $1.05 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $1.38 |
| Union at Middle Creek | 1BD | 1BR,1BA | $1.34 |
| 1522 D St | 1 bedroom unit | 1BR,1BA | $1.31 |
| 601 So. 18th St. | 1 Bedroom | 1BR,1BA | $1.33 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
Quick Rent Budget Calculator
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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 LifestyleDowntown, Lincoln, NE
Ranked #37
Among neighborhoods in Lincoln, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet 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 $929.
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 72 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 $518 which is $3,482 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 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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.