
Cheap Homes for Rent in the Downtown Neighborhood of Lincoln, NE from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Lincoln.


1315 F St

1111 E St

1119 E St

1421 D St

1428 S 20th St

1400 Garfield St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2002 Washington St

649 S 18th St

1426 S 20th St

1730 G St

1027 A St

1811 S 16th St

922 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.
Downtown, Lincoln, NE Local Guide

How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,102 | $850 | $1,535 |
| Downtown 3 Bedroom Homes for Rent | $1,372 | $1,350 | $1,395 |
| Downtown 4 Bedroom Homes for Rent | $1,800 | $1,650 | $1,950 |
| Downtown 7 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Lincoln, NE.
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Downtown, Lincoln, NE Local Guide
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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. 648 S 12th - 12H Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. 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 |
| 648 S 12th - 12H Apartments | 0BR/1.0BA | Studio,1BA | $650 |
| 1315 F St | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| 1730 G St | 1 Beds, 1 Baths | 1BR,1BA | $650 |
| 640 S 12th - 12H Apartments | 0BR/1.0BA | Studio,1BA | $650 |
Best Value Apartments for Rent in Downtown, NE
As of July 26, 2026 the best value apartment in the Downtown area is the $0.55 price per square foot D2 - 4x4 Model at LivRed in the in the Haymarket neighborhood starting from $685. The second greatest value Downtown apartment is the 3BD A 60% Model at Union at Antelope Valley starting at $1,398 with a $1.17 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. |
|---|---|---|---|
| LivRed | D2 - 4x4 | 4BR,4BA | $0.55 |
| Union at Antelope Valley | 3BD A 60% | 3BR,2BA | $1.17 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| 1207 D St, Unit #2 | 1207 D St | 2BR,1BA | $0.87 |
| 1027 A St | 2 Beds, 1 Baths | 2BR,1BA | $1.08 |
| 660 S 20th St | 2 Beds, 1 Baths | 2BR,1BA | $1.16 |
| The 50/50 | B | 2BR,1BA | $1.20 |
| 1820 F St | 1 Beds, 1 Baths | 1BR,1BA | $1.18 |
| 1315 F St | 1 Beds, 1 Baths | 1BR,1BA | $1.11 |
| 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 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, 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 Downtown
What type of rentals are currently available in Downtown?
There are currently 456 Apartments for Rent in Downtown, NE with pricing that ranges from $250 to $4,495. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $650 to $2,400.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $650 to $2,400 with an average monthly rent of $1,476.
How much are larger Three and Four Bedroom Rentals in Downtown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown range from $825 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,395. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $680.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.