
Cheap Homes for Rent in Downtown Neighborhood of Lincoln, NE from $600 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Lincoln.

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.

1645 E St
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, 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 | $1,146 | $895 | $1,500 |
| Downtown 3 Bedroom Homes for Rent | $1,299 | $1,199 | $1,400 |
| Downtown 4 Bedroom Homes for Rent | $2,022 | $1,850 | $2,195 |
| Downtown 5 Bedroom Homes for Rent | $2,049 | $1,800 | $2,299 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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
- Nearby Lincoln neighborhoods
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Best Value Apartments for Rent in Downtown, NE
As of December 26, 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 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 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 |
| LivRed | D2 - 4x4 | 4BR,4BA | $0.55 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| Arena Lofts | Studio 1 Bath | Studio ,1BA | $1.52 |
| Duluth Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.13 |
| Union at Antelope Valley | 1BD A 60% | 1BR,1BA | $1.48 |
| Academy Lincoln | B1 | 2BR,2BA | $1.37 |
| 601 So. 18th St. | 1 Bedroom | 1BR,1BA | $1.33 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
| Century House | Large Furnished Studio | Studio ,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.
Read ArticleThe 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.
Read ArticleCash 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.
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 #48
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 455 Apartments for Rent in Downtown, NE with pricing that ranges from $250 to $4,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $625 to $2,299.
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 $625 to $2,299 with an average monthly rent of $1,323.
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 $749 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,199 to $1,400. Four Bedroom Single-Family rentals are also available starting from $1,850 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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!