Cheap Apartments for Rent in the Family Acres Neighborhood of Lincoln, NE from $700 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Family Acres area of Lincoln.

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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4831 South Street
Studio to 2 Bedroom Apartments

4831 South Street

2104 S 48th StLincoln, NE 68506

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Cheapest Available Family Acres Apartments for Rent

 

The cheapest available apartment rental in the Family Acres area of Lincoln, NE is a 1 Bed unit found at Thomasbrook priced from $916. Somerset has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Family Acres apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Thomasbrook1 Bed, 1 Bath - A1 620 SF1BR,1BA$916
Somerset1 Bedroom, 1 Bathroom - 750 SF1BR,1BA$995
4831 South Street2BR/1.0BA2BR,1BA$999
56th Street Lofts &2 BR/1 BA2BR,1BA$1,000
Regency1 Bed 1 Bath with Den1BR,1BA$1,015

Best Value Apartments for Rent in Family Acres, NE

As of April 26, 2026 the best value apartment in the Family Acres area is the $1.56 price per square foot Roma Model at Chateau At Yankee Hill in the in the Family Acres neighborhood starting from $2,295. The second greatest value Family Acres apartment is the TriCourt Courtyard Model at Lodge at Heritage Lakes starting at $1,853 with a $1.40 price per square foot in the Family Acres neighborhood. Here is today’s list of the best values for Family Acres apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau At Yankee HillRoma3BR,2BA$1.56
Lodge at Heritage LakesTriCourt Courtyard3BR,2BA$1.40
Summit Falls Apartments & TownhomesTwo Bedroom Townhome2BR,2BA$1.50
Somerset2 Bedroom, 2 Bathroom - 950 SF2BR,2BA$1.37
4831 South Street2BR/1.0BA2BR,1BA$1.10
Regency1 Bed 1 Bath with Den1BR,1BA$1.13
56th Street Lofts &1 BR/1 BA1BR,1BA$1.32
Kensington Park6231 Attached Garage1BR,1.5BA$1.27
Park41 ApartmentsPark41 - 1 bd/1ba Remodeled1BR,1BA$1.48
Thomasbrook1 Bed, 1 Bath - A1 620 SF1BR,1BA$1.48

Frequently Asked Questions about Cheap Family Acres Apartments

What is the price of a cheap apartment in Family Acres?

The cheapest apartment in Family Acres is Thomasbrook which is listed at $916, while the average apartment in Family Acres costs $1,853.

What types of apartments are the cheapest in Family Acres?

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 10 regular apartments in Family Acres 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 Family Acres?

Cheap apartments in Family Acres have an average cost of $201 which is $1,652 cheaper than the average rent for all rentals in Family Acres.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.