Cheap Apartments for Rent in the Far South Neighborhood of Lincoln, NE from $400 (15 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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

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.

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.

close
View Me
Ruskin Place
1 to 3 Bedroom Apartments

Ruskin Place

1001 Norwood DrLincoln, NE 68512

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.

Cheapest Available Far South Apartments for Rent

 

The cheapest available apartment rental in the Far South area of Lincoln, NE is a 1 Bed unit found at Garden Brooke Apartments priced from $695. Colonial Courts has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable Far South apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
Colonial Courts1 Bedroom1BR,1BA$700
Arapahoe VillageOne Bedroom1BR,1BA$700
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750
Williamsburg ApartmentsSerenity 3400 1-Bed1BR,1BA$865

Best Value Apartments for Rent in Far South, NE

As of May 20, 2026 the best value apartment in the Far South area is the $1.14 price per square foot The Champion Model at The Mirada in the in the Salt Valley View neighborhood starting from $1,599. The second greatest value Far South apartment is the Roanoke River Model at Williamsburg Park Apartments starting at $1,214 with a $1.32 price per square foot in the Indian Village neighborhood. Here is today’s list of the best values for Far South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The MiradaThe Champion2BR,2BA$1.14
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.32
Tamarin RidgePayne1BR,1BA$1.38
Wilderness Hills South ApartmentsB1/B21BR,1BA$1.40
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Colonial HeightsA11BR,1BA$1.35
Foxtail MeadowsD-11BR,1BA$1.35
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
Colonial Courts1 Bedroom1BR,1BA$1.27

Frequently Asked Questions about Cheap Far South Apartments

What is the price of a cheap apartment in Far South?

The cheapest apartment in Far South is Garden Brooke Apartments which is listed at $695, while the average apartment in Far South costs $2,101.

What types of apartments are the cheapest in Far South?

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 15 regular apartments in Far South 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 Far South?

Cheap apartments in Far South have an average cost of $626 which is $1,475 cheaper than the average rent for all rentals in Far South.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.