Cheap Apartments for Rent in the Far South Neighborhood of Lincoln, NE from $400 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
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.

close
View Me
Old Cheney Place by Broadmoor
$810 - $1,520
Total Monthly Price

Total Monthly Price

Base Rent
$745 - $1,455
Required Monthly Fees
$65
Total Monthly Price
$810 - $1,520
Studio to 3 Bedroom Apartments Available Now

Old Cheney Place by Broadmoor

5501 Warwick CtLincoln, NE 68516
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article

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.

Read Article
Showing Results 1-13, Page 1 of 1

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
Old Cheney Place by BroadmoorBedfordStudio,1BA$810

Best Value Apartments for Rent in Far South, NE

As of February 18, 2026 the best value apartment in the Far South area is the $0.96 price per square foot 2535 Saint Thomas Dr Model at 2535 Saint Thomas Dr, Unit 1 in the in the Country Club neighborhood starting from $2,040. The second greatest value Far South apartment is the D1 +Den Model at Wilderness Hills South Apartments starting at $1,800 with a $1.40 price per square foot in the Porter Ridge 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.
2535 Saint Thomas Dr, Unit 12535 Saint Thomas Dr3BR,3BA$0.96
Wilderness Hills South ApartmentsD1 +Den2BR,2BA$1.40
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.33
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Colonial HeightsA11BR,1BA$1.23
Wilderness Brook ApartmentsOne Bedroom1BR,1BA$1.46
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
Old Cheney Place by BroadmoorBedfordStudio ,1BA$1.47
Colonial Courts1 Bedroom1BR,1BA$1.27

Frequently Asked Questions about Cheap Far South Apartments

What is a cheap apartment in Far South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Far South is under $965.

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 $2,122.

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 13 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 $867 which is $1,255 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 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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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

Written by: Lauren Harrington

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.