Cheap Apartments for Rent in the Far South Neighborhood of Lincoln, NE from $400 (16 Rentals)

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

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Ruskin Place
1 to 3 Bedroom Apartments

Ruskin Place

1001 Norwood DrLincoln, NE 68512
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Villa Tierra
1 to 2 Bedroom Apartments

Villa Tierra

5010 Emerald DrLincoln, NE 68516
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Showing Results 1-16, Page 1 of 1

Far South, Lincoln, NE Local Guide

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 Arapahoe Village priced from $685. Salt Valley View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here are the most affordable Far South apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Arapahoe VillageOne Bedroom1BR,1BA$685
Salt Valley View ApartmentsOne Bedroom1BR,1BA$730
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$795
Old Cheney Place by BroadmoorBedfordStudio,1BA$810
Williamsburg ApartmentsSerenity 1 Bed1BR,1BA$850

Best Value Apartments for Rent in Far South, NE

As of November 14, 2025 the best value apartment in the Far South area is the $1.33 price per square foot Sawyer Model at Tamarin Ridge in the in the Salt Valley View neighborhood starting from $1,399. The second greatest value Far South apartment is the Stanton Model at Pine Lake Heights Apartments starting at $1,338 with a $1.40 price per square foot in the Southern Hills 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.
Tamarin RidgeSawyer2BR,2BA$1.33
Pine Lake Heights ApartmentsStanton2BR,1BA$1.40
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.33
The Donovan Apartment HomesA2R1BR,1BA$1.42
Ruskin PlaceOne Bedroom B1BR,1BA$1.23
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.11
Colonial HeightsA11BR,1BA$1.23
Foxtail MeadowsD-11BR,1BA$1.42
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.12
Arapahoe VillageOne Bedroom1BR,1BA$1.07

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Far South, Lincoln, NE

Ranked #6

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Far South Neighborhood in Lincoln, NE

Walk Score®

35 / 100

Car-Dependent

Most errands require a car

Bike Score®

59 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $974.

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

The cheapest apartment in Far South is Arapahoe Village which is listed at $685, while the average apartment in Far South costs $2,048.

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 9 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 $616 which is $1,432 cheaper than the average rent for all rentals in Far South.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.