Cheap Apartments for Rent in the Far South Neighborhood of Lincoln, NE from $400 (15 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
  • Utilities Included

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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 $700. Salt Valley View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Far South apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Arapahoe VillageOne Bedroom1BR,1BA$700
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$820
Williamsburg ApartmentsSerenity 1-Bed1BR,1BA$865
Embassy Park Apartments1 Bed 1 Bath1BR,1BA$875

Best Value Apartments for Rent in Far South, NE

As of July 04, 2026 the best value apartment in the Far South area is the $1.44 price per square foot Pinewood Model at 29South in the in the Salt Valley View neighborhood starting from $1,600. The second greatest value Far South apartment is the Warwick Model at Old Cheney Place by Broadmoor starting at $1,295 with a $1.28 price per square foot in the Country Club 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.
29SouthPinewood2BR,2BA$1.44
Old Cheney Place by BroadmoorWarwick2BR,2BA$1.28
Williamsburg Park ApartmentsRoanoke River1BR,1BA$1.30
Colonial Courts2 Bedroom2BR,1BA$1.15
Ruskin PlaceOne Bedroom A1BR,1BA$1.23
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Colonial HeightsA11BR,1BA$1.33
Foxtail MeadowsD-11BR,1BA$1.35
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09

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 $949.

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

The cheapest apartment in Far South is Arapahoe Village which is listed at $700, while the average apartment in Far South costs $1,890.

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 16 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 $681 which is $1,209 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

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.