
Cheap Apartments for Rent in the Greater South Neighborhood of Lincoln, NE from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Greater South area of Lincoln.


Antelope Gardens

2104 S 48th St

4530 Bancroft Ave

4523 Prescott Ave

4000 S 51st St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1940 S Cotner Blvd

Parkside Apartments

Country Club Apartments

4615 Prescott Avenue

4400 S 48th St

4520 Bancroft Avenue
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Greater South, Lincoln, NE Local Guide

How much does it cost to rent an apartment in Greater South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Greater South Studio Apartments | $1,779 | $1,779 | $1,779 |
| Greater South 1 Bedroom Apartments | $2,298 | $750 | $2,833 |
| Greater South 2 Bedroom Apartments | $2,774 | $799 | $3,700 |
| Greater South 3 Bedroom Apartments | $1,125 | $1,100 | $1,150 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Greater South Neighborhood of Lincoln, NE.
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Cheapest Available Greater South Apartments for Rent
 The cheapest available apartment rental in the Greater South area of Lincoln, NE is a 1 Bed unit found at 4615 Prescott Avenue priced from $800. 3831 S 46th St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Greater South apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4615 Prescott Avenue | 1 Beds, 1 Baths | 1BR,1BA | $800 |
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1BA | $995 |
| Park41 Apartments | Park41 - 2 bd/2 ba | 2BR,2BA | $1,265 |
Best Value Apartments for Rent in Greater South, NE
As of July 25, 2026 the best value apartment in the Greater South area is the $1.28 price per square foot Park41 - 2 bd/2 ba Model at Park41 Apartments in the in the Taylor Park neighborhood starting from $1,265. The second greatest value Greater South apartment is the 2 Beds, 1.5 Baths Model at 3831 S 46th St starting at $995 with a $1.04 price per square foot in the South 48th Street neighborhood. Here is today’s list of the best values for Greater South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park41 Apartments | Park41 - 2 bd/2 ba | 2BR,2BA | $1.28 |
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.04 |
| 4615 Prescott Avenue | 1 Beds, 1 Baths | 1BR,1BA | $1.32 |
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

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.

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.