
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

4831 South Street

4530 Bancroft Ave

4523 Prescott Ave

4000 S 51st St
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.

1940 S Cotner Blvd

Parkside Apartments

Country Club Apartments

4400 S 48th St

4520 Bancroft Avenue

4615 Prescott Avenue
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.
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 1 Bedroom Apartments | $2,203 | $795 | $2,833 |
| Greater South 2 Bedroom Apartments | $2,794 | $825 | $3,695 |
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
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4831 South Street | 2BR/1.0BA | 2BR,1BA | $999 |
| Park41 Apartments | Park41 - 1 bd/1ba Remodeled | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Greater South, NE
As of April 26, 2026 the best value apartment in the Greater South area is the $1.10 price per square foot 2BR/1.0BA Model at 4831 South Street in the in the Taylor Park neighborhood starting from $999. The second greatest value Greater South apartment is the Park41 - 1 bd/1ba Remodeled Model at Park41 Apartments starting at $1,075 with a $1.48 price per square foot in the Taylor Park 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. |
|---|---|---|---|
| 4831 South Street | 2BR/1.0BA | 2BR,1BA | $1.10 |
| Park41 Apartments | Park41 - 1 bd/1ba Remodeled | 1BR,1BA | $1.48 |
Frequently Asked Questions about Cheap Greater South Apartments
How much is rent for a Cheap One Bedroom Greater South Apartment?
The lowest price for a Cheap One Bedroom Greater South Apartment is $1,075 at Park41 Apartments.
What is the lowest price for a Cheap Two Bedroom Greater South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Greater South is starting from $999 at 4831 South Street.
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

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.

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.

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.

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.