Cheap Homes for Rent in Lincoln, NE from $600 (43 Rentals)

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Search the lowest-cost Homes available for rent right now in Lincoln.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 2230 R St

2230 R St

LincolnNE68503

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-43, Page 1 of 1

Lincoln, NE Local Guide

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 07/30/2025

Current apartment rentals in the Lincoln, NE area range in price from $250 to $4,000 with an overall median price of $2,310. The three Lincoln neighborhoods with the lowest median rent pricing are Everett at $800, Sunset Acres at $789, and University Place at $789. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Everett$800$8001
Sunset Acres$1,250$7892
University Place$1,250$7897
Meadowlane$1,280$66535
Greater South$1,300$7954
South 48th Street$1,300$7955
Sunrise Hills$1,310$66528
Bishop Park$1,400$67553
Salt Valley View$1,410$67537
North Lincoln$1,456$665201

Cheapest Available Lincoln Apartments for Rent

 

The cheapest available apartment rental in Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ in the Haymarket neighborhood priced from $250. Latitude Lincoln in the Haymarket neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $555. Here is today’s list of the most affordable Lincoln apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$555
The Grand ManseAerie StudioStudio,1BA$700
1421 P StreetStudio ApartmentStudio,1BA$700
Century HouseSmall Studio 2ndStudio,1BA$715
MEADOW WOODOpen living space + spacious master1BR,1BA$755
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$795
Kensington ParkStudioStudio,1BA$805
COLONIAL HEIGHTSOpen living space + spacious master1BR,1BA$815
Williamsburg ApartmentsSerenity 1 Bed1BR,1BA$850

Best Value Apartments for Rent in Lincoln, NE

As of July 30, 2025 the best value apartment in the Lincoln area is the $1.05 price per square foot Presidential Luxury Townhome Model at Chateau At Holmes Lake in the in the Taylor Park neighborhood starting from $2,620. The second greatest value Lincoln apartment is the B3 Townhome Model at Academy Lincoln starting at $925 with a $0.75 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chateau At Holmes LakePresidential Luxury Townhome3BR,2.5BA$1.05
Academy LincolnB3 Townhome2BR,2.5BA$0.75
Stadium Walk Apartments2.2a2BR,2BA$0.52
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.06
LINQ Portfolio2 bedroom unit2BR,1BA$1.03
Salt Valley View ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.03
MEADOW WOODOpen living space + spacious master1BR,1BA$1.02
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 1067 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $10,096. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $650 to $3,450.

What is the current price range for Rental Homes in Lincoln?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln ranges from $650 to $3,450 with an average monthly rent of $1,642.

How much are larger Three and Four Bedroom Rentals in Lincoln?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln range from $644 to $3,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $555.

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 Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.