Cheap Homes for Rent in Lincoln, NE from $500 (37 Rentals)

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property at 2230 R St

2230 R St

LincolnNE68503
property at 120 S 28th St

120 S 28th St

LincolnNE68510

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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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 1-37, Page 1 of 1

Lincoln, NE Local Guide

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 06/19/2025

Current apartment rentals in the Lincoln, NE area range in price from $250 to $4,000 with an overall median price of $2,595. The three Lincoln neighborhoods with the lowest median rent pricing are Pester Ridge at $675, Yankee Hill at $675, and Meadowlane at $665. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Pester Ridge$895$6753
Yankee Hill$1,180$6757
Meadowlane$1,267$66552
Everett$1,360$25020
Autumn Wood$1,449$755136
Bicentennial Estates$1,449$685138
Sunset Acres$1,449$55540
University Place$1,449$55545
Highlands$1,550$879117
Hawley$1,576$709121

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
Century Houselarge StudioStudio,1BA$695
The Grand ManseAerie StudioStudio,1BA$700
MEADOW WOODOpen living space + spacious master1BR,1BA$755
601 So. 18th St.1 Bedroom1BR,1BA$795
Kensington ParkStudioStudio,1BA$805
1522 D St1 bedroom unit1BR,1BA$825
The Reserve on 77Oriole1BR,1BA$838
Ruskin PlaceOne Bedroom A1BR,1BA$874

Best Value Apartments for Rent in Lincoln, NE

As of June 19, 2025 the best value apartment in the Lincoln area is the $0.61 price per square foot 2 Bed/2 Bath Model at WC Shinn Lofts in the in the Haymarket neighborhood starting from $1,280. The second greatest value Lincoln apartment is the Water Lily Model at Chantacleer Apartments starting at $1,500 with a $0.98 price per square foot in the Salt Valley View 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.
WC Shinn Lofts2 Bed/2 Bath2BR,2BA$0.61
Chantacleer ApartmentsWater Lily2BR,2BA$0.98
2035 S 50th St, Unit C2035 S 50th St2BR,1BA$0.97
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$0.96
COLONIAL HEIGHTSSpacious living + master walk-in closet2BR,1BA$0.97
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

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 1060 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $10,096. There are also 120 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $250 to $3,750.

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 $250 to $3,750 with an average monthly rent of $1,553.

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 $1,050 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,250 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.

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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.