
Cheap Homes for Rent in Lincoln, NE from $500 (30 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.


1801 E St

749 New Hampshire St, Unit 1

3424 South St

1645 E St

130 N 27th St

845 S 29th St
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.

2004 S 10th St

2601 Vine St

2727 P St

1979 South St

2330 N 44th St

5251 Stockwell St

1630 H St
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.

1301 S 10th St

2340 N 44th St

4626 Stockwell St

5405 Benton St

6604 Ballard Ave

1822 Knox St
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.

2601 N 58th St

1227 New Hampshire St

2350 N 44th St

2344 N 44th St

2380 N 44th St

4125 L St
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.

3405 Holdrege St

2384 N 44th St
Lincoln, NE Local Guide

How much does it cost to rent a home in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln 2 Bedroom Homes for Rent | $1,328 | $850 | $2,395 |
| Lincoln 3 Bedroom Homes for Rent | $1,769 | $995 | $2,595 |
| Lincoln 4 Bedroom Homes for Rent | $2,394 | $1,475 | $3,650 |
| Lincoln 5 Bedroom Homes for Rent | $2,166 | $1,800 | $2,500 |
Browse Top Homes for Rent in Lincoln
Explore Lincoln
Lincoln, NE Local Guide
- Lincoln Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Lincoln, NE
Pricing Updated: 01/05/2026Current apartment rentals in the Lincoln, NE area range in price from $250 to $4,000 with an overall median price of $2,448. The three Lincoln neighborhoods with the lowest median rent pricing are Everett at $649, Sunset Acres at $699, and University Place at $645. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Lincoln Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Everett | $800 | $649 | 1 |
| Sunset Acres | $1,250 | $699 | 4 |
| University Place | $1,250 | $645 | 7 |
| Witherbee | $1,298 | $250 | 132 |
| East Campus | $1,299 | $250 | 120 |
| 40th A | $1,348 | $250 | 136 |
| Hawley | $1,357 | $745 | 8 |
| Woods Park | $1,545 | $925 | 44 |
| Oak Hills | $1,549 | $899 | 25 |
| Indian Village | $1,595 | $575 | 60 |
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. Stony Ridge Apartments in the Havelock neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $250 |
| Stony Ridge Apartments | Studio | Studio,1BA | $665 |
| Latitude Lincoln | 4BR/3BA - C Terrace | 4BR,3BA | $679 |
| LivRed | D2 - 4x4 | 4BR,4BA | $685 |
| Garden Brooke Apartments | 1 Bed 1 Bath | 1BR,1BA | $695 |
| Century House | Large Furnished Studio | Studio,1BA | $695 |
| Arapahoe Village | One Bedroom | 1BR,1BA | $700 |
| Colonial Courts | 1 Bedroom | 1BR,1BA | $700 |
| 1940 Dudley Street | 1BR/1.0BA | 1BR,1BA | $739 |
| Salt Valley View Apartments | One Bedroom | 1BR,1BA | $750 |
Best Value Apartments for Rent in Lincoln, NE
As of January 05, 2026 the best value apartment in the Lincoln area is the $0.55 price per square foot D2 - 4x4 Model at LivRed in the in the Haymarket neighborhood starting from $685. The second greatest value Lincoln apartment is the 5102 Walker Ave Model at 5102 Walker Ave, Unit 3 starting at $1,250 with a $1.13 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| LivRed | D2 - 4x4 | 4BR,4BA | $0.55 |
| 5102 Walker Ave, Unit 3 | 5102 Walker Ave | 3BR,1BA | $1.13 |
| The Parkhaus - Leasing By Bedroom | Soze | 4BR,2BA | $0.60 |
| Fair Oaks | 2.1B | 2BR,1.5BA | $1.03 |
| Cherrywood Apartments | 2Bd/1Ba | 2BR,1BA | $0.97 |
| Regency | 1 Bed 1 Bath with Den | 1BR,1BA | $1.13 |
| 2023 S 24th St, Unit 2 | 2023 S 24th St | 2BR,1BA | $0.89 |
| 1940 Dudley Street | 1BR/1.0BA | 1BR,1BA | $1.12 |
| Arapahoe Village | One Bedroom | 1BR,1BA | $1.09 |
| Capitol View Tower Apartments - Seniors 62+ | 1 Bed, 1 bath | 1BR,1BA | $0.43 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Lincoln, NE
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lincoln, NE Rentals by Map
See the most popular apartments and homes in Lincoln, NE
Frequently Asked Questions about Lincoln
What type of rentals are currently available in Lincoln?
There are currently 1072 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $10,096. There are also 150 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $500 to $3,650.
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 $500 to $3,650 with an average monthly rent of $1,525.
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 $749 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $2,595. Four Bedroom Single-Family rentals are also available starting from $1,475 and Four Bedroom Apartments start at $679.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

