Cheap Homes for Rent in Lincoln, NE from $625 (37 Rentals)

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

property at 1400 Garfield St
$625 - $745
1 Bedroom Rentals
Available Now
Affordability

1400 Garfield St

LincolnNE68502
property at 749 New Hampshire St
$700 - $1,200

Total Monthly Price

Base Rent$700 - $1,200

Total Monthly Price$700 - $1,200
1 To 2 Bedroom Homes for Rent
Available Now
Furnished

749 New Hampshire St

LincolnNE68508
  • Smoke Free
property at 2727 P St
$750 - $875
1 To 2 Bedroom Rentals
Available Now
Affordability

2727 P St

LincolnNE68503

Rent According to Income: A Look at Income-Restricted Rentals

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property at 922 A St
$975 - $1,295
2 To 3 Bedroom Rentals
Available Now
Affordability

922 A St

LincolnNE68502

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 3405 Holdrege St
$1,150 - $1,195
2 Bedroom Rentals
Available Now
Affordability

3405 Holdrege St

LincolnNE68503
property at 1417 N 20th St
$1,199
3 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

1417 N 20th St

LincolnNE68503

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property at 1430 N 53rd St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Now

1430 N 53rd St

LincolnNE68504

Lincoln, NE Local Guide

Cheapest Neighborhoods for Apartments in Lincoln, NE

Pricing Updated: 09/13/2026

Current apartment rentals in the Lincoln, NE area range in price from $250 to $4,995 with an overall median price of $1,291. The three Lincoln neighborhoods with the lowest median rent pricing are Everett at $999, Downtown Lincoln at $1,025, and South 48th Street at $1,083. 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$999$8002
Downtown Lincoln$1,025$250151
South 48th Street$1,083$68013
Capitol Beach$1,085$539154
Sunset Acres$1,177$6506
North Bottoms$1,185$250217
University Haymarket Park$1,194$250211
University Place$1,199$65014
Malone$1,200$25046
Clinton$1,220$250209

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. 1724 D St in the Haymarket neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $579. 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
1724 D St1 Beds, 1 Baths1BR,1BA$579
4912 Cleveland Ave1 Beds, 1 Baths1BR,1BA$599
1123 F St1 Beds, 1 Baths1BR,1BA$599
1129 E St1 Beds, 1 Baths1BR,1BA$619
1001 S 26th St1 Beds, 1 Baths1BR,1BA$619
648 S 12th - 12H Apartments0BR/1.0BAStudio,1BA$650
1420 E St1BR/1.0BA1BR,1BA$650
301 S 181BR/1.0BA1BR,1BA$650
1730 G St1 Beds, 1 Baths1BR,1BA$650

Best Value Apartments for Rent in Lincoln, NE

As of September 13, 2026 the best value apartment in the Lincoln area is the $1.00 price per square foot 3 Beds, 2 Baths Model at 2710 N 1st St in the in the Clinton neighborhood starting from $1,595. The second greatest value Lincoln apartment is the D1 - 4x4 Model at LivRed starting at $775 with a $0.60 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.
2710 N 1st St3 Beds, 2 Baths3BR,2BA$1.00
LivRedD1 - 4x44BR,4BA$0.60
The Quarters LincolnC - 3x33BR,3BA$0.64
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
901 N 25th St, Unit #1901 N 25th St2BR,1BA$1.00
1101 D2BR/1.5BA2BR,1.5BA$0.99
2501 E St1 Beds, 1 Baths1BR,1BA$0.93
1123 F St2 Beds, 1 Baths2BR,1BA$0.93
1955 G Street1BR/1.0BA1BR,1BA$0.93
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,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.

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
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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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Lincoln, NE
Population: 287,401

Ranked #70

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 1100 Apartments for Rent in Lincoln, NE with pricing that ranges from $250 to $4,995. There are also 155 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $625 to $3,950.

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 $625 to $3,950 with an average monthly rent of $1,664.

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 $690 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,085 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $539.

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

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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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.