
Cheap Apartments for Rent in the Near South Neighborhood of Lincoln, NE from $400 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in the Near South area of Lincoln.


1609 D Street

2428 D St

1955 G Street

Brown Apts So. 26th St.

1820 F St

920 S 22nd St

1221 S 23rd St

1210 S 24th St

1637 D St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1840 B St

1641 Sumner St

1712 C St

1711 D St

924 S 22nd St

1621 C St

1930 Washington St

Sutton Place

1532 S 20th St

2423 B St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2118 E St

1336 S 25th St

1237 S 27th St

1253 S 27th St

904 S 17th St

1845 F St

1630 G St

1322 E St

1232 B St

930 S 17th St
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.

829-833 S 13th St

1738 G St

829 Goodhue Blvd

1635 F St

1942 G St

828 S 16th St

1445 E St

2301 South St

1230 D St

2433 E 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.

1606 Washington St

2420 E St

1720 A St

1436 Peach St

1525 S 19th St

1821 G St

1336 B St

1736 South St

1540 S 20th St

Studio Floorplan
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.
Near South, Lincoln, NE Local Guide

How much does it cost to rent an apartment in Near South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Near South Studio Apartments | $699 | $699 | $699 |
| Near South 1 Bedroom Apartments | $949 | $600 | $1,085 |
| Near South 2 Bedroom Apartments | $1,245 | $795 | $1,290 |
| Near South 3 Bedroom Apartments | $1,797 | $1,795 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 72 rentals with your search options within a 2 mile radius of the Near South Neighborhood of Lincoln, NE.
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Near South, Lincoln, NE Local Guide
- Nearby Lincoln neighborhoods
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Cheapest Available Near South Apartments for Rent
 The cheapest available apartment rental in the Near South area of Lincoln, NE is a 1 Bed unit found at 1724 D St priced from $599. 1001 S 26th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. Here are the most affordable Near South apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1724 D St | 1 Beds, 1 Baths | 1BR,1BA | $599 |
| 1001 S 26th St | 1 Beds, 1 Baths | 1BR,1BA | $619 |
| 1739 G St. | 1739 G Studio | 1BR,1BA | $625 |
| 1420 E St | 1BR/1.0BA | 1BR,1BA | $650 |
| 1414 C St | 0 Beds, 1 Baths | Studio,1BA | $650 |
| 1730 G St | 1 Beds, 1 Baths | 1BR,1BA | $695 |
| 1955 G Street | 1BR/1.0BA | 1BR,1BA | $695 |
| Brown Apts So. 26th St. | 1BR/1.0BA | 1BR,1BA | $695 |
| 2444 E St | 2 Beds, 1 Baths | 2BR,1BA | $699 |
| 2501 E St | 1 Beds, 1 Baths | 1BR,1BA | $719 |
Best Value Apartments for Rent in Near South, NE
As of August 23, 2026 the best value apartment in the Near South area is the $1.21 price per square foot 1717 D St Model at 1717 D St, Unit 1 in the in the Haymarket neighborhood starting from $1,800. The second greatest value Near South apartment is the 2BR/1.0BA Model at Porchlight Apartments starting at $1,220 with a $1.30 price per square foot in the Haymarket neighborhood. Here is today’s list of the best values for Near South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1717 D St, Unit 1 | 1717 D St | 3BR,2.5BA | $1.21 |
| Porchlight Apartments | 2BR/1.0BA | 2BR,1BA | $1.30 |
| 2501 E St | 1 Beds, 1 Baths | 1BR,1BA | $0.93 |
| 1955 G Street | 1BR/1.0BA | 1BR,1BA | $0.93 |
| 2000 Washington St | 2 Beds, 1 Baths | 2BR,1BA | $1.20 |
| 1310 A St | 2 Beds, 1 Baths | 2BR,1BA | $1.15 |
| 1820 F St | 1 Beds, 1 Baths | 1BR,1BA | $1.18 |
| 2444 E St | 2 Beds, 1 Baths | 2BR,1BA | $1.29 |
| 1730 G St | 1 Beds, 1 Baths | 1BR,1BA | $1.21 |
| 1739 G St. | 1739 G Studio | 1BR,1BA | $1.33 |
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 ArticleReal 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 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.
Pet Friendly LifestyleNear South, Lincoln, NE
Ranked #59
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Near South Apartments
How much is rent for a Cheap One Bedroom Near South Apartment?
The lowest price for a Cheap One Bedroom Near South Apartment is $599 at 1724 D St.
What is the lowest price for a Cheap Two Bedroom Near South Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Near South is starting from $699 at 2444 E St.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.