Cheap Apartments for Rent in the Norwood Park Neighborhood of Lincoln, NE from $600 (15 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Norwood Park area of Lincoln.

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5420-5430 Ervin St
1 to 2 Bedroom Apartments

5420-5430 Ervin St

5420-5430 Ervin StLincoln, NE 68504

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3706 N 44th St
2 Bedroom Apartments

3706 N 44th St

3706 N 44th StLincoln, NE 68504
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3721 N 56th St
2 Bedroom Apartments

3721 N 56th St

3721 N 56th StLincoln, NE 68504
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3800 N 52nd St
2 Bedroom Apartments

3800 N 52nd St

3800 N 52nd StLincoln, NE 68504

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Cheapest Available Norwood Park Apartments for Rent

 

The cheapest available apartment rental in the Norwood Park area of Lincoln, NE is a 1 Bed unit found at The Villa priced from $860. Meadowlark has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Norwood Park apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
The VillaBuilding A, B, and C1BR,1BA$860
Meadowlark1BR/1.0BA1BR,1BA$895
The Villas at Mahoney ParkKings Canyon1BR,1BA$1,495
Square at 48Two Bedroom2BR,2BA$1,585

Best Value Apartments for Rent in Norwood Park, NE

As of May 17, 2026 the best value apartment in the Norwood Park area is the $1.36 price per square foot Two Bedroom Model at Square at 48 in the in the Taylor Park neighborhood starting from $1,585. The second greatest value Norwood Park apartment is the 6240 Ballard Ave Model at 6240 Ballard Ave starting at $1,390 with a $1.20 price per square foot in the Havelock neighborhood. Here is today’s list of the best values for Norwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Square at 48Two Bedroom2BR,2BA$1.36
6240 Ballard Ave6240 Ballard Ave2BR,1.5BA$1.20
4945 Walker Ave, Unit Apt24945 Walker Ave3BR,2BA$1.30
The VillaBuilding D1BR,1BA$1.22
Meadowlark1BR/1.0BA1BR,1BA$1.17
The Villas at Mahoney ParkGlacier1BR,1BA$2.06
4225 Baldwin Ave, Unit # 24225 Baldwin Ave2BR,1BA$1.10

Frequently Asked Questions about Cheap Norwood Park Apartments

How much is rent for a Cheap One Bedroom Norwood Park Apartment?

The lowest price for a Cheap One Bedroom Norwood Park Apartment is $860 at The Villa.

What is the lowest price for a Cheap Two Bedroom Norwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Norwood Park is starting from $980 at The Villa.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.