
Cheap Apartments for Rent in the Norwood Park Neighborhood of Lincoln, NE from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood Park area of Lincoln.


The Villa

Square at 48

Countyshire Apartments
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.

Stony Ridge Apartments

Total Monthly Price
4945 Walker Ave, Unit Apt2, Unit Apt2

Cotner Center Condominium

5420-5430 Ervin St

5440 Cleveland Avenue
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.

3706 N 44th St

4925 Greenwood St

4912 Cleveland Ave

3721 N 56th St

3800 N 52nd St
Cash 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.
Norwood Park, Lincoln, NE Local Guide

How much does it cost to rent an apartment in Norwood Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Norwood Park Studio Apartments | $1,110 | $665 | $1,175 |
| Norwood Park 1 Bedroom Apartments | $1,315 | $700 | $2,194 |
| Norwood Park 2 Bedroom Apartments | $1,533 | $825 | $2,364 |
| Norwood Park 3 Bedroom Apartments | $1,897 | $1,195 | $2,380 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Norwood Park Neighborhood of Lincoln, NE.
See all Apartments in LincolnExplore Lincoln
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Villa | Building A, B, and C | 1BR,1BA | $860 |
| Meadowlark | 1BR/1.0BA | 1BR,1BA | $895 |
| The Villas at Mahoney Park | Kings Canyon | 1BR,1BA | $1,495 |
| Square at 48 | Two Bedroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Square at 48 | Two Bedroom | 2BR,2BA | $1.36 |
| 6240 Ballard Ave | 6240 Ballard Ave | 2BR,1.5BA | $1.20 |
| 4945 Walker Ave, Unit Apt2 | 4945 Walker Ave | 3BR,2BA | $1.30 |
| The Villa | Building D | 1BR,1BA | $1.22 |
| Meadowlark | 1BR/1.0BA | 1BR,1BA | $1.17 |
| The Villas at Mahoney Park | Glacier | 1BR,1BA | $2.06 |
| 4225 Baldwin Ave, Unit # 2 | 4225 Baldwin Ave | 2BR,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

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.

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.

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.

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.
