
Cheap Apartments for Rent in the Norwood Park Neighborhood of Lincoln, NE from $500 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Norwood Park area of Lincoln.


Square at 48

The Villa

Meadowlark

Stony Ridge Apartments
Rent According to Income: A Look at Income-Restricted Rentals
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Countyshire Apartments

Total Monthly Price
4945 Walker Ave, Unit Apt1

Cotner Center Condominium

5420-5430 Ervin St

5440 Cleveland Avenue
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.

4925 Greenwood St

3706 N 44th St

4912 Cleveland Ave

3800 N 52nd St

3721 N 56th 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.
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 | $1,132 | $1,075 | $1,175 |
| Norwood Park 1 Bedroom Apartments | $1,233 | $650 | $1,596 |
| Norwood Park 2 Bedroom Apartments | $1,473 | $895 | $1,875 |
| Norwood Park 3 Bedroom Apartments | $2,073 | $1,500 | $2,360 |
| Norwood Park 4 Bedroom Apartments | $1,824 | $1,749 | $1,900 |
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.
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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 4912 Cleveland Ave priced from $595. 3629 N 60th St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here are the most affordable Norwood Park apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 4912 Cleveland Ave | 1 Beds, 1 Baths | 1BR,1BA | $595 |
| 3629 N 60th St | 1 Beds, 1 Baths | 1BR,1BA | $795 |
| The Villa | Building A, B, and C | 1BR,1BA | $860 |
| The Villas at Mahoney Park | Zion | 1BR,1BA | $1,235 |
| Square at 48 | Two Bedroom | 2BR,2BA | $1,550 |
Best Value Apartments for Rent in Norwood Park, NE
As of August 16, 2026 the best value apartment in the Norwood Park area is the $0.87 price per square foot 4945 Walker Ave Model at 4945 Walker Ave, Unit Apt1 in the in the Taylor Park neighborhood starting from $1,749. 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. |
|---|---|---|---|
| 4945 Walker Ave, Unit Apt1 | 4945 Walker Ave | 4BR,2BA | $0.87 |
| 6240 Ballard Ave | 6240 Ballard Ave | 2BR,1.5BA | $1.20 |
| Square at 48 | Cottonwood | 2BR,2BA | $1.54 |
| The Villa | Building D | 1BR,1BA | $1.22 |
| The Villas at Mahoney Park | Glacier | 1BR,1BA | $1.98 |
| 3629 N 60th St | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
| 4912 Cleveland Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.32 |
| 2500 North 56th Street | 1 Beds, 1 Baths | 1BR,1BA | $1.56 |
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 $595 at 4912 Cleveland Ave.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.