Cheap Apartments for Rent in the Outer South Neighborhood of Lincoln, NE from $400 (144 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article

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.

Read Article

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
Showing Results 1-50, Page 1 of 3

Outer South, Lincoln, NE Local Guide

Cheapest Available Outer South Apartments for Rent

 

The cheapest available apartment rental in the Outer South area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. Latitude Lincoln has the second lowest priced unit, which is a 4 Beds apartment currently listed from $679. Here are the most affordable Outer South apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$679
LivRedD2 - 4x44BR,4BA$685
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
Colonial Courts1 Bedroom1BR,1BA$700
Arapahoe VillageOne Bedroom1BR,1BA$700
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750
Lakeview ParkCarter LakeStudio,1BA$799
The Grand ManseAerie StudioStudio,1BA$800
Kensington ParkStudioStudio,1BA$805

Best Value Apartments for Rent in Outer South, NE

As of December 16, 2025 the best value apartment in the Outer South area is the $0.60 price per square foot Soze Model at The Parkhaus - Leasing By Bedroom in the in the Haymarket neighborhood starting from $650. The second greatest value Outer South apartment is the 2Bd/1Ba Model at Cherrywood Apartments starting at $910 with a $0.97 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for Outer South apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Cherrywood Apartments2Bd/1Ba2BR,1BA$0.97
Kensington Park5100 Building Attached garage1BR,1.5BA$1.14
Regency1 Bed 1 Bath with Den1BR,1BA$1.13
Sutter Place1 Bed, 1 Bath1BR,1BA$1.19
Duluth Apartments2 Beds, 1 Baths2BR,1BA$1.13
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.15
Salt Valley View ApartmentsOne Bedroom1BR,1BA$1.15
Arapahoe VillageOne Bedroom1BR,1BA$1.09
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.

Read Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Outer South, Lincoln, NE

Ranked #2

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Outer South, Lincoln, NE

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across Nebraska and customized analysis for Central Lincoln. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for easy access to the parks, luxury amenities, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Outer South Apartments

What is a cheap apartment in Outer South?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Outer South is under $805.

What is the price of a cheap apartment in Outer South?

The cheapest apartment in Outer South is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in Outer South costs $4,000.

What types of apartments are the cheapest in Outer South?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 66 regular apartments in Outer South that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Outer South?

Cheap apartments in Outer South have an average cost of $341 which is $3,659 cheaper than the average rent for all rentals in Outer South.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.