Cheap Apartments for Rent in the Outer South Neighborhood of Lincoln, NE from $400 (123 Rentals)

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

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.

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

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property at 1646 E St

1646 E St

LincolnNE68508

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

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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 $599. 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$599
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$675
Century Houselarge StudioStudio,1BA$695
The Grand ManseAerie StudioStudio,1BA$700
Duluth Apartments1 Beds, 1 Baths1BR,1BA$745
Lakeview ParkCarter LakeStudio,1BA$794
601 So. 18th St.1 Bedroom1BR,1BA$795
Kensington ParkStudioStudio,1BA$805
COLONIAL HEIGHTS1 BED 1BA UA1BR,1BA$815

Best Value Apartments for Rent in Outer South, NE

As of June 06, 2025 the best value apartment in the Outer South area is the $0.61 price per square foot 2 Bed/2 Bath Model at WC Shinn Lofts in the in the Haymarket neighborhood starting from $1,280. The second greatest value Outer South apartment is the 2035 S 50th St Model at 2035 S 50th St, Unit C starting at $1,210 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.
WC Shinn Lofts2 Bed/2 Bath2BR,2BA$0.61
2035 S 50th St, Unit C2035 S 50th St2BR,1BA$0.97
Academy LincolnB3 Townhome2BR,2.5BA$0.75
1710 Prospect St1710 Prospect St2BR,1BA$1.05
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Arapahoe VillageTwo Bedroom2BR,1BA$0.87
Cherrywood Apartments2Bd/2/Bd2BR,2BA$1.06
Salt Valley View ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.03
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Outer South, Lincoln, NE

Ranked #2

Among neighborhoods in Lincoln, NE for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $815.

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 78 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 $320 which is $3,680 cheaper than the average rent for all rentals in Outer South.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.