Cheap Homes for Rent in Outer South Neighborhood of Lincoln, NE from $700 (23 Rentals)

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Search the lowest-cost Homes 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

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.

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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.

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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 $555. 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$555
The Grand ManseAerie StudioStudio,1BA$700
1421 P StreetStudio ApartmentStudio,1BA$700
Century HouseSmall Studio 2ndStudio,1BA$715

Best Value Apartments for Rent in Outer South, NE

As of July 26, 2025 the best value apartment in the Outer South area is the $1.05 price per square foot Presidential Luxury Townhome Model at Chateau At Holmes Lake in the in the Taylor Park neighborhood starting from $2,620. The second greatest value Outer South apartment is the B3 Townhome Model at Academy Lincoln starting at $925 with a $0.75 price per square foot in the Haymarket 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.
Chateau At Holmes LakePresidential Luxury Townhome3BR,2.5BA$1.05
Academy LincolnB3 Townhome2BR,2.5BA$0.75
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.14
Regency1 Bed 1 Bath with Den1BR,1BA$1.10
Salt Valley View ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
Argosy Apartments1Bd/1BA1BR,1BA$1.03
Colonial Courts2 Bedroom2BR,1BA$1.13
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.11
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Outer South

What type of rentals are currently available in Outer South?

There are currently 767 Apartments for Rent in Outer South, NE with pricing that ranges from $250 to $4,000. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer South ranging from $735 to $3,200.

What is the current price range for Rental Homes in Outer South?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer South ranges from $735 to $3,200 with an average monthly rent of $1,825.

How much are larger Three and Four Bedroom Rentals in Outer South?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer South range from $644 to $3,699, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,899 and Four Bedroom Apartments start at $555.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.