Cheap Apartments for Rent in the South 48th Street Neighborhood of Lincoln, NE from $500 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the South 48th Street area of Lincoln.

Antelope Gardens
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.
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.
South 48th Street, Lincoln, NE Local Guide

How much does it cost to rent an apartment in South 48th Street?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South 48th Street 1 Bedroom Apartments | $1,084 | $795 | $1,311 |
South 48th Street 2 Bedroom Apartments | $1,199 | $825 | $1,981 |
South 48th Street 3 Bedroom Apartments | $1,312 | $1,050 | $1,500 |
South 48th Street 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the South 48th Street Neighborhood of Lincoln, NE.
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South 48th Street, Lincoln, NE Local Guide
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Cheapest Available South 48th Street Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Thomasbrook | 2 Bed, 2 Bath - B10 1200 SF | 2BR,2BA | $1,650 |
Best Value Apartments for Rent in South 48th Street, NE
As of July 14, 2025 the best value apartment in the South 48th Street area is the $0.95 price per square foot 2035 S 50th St Model at 2035 S 50th St, Unit C in the in the Taylor Park neighborhood starting from $1,190. The second greatest value South 48th Street apartment is the 2 Bed, 2 Bath - B10 1200 SF Model at Thomasbrook starting at $1,649 with a $1.37 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for South 48th Street apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2035 S 50th St, Unit C | 2035 S 50th St | 2BR,1BA | $0.95 |
Thomasbrook | 2 Bed, 2 Bath - B10 1200 SF | 2BR,2BA | $1.37 |
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Pet Friendly LifestyleSouth 48th Street, Lincoln, NE
Ranked #51
Among neighborhoods in Lincoln, NE for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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.

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.

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.

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.

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.