Cheap Apartments for Rent in the South 48th Street Neighborhood of Lincoln, NE from $500 (11 Rentals)

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4831 South Street
Studio to 2 Bedroom Apartments

4831 South Street

2104 S 48th StLincoln, NE 68506

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.

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4000 S 51st St
Studio Apartments

4000 S 51st St

4000 S 51st StLincoln, NE 68506

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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4615 Prescott Avenue
1 to 2 Bedroom Apartments

4615 Prescott Avenue

4615-4621 Prescott AveLincoln, NE 68506
  • Utilities Included

South 48th Street, Lincoln, NE Local Guide

Cheapest Available South 48th Street Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Thomasbrook1 Bed, 1 Bath - A2 690 SF1BR,1BA$917
Park41 ApartmentsPark41 - 2 bd/2 ba2BR,2BA$1,145

Best Value Apartments for Rent in South 48th Street, NE

As of November 11, 2025 the best value apartment in the South 48th Street area is the $1.26 price per square foot Remodeled - 2 BD/2 BA Model at Park41 Apartments in the in the Taylor Park neighborhood starting from $1,245. The second greatest value South 48th Street apartment is the 1 Bed, 1 Bath - A1 620 SF Model at Thomasbrook starting at $939 with a $1.51 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park41 ApartmentsRemodeled - 2 BD/2 BA2BR,2BA$1.26
Thomasbrook1 Bed, 1 Bath - A1 620 SF1BR,1BA$1.51

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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.

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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.

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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.

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Pet Friendly Lifestyle
South 48th Street, Lincoln, NE

Ranked #51

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap South 48th Street Apartments

How much is rent for a Cheap One Bedroom South 48th Street Apartment?

The lowest price for a Cheap One Bedroom South 48th Street Apartment is $915 at Thomasbrook.

What is the lowest price for a Cheap Two Bedroom South 48th Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South 48th Street is starting from $1,145 at Park41 Apartments.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.