Cheap Apartments for Rent in the South 48th Street Neighborhood of Lincoln, NE from $500 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South 48th Street 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.

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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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
Thomasbrook2 Bed, 2 Bath - B10 1200 SF2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2035 S 50th St, Unit C2035 S 50th St2BR,1BA$0.95
Thomasbrook2 Bed, 2 Bath - B10 1200 SF2BR,2BA$1.37

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Pet Friendly Lifestyle
South 48th Street, Lincoln, NE

Ranked #51

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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.