
Cheap Apartments for Rent in the South 48th Street Neighborhood of Lincoln, NE from $560 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the South 48th Street area of Lincoln.


Park41 Apartments

Antelope Gardens

2104 S 48th St

4530 Bancroft Ave

4000 S 51st St

4523 Prescott Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1940 S Cotner Blvd

2105 S 49th

3820 S 46th St

4517 Stockwell St

4828 Meredeth St

3840 S 46th St

3843 S 46th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

4001 S 51st St

2035 S 50th St

Parkside Apartments

4615 Prescott Avenue

4520 Bancroft Avenue

1 Prescott Ave

4615 Meredeth Street
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,005 | $795 | $1,138 |
| South 48th Street 2 Bedroom Apartments | $1,119 | $875 | $1,265 |
| South 48th Street 3 Bedroom Apartments | $1,125 | $1,100 | $1,150 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the South 48th Street Neighborhood of Lincoln, NE.
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Cheapest Available South 48th Street Apartments for Rent
 The cheapest available apartment rental in the South 48th Street area of Lincoln, NE is a 2 Beds unit found at 3831 S 46th St priced from $995. Thomasbrook has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,208. Here are the most affordable South 48th Street apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1BA | $995 |
| Thomasbrook | 2 Bed, 2 Bath - B4 950 SF | 2BR,2BA | $1,208 |
| Park41 Apartments | Park41 - 2 bd/2 ba | 2BR,2BA | $1,215 |
Best Value Apartments for Rent in South 48th Street, NE
As of August 28, 2026 the best value apartment in the South 48th Street area is the $1.23 price per square foot Park41 - 2 bd/2 ba Model at Park41 Apartments in the in the Taylor Park neighborhood starting from $1,215. The second greatest value South 48th Street apartment is the 2 Beds, 1.5 Baths Model at 3831 S 46th St starting at $995 with a $1.04 price per square foot in the South 48th Street 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. |
|---|---|---|---|
| Park41 Apartments | Park41 - 2 bd/2 ba | 2BR,2BA | $1.23 |
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.04 |
| Thomasbrook | 2 Bed, 2 Bath - B4 950 SF | 2BR,2BA | $1.27 |
Frequently Asked Questions about Cheap South 48th Street Apartments
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 $995 at 3831 S 46th St.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.