4119 S 46th St
LincolnNE68506
Cheap Homes for Rent in the South 48th Street Neighborhood of Lincoln, NE from $725 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the South 48th Street area of Lincoln.
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.
3831 S 46th St
LincolnNE68506
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.
3584 Neerpark Dr
LincolnNE68506
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South 48th Street, Lincoln, NE Local Guide
How much does it cost to rent a home in South 48th Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South 48th Street 2 Bedroom Homes for Rent | $1,363 | $995 | $1,695 |
| South 48th Street 3 Bedroom Homes for Rent | $1,708 | $1,600 | $1,800 |
| South 48th Street 4 Bedroom Homes for Rent | $1,949 | $1,900 | $1,999 |
| South 48th Street 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the South 48th Street Neighborhood of Lincoln, NE.
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Best Value Apartments for Rent in South 48th Street, NE
As of September 08, 2026 the best value apartment in the South 48th Street area is the $1.31 price per square foot Remodeled - 2 BD/2 BA Model at Park41 Apartments in the in the Taylor Park neighborhood starting from $1,295. 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 | Remodeled - 2 BD/2 BA | 2BR,2BA | $1.31 |
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.04 |
| 4828 Meredeth St | 2 Beds, 1 Baths | 2BR,1BA | $1.06 |
Frequently Asked Questions about South 48th Street
What type of rentals are currently available in South 48th Street?
There are currently 42 Apartments for Rent in South 48th Street, NE with pricing that ranges from $680 to $1,999. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in South 48th Street ranging from $725 to $2,100.
What is the current price range for Rental Homes in South 48th Street?
Today's rental pricing for Homes for Rent, Condos and Townhomes in South 48th Street ranges from $725 to $2,100 with an average monthly rent of $1,559.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
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.