
Cheap Homes for Rent in the South 48th Street Neighborhood of Lincoln, NE from $900 (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
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.

1911 S 52nd St
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 | $995 | $995 | $995 |
| South 48th Street 3 Bedroom Homes for Rent | $1,769 | $1,575 | $1,925 |
| South 48th Street 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
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 July 24, 2026 the best value apartment in the South 48th Street area is the $1.28 price per square foot Park41 - 2 bd/2 ba Model at Park41 Apartments in the in the Taylor Park neighborhood starting from $1,265. 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 | $1.28 |
| 3831 S 46th St | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.04 |
| 4615 Prescott Avenue | 1 Beds, 1 Baths | 1BR,1BA | $1.32 |
Frequently Asked Questions about South 48th Street
What type of rentals are currently available in South 48th Street?
There are currently 40 Apartments for Rent in South 48th Street, NE with pricing that ranges from $795 to $1,412. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in South 48th Street ranging from $900 to $1,950.
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 $900 to $1,950 with an average monthly rent of $1,403.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.