Cheap Homes for Rent in South 48th Street Neighborhood of Lincoln, NE from $1,300 (4 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the South 48th Street area of Lincoln.

property at 4808 Hillside St

4808 Hillside St

LincolnNE68506

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.

South 48th Street, Lincoln, NE Local Guide

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

As of June 25, 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 Park41 - 2 bd/2 ba Model at Park41 Apartments starting at $1,100 with a $1.11 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
Park41 ApartmentsPark41 - 2 bd/2 ba2BR,2BA$1.11
Thomasbrook1 Bed, 1 Bath - A2 690 SF1BR,1BA$1.43

Quick Rent Budget Calculator

How much rent can you afford?

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about South 48th Street

What type of rentals are currently available in South 48th Street?

There are currently 48 Apartments for Rent in South 48th Street, NE with pricing that ranges from $795 to $2,450. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in South 48th Street ranging from $1,399 to $2,800.

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 $1,399 to $2,800 with an average monthly rent of $1,822.

How much are larger Three and Four Bedroom Rentals in South 48th Street?

For those who are looking for larger living arrangements, Three Bedroom Apartments in South 48th Street range from $1,050 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $2,450.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.