
Cheap Homes for Rent in South 48th Street Neighborhood of Lincoln, NE from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the South 48th Street area of Lincoln.


3831 S 46th St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

4829 Calvert St, Unit 2

4210 S 49th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4825 Calvert St, Unit 1
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 | $1,097 | $995 | $1,200 |
| South 48th Street 4 Bedroom Homes for Rent | $1,899 | $1,899 | $1,899 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 1 mile radius of the South 48th Street Neighborhood of Lincoln, NE.
Explore Lincoln
Cheapest Available South 48th Street Apartments for Rent
 The cheapest available apartment rental in the South 48th Street area of Lincoln, NE is a 1 Bed unit found at Thomasbrook priced from $916. 4831 South Street has the second lowest priced unit, which is a 2 Beds apartment currently listed from $999. Here are the most affordable South 48th Street apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Thomasbrook | 1 Bed, 1 Bath - A1 620 SF | 1BR,1BA | $916 |
| 4831 South Street | 2BR/1.0BA | 2BR,1BA | $999 |
| Park41 Apartments | Park41 - 1 bd/1ba Remodeled | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in South 48th Street, NE
As of April 25, 2026 the best value apartment in the South 48th Street area is the $1.10 price per square foot 2BR/1.0BA Model at 4831 South Street in the in the Taylor Park neighborhood starting from $999. The second greatest value South 48th Street apartment is the Park41 - 1 bd/1ba Remodeled Model at Park41 Apartments starting at $1,075 with a $1.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 4831 South Street | 2BR/1.0BA | 2BR,1BA | $1.10 |
| Park41 Apartments | Park41 - 1 bd/1ba Remodeled | 1BR,1BA | $1.48 |
| Thomasbrook | 1 Bed, 1 Bath - A1 620 SF | 1BR,1BA | $1.48 |
Frequently Asked Questions about South 48th Street
What type of rentals are currently available in South 48th Street?
There are currently 41 Apartments for Rent in South 48th Street, NE with pricing that ranges from $795 to $1,395. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in South 48th Street ranging from $995 to $1,899.
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 $995 to $1,899 with an average monthly rent of $1,498.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.