Cheap Apartments for Rent in the South Lincoln Neighborhood of Lincoln, NE from $400 (197 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Lincoln area of Lincoln.

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.

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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.

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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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South Lincoln, Lincoln, NE Local Guide

Cheapest Available South Lincoln Apartments for Rent

 

The cheapest available apartment rental in the South Lincoln area of Lincoln, NE is a 1 Bed unit found at Capitol View Tower Apartments - Seniors 62+ priced from $250. Stony Ridge Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $665. Here are the most affordable South Lincoln apartments for rent in Lincoln, NE:

Apartment ListingModel NameBed/BathPriced From
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$250
Stony Ridge ApartmentsStudioStudio,1BA$665
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$679
LivRedD2 - 4x44BR,4BA$685
Garden Brooke Apartments1 Bed 1 Bath1BR,1BA$695
Century HouseLarge Furnished StudioStudio,1BA$695
Arapahoe VillageOne Bedroom1BR,1BA$700
Colonial Courts1 Bedroom1BR,1BA$700
1940 Dudley Street1BR/1.0BA1BR,1BA$739
Salt Valley View ApartmentsOne Bedroom1BR,1BA$750

Best Value Apartments for Rent in South Lincoln, NE

As of January 08, 2026 the best value apartment in the South Lincoln area is the $0.55 price per square foot D2 - 4x4 Model at LivRed in the in the Haymarket neighborhood starting from $685. The second greatest value South Lincoln apartment is the 5102 Walker Ave Model at 5102 Walker Ave, Unit 3 starting at $1,250 with a $1.13 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for South Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LivRedD2 - 4x44BR,4BA$0.55
5102 Walker Ave, Unit 35102 Walker Ave3BR,1BA$1.13
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Fair Oaks2.1B2BR,1.5BA$1.03
Cherrywood Apartments2Bd/1Ba2BR,1BA$0.97
Regency1 Bed 1 Bath with Den1BR,1BA$1.13
2023 S 24th St, Unit 22023 S 24th St2BR,1BA$0.89
1940 Dudley Street1BR/1.0BA1BR,1BA$1.12
Arapahoe VillageOne Bedroom1BR,1BA$1.09
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
South Lincoln, Lincoln, NE

Ranked #1

Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Lincoln, Lincoln, NE

School data provided by Great Schools

Lifestyle Ratings

Our team works hard to bring you Lifestyle Ratings of neighborhoods, areas, and rental properties across Nebraska and customized analysis for Central Lincoln. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, family-friendly amenities, and other valuable search options. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap South Lincoln Apartments

What is a cheap apartment in South Lincoln?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Lincoln is under $750.

What is the price of a cheap apartment in South Lincoln?

The cheapest apartment in South Lincoln is Capitol View Tower Apartments - Seniors 62+ which is listed at $250, while the average apartment in South Lincoln costs $4,000.

What types of apartments are the cheapest in South Lincoln?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 96 regular apartments in South Lincoln that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Lincoln?

Cheap apartments in South Lincoln have an average cost of $367 which is $3,633 cheaper than the average rent for all rentals in South Lincoln.

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

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!