Cheap Apartments for Rent in the South Lincoln Neighborhood of Lincoln, NE from $400 (187 Rentals)

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

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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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 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.

Read Article
Showing Results 1-50, Page 1 of 4

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. LivRed has the second lowest priced unit, which is a 4 Beds apartment currently listed from $645. 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
LivRedD1 - 4x44BR,4BA$645
Latitude Lincoln4BR/3BA - C Terrace4BR,3BA$659
Arapahoe VillageOne Bedroom1BR,1BA$685
Century Houselarge StudioStudio,1BA$695
MEADOW WOODOpen living space + spacious master *WAITLIST*1BR,1BA$755
Duluth Apartments1 Beds, 1 Baths1BR,1BA$765
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$795
The Grand ManseAerie StudioStudio,1BA$800
Kensington ParkStudioStudio,1BA$805

Best Value Apartments for Rent in South Lincoln, NE

As of October 08, 2025 the best value apartment in the South Lincoln area is the $0.60 price per square foot Soze Model at The Parkhaus - Leasing By Bedroom in the in the Haymarket neighborhood starting from $650. The second greatest value South Lincoln apartment is the 2 Bedroom, 1 Bathroom - 1032 SF Model at Marshall Apartments starting at $1,099 with a $1.06 price per square foot in the West A 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.
The Parkhaus - Leasing By BedroomSoze4BR,2BA$0.60
Marshall Apartments2 Bedroom, 1 Bathroom - 1032 SF2BR,1BA$1.06
335 S 26th St2 Beds, 1 Baths2BR,1BA$1.04
The VillaBuilding A, B, and C2BR,1.5BA$1.01
Cherrywood Apartments2Bd/1Ba2BR,1BA$0.97
Salt Valley View ApartmentsTwo Bedroom 1.5 Bath2BR,1.5BA$1.04
MEADOW WOODOpen living space + spacious master *WAITLIST*1BR,1BA$1.02
Garden Brooke Apartments2 Bed 1 Bath2BR,1BA$1.11
Arapahoe VillageOne Bedroom1BR,1BA$1.07
Capitol View Tower Apartments - Seniors 62+1 Bed, 1 bath1BR,1BA$0.43

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.

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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.

Getting Around the South Lincoln Neighborhood in Lincoln, NE

Walk Score®

49 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Transit Score®

21 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $805.

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 80 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 $301 which is $3,699 cheaper than the average rent for all rentals in South Lincoln.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.