
Cheap Apartments for Rent in the University Place Neighborhood of Lincoln, NE from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Place area of Lincoln.


Meadowlark

Square at 48 CLO

Countyshire Apartments

Total Monthly Price
4945 Walker Ave, Unit Apt2, Unit Apt2

Meadowlark Apartments

Shacks, LLC

Cheever Apartments

5420-5430 Ervin 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.

1625 Deweese Dr

5125 Huntington Ave

5440 Cleveland Avenue

4832 Garland St

4925 Greenwood St

3706 N 44th St

35 West

4912 Cleveland Ave

1502 David Dr
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.

The Pines

4221 Holdrege St

4011 Saint Paul Ave

3721 N 56th St

3800 N 52nd St

The Flats at Leighton District

LINQ Portfolio

Cheever Pointe Apartments

Crescent Plaza Apartments
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.

4840 Cleveland Avenue

4917 Walker Ave

286049

4717 Baldwin Ave

3500 S 35th St

1501 David Dr

3201 N 41st St

Visser Apartments

Ashley Square Apartments
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.

4633 Baldwin Ave

Lincoln Manor
University Place, Lincoln, NE Local Guide

How much does it cost to rent an apartment in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place Studio Apartments | $1,048 | $950 | $1,100 |
| University Place 1 Bedroom Apartments | $873 | $425 | $1,245 |
| University Place 2 Bedroom Apartments | $1,268 | $900 | $1,550 |
| University Place 3 Bedroom Apartments | $1,295 | $1,295 | $1,295 |
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Lincoln, NE.
See all Apartments in LincolnExplore Lincoln
University Place, Lincoln, NE Local Guide
- Nearby Lincoln neighborhoods
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Cheapest Available University Place Apartments for Rent
 The cheapest available apartment rental in the University Place area of Lincoln, NE is a 1 Bed unit found at LINQ Portfolio priced from $825. Cheever Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable University Place apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $825 |
| Cheever Apartments | 1 Beds, 1 Baths | 1BR,1BA | $895 |
| Meadowlark | 2BR/1.0BA | 2BR,1BA | $995 |
| The Flats at Leighton District | Baldwin I | Studio,1BA | $1,038 |
| Square at 48 | Studio | Studio,1BA | $1,040 |
Best Value Apartments for Rent in University Place, NE
As of April 23, 2026 the best value apartment in the University Place area is the $1.12 price per square foot 2BR/1.0BA Model at Meadowlark in the in the Taylor Park neighborhood starting from $995. The second greatest value University Place apartment is the 2 Beds, 1 Baths Model at Cheever Apartments starting at $1,095 with a $1.30 price per square foot in the Taylor Park neighborhood. Here is today’s list of the best values for University Place apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowlark | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Cheever Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.30 |
| The Flats at Leighton District | Lexington II (Loft) | 1BR,1BA | $2.05 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $1.26 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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 ArticleQuick 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.
Pet Friendly LifestyleUniversity Place, Lincoln, NE
Ranked #55
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap University Place Apartments
What is the lowest price for a Cheap Two Bedroom University Place Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Place is starting from $995 at Meadowlark.
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.