
Cheap Homes for Rent in University Place Neighborhood of Lincoln, NE from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Lincoln.


4541 Tranquility Dr

2330 N 44th St

3444 N 48th St

3609 Baldwin Ave
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.

2340 N 44th St

3405 Holdrege St

2384 N 44th St

2350 N 44th St

1507 David Dr
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.
University Place, Lincoln, NE Local Guide

How much does it cost to rent a home in University Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Place 2 Bedroom Homes for Rent | $1,103 | $885 | $1,500 |
| University Place 3 Bedroom Homes for Rent | $1,350 | $1,350 | $1,350 |
| University Place 4 Bedroom Homes for Rent | $2,232 | $1,699 | $3,250 |
| University Place 5 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the University Place Neighborhood of Lincoln, NE.
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University Place, Lincoln, NE Local Guide
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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 $595. LINQ Portfolio has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable University Place apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| LINQ Portfolio | LINQ West Lincoln (Saunders) 2 Bedroom | 1BR,1BA | $595 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $825 |
| Cheever Apartments | 1 Beds, 1 Baths | 1BR,1BA | $895 |
Best Value Apartments for Rent in University Place, NE
As of November 01, 2025 the best value apartment in the University Place area is the $1.05 price per square foot 4920 Garland St Model at 4920 Garland St, Unit 1 in the in the Taylor Park neighborhood starting from $875. The second greatest value University Place apartment is the One Bedroom Model at Square at 48 starting at $1,200 with a $1.50 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. |
|---|---|---|---|
| 4920 Garland St, Unit 1 | 4920 Garland St | 2BR,1BA | $1.05 |
| Square at 48 | One Bedroom | 1BR,1BA | $1.50 |
| Cheever Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.12 |
| LINQ Portfolio | LINQ Downtown (T Street) 2 Bedroom | 2BR,1BA | $1.01 |
| The Flats at Leighton District | Lexington II (Loft) | 1BR,1BA | $2.05 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $1.26 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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 #60
Among cities in Nebraska for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about University Place
What type of rentals are currently available in University Place?
There are currently 129 Apartments for Rent in University Place, NE with pricing that ranges from $749 to $1,399. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $885 to $3,250.
What is the current price range for Rental Homes in University Place?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Place ranges from $885 to $3,250 with an average monthly rent of $1,543.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.