2601 N 47th St
LincolnNE68504
Cheap Homes for Rent in University Place Neighborhood of Lincoln, NE from $800 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Lincoln.
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.
1429 N 34th St
LincolnNE68503
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.
3405 Holdrege St
LincolnNE68503
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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 | $995 | $995 | $995 |
| University Place 3 Bedroom Homes for Rent | $1,550 | $1,550 | $1,550 |
| University Place 4 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in University Place, NE
As of May 17, 2026 the best value apartment in the University Place area is the $1.36 price per square foot Two Bedroom Model at Square at 48 in the in the Taylor Park neighborhood starting from $1,585. The second greatest value University Place apartment is the 4945 Walker Ave Model at 4945 Walker Ave, Unit Apt2 starting at $1,295 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. |
|---|---|---|---|
| Square at 48 | Two Bedroom | 2BR,2BA | $1.36 |
| 4945 Walker Ave, Unit Apt2 | 4945 Walker Ave | 3BR,2BA | $1.30 |
| Meadowlark | 1BR/1.0BA | 1BR,1BA | $1.17 |
| 4225 Baldwin Ave, Unit # 2 | 4225 Baldwin Ave | 2BR,1BA | $1.10 |
| The Flats at Leighton District | Lexington II (Loft) | 1BR,1BA | $2.05 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $1.26 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
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Pet Friendly LifestyleUniversity Place, Lincoln, NE
Ranked #68
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 130 Apartments for Rent in University Place, NE with pricing that ranges from $699 to $1,625. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $800 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 $800 to $3,250 with an average monthly rent of $1,489.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.