
Cheap Homes for Rent in the University Place Neighborhood of Lincoln, NE from $800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the University Place area of Lincoln.


2740 N 49th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2350 N 44th St

3341 Holdrege St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2380 N 44th St
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 | $1,123 | $995 | $1,200 |
| University Place 3 Bedroom Homes for Rent | $1,375 | $1,375 | $1,375 |
| University Place 5 Bedroom Homes for Rent | $2,000 | $2,000 | $2,000 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Countyshire Apartments priced from $700. 4900 Huntington Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable University Place apartments for rent in Lincoln, NE:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Countyshire Apartments | 1x1-640sqf | 1BR,1BA | $700 |
| 4900 Huntington Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $825 |
Best Value Apartments for Rent in University Place, NE
As of July 24, 2026 the best value apartment in the University Place area is the $0.87 price per square foot 4945 Walker Ave Model at 4945 Walker Ave, Unit Apt1 in the in the Taylor Park neighborhood starting from $1,749. The second greatest value University Place apartment is the Cottonwood Model at Square at 48 starting at $1,550 with a $1.54 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. |
|---|---|---|---|
| 4945 Walker Ave, Unit Apt1 | 4945 Walker Ave | 4BR,2BA | $0.87 |
| Square at 48 | Cottonwood | 2BR,2BA | $1.54 |
| Shacks, LLC | 2 Beds, 1 Baths | 2BR,1BA | $1.45 |
| 4701-4715 Gladstone St | 2 Beds, 1 Baths | 2BR,1BA | $1.27 |
| 286049 | 2 Beds, 1 Baths | 2BR,1BA | $1.28 |
| LINQ Portfolio | 1429 N 34 | 1BR,1BA | $1.26 |
| Countyshire Apartments | 1x1-640sqf | 1BR,1BA | $1.09 |
| 5050 Cleveland Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.50 |
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.
Read ArticleReal 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.
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 $425 to $1,849. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Place ranging from $885 to $2,000.
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 $2,000 with an average monthly rent of $1,353.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.