Best Affordable Neighborhoods in Lincoln, NE
Some of the cheapest neighborhoods in Lincoln are Near South, Bethany Park, and West A. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of March 21, 2026, the average rent in Lincoln is $1,095, which is 2.1% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Near South
Average Rent
$746/Month
Year-Over-Year Rent Change
1.2%
Units Available
11 Rentals
Near South is a top choice for budget-conscious renters for a variety of reasons. The average rent in Near South is $746 while the city average is $1,095. This is a 1.2% difference from last year. Residents enjoy convenient access to South Street Plaza, Lincoln Children's Museum, and Mueller Planetarium.
Bethany Park
Average Rent
$840/Month
Units Available
15 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out Bethany Park. The average rent is $840, compared to the city average of $1,095. Bethany Park is convenient to Maxwell Arboretum, Lincoln Children's Zoo, and University of Nebraska-Lincoln.
West A
Average Rent
$932/Month
Year-Over-Year Rent Change
0.1%
Units Available
15 Rentals
West A is an affordable neighborhood in Lincoln with an average rent price of $932. Compare this to the city average of $1,095. In the past year, rent prices have decreased by 0.1%. West A provides easy access to University of Nebraska-Lincoln, Westgate, and University of Nebraska State Museum.
Bethany
Average Rent
$977/Month
Year-Over-Year Rent Change
0.6%
Units Available
31 Rentals
Bethany is a historic neighborhood residents love because of its quiet streets and close-knit community. Bethany Park and Gateway Mall are two neighborhood staples, ensuring residents enjoy a balance of natural charm and modern convenience.
Lionsgate
Average Rent
$992/Month
Units Available
14 Rentals
If you’re looking for a great, affordable neighborhood in Lincoln, Lionsgate might be the perfect place! It has an average rent price of $992, while the city’s average stands at $1,095. Lionsgate is near Maxwell Arboretum, Lincoln Children's Museum, and University of Nebraska-Lincoln.
Hartley
Average Rent
$1,002/Month
Year-Over-Year Rent Change
1.6%
Units Available
16 Rentals
Hartley is a cheerful suburban neighborhood popular for its proximity to Downtown Lincoln. Residents of Hartley appreciate the nearby local businesses and public amenities that give the neighborhood a community feel.
Tierra
Average Rent
$1,040/Month
Units Available
11 Rentals
Tierra is a top choice for budget-conscious renters for a variety of reasons. The average rent in Tierra is $1,040 while the city average is $1,095. Residents enjoy convenient access to Southeast C.C., Milford Campus, Lincoln Children's Zoo, and Southeast C.C., Lincoln Campus.
Southwood
Average Rent
$1,083/Month
Units Available
16 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out Southwood. The average rent is $1,083, compared to the city average of $1,095. Southwood is convenient to Southwood Center, Old Cheney Shopping Center, and Lincoln Children's Museum.
West Lincoln
Average Rent
$1,119/Month
Year-Over-Year Rent Change
1.7%
Units Available
13 Rentals
West Lincoln offers a quiet atmosphere and is close to nearby amenities like Oak Lake Park and the Lincoln Airport. Its location between I-80 and I-180 makes it the perfect area for commuters.
Woods Park
Average Rent
$1,155/Month
Year-Over-Year Rent Change
2.2%
Units Available
49 Rentals
Woods Park is an affordable neighborhood in Lincoln with an average rent price of $1,155. Compare this to the city average of $1,095. In the past year, rent prices have increased by 2.2%. Woods Park provides easy access to University of Nebraska-Lincoln, Southeast C.C., Milford Campus, and Nebraska Wesleyan University.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.