Most Affordable Neighborhoods in Lincoln, NE

Some of the cheapest neighborhoods in Lincoln are Woods Park, Lionsgate, and Hollywood Heights. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of November 5, 2025, the average rent in Lincoln is $1,065, which is 2.6% 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.

Woods Park

Average Rent

$933/Month

Year-Over-Year Rent Change

0.3%

TransitScore® Rating

37/100

Units Available

16 Rentals

Woods Park is an affordable neighborhood in Lincoln with an average rent price of $933. Compare this to the city average of $1,065. In the past year, rent prices have decreased by 0.3%. Woods Park provides easy access to Parkwood Plaza, Lincoln, and University of Nebraska State Museum. It’s a walkable neighborhood with a WalkScore® of 86.

Lionsgate

Average Rent

$943/Month

TransitScore® Rating

29/100

Units Available

16 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 $943, while the city’s average stands at $1,065. Lionsgate is near Mueller Planetarium, Southeast C.C., Milford Campus, and Risk Gayed Plaza.

Hollywood Heights

Average Rent

$946/Month

TransitScore® Rating

32/100

Units Available

15 Rentals

Hollywood Heights is a top choice for budget-conscious renters for a variety of reasons. The average rent in Hollywood Heights is $946 while the city average is $1,065. Residents enjoy convenient access to Southeast C.C., Milford Campus, Centro Plaza, and Southeast C.C., Lincoln Campus. The neighborhood is considered walkable with a WalkScore® of 77.

Patrician Heights

Average Rent

$946/Month

Units Available

15 Rentals

When you’re looking for a great Lincoln neighborhood on a budget, check out Patrician Heights. The average rent is $946, compared to the city average of $1,065. Patrician Heights is convenient to Swing In Plaza, Maxwell Arboretum, and Nebraska Game and Parks Outdoor Education Center.

Hartley

Average Rent

$959/Month

Year-Over-Year Rent Change

1.9%

TransitScore® Rating

32/100

Units Available

18 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.

West A

Average Rent

$968/Month

Year-Over-Year Rent Change

0.9%

TransitScore® Rating

18/100

Units Available

12 Rentals

West A is an affordable neighborhood in Lincoln with an average rent price of $968. Compare this to the city average of $1,065. In the past year, rent prices have increased by 0.9%. West A provides easy access to Mueller Planetarium, University of Nebraska-Lincoln, and Southeast C.C., Milford Campus. It’s a car-dependent neighborhood with a WalkScore® of 34.

Bethany

Average Rent

$979/Month

Year-Over-Year Rent Change

3%

TransitScore® Rating

23/100

Units Available

19 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.

Chateau la Fleur

Average Rent

$1,003/Month

TransitScore® Rating

26/100

Units Available

11 Rentals

If you’re looking for a great, affordable neighborhood in Lincoln, Chateau la Fleur might be the perfect place! It has an average rent price of $1,003, while the city’s average stands at $1,065. Chateau la Fleur is near University of Nebraska State Museum, Bethany Terrace, and Maxwell Arboretum.

Southwood

Average Rent

$1,057/Month

TransitScore® Rating

23/100

Units Available

11 Rentals

Southwood is a top choice for budget-conscious renters for a variety of reasons. The average rent in Southwood is $1,057 while the city average is $1,065. Residents enjoy convenient access to University of Nebraska-Lincoln, Southwood Center, and Nebraska Wesleyan University. The neighborhood is considered car-dependent with a WalkScore® of 48.

Meadowlane

Average Rent

$1,105/Month

Year-Over-Year Rent Change

4.2%

TransitScore® Rating

27/100

Units Available

21 Rentals

When you’re looking for a great Lincoln neighborhood on a budget, check out Meadowlane. The average rent is $1,105, compared to the city average of $1,065. Rent prices have increased by 4.2%. Meadowlane is convenient to 66 & R Center, Nebraska Wesleyan University, and Nebraska Game and Parks Outdoor Education Center. The community is walkable with a WalkScore® of 72.

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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.