Cheapest Neighborhoods in Lincoln, NE

Some of the cheapest neighborhoods in Lincoln are Belmont, Near South, and West Lincoln. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of September 21, 2026, the average rent in Lincoln is $1,088, which is 1.5% 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.

Belmont

Average Rent

$845/Month

Year-Over-Year Rent Change

2.4%

Units Available

23 Rentals

When you’re looking for a great Lincoln neighborhood on a budget, check out Belmont. The average rent is $845, compared to the city average of $1,088. Rent prices have increased by 2.4%. Belmont is convenient to Southeast C.C., Lincoln Campus, Lincoln Children's Museum, and Lincoln.

Near South

Average Rent

$855/Month

Year-Over-Year Rent Change

0.3%

Units Available

28 Rentals

Near South is an affordable neighborhood in Lincoln with an average rent price of $855. Compare this to the city average of $1,088. In the past year, rent prices have increased by 0.3%. Near South provides easy access to University of Nebraska-Lincoln, Southeast C.C., Lincoln Campus, and Lincoln Children's Zoo.

West Lincoln

Average Rent

$942/Month

Year-Over-Year Rent Change

10.4%

Units Available

25 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.

Everett

Average Rent

$967/Month

Year-Over-Year Rent Change

1.2%

Units Available

13 Rentals

If you’re looking for a great, affordable neighborhood in Lincoln, Everett might be the perfect place! It has an average rent price of $967, while the city’s average stands at $1,088. In the last year, prices have increased by 1.2%. Everett is near South Street Plaza, University of Nebraska State Museum, and Indian Village Shopping Center.

Lionsgate

Average Rent

$979/Month

Units Available

15 Rentals

Lionsgate is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lionsgate is $979 while the city average is $1,088. Residents enjoy convenient access to University of Nebraska-Lincoln, Crossroads Pavilion, and Nebraska Wesleyan University.

West A

Average Rent

$981/Month

Year-Over-Year Rent Change

1.2%

Units Available

10 Rentals

When you’re looking for a great Lincoln neighborhood on a budget, check out West A. The average rent is $981, compared to the city average of $1,088. Rent prices have increased by 1.2%. West A is convenient to Lincoln Children's Museum, Nebraska Wesleyan University, and Lincoln Children's Zoo.

Hartley

Average Rent

$1,014/Month

Year-Over-Year Rent Change

3.3%

Units Available

17 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.

Bethany

Average Rent

$1,085/Month

Year-Over-Year Rent Change

1.8%

Units Available

20 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.

Downtown Lincoln

Average Rent

$1,099/Month

Year-Over-Year Rent Change

1.1%

Units Available

98 Rentals

Downtown Lincoln is an affordable neighborhood in Lincoln with an average rent price of $1,099. Compare this to the city average of $1,088. In the past year, rent prices have increased by 1.1%. Downtown Lincoln provides easy access to Maxwell Arboretum, Lincoln Children's Museum, and Southeast C.C., Lincoln Campus.

Crown Pointe

Average Rent

$1,132/Month

Year-Over-Year Rent Change

2.5%

Units Available

25 Rentals

Crown Pointe is an upscale neighborhood situated between country clubs to the east and Holmes lake to the west. Holmes Lake and its surrounding parks offer boating, fishing, and picnicking opportunities as well as multiple sports fields.

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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.