Most Affordable Neighborhoods in Lincoln, NE
Some of the cheapest neighborhoods in Lincoln are West A, Chateau la Fleur, and Southwood. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of June 17, 2025, the average rent in Lincoln is $1,055, which is 2.7% 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.
West A
Average Rent
$929/Month
Year-Over-Year Rent Change
1.8%
TransitScore® Rating
18/100
Units Available
18 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out West A. The average rent is $929, compared to the city average of $1,055. Rent prices have increased by 1.8%. West A is convenient to Mueller Planetarium, Westgate, and Coddington Market. The community is car-dependent with a WalkScore® of 34.
Chateau la Fleur
Average Rent
$974/Month
TransitScore® Rating
26/100
Units Available
14 Rentals
Chateau la Fleur is an affordable neighborhood in Lincoln with an average rent price of $974. Compare this to the city average of $1,055. Chateau la Fleur provides easy access to Southeast C.C., Lincoln Campus, University of Nebraska State Museum, and Lincoln. It’s a somewhat walkable neighborhood with a WalkScore® of 51.
Southwood
Average Rent
$997/Month
TransitScore® Rating
23/100
Units Available
11 Rentals
If you’re looking for a great, affordable neighborhood in Lincoln, Southwood might be the perfect place! It has an average rent price of $997, while the city’s average stands at $1,055. Southwood is near Lincoln, Wilderness Park, and Lincoln Children's Zoo.
Bethany
Average Rent
$999/Month
Year-Over-Year Rent Change
5.9%
TransitScore® Rating
23/100
Units Available
27 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
$1,026/Month
TransitScore® Rating
29/100
Units Available
13 Rentals
Lionsgate is a top choice for budget-conscious renters for a variety of reasons. The average rent in Lionsgate is $1,026 while the city average is $1,055. Residents enjoy convenient access to Nebraska Wesleyan University, Maxwell Arboretum, and Southeast C.C., Lincoln Campus. The neighborhood is considered walkable with a WalkScore® of 72.
Hollywood Heights
Average Rent
$1,037/Month
TransitScore® Rating
32/100
Units Available
12 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out Hollywood Heights. The average rent is $1,037, compared to the city average of $1,055. Hollywood Heights is convenient to Centro Plaza, Risk Gayed Plaza, and Lincoln Children's Museum. The community is walkable with a WalkScore® of 77.
Patrician Heights
Average Rent
$1,037/Month
Units Available
12 Rentals
Patrician Heights is an affordable neighborhood in Lincoln with an average rent price of $1,037. Compare this to the city average of $1,055. Patrician Heights provides easy access to Plaza Gardens, Lincoln, and Lincoln Children's Museum.
Bond Colby
Average Rent
$1,057/Month
TransitScore® Rating
24/100
Units Available
10 Rentals
If you’re looking for a great, affordable neighborhood in Lincoln, Bond Colby might be the perfect place! It has an average rent price of $1,057, while the city’s average stands at $1,055. Bond Colby is near Mueller Planetarium, Southeast C.C., Milford Campus, and University of Nebraska-Lincoln.
Hartley
Average Rent
$1,058/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
32/100
Units Available
12 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.
Woods Park
Average Rent
$1,062/Month
Year-Over-Year Rent Change
0.6%
TransitScore® Rating
37/100
Units Available
24 Rentals
Woods Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woods Park is $1,062 while the city average is $1,055. This is a -0.6% difference from last year. Residents enjoy convenient access to Parkwood Plaza, Maxwell Arboretum, and Sterling Village. The neighborhood is considered walkable with a WalkScore® of 86.
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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.