Best Affordable Neighborhoods in Lincoln, NE
Some of the cheapest neighborhoods in Lincoln are Near South, Lionsgate, and West A. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of May 7, 2026, the average rent in Lincoln is $1,094, which is 1.2% 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
$725/Month
Year-Over-Year Rent Change
1.1%
Units Available
18 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out Near South. The average rent is $725, compared to the city average of $1,094. Rent prices have increased by 1.1%. Near South is convenient to Lincoln, South Street Plaza, and 10th & South Plaza.
Lionsgate
Average Rent
$926/Month
Units Available
14 Rentals
Lionsgate is an affordable neighborhood in Lincoln with an average rent price of $926. Compare this to the city average of $1,094. Lionsgate provides easy access to Centro Plaza, Lincoln Children's Museum, and Risk Gayed Plaza.
West A
Average Rent
$954/Month
Year-Over-Year Rent Change
0.8%
Units Available
12 Rentals
If you’re looking for a great, affordable neighborhood in Lincoln, West A might be the perfect place! It has an average rent price of $954, while the city’s average stands at $1,094. In the last year, prices have increased by 0.8%. West A is near Lincoln, University of Nebraska State Museum, and University of Nebraska-Lincoln.
Hartley
Average Rent
$998/Month
Year-Over-Year Rent Change
2.1%
Units Available
15 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 Lincoln
Average Rent
$1,133/Month
Year-Over-Year Rent Change
1.8%
Units Available
14 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.
Crown Pointe
Average Rent
$1,159/Month
Year-Over-Year Rent Change
1.8%
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.
Woods Park
Average Rent
$1,163/Month
Year-Over-Year Rent Change
3.4%
Units Available
37 Rentals
Woods Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woods Park is $1,163 while the city average is $1,094. This is a 3.4% difference from last year. Residents enjoy convenient access to University of Nebraska-Lincoln, Lincoln Village, and Lincoln Children's Zoo.
Bethany
Average Rent
$1,164/Month
Year-Over-Year Rent Change
4.2%
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.
Highlands
Average Rent
$1,192/Month
Year-Over-Year Rent Change
2%
Units Available
45 Rentals
When you’re looking for a great Lincoln neighborhood on a budget, check out Highlands. The average rent is $1,192, compared to the city average of $1,094. Rent prices have increased by 2%. Highlands is convenient to Highland Village, University of Nebraska State Museum, and Maxwell Arboretum.
Downtown Lincoln
Average Rent
$1,203/Month
Year-Over-Year Rent Change
1.6%
Units Available
115 Rentals
Downtown Lincoln is an affordable neighborhood in Lincoln with an average rent price of $1,203. Compare this to the city average of $1,094. In the past year, rent prices have increased by 1.6%. Downtown Lincoln provides easy access to Nebraska Wesleyan University, Lincoln, and Mueller Planetarium.
Ready to make your move to Lincoln? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
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.