Cheapest Neighborhoods in Lincoln, NE
Some of the cheapest neighborhoods in Lincoln are Near South, Lionsgate, and Bethany. These neighborhoods offer some of the lowest rent prices in Lincoln, making them ideal for renters on a budget. As of June 21, 2026, the average rent in Lincoln is $1,098, which is 1.7% 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.
Near South
Average Rent
$681/Month
Year-Over-Year Rent Change
1.1%
Units Available
13 Rentals
Near South is an affordable neighborhood in Lincoln with an average rent price of $681. Compare this to the city average of $1,098. In the past year, rent prices have increased by 1.1%. Near South provides easy access to Lincoln Children's Zoo, Southeast C.C., Lincoln Campus, and University of Nebraska-Lincoln.
Lionsgate
Average Rent
$1,059/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 $1,059, while the city’s average stands at $1,098. Lionsgate is near University of Nebraska State Museum, Mueller Planetarium, and Crossroads Pavilion.
Bethany
Average Rent
$1,064/Month
Year-Over-Year Rent Change
3%
Units Available
28 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.
West Lincoln
Average Rent
$1,113/Month
Year-Over-Year Rent Change
2.2%
Units Available
17 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
$1,152/Month
Year-Over-Year Rent Change
0.4%
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.
University Place
Average Rent
$1,163/Month
Year-Over-Year Rent Change
1.6%
Units Available
81 Rentals
University Place lives up to its name with both Nebraska Wesleyan University and University of Nebraska-Lincoln: East Campus. The neighborhood's colleges enhance the community, and renters will appreciate the walkability and cultural opportunities at the colleges.
Hartley
Average Rent
$1,183/Month
Year-Over-Year Rent Change
5.8%
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.
Woods Park
Average Rent
$1,186/Month
Year-Over-Year Rent Change
3.4%
Units Available
28 Rentals
Woods Park is a top choice for budget-conscious renters for a variety of reasons. The average rent in Woods Park is $1,186 while the city average is $1,098. This is a 3.4% difference from last year. Residents enjoy convenient access to Lincoln Village, Maxwell Arboretum, and Southeast C.C., Lincoln Campus.
Amber Hills
Average Rent
$1,193/Month
Year-Over-Year Rent Change
0.2%
Units Available
11 Rentals
Just south of Family Acres, Amber Hills offers quiet residential streets surrounded by trees. Renters will enjoy living outside the main portion of Lincoln with access to major roads that can take them anywhere they want to go.
Highlands
Average Rent
$1,205/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 $1,205, compared to the city average of $1,098. Rent prices have increased by 2%. Highlands is convenient to Lincoln, Northridge Center, and Highland Village.
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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.