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.