Lincoln, NE Rental Market Trends

Highlights

The average rent for an apartment in Lincoln is $945, a 3% increase compared to the previous year, when the average rent was $917.

Average Rent in Lincoln, NE

Last updated Mar 2019
Average Rent Y-o-Y Change Average Apartment Size
$945 3% 924 sq. ft.

The average size for a Lincoln, NE apartment is 924 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Lincoln, NE Apartment Rent Ranges

  • < $5001%
  • $501-$70015%
  • $701-$1,00058%
  • $1,001-$1,50020%
  • $1,501-$2,0002%
  • > $2,0003%

Lincoln, NE Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Mar / 2019
Lincoln, NE $884 $896 $903 $896 $912 $917 $911 $911 $945
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Lincoln, NE By Neighborhood

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The most affordable neighborhoods in Lincoln are Bishop Park, where the average rent goes for $677/month, Lincoln Country Club, where renters pay $677/mo on average, and Near South, where the average rent goes for $677/mo. If you’re looking for other great deals, check out the listings from Maple Village ($691), Taylor Park ($691), and Witherbee ($691), where the asking prices are below the average Lincoln rent of $945/mo.

The most expensive neighborhoods in Lincoln are Downtown Lincoln ($1,451), Everett ($1,529) and South Salt Creek ($1,529).

Lincoln | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in 40th & A is 2% lower than in Amber Hills

$885

40th & A rent is 6% lower than Lincoln average

Average Rent $885
$906

Amber Hills rent is 4% lower than Lincoln average

Average Rent $906

How Does Lincoln Compare to Nearby Cities

Average Rent Y-o-Y Change
Lincoln $945 3%
Yankee Hill $806 n/a

For more information about the Lincoln rental trends, check out our monthly rent report

Cheapest Listings on RENTCafé

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Lincoln apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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