Lincoln, NE Rental Market Trends
What is the average rent in Lincoln?
The average rent for an apartment in Lincoln is $1,028, a 4% increase compared to the previous year.
Average Rent in Lincoln, NE
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,028 | 4% | 945 sq. ft. |
What is the average apartment size in Lincoln?
The average size for a Lincoln, NE apartment is 945 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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
- $501-$7006%
- $701-$1,00054%
- $1,001-$1,50032%
- $1,501-$2,0004%
- > $2,0003%
Lincoln, NE Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
48,385 or 42% of the households in Lincoln, NE are renter-occupied while 65,166 or 57% are owner-occupied.
Lincoln, NE Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | May / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Lincoln, NE | $909 | $930 | $944 | $959 | $967 | $980 | $977 | $989 | $990 | $1,008 | $1,028 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 | $1,428 |
Average Rent in Lincoln, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Capital View | $1,607 |
| Downtown Lincoln | $1,607 |
| Everett | $1,578 |
| South Salt Creek | $1,578 |
| Hawley - Malone | $1,520 |
| Landons | $1,189 |
| North Bottoms | $1,189 |
| Arnold Heights | $1,140 |
| Lincoln Airport | $1,140 |
| Middle Creek | $1,140 |
| Far South Lincoln | $1,035 |
| Rokeby | $1,035 |
| Wilderness Park - Salt Valley View | $1,035 |
| High Ridges - Cushman | $1,020 |
| West A | $1,020 |
| Cheney | $1,015 |
| Himark Golf Course | $1,015 |
| Walton | $1,015 |
| Indian Village | $987 |
| Southern Hills | $981 |
| Crown Pointe | $972 |
| Holmes Lake | $972 |
| Amber Hills | $963 |
| 40th & A | $963 |
| Eastridge | $963 |
| Maple Village - Wedgewood | $963 |
| South 48th Street | $963 |
| College View | $962 |
| Colonial Hills | $962 |
| Greater South | $962 |
| Capitol Beach | $960 |
| Family Acres | $957 |
| Porter Ridge | $957 |
| The Preserve - Edenton North | $957 |
| Yankee Hill Country Club | $957 |
| Yankee Ridge | $957 |
| North Bluff | $949 |
| Antelope Park | $941 |
| Hartley | $934 |
| Belmont | $922 |
| Highlands | $922 |
| Raymond | $922 |
| West Lincoln | $922 |
| Autumn Wood | $907 |
| Bicentennial Estates | $907 |
| Sunset Acres | $907 |
| Clinton | $898 |
| East Campus | $898 |
| Meadowlane | $893 |
| Hillcrest Country Club | $892 |
| Taylor Park | $892 |
| Witherbee | $892 |
| Woods Park | $892 |
| University Place | $883 |
| Havelock | $877 |
| Bethany | $876 |
| Hitching Post Hills | $871 |
| Yankee Hill | $871 |
| Bishop Park | $702 |
| Irvingdale | $702 |
| Lincoln Country Club | $702 |
| Near South Lincoln | $702 |
What are the most affordable neighborhoods in Lincoln?
The most affordable neighborhoods in Lincoln are Bishop Park, where the average rent goes for $702/month, Irvingdale, where renters pay $702/mo on average, and Lincoln Country Club, where the average rent goes for $702/mo. If you’re looking for other great deals, check out the listings from Near South Lincoln ($702), Hitching Post Hills ($871), and Yankee Hill ($871), where the asking prices are below the average Lincoln rent of $1,028/mo.
What are the most expensive neighborhoods in Lincoln?
The most expensive neighborhoods in Lincoln are South Salt Creek ($1,578), Capital View ($1,607) and Downtown Lincoln ($1,607).
What are the most popular neighborhoods in Lincoln?
The most popular neighborhood in Lincoln is Far South Lincoln, where there are 8 verified RENTCafé listings with an average rent of $1,035. Next up is Autumn Wood, where apartments go for $907/month, followed by Porter Ridge with $957 If you’re looking to rent in Lincoln’s most popular neighborhoods, make sure to also check out Southern Hills, where renters pay $981 on average, and University Place, where the average monthly rent is $883.
Lincoln | Rent Comparison by Neighborhood
Rent in 40th & A is 1% lower than in Amber Hills
40th & A rent is 6% lower than Lincoln average
| Average Rent | $963 |
|---|
Amber Hills rent is 6% lower than Lincoln average
| Average Rent | $963 |
|---|
How Lincoln Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $985 | 4% |
| Lincoln | $1,028 | 4% |
| Bellevue | $1,080 | 2% |
| Council Bluffs | $928 | 1% |
| La Vista | $975 | 2% |
| Fremont | $805 | -1% |
| Papillion | $990 | 3% |
| Blair | $829 | -3% |
| Ralston | $816 | n/a |