Lincoln, NE Rental Market Trends
Highlights
The average rent for an apartment in Lincoln is $968, a 5% increase compared to the previous year.
Average Rent in Lincoln, NE
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $968 | 5% | 943 sq. ft. |
The average size for a Lincoln, NE apartment is 943 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
- < $5001%
- $501-$70013%
- $701-$1,00056%
- $1,001-$1,50024%
- $1,501-$2,0003%
- > $2,0003%
Lincoln, NE Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
47,566 or 42% of the households in Lincoln, NE are renter-occupied while 64,558 or 57% are owner-occupied.
How Lincoln Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Omaha | $920 | 4% |
| Lincoln | $968 | 5% |
| Bellevue | $1,063 | 2% |
| Papillion | $963 | 4% |
| La Vista | $959 | 3% |
For more information about the Lincoln rental trends, check out our monthly rent report
Check out Nebraska Cities, Nebraska Neighborhoods and Nebraska Zip Codes for more details on verified listings, including the Nebraska Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!