Downtown Lincoln, Lincoln, NE Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Downtown Lincoln is $1,977, a 3.97% increase compared to the previous year, when the average rent was $1,902.
Studio Apartments at $692 offer the most budget-friendly option with 319 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 639 square feet for $1,223, balancing privacy and affordability.
Two-beedroom units at $1,769 offer 880 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,081 sq ft) for $2,409, suitable for larger households.
Average rent in Downtown Lincoln, Lincoln, NE
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,977 | 886 sq. ft. |
| Studio | $692 | 319 sq. ft. |
| 1 Bed | $1,223 | 639 sq. ft. |
| 2 Beds | $1,769 | 880 sq. ft. |
| 3 Beds | $2,409 | 1,081 sq. ft. |
Downtown Lincoln, Lincoln, NE rent trends
Rental prices in Downtown Lincoln, Lincoln, NE have increased by 3.97% over the past year. The average rent moved from $1,902 to $1,977.
What's the typical rent budget in Downtown Lincoln, Lincoln, NE?
The largest share of rentals in Downtown Lincoln, Lincoln, NE (23%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Downtown Lincoln, Lincoln, NE?
722 or 84% of the households in Downtown Lincoln, Lincoln, NE are renter-occupied while 140 or 16% are owner-occupied.
Most affordable neighborhoods in Downtown Lincoln?
South 48th Street $998/month
Belmont $1,019/month
Bicentennial Estates $1,083/month
All of these neighborhoods fall below the city wide average of $1,326/month.Most expensive neighborhoods in Downtown Lincoln?
Capitol Beach $1,534/month
Downtown Lincoln $1,977/month
South Salt Creek $2,041/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Lincoln, NE By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| South Salt Creek | $2,041 |
| Downtown Lincoln | $1,977 |
| Capitol Beach | $1,534 |
| Family Acres | $1,474 |
| North Bottoms | $1,473 |
| Far South Lincoln | $1,467 |
| Crown Pointe | $1,440 |
| Porter Ridge | $1,409 |
| Landons | $1,381 |
| Autumn Wood | $1,380 |
| Highlands | $1,356 |
| Bethany | $1,355 |
| Amber Hills | $1,336 |
| West Lincoln | $1,255 |
| Southern Hills | $1,228 |
| Capital View | $1,208 |
| Meadowlane | $1,206 |
| West A | $1,206 |
| Eastridge | $1,201 |
| University Place | $1,197 |
| Yankee Hill Country Club | $1,175 |
| Maple Village - Wedgewood | $1,112 |
| College View | $1,104 |
| Bicentennial Estates | $1,083 |
| Belmont | $1,019 |
| South 48th Street | $998 |
Lincoln | Rent Comparison by Neighborhood
Rent in Downtown Lincoln is 48% higher than in Amber Hills
Downtown Lincoln rent is the same as Lincoln average
Amber Hills rent is 32% lower than Lincoln average
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Downtown Lincoln apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.