theVUE
1220 W Highland Blvd,
Lincoln, NE 68521
Studio - 2 Beds | $1,075 - 1,825
Rental Market Trends in Lincoln, NE
What is the average rent in Lincoln, NE?
$1,023/month
Average Rent
729 Sq Ft
Average Apartment Size
+1.7%
Increase in the Last Year
As of November 2024, the average rent in Lincoln, NE is $1,023 per month. This is 34% lower than the national average rent of $1,559/month, making renting in Lincoln more affordable than most cities in the US. When you rent an apartment in Lincoln, you can expect to pay about $925 per month for a studio, $1,023 for a one-bedroom apartment, and around $1,247 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,513 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Lincoln, NE?
In the past year, rent has increased by 1.7%, which averages out to $18 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Lincoln, NE
Last Updated November 2024
Below $701
Most rental prices fall within this range
Percentage*
Rent Range
37%
Below $700/month
24%
$700 - $1,000/month
33%
$1,001 - $1,500/month
5%
$1,501 - $2,000/month
1%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Lincoln?
Based on current rent prices, Near South, Indian Village and West A are the most affordable neighborhoods in Lincoln.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Lincoln?
Based on current rent prices, University/Haymarket Park, Maple Valley/Wedgewood and Meadowlane are the most expensive neighborhoods in Lincoln.
Neighborhood
Average Rent
Average Sq Ft
Which Lincoln neighborhoods have the most rentals available?
The neighborhoods in Lincoln with the most apartments available are South Lincoln, North Lincoln and Downtown Lincoln .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Lincoln, NE?
Because the average rent in Lincoln is $1,023, you’ll want to make about $3,410 per month or $40,920 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Lincoln, NE compare to other nearby cities and neighborhoods?
Use the tool below to compare Lincoln, NE to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$500/month
$1,202/month
Two Bedroom
$691/month
$1,417/month
Three Bedroom
$731/month
$1,862/month
Apartment communities in Lincoln we think you'll love
Property Management Companies in Lincoln, NE
CIP Communities
-
36
Communities
-
7,132
Units
-
8
Cities
21 Communities in Lincoln
Lund Company
-
85
Communities
-
15,028
Units
-
26
Cities
10 Communities in Lincoln
MBA Apartments
-
10
Communities
-
1,135
Units
-
1
City
10 Communities in Lincoln
Broadmoor Apartments
-
25
Communities
-
6,525
Units
-
9
Cities
4 Communities in Lincoln
Perry Reid Properties
-
49
Communities
-
6,237
Units
-
35
Cities
3 Communities in Lincoln
Centerspace
-
62
Communities
-
11,731
Units
-
30
Cities
2 Communities in Lincoln
StoneCreek
-
49
Communities
-
9,644
Units
-
28
Cities
2 Communities in Lincoln
Van Rooy
-
49
Communities
-
8,613
Units
-
24
Cities
2 Communities in Lincoln
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.