Homes & Apartments for Rent in 68506

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What to Know About

Living in 68506

Lincoln is the state capital of Nebraska, where historical culture and modern amenities coexist harmoniously. The Historic Haymarket District is the city's main focal point, with beautifully renovated and restored late 19th-century brick warehouses, brick streets, a large water tower, and a unique clock. It is home to the Nebraska State Capitol, the Sheldon Museum of Art, the International Quilt Study Center, and the Lincoln Children's Zoo. In addition, the city is home to the University of Nebraska-Lincoln and Nebraska Wesleyan University.

Outdoor admirers can take advantage of the city's beautiful parks, such as the Sunken Gardens, Antelope Park, Pioneers Park, and Wilderness Park. In addition, Lincoln hosts a variety of events throughout the year, including the Lincoln Arts Festival, the Nebraska State Fair, and the Lincoln Marathon. The city is also home to many live music venues and performing arts centers, including the Lied Center for Performing Arts, Orpheum Theater, and the Rococo Theatre.

Lincoln offers a low cost of living, high quality of life, excellent education and healthcare systems, and diverse job opportunities, making it a great place to call home.

Rental Market Trends

Lincoln, NE

As of July 2026, Lincoln's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lincoln's average rent is 17.2% ($240) lower than the Nebraska average of $1,395 and 35.5% ($637) lower than the U.S. average of $1,792.

Average Rent
$1,155
Monthly ChangeMonth Over Month Change
Increased1.5% ($17)
Yearly ChangeYear Over Year Change
Increased2.8% ($32)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $964 Decreased1.9% ($19) Decreased2.4% ($24)
2 Beds $1,155 Decreased0.5% ($6) Decreased5.3% ($65)
3 Beds $1,611 Increased2% ($32) Increased2.9% ($45)
Nearby Cities Average Rent Avg. Rent vs. LincolnAverage Rent vs. Lincoln Avg. Days on MarketAverage Days on Market
Waverly $1,200 Increased3.9% ($45) 39 days
Crete $1,082 Decreased6.3% ($73) 35 days
Ashland $1,769 Increased53.2% ($614) 32 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Lincoln Rental Market FAQs

Explore rental prices, market trends, and availability in Lincoln, NE.

The average rent in Lincoln, NE is $1,155 per month.
Homes in Lincoln typically rent for between $675 and $2,094 per month, with an average of $1,155 per month.
In Lincoln, the average rent for a 1-bedroom home is $964 per month, for a 2-bedroom home, $1,155 per month, and a 3-bedroom home is $1,611 per month.
The average rent in Lincoln is 35.5% ($637) lower than the national average of $1,792 per month.
The average rent in Lincoln has increased by 1.5% ($17) in the last month and increased by 2.8% ($32) over the past year.
The rental market in Lincoln, NE, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Lincoln, NE, the average rental stays on the market for approximately 35 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 322 rental properties available in Lincoln, NE.
Based on the current averages, a household would need an annual income of $46,200 to comfortably afford a 2-bedroom home in Lincoln.
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