Homes for Rent in 68508

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What to Know About

Living in 68508

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 2025, Lincoln's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lincoln's average rent is 8.5% ($104) lower than the Nebraska average of $1,227 and 36.7% ($652) lower than the U.S. average of $1,775.

Average Rent
$1,123
Monthly ChangeMonth Over Month Change
Increased4.7% ($50)
Yearly ChangeYear Over Year Change
Decreased3.8% ($44)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $988 Increased1.6% ($16) Increased0.3% ($3)
2 Beds $1,220 Decreased0.1% ($1) Increased10% ($111)
3 Beds $1,566 Increased2.3% ($35) Increased1.9% ($29)
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 $1,123 per month.
Homes in Lincoln typically rent for between $692 and $2,036 per month, with an average of $1,123 per month.
In Lincoln, the average rent for a 1-bedroom home is $988 per month, for a 2-bedroom home, $1,220 per month, and a 3-bedroom home is $1,566 per month.
The average rent in Lincoln is 36.7% ($652) lower than the national average of $1,775 per month.
The average rent in Lincoln has increased by 4.7% ($50) in the last month and decreased by 3.8% ($44) 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 348 rental properties available in Lincoln, NE.
Based on the current averages, a household would need an annual income of $48,800 to comfortably afford a 2-bedroom home in Lincoln.
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