Apartments 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 June 2026, Lincoln's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Lincoln's average rent is 18.5% ($258) lower than the Nebraska average of $1,396 and 36.7% ($659) lower than the U.S. average of $1,797.

Average Rent
$1,138
Monthly ChangeMonth Over Month Change
Increased1.4% ($16)
Yearly ChangeYear Over Year Change
Increased6.1% ($65)
Avg. Days on MarketAverage Days on Market
35
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $983 Decreased0.9% ($9) Increased1.1% ($11)
2 Beds $1,161 Increased3.2% ($36) Decreased4.9% ($60)
3 Beds $1,579 Increased2.7% ($41) Increased3.1% ($48)
Nearby Cities Average Rent Avg. Rent vs. LincolnAverage Rent vs. Lincoln Avg. Days on MarketAverage Days on Market
Waverly $1,200 Increased5.4% ($62) 39 days
Crete $1,082 Decreased4.9% ($56) 35 days
Ashland $1,753 Increased54% ($615) 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 $1,138 per month.
Apartments in Lincoln typically rent for between $688 and $2,053 per month, with an average of $1,138 per month.
In Lincoln, the average rent for a 1-bedroom apartment is $983 per month, for a 2-bedroom apartment, $1,161 per month, and a 3-bedroom apartment is $1,579 per month.
The average rent in Lincoln is 36.7% ($659) lower than the national average of $1,797 per month.
The average rent in Lincoln has increased by 1.4% ($16) in the last month and increased by 6.1% ($65) 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 350 rental properties available in Lincoln, NE.
Based on the current averages, a household would need an annual income of $46,440 to comfortably afford a 2-bedroom apartment in Lincoln.
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