Cheap Apartments for Rent in 68516
78 rentals
- PET FRIENDLYT & N Investments
- PET FRIENDLY
- PET FRIENDLY$950 - $1,425/moStudio-2 Beds1-2 BathsHighpointe by Broadmoor | 4607 Old Cheney Rd,
Lincoln, NE 68516Broadmoor - APPLY INSTANTLY
- CRES Management
- Lee Associates
- CIP Communities
- Broadmoor
- $1,100 - $1,800/mo1-3 Beds1-2 BathsWilderness Hills South Apartments | 9941 S 37th St,
Lincoln, NE 68516 - $1,110 - $2,300/moStudio-2 Beds1-2 BathsSummit Falls Apartments & Townhomes | 8300 Renatta Dr,
Lincoln, NE 68516Asset Living - CIP Communities
- Total price$1,130 - $2,295/moStudio-3 Beds1-2 BathsChateau at Yankee Hill Apartments | 4421 Bridle Ln,
Lincoln, NE 68516 - $1,190 - $1,765/mo1-2 Beds1-2 BathsThe Donovan Apartment Homes | 3751 Faulkner Dr,
Lincoln, NE 68516Centerspace - CIP Communities
- Asset Living
- CIP Communities
- CIP Communities
- Nebraska Real Estate Investment Solution, Inc
- Nebraska Real Estate Investment Solution, Inc
- Nebraska Real Estate Investment Solution, Inc
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Average Rent Trends in 68516
Rent in 68516 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Aug 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,895 |
| Oct 2025 | $1,995 |
| Nov 2025 | $1,950 |
| Dec 2025 | $1,850 |
| Jan 2026 | $1,800 |
| Feb 2026 | $1,800 |
| Mar 2026 | $2,000 |
| Apr 2026 | $1,877 |
| May 2026 | $1,899 |
| Jun 2026 | $1,895 |
| Jul 2026 | $1,865 |
| Aug 2026 | $1,817 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,236 | $1,459 | $1,950 | $2,800 | $1,795 |
| Townhomes | — | $1,799 | $1,800 | $2,950 | $2,345 |
| Apartments and Condos | $875 | $1,049 | $1,746 | — | $1,099 |
| Houses | — | — | $2,167 | $2,495 | $2,400 |
Frequently Asked Questions about Rentals in 68516
- What is the average rent of an apartment in 68516?The average rent of an apartment in 68516 is $1,346 per month. This is about 31% lower than the national average.
- When is the average rent cheapest in 68516?In the last year, the average rent in 68516 was lowest in May 2025 when it was $1,476 per month.
- When is the average rent most expensive in 68516?In the last year, the average rent in 68516 was highest in Oct 2025 when it was $1,995 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 68516?The average rent of a 1 bedroom apartment in 68516 is $1,236 per month. That is about $126 more than the cost of a studio apartment.
- How many available rental listings are in 68516?There are 75 available rental listings in 68516.
- What are some cities near 68516?
View this page in Spanish: Apartamentos baratos en renta en 68516 - 271 Rentas | Trulia