Cheap Apartments for Rent in 68516
66 rentals
Use arrow keys to navigateNEW - 10 HRS AGOPET FRIENDLYDHI
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Use arrow keys to navigatePET FRIENDLY$875 - $1,295/mo
1-3 Beds
1-2 BathsEmbassy Park Apartments | 5649 S 31st St #914456834,
Lincoln, NE 68516T & N Investments
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYCRES Management
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Use arrow keys to navigateNEW - 16 HRS AGOPET FRIENDLY$955 - $3,180/moStudio-3 Beds1-2 BathsNotting Hill Apartments | 8800 S 33rd St #17213,
Lincoln, NE 68516
Use arrow keys to navigatePET FRIENDLY$1,050 - $1,575/moStudio-2 Beds1-2 BathsHighpointe by Broadmoor | 4607 Old Cheney Rd #1021,
Lincoln, NE 68516Broadmoor
SPECIAL OFFERPET FRIENDLYCIP Communities
NEW - 1 DAY AGOPET FRIENDLY$1,085 - $1,305/mo1-2 Beds1-2 BathsOld Cheney Place by Broadmoor | 5501 Warwick Ct #4006,
Lincoln, NE 68516Broadmoor
SPECIAL OFFERPET FRIENDLY$1,100 - $1,800/mo1-3 Beds1-2 BathsWilderness Hills South Apartments | 9941 S 37th St #6ba907de8,
Lincoln, NE 68516
PET FRIENDLY$1,115 - $1,895/moStudio-2 Beds1-2 BathsAshbrook by Broadmoor | 6800 Ashbrook Dr #7207,
Lincoln, NE 68516Broadmoor
PET FRIENDLY$1,130 - $2,080/mo1-3 Beds1-2 BathsAventine at Wilderness Hills | 8801 S 33rd St #12-201,
Lincoln, NE 68516Asset Living
PET FRIENDLY$1,130 - $2,300/mo1-3 Beds1-2 BathsSummit Falls Apartments & Townhomes | 8300 Renatta Dr #4211,
Lincoln, NE 68516Asset Living
SPECIAL OFFERPET FRIENDLY$1,134 - $1,877/mo1-3 Beds1-2 BathsPine Lake Heights Apartments | 7011 S 38th St #119,
Lincoln, NE 68516CIP Communities
PET FRIENDLY$1,149 - $1,789/moStudio-2 Beds1-2 BathsLevel at Village Gardens | 5701 Boboli Ln #420,
Lincoln, NE 68516Lee Associates
PET FRIENDLY$1,170 - $2,215/mo1-3 Beds1-2 BathsThe Donovan Apartment Homes | 3751 Faulkner Dr #3721-101,
Lincoln, NE 68516Centerspace
SPECIAL OFFERPET FRIENDLY$1,214 - $1,752/mo1-3 Beds1-2 BathsWilliamsburg Park Apartments | 6201 S 34th St #126,
Lincoln, NE 68516CIP Communities
PET FRIENDLYCIP Communities
SPECIAL OFFERPET FRIENDLYCIP Communities
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLYCarper Properties
APPLY INSTANTLYPET FRIENDLYB & D Homes
PET FRIENDLYCornhusker Property Inc
SPECIAL OFFERPET FRIENDLYTotal price$1,705 - $2,299/mo1-2 Beds2 BathsChateau at Yankee Hill Apartments | 4421 Bridle Ln #2034,
Lincoln, NE 68516
NEW - 1 DAY AGOPET FRIENDLYNebraska RE Solutions Inc.
NEW - 1 DAY AGOPET FRIENDLYNebraska RE Solutions Inc.
APPLY INSTANTLYPET FRIENDLY
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PET FRIENDLY
NEW - 2 DAYS AGOPET FRIENDLYClover Real Estate Services
NEW - 2 DAYS AGOPET FRIENDLY
APPLY INSTANTLYPET FRIENDLYCMN Property Management LLC
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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 stayed about the same in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,628 |
| Aug 2025 | $1,750 |
| 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 | $1,875 |
| May 2026 | $1,900 |
| Jun 2026 | $1,895 |
Average Rent By Bedroom and Home Type
In July 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 | $1,210 | $1,581 | $1,850 | $2,950 | $1,823 |
| Townhomes | — | $1,350 | $1,795 | $2,950 | $2,350 |
| Apartments and Condos | $729 | $950 | $1,777 | — | $1,200 |
| Houses | — | — | $2,099 | $2,990 | $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 $1,528 per month. This is about 22% 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 $1,210 per month. That is about $158 more than the cost of a studio apartment.
- How many available rental listings are in 68516?There are 60 available rental listings in 68516.
- What are some cities near 68516?
View this page in Spanish: Apartamentos baratos en renta en 68516 - 292 Rentas | Trulia