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Rent in Lincoln, NE

Across Lincoln's 27 ZIP codes, a 2-bedroom typically rents for about $1,230 a month, with figures from $864–$1,755. The highest typical rent is in 68520 ($1,755) and the lowest in 68508 ($864). 17 ZIPs have ZIP-level figures from HUD or Census; the other 10 use the county Fair Market Rent. Owner-occupied homes in Lancaster County pay about 1.53% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Lincoln, NE by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$948$619–$1,15927
1 bed$1,009$650–$1,48927
2 beds$1,230$864–$1,75527
3 beds$1,703$957–$1,84027
4 beds$1,915$779–$2,10227

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Lincoln ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lincoln, NE?
About $1,230 a month: the median of the typical rents in 27 ZIP codes, which range from $864–$1,755. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lincoln, NE?
About $1,009 a month: the median of the typical rents in 27 ZIP codes, which range from $650–$1,489. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lincoln, NE?
About $1,703 a month: the median of the typical rents in 27 ZIP codes, which range from $957–$1,840. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lincoln, NE?
About $948 a month: the median of the typical rents in 27 ZIP codes, which range from $619–$1,159. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lincoln, NE?
About $1,915 a month: the median of the typical rents in 27 ZIP codes, which range from $779–$2,102. Figures are gross rent (rent plus tenant-paid utilities).
Which Lincoln ZIP code has the highest rent?
For a 2-bedroom, 68520 has the highest typical rent at $1,755 a month, and 68508 the lowest at $864.
What is the property tax rate in Lincoln, NE?
Owner-occupied homes in Lancaster County pay a typical 1.53% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Lincoln rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).