Lincoln, NE Rent To Own Homes

Rent-to-Own Homes in Lincoln, NE: What You Need to Know 

Lincoln, Nebraska is a true mid-Western city. The cost of living is low, but the schools and higher education institutions are plentiful and top-rated. There’s plenty to see and do, be it a museum or nature park. If you are considering raising a family, the neighborhoods here are perfect. 

Cost of Living 

Lincoln, Nebraska is a wallet-friendly city. It’s 7% cheaper to live here when compared to the national average. Utilities are 28% less expensive, and housing is 17% less. The median home price in Lincoln is $180,600. The cost of rent for an apartment is $956. One-bedrooms cost about $835 per month, whereas two-bedrooms are around $980. The average apartment is 943 square feet. Nearly half of Lincoln residents rent their homes.       

Schools and Higher Educated 

Lincoln Public Schools is the second-largest public school district in all of Nebraska. There are more than 60 schools within the district. There are 32 private schools in Lincoln, teaching 6,980 students. The University of Nebraska-Lincoln, Nebraska Wesleyan University, Union College, and Bryan College of Health Sciences are just some of the higher education institutions located here. 

Things to Do in Lincoln

Lincoln boasts an impressive number of museums, including the University of Nebraska State Museum, the Museum of American Speed, and the Sheldon Museum of Art. If you’re on a budget and looking for a breath of fresh air, the Pioneers Park Nature Center shows what the Great Plains used to look like and enjoy the beautiful wildlife. The Sunken Gardens is a gorgeous source of pride in Lincoln. The park houses three main gardens: the Healing Garden, the Perennial Garden, and the Annual Harden. While the gardens are small, you can easily spend hours tooling through, enjoying natural art.

Local Population

Lincoln is home to 294,000 residents. 85% of this population is Caucasian, 5% is Asian American and 4% are African American. 29.1% of the population is under 18 years old; 12.8% is over 65 years of age. 

Know Your Neighborhoods

Home to 7,000, Seward is thought to be one of the best towns in all of Nebraska. Residents are mostly young professionals who enjoy a dense suburban environment and top-rated public schools. The median home value is $152,600 and just over half the residents rent their own homes. The median rent is $715. 

Waverly is another Nebraska favorite. Home to 4,000 residents, many of whom are families and young professionals, Waverly is a rural town. The median home value is $165,000 and the majority of residents own their homes. The median rent is $758.

Crete is a quiet suburb with 7,000 residents, many of whom are families. The median home value is $94,1000 and just over half the residents own. The median rent is $769.