Square at 48
4800 Holdrege St,
Lincoln, NE 68504
$1,075 - $1,625
Studio - 2 Beds
Area Guide
University Place Lincoln, NE
Home to two university campuses
University
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Great Location
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Affordable
As its name implies, University Place is home to Nebraska Wesleyan University and University of Nebraska-Lincoln, East Campus. The two campuses dominate the neighborhood, giving it a youthful vibe. Along North 48th Street and North 56th Street, you’ll find restaurants catering to the college crowd, along with coffee shops, sports bars, and small specialty shops. If you prefer, leave your car at home since University Place is pedestrian and bicycle friendly. Simply use the John Dietrich Bike Trail, which connects to other bicycle trails that take you to the main UNL campus. Conveniently, University Place is only 10 minutes away from Downtown Lincoln, giving easy access to the University of Nebraska-Lincoln main campus and even more amenities.
Rent Trends
As of August 2026, the average apartment rent in University Place is $1,144 for a studio, $953 for one bedroom, $1,124 for two bedrooms, and $1,354 for three bedrooms. Apartment rent in University Place has increased by 2.2% in the past year.
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Studio
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549 sq ft
Average Sq Ft
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$1,144/month
Average Rent
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1 BR
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675 sq ft
Average Sq Ft
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$953/month
Average Rent
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2 BR
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926 sq ft
Average Sq Ft
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$1,124/month
Average Rent
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3 BR
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1,163 sq ft
Average Sq Ft
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$1,354/month
Average Rent
Learn More About University Place
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly University Place - Lincoln, NE is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Limited Public Transit
Transit
30
/ 100
Moderately Drivable
Drivability
70
/ 100
Moderately Bikeable
Bikeability
60
/ 100
Daily Essentials
University Place - Lincoln, NE offers all daily essentials, but they’re limited to a few main areas.
Supermarket Within a 20 Minute Walk
Groceries
50
/ 100
Good Restaurant Variety Nearby
Restaurants
60
/ 100
Fair Café Variety Nearby
Cafes
50
/ 100
Good Variety of Shops Nearby
Shopping
60
/ 100
Recreation
University Place - Lincoln, NE provides green space and wellness resources in certain areas.
Large Amount of Park Space Nearby
Parks
70
/ 100
Limited Wellness Amenity Variety Nearby
Wellness
30
/ 100
Local Vibe
Get a sense of what it’s like to live in University Place - Lincoln, NE from everyday activity to noise and nightlife.
Mostly Calm Atmosphere
Vibrancy
30
/ 100
Good Nightlife Variety Nearby
Nightlife
60
/ 100
Not Noisy
Quiet Score
90
/ 100
Scores provided by
Points of Interest
Shopping Centers
Parks and Recreation
- Maxwell Arboretum
- Nebraska Game and Parks Outdoor Education Center
- Mueller Planetarium
- University of Nebraska State Museum
- Lincoln Children's Museum
Commuter Rail
Military Bases
Airports
- Lincoln
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.