University Place

Lincoln, NE

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University Place - Lincoln, NE Area Guide

Home to two university campuses

University Great Location Affordable Bicycle-Friendly Convenient

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 May 2026, the average apartment rent in University Place is $1,146 for a studio, $945 for one bedroom, $1,093 for two bedrooms, and $1,282 for three bedrooms. Apartment rent in University Place has increased by 0.1% in the past year.

  • Studio

  • 550 sq ft

    Average Sq Ft

  • $1,146/month

    Average Rent

  • 1 BR

  • 688 sq ft

    Average Sq Ft

  • $945/month

    Average Rent

  • 2 BR

  • 929 sq ft

    Average Sq Ft

  • $1,093/month

    Average Rent

  • 3 BR

  • 1,333 sq ft

    Average Sq Ft

  • $1,282/month

    Average Rent

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Moderately Drivable

Drivability

70 / 100

Moderately Bikeable

Bikeability

60 / 100

Daily Essentials

No Supermarkets Within a 30 Minute Walk

Groceries

10 / 100

Fair Restaurant Variety Nearby

Restaurants

50 / 100

Good Café Variety Nearby

Cafes

60 / 100

Fair Variety of Shops Nearby

Shopping

50 / 100

Recreation

Large Amount of Park Space Nearby

Parks

70 / 100

Limited Wellness Amenity Variety Nearby

Wellness

30 / 100

Local Vibe

Mostly Calm Atmosphere

Vibrancy

30 / 100

Limited Nightlife Variety Nearby

Nightlife

30 / 100

Not Noisy

Quiet Score

90 / 100

Points of Interest

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

Top Apartments in University Place

Houses for Rent in University Place

Property Management Companies

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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 February 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.