The average monthly rent for an apartment in South 48th Street, Lincoln, NE is around $1,043.
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Rental prices in South 48th Street, Lincoln, NE have increased by 5.65% over the past year. The average rent moved from $987 to $1,043.
Check out the average rent in Lincoln.
The national average price of rental apartments is $1,741, while the average monthly rent in South 48th Street, Lincoln, NE is $1,043.
The average monthly rent for an apartment in South 48th Street, Lincoln, NE is around $1,043.
A share of 44% of apartments in South 48th Street, Lincoln, NE have the cheapest rents between ≤ $1000. Around 54% of South 48th Street's apartments have monthly rents between $1,001-$1,500. There are 2% of apartments with rents between $1,501-$2,000.
The largest share of rentals in South 48th Street, Lincoln, NE (54%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average rent in South 48th Street, Lincoln, NE is $1,217.
In South 48th Street 37% of the housing is rented out compared to 63% of homes are owned, according to the most recent Census Bureau estimates. 19% of South 48th Street's apartments are found in large buildings of 50 units or more, 58% are located in smaller apartment complexes with less than 50 units, and 23% are single-family rentals.
In total, South 48th Street, Lincoln, NE has 5,998 residents, 3,085 women and 2,913 men, per U.S. Census recent estimates. Statistics show that the median age of South 48th Street’s population is 40.
There is a total of 2,712 households in South 48th Street, Lincoln, NE. Of these, 653 have children and 2,059 are without children. Per Census Bureau’s most current estimates, 1,491 family households and 1,221 non-family households live in this area. The size of a household in South 48th Street is 2 people, on average. The median household annual income in South 48th Street equals $67,342, and the monthly housing costs equal $1,081.
According to data from the U.S. Census Bureau, 1% of the population in South 48th Street, Lincoln, NE have no high school education, 25% went to high-school, and 23% have partially completed college. Moreover, 10% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 14% hold a Graduate Degree.