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4501 Madison Ave #7 in Lincoln offers practical advantages and a range of appealing features that support comfortable everyday living. It stands out for its useful layout, convenient setting, and overall value, making it a strong option for buyers seeking a well-rounded home.
Things you’ll love
Great for
Apartment Amenities
| Carpet | Central Heat |
| Fireplace |
Appliances
| Dishwasher | Refrigerator |
| Stove/Oven |
Building
| Onsite Laundry |
Grounds
| Assigned Parking |
One-time.
One-time. Refundable.
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?

Welcome to 4501 Madison Ave. This beautiful apartment sits in Northeast Lincoln right on the corner. Inside the apartment you will find carpet and vinyl throughout. In the living room you have a fireplace for decoration only. There is an eat in kitchen complete with a fridge, and stove. There are two bedrooms, one on each side of the bathroom. The master bedroom has big double closets while the second bedroom still has plenty of closet space in it's one closet. There is coin operated laundry on site. One assigned parking stall per unit with available guest off street parking. Tenant will pay for gas and electric. Owner pays for water, sewer, recycling and trash. NO SMOKING. Cats Allowed* One-Time Pet Fee: $250 Monthly Pet Rent: $50 Limit of two cats The actual unit may differ from unit shown. Assigned Parking Cats Allowed Coin Operated Laundry In Building Electric Paid By Tenant Garbage Service Paid By Owner Gas Paid By Tenant Internet/Phone Paid By Tenant Lawn Care Paid By Owner Snow Care Provided By Owner Water/Sewer Paid By Owner
How 4501 Madison Avenue, Lincoln, NE 68504, US compares to other nearby properties.
Positives
Considerations
| Neighborhood | University Place |
|---|---|
| Zip code | 68504 |
| Type | Apartment for rent |
2-bedroom apartments at 4501 Madison Ave #7 cost about 19% less than the average rent price for 2-bedroom apartments in Lincoln.
| Month | Median Rent |
|---|---|
| August 2024 | $1,208 |
| September 2024 | $1,275 |
| October 2024 | $1,297 |
| November 2024 | $1,267 |
| December 2024 | $1,298 |
| January 2025 | $1,259 |
| February 2025 | $1,205 |
| March 2025 | $1,137 |
| April 2025 | $1,095 |
| May 2025 | $1,096 |
| June 2025 | $1,102 |
| July 2025 | $1,112 |
| August 2025 | $1,171 |
| September 2025 | $1,195 |
| October 2025 | $1,194 |
| November 2025 | $1,130 |
| December 2025 | $1,122 |
| January 2026 | $1,154 |
| February 2026 | $1,130 |
| March 2026 | $1,128 |
| April 2026 | $1,111 |
| May 2026 | $1,141 |
| June 2026 | $1,126 |
| July 2026 | $1,113 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,086 |
| September 2024 | $1,095 |
| October 2024 | $1,095 |
| November 2024 | $1,095 |
| December 2024 | $1,035 |
| January 2025 | $995 |
| February 2025 | $1,021 |
| March 2025 | $1,092 |
| April 2025 | $1,092 |
| May 2025 | $1,095 |
| June 2025 | $1,095 |
| July 2025 | $1,085 |
| August 2025 | $1,021 |
| September 2025 | $1,030 |
| October 2025 | $1,069 |
| November 2025 | $1,075 |
| December 2025 | $1,045 |
| January 2026 | $1,045 |
| February 2026 | $1,045 |
| March 2026 | $1,045 |
| April 2026 | $1,022 |
| May 2026 | $1,010 |
| June 2026 | $1,015 |
| July 2026 | $1,041 |
Can I afford to live at 4501 Madison Ave #7?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$33,160/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $759 | 2 bed | 1 bath | ||
| 8 months ago | $799 | 2 bed | 1 bath | ||
| 10 months ago | $749 | 1 bed | 1 bath | ||
| 11 months ago | $849 | 2 bed | 1 bath | ||
| 5 years ago | $645 | 2 bed | 1 bath |
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University Place | Lincoln, NE
Occupied
1 Bed
1 Bath
$749
In-Unit Laundry • Air Conditioning • On-Site Laundry • Central Heat • Dishwasher • Outdoor Space
Occupied
2 Beds
1 Bath
$645
Occupied
2 Beds
1 Bath
$759
In-Unit Laundry • Air Conditioning • On-Site Laundry • Central Heat • Fireplace • Dishwasher
Occupied
2 Beds
1 Bath
$799
In-Unit Laundry • Air Conditioning • On-Site Laundry • Central Heat • Fireplace • Dishwasher
Occupied
2 Beds
1 Bath
$849
In-Unit Laundry • Air Conditioning • On-Site Laundry • Central Heat • Fireplace • Dishwasher