5+ Days Ago
Location
4501 Madison Ave #8, Lincoln, NE 68504, USA|University Place
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Less expensive
- Central heat
Great for
Work-from-home
Eco living
Pet owners
Amenities for 4501 Madison Ave #8, University Place
Apartment Amenities
| Air Conditioning | Carpet |
| Central Air Conditioning | Central Heat |
| Eat-in Kitchen | Fireplace |
| Living Room | Tenant Pays Gas and Electric |
| Top Floor | Water & Sewer Included |
Appliances
| Dishwasher | Garbage Disposal |
| In-Unit Laundry | Refrigerator |
| Stove/Oven |
Building
| Cats OK | Gas Furnace |
| No Smoking Building | Onsite Laundry |
| Pay Laundry Onsite |
Grounds
| Assigned Parking |
Services
| Lawn Care Included | Snow Removal Included |
| Trash Removal Included |
Other
| One Year Lease |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Not allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 4501 Madison Ave #8
Sweet deal!
This listing is 24% below the median price for 2 bedroom apartments in University Place.
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
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 4501 Madison Avenue, Lincoln, NE 68504, US compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Central heat
- This address offers a climate controlled environment
- Fireplace
- Upgraded in-unit features available
- Images available
- There are at least 10 photos of this address
Address details
| Neighborhood | University Place |
|---|---|
| Zip code | 68504 |
| Type | Apartment for rent |
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Rent trends in University Place
2-bedroom apartments at 4501 Madison Ave #8 cost about 24% less than the average rent price for 2-bedroom apartments in Lincoln.
Median rents as of Nov 29 2025.
University Place
Lincoln
| Month | Median Rent |
|---|---|
| December 2023 | $1,041 |
| January 2024 | $1,024 |
| February 2024 | $999 |
| March 2024 | $1,134 |
| April 2024 | $1,175 |
| May 2024 | $1,202 |
| June 2024 | $1,181 |
| July 2024 | $1,203 |
| 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 |
| Month | Median Rent |
|---|---|
| December 2023 | $956 |
| January 2024 | $984 |
| February 2024 | $895 |
| March 2024 | $947 |
| April 2024 | $989 |
| May 2024 | $995 |
| June 2024 | $995 |
| July 2024 | $1,024 |
| 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 |
Affordability calculator
Can I afford to live at 4501 Madison Ave #8?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$31,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,960 annually to afford this 2-bedrooms monthly rent price of $799.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $799 | 2 bed | 1 bath | ||
| 3 months ago | $749 | 1 bed | 1 bath | ||
| 4 months ago | $849 | 2 bed | 1 bath | ||
| 1 year ago | $699 | 1 bed | 1 bath |
Schools near 4501 Madison Ave #8
Huntington Elementary School
2900 n 46th st
lincoln, NE, 68504
PK, K-5Public
C+
Early Childhood Special Education - Homebased
300 south 48th st
lincoln, NE, 68510
PKPublic
Educare of Lincoln
3435 north 14th st
lincoln, NE, 68521
PKPublic
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Internet available near 4501 Madison Ave #8
Neighborhood
University Place | Lincoln, NE
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Lincoln near 4501 Madison Ave #8
Walking
5/10
Some shops and stores are within a few minutes.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4501 Madison Ave #8, Lincoln
Groceries
2/10
Closest supermarket further than a 30-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
4501 Madison Avenue, Lincoln, NE
4501 Madison Avenue Lincoln, NE
Occupied
2
1 Bed
1 Bath
$749
Air Conditioning • Assigned Parking • Carpet • Outdoor Space • Dishwasher • On-Site Laundry
Occupied
6
2 Beds
1 Bath
$645
Occupied
3
2 Beds
1 Bath
$799
Air Conditioning • Assigned Parking • Carpet • Fireplace • Dishwasher • On-Site Laundry
Occupied
4
2 Beds
1 Bath
$849
Air Conditioning • Assigned Parking • Carpet • Fireplace • Dishwasher • On-Site Laundry
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