Highlights
- Ample storage
- Spacious kitchen
- No smoking
- Walkout balcony
Nearby rentals
Renter hub
Property management
Offering ample storage and a spacious kitchen, the home supports both everyday living and entertaining. A walkout balcony adds private outdoor space, while the no-smoking policy helps maintain a cleaner, fresher environment for residents.
Things you’ll love
Great for
Apartment Amenities
| Balcony |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?

📍 5440 Cleveland Ave #01 This two-bedroom, one-bath unit offers a comfortable layout with a spacious kitchen, ample storage, and a walkout balcony. Utilities: Tenant pays electricity separately. Gas, water, and trash are paid by the owner. Pet policy: Pet cats allowed (limit two). • One-time pet fee: $250 • Monthly pet rent: $50 Smoking: No smoking. Actual unit may differ from photos shown.
How 5440 Cleveland 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 5440 Cleveland Ave #01 cost about 24% less than the average rent price for 2-bedroom apartments in Lincoln.
| Month | Median Rent |
|---|---|
| June 2024 | $1,185 |
| 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 |
| 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 | $1,137 |
| Month | Median Rent |
|---|---|
| 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 |
| 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 | $1,000 |
Can I afford to live at 5440 Cleveland Ave #01?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$30,360/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $719 | 1 bed | 1 bath | ||
| 11 months ago | $759 | 1 bed | 1 bath | ||
| 1 year ago | $699 | 1 bed | 1 bath | ||
| 1 year ago | $799 | 2 bed | 1 bath |
2900 n 46th st
lincoln, NE, 68504
300 south 48th st
lincoln, NE, 68510
300 south 48th st
lincoln, NE, 68510
3435 north 14th st
lincoln, NE, 68521
7901 blanchard blvd
lincoln, NE, 68516
University Place | Lincoln, NE
Occupied
1 Bed
1 Bath
$699
Carpet • Deck • Balcony • Assigned Parking • In-Unit Laundry • Central Heat
Occupied
1 Bed
1 Bath
$719
Carpet • Assigned Parking • In-Unit Laundry • Central Heat • Air Conditioning • On-Site Laundry
Occupied
1 Bed
1 Bath
$759
Carpet • Deck • Balcony • Assigned Parking • In-Unit Laundry • Central Heat
Occupied
2 Beds
1 Bath
$625
Occupied
2 Beds
1 Bath
$799
Carpet • Deck • Balcony • Assigned Parking • In-Unit Laundry • Central Heat