Updated 3 Hours Ago
Location
5505 S 31st St #12, Lincoln, NE 68516, USA
Tour 5505 S 31st St #12
Contact
NL Property Management
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Property Overview
Quiet surroundings, abundant natural light, and utilities included in the rent make this home appealing for comfortable day-to-day living. Its strong value for money and access to nearby school options, along with a coworking space or cafe within 1 mile, add practical convenience for remote work and everyday routines.
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
Less expensive- Elementary school nearby
- High school nearby
Great for
Work-from-home
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 5505 S 31st St #12
This 2-bedroom, 1-bathroom condo offers 670 square feet of comfortable living space in a quiet, established Lincoln neighborhood. The bright living room features a large picture window that brings in plenty of natural light, while the galley-style kitchen offers full-size, ALL NEW APPLIANCES and a functional layout. Both bedrooms provide generous closet space, including a walk-in closet in one bedroom. Additional features include washer and dryer hookups, extra interior storage, and convenient off-street parking in a spacious parking lot. Ideally located near 40th Street and Highway 2, this home offers easy access to shopping, dining, and everyday essentials, including Hy-Vee, Russ's Market, and Super Saver. Enjoy nearby parks and walking trails, including Tierra Briarhurst Park and the Tierra Williamsburg Trails, with Star City Shores Water Park just a short drive away. With a convenient location, practical amenities, and an affordable amount of space, this condo is a great place to call home!
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 5505 S 31st St #12 compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.6 miles away
- High school nearby
- There is a high school 1.7 miles away
- Images Available
- There are at least 10 photos of this property
Considerations
- Grow a garden indoors
- A balcony, backyard, or shared outdoor space isn't available
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 68516 |
|---|---|
| Type | Condo for rent |
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Rent trends in Lincoln
2-bedroom apartments at 5505 S 31st St #12 cost about 18% less than the average rent price for 2-bedroom apartments in Lincoln.
Median rents as of Oct 17 2026.
Lincoln
| Month | Median Rent |
|---|---|
| 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 | $1,116 |
| August 2026 | $1,151 |
| September 2026 | $1,125 |
| October 2026 | $1,100 |
Affordability calculator
Can I afford to live at 5505 S 31st St #12?
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
$36,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $36,000 annually to afford this 2-bedrooms monthly rent price of $900.
For more information on rent affordability, visit our rent calculator.
Schools near 5505 S 31st St #12
Rousseau Elementary School
3701 s 33rd st
lincoln, NE, 68506
PK, K-5Public
A
Wysong Elementary School
7901 blanchard blvd
lincoln, NE, 68516
PK, K-5Public
A-
Infant Toddler at Bryan Community School
300 south 48th st
lincoln, NE, 68510
PKPublic
Early Childhood Special Education - Homebased
300 south 48th st
lincoln, NE, 68510
PKPublic
Educare of Lincoln
3435 north 14th st
lincoln, NE, 68521
PKPublic
Neighborhood
Getting around Lincoln near 5505 S 31st St #12
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 5505 S 31st St #12, Lincoln
Groceries
2/10
At least one supermarket within a 30-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
2/10
Some bars within walking distance
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