Zumper
modified
2 Days Ago

Highlights

  • Washer and dryer
  • Walk-in closet
  • Stainless steel appliances
  • Modern finishes
  • Back patio
  • Ample parking

Location

Lincoln, NE 68516, USA
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Contact

Management

Concorde Management & Development, LLC

Leasing office

(402) 476-0086

Property Overview

Grand Terrace scores highly in various aspects, achieving an impressive overall rating of 8.8 from Zumper, reflecting its appeal for renters. The property is rated 10 out of 10 for both price and amenities, indicating an excellent balance of value and a rich array of features such as modern appliances and ample parking. Additionally, its location garners a 9 out of 10 rating, offering convenience to key areas, while a trustworthiness rating of 8 out of 10 highlights the transparency in its presentation, supported by a substantial collection of 49 photos for prospective renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, Grand Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Grand Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Images Available

Floor plans

4BR/3.0BA4 bed3 bath1,314+ sqft$1,995–$2,150 /mo2 units availableSPECIAL: 1/2 off deposit with qualified application! Welcome to your new home in South Lincoln! Located near Hwy 2 and 84th Street, this 4 bedroom, 3 bath duplex has ample space and near endless storage. All appliances are included! Utilities included: trash, lawn care/snow removal Tenant responsible for electric, water, personal No housing Pets allowed with additional deposit and pet rent Call us today at 402-476-0086
5BR/4.0BA5 bed4 bath2,158 sqft$2,250 /mo1 unit availableIndulge in comfortable living with this 5-bedroom, 3.5-bathroom townhome on Lincoln's vibrant southside. The top floor houses all bedrooms for maximum privacy, while the basement offers a customizable living space. The huge oversized double stall garage ensures ample parking and storage. Relax on the back patio and enjoy stainless steel appliances in the kitchen and modern finishes throughout. Sizable bedrooms provide comfort, and the laundry room includes a washer and dryer. Retreat to the master bedroom with its own bath and walk-in closet. This townhome combines convenience and elegance, offering a premier living experience on the southside.

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Amenities for Grand Terrace

Apartment Amenities

TrashUtilities Included

Appliances

DishwasherGarbage Disposal
In-Unit LaundryMicrowave
Microwave OvenRange
RefrigeratorWasher and Dryer

Building

Oversized 2 Car Garage

Grounds

Garage Parking
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

Garage Parking

Questions about this property’s policies and fees?

Building details

Property details

Units8
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About Grand Terrace

HomeApartments in Lincoln Grand Terrace

Indulge in comfortable living with this 5-bedroom, 3.5-bathroom townhome on Lincoln's vibrant southside. The top floor houses all bedrooms for maximum privacy, while the basement offers a customizable living space. The huge oversized double stall garage ensures ample parking and storage. Relax on the back patio and enjoy stainless steel appliances in the kitchen and modern finishes throughout. Sizable bedrooms provide comfort, and the laundry room includes a washer and dryer. Retreat to the master bedroom with its own bath and walk-in closet. This townhome combines convenience and elegance, offering a premier living experience on the southside.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, Grand Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Grand Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Grand Terrace
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Grand Terrace offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Grand Terrace stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—in-unit laundry—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Grand Terrace is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Grand Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new 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 Grand Terrace compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 2 miles away
Greater distance from high schools
The nearest high school is farther than 3 miles away
Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available

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Rent trends in Lincoln

4-bedroom apartments at Grand Terrace cost about 15% less than the average rent price for 4-bedroom apartments in Lincoln.

Median rents as of Jan 31 2026.
Lincoln
A table of studio rental data trends in Lincoln
MonthMedian Rent
February 2024$682
March 2024$833
April 2024$898
May 2024$865
June 2024$793
July 2024$690
August 2024$726
September 2024$801
October 2024$799
November 2024$780
December 2024$894
January 2025$893
February 2025$906
March 2025$855
April 2025$730
May 2025$738
June 2025$739
July 2025$787
August 2025$736
September 2025$725
October 2025$719
November 2025$744
December 2025$742
January 2026$737

Affordability calculator

Can I afford to live at Lincoln?

Bedrooms

4+ bedrooms

Rent-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

$79,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 4-bedrooms monthly rent price of $1,995.
For more information on rent affordability, visit our rent calculator.

Schools near Grand Terrace

Humann Elementary School

6720 rockwood ln

lincoln, NE, 68516

PK, K-5Public
A-

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 Grand Terrace

Getting around NE 68516 near Lincoln

Walking

5/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
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 Lincoln, NE 68516

Groceries

2/10
No grocery stores within walking distance

Shopping

5/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

4/10
No elementary schools within a 30-minute walk

High schools

0/10
No high schools within a 30-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

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