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Highlights

  • Rent Special
  • Pet Friendly
  • Balconies
  • Dishwashers
  • State-of-the-art appliances
  • Wood burning stone fireplaces
  • Energy efficient homes
  • Patios

Location

8341 Karl Ridge Rd, Lincoln, NE 68506, USA
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Contact

Management

Asset Living Midwest, LLC

Our team has verified this company

Leasing office

(531) 202-6688

Open 

Monday 9:00 am–6:00 pm CT

Property Overview

Somerset receives a high overall Zumper Expert Rating of 9.9/10, reflecting its exceptional quality and competitive pricing, supported by a perfect score in amenities and location. Notable features include balconies, state-of-the-art appliances, and energy-efficient homes, while its proximity to grocery stores and pet services adds to its appeal, making it a desirable choice for renters seeking both comfort and convenience. The property demonstrates transparency with a trustworthiness rating of 9/10, ensuring potential renters have a clear understanding of what to expect.

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

Zumper Expert Rating

9.9
Excellent
With an impressive overall rating of 9.9 out of 10, Somerset is one of the top properties in this neighborhood. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.

Things you’ll love

  • Fireplace
  • Images Available
  • Outdoor space

Great for

  • Pet owners

Floor plans

1 Bedroom, 1 Bathroom - 750 SF1 bed1 bath750 sqft$995–$1,115 /mo7 units available
2 Bedroom, 2 Bathroom - 950 SF2 bed2 bath950 sqft$1,305 /mo1 unit available
2 Bedroom, 2 Bathroom - 950 SF Reno2 bed2 bath950 sqftAsk to join waitlistComing soon

Let's explore this property.

Amenities for Somerset

Apartment Amenities

BalconyFireplace
Fireplaces In Select HomesHigh Ceilings
Walk-in Closet

Appliances

In-Unit Laundry

Building

Cats OKClubhouse
Coffee BarControlled/Gated Access
Dogs OKFitness Center
Sauna

Grounds

Basketball CourtsCar Wash Station
Community GrillsDetached Garages Available
Tennis Courts

Services

Flexible Rental Payment OptionsOn-Site Maintenance
On-Site Management
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

Deposit

One-time. Refundable: 100%. Security Deposit.

$1,000–$1,205

OPTIONAL FEES

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max. 2 pets per apartment with a combined adult weight of 75lbs | Restrictions: Please note: Somerset utilizes Petscreening and participates in the Pooprint program. Breed restrictions also apply.

$35

Pet Fee

One-time fee per pet.

$350

Dog

Pet Rent

Monthly. 2 dogs max. 2 pets per apartment with a combined adult weight of 75lbs | Restrictions: Please note: Somerset utilizes Petscreening and participates in the Pooprint program. Breed restrictions also apply.

$35

Pet Fee

One-time fee per pet.

$350

Questions about this property’s policies and fees?

Building details

Property details

Units192
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About Somerset

HomeApartments in Lincoln Somerset

At Somerset Apartments, we pride ourselves on offering some of the finest, most robust and all-around enjoyable apartment homes that Nebraska has to offer. We have a wide range of spacious floor plans for you to choose from depending on your needs, including both one and two bedroom plans that are available to rent right now. You’ll love our cozy earth-tone colors with textured walls, state-of-the-art appliances like dishwashers, washing machines and dryers and so much more. Select floor plans have patios and balconies. Wood burning stone fireplaces are also available, helping to extend our already energy efficient homes even further.


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.
9.9
/10
Excellent
With an impressive overall rating of 9.9 out of 10, Somerset is one of the top properties in this neighborhood. It stands out for Price, Amenities, and Location, so residents can expect their monthly rent payments to give them elevated features, an exceptional standard of living, and a phenomenal experience.
How we rated Somerset
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.
Somerset 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.
Somerset 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—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Somerset offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
Somerset has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Somerset.
Trustworthiness·9A 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.
Somerset has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Somerset is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 1 pet grooming service nearby
  • 1 pet supply store near the property

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 Somerset compares to other nearby properties.

Positives

Fireplace
Upgraded in-unit features
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors
Walk-in closet
More closet space on average

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Lincoln

1-bedroom apartments here are priced 14% higher than 1-bedrooms in Lincoln.

If you decide to upgrade your space, you can expect 2-bedrooms at Somerset to be 10% more than the average for similarly sized 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 8341 Karl Ridge Rd?

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.

Schools near Somerset

Pyrtle Elementary School

721 cottonwood dr

lincoln, NE, 68510

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 Somerset

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Lincoln near 8341 Karl Ridge Rd

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
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

2/10
There are a few mass transit options within the area.

Points of interest for 8341 Karl Ridge Rd, Lincoln

Groceries

1/10
Closest supermarket further than a 30-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within walking distance

Primary schools

5/10
At least one elementary school within a 20-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

1/10
Few or no bars within walking distance

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