10 Hours Ago
Location
2742 N 48th St, Lincoln, NE 68504, USA|University Place
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Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 658 sqft | $895 /mo | 1 unit available |
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Amenities for Madison Flats
Appliances
| Clothes Washer/Dryer | Dishwasher |
| Garbage Disposal | Icemaker |
| In-Unit Laundry | Microwave |
| Microwave Oven | Range |
| Refrigerator | Stove |
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
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 12 |
|---|
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About Madison Flats
Madison Flats cost $895 per month. Located at 2742 N 48th St, Lincoln, NE 68504, USA, Madison Flats has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Lincoln, renting an apartment at Madison Flats is 21% cheaper per month.Other apartment buildings in or around Lincoln include but are not limited to: 1140 N 25th St, 4231 N 7th St, 225 South 16th Street
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 Madison Flats compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in University Place
2-bedroom apartments at Madison Flats cost about 14% less than the average rent price for 2-bedroom apartments in University Place.
Median rents as of Mar 28 2026.
University Place
Lincoln
| Month | Median Rent |
|---|---|
| April 2024 | $890 |
| 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 |
| February 2026 | $732 |
| March 2026 | $740 |
| Month | Median Rent |
|---|---|
| November 2024 | $975 |
| December 2024 | $975 |
Affordability calculator
Can I afford to live at 2742 N 48th St?
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
$35,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.
Schools near Madison Flats
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
Infant Toddler at Bryan Community School
300 south 48th st
lincoln, NE, 68510
PKPublic
Educare of Lincoln
3435 north 14th st
lincoln, NE, 68521
PKPublic
Wysong Elementary School
7901 blanchard blvd
lincoln, NE, 68516
PK, K-5Public
A-
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Internet available near Madison Flats
Getting around Lincoln near 2742 N 48th St
Walking
6/10
Some shops and stores are within a few minutes.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
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 2742 N 48th St, Lincoln
Groceries
2/10
No grocery stores within walking distance
Shopping
6/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
2/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 2742 N 48th St
B & R Stores, Inc
4554 W St
Super Saver, Inc
4554 W St
African Home Food Market
719 N 48th St
Russ's Market
6300 Havelock Ave
Super Saver
2662 Cornhusker Hwy
U of Nebraska
3310 Holdrege
J Dee Alteration
1401 N 56th St
Max I Walker
4600 W St
Stitching in Time
6241 Holdrege St
Shine By Pke
701 N 48th St
MO Java Cafe
2649 N 48th St
Starbucks
1705 Arbor Dr
Scooter's Coffee
3275 Cornhusker Hwy
Charging Station Coffee LLC
6128 Havelock Ave
Starbucks
333 N 48th St
MO Java Cafe
2649 N 48th St
Risky's Sports Bar & Grill
4680 Leighton Ave
Ej's Lounge & Grill
4700 Dudley St
Outback Steakhouse
633 N 48th St
Arnolds Tavern
6113 Havelock Ave
Jerusalem Bakery
2700 N 48th St
Smoking Gun Jerky LLC
443 N 48th St
Muscle Market
3720 N 27th St
Pioneer Health Foods Inc
2662 Cornhusker Hwy
Misty's Seasoning
3220 Superior St
Sconyers Tennis Courts
Univ. Place Park
John Dietrich bike trail
Upco Park
Ecco Park
MO Java Cafe
2649 N 48th St
Archi & Etc LLC
2436 N 48th St
Domino's
2401 N 48th St
Imperial Palace
2401 N 48th St
Pizza Hut
2340 N 48th St
48th & Madison Avenue (southeast side)
NORTH 48TH, UNIVERSITY PLACE
48th & Madison Avenue (southwest side)
NORTH 48TH
Madison Avenue / 47th Street, NE
University Place, North 48th
Madison & 47th Street (northeast side)
UNIVERSITY PLACE
St Paul & 47th Street (southeast side)
UNIVERSITY PLACE
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