Comptroveby RentSpire

Northern Lights

1740 Northwoods Drive, Lincoln, NE, 68505

Market rate 1,740 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,404. Average effective rent: $1,404.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,019$1,0194932
1 bedroom$1,259$1,2596232
2 bedroom$1,694$1,6941,0884

HUD Fair Market Rent gap

HUD area: Lincoln, NE HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
The Timberline Apartments at Northwoods Lincoln, NE 0.24 mi $1,385 71%
Lexington Ridge Apartments in Lincoln, NE 0.26 mi $1,182 64%

Sources & provenance

Sourced from https://www.northernlightslincoln.com/ — 13 observation(s), last observed Jul 28, 2026.

Data age: 20 days. Last observed: Jul 28, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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