Cheap Apartments for Rent in the Lincoln Park Neighborhood of Chicago, IL from $800 (78 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln Park area of Chicago.

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245 W North Ave, Unit 108
$1,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,195
Total Monthly Price
$1,195
Studio Apartment Available Aug 1

245 W North Ave, Unit 108

245 W North AveChicago, IL 60610
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1940 N. Lincoln
$1,264 - $1,905
Total Monthly Price

Total Monthly Price

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$1,264 - $1,905
Total Monthly Price
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Studio to 1 Bedroom Apartments Available Aug 1

1940 N. Lincoln

1940 N Lincoln AveChicago, IL 60614
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2630 N. Hampden Court
$1,400 - $2,254
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$1,400 - $2,254
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Studio to 2 Bedroom Apartments Contact Us For Availability

2630 N. Hampden Court

2630 N Hampden CtChicago, IL 60614
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430-446 W. Diversey
$1,445 - $3,284
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Total Monthly Price

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$1,445 - $3,284
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Studio to 2 Bedroom Apartments Available Sep 1

430-446 W. Diversey

430-446 W Diversey PkyChicago, IL 60614
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2819 N Burling St, Unit 2
$1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,595
Total Monthly Price
$1,595
Studio Apartment Available Now

2819 N Burling St, Unit 2

2819 N Burling StChicago, IL 60657
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537 W Arlington Pl
$1,595 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $1,975
Total Monthly Price
$1,595 - $1,975
Studio to 1 Bedroom Apartment Available Sep 1

537 W Arlington Pl

537 W Arlington PlChicago, IL 60614
Affordability

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423 W Belden Ave
$1,750 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $1,895
Total Monthly Price
$1,750 - $1,895
Studio Apartment Available Sep 1

423 W Belden Ave

423 W Belden AveChicago, IL 60614
Affordability

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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818 W Diversey Pky, Unit A
$1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,795
Total Monthly Price
$1,795
Studio Apartment Available Sep 1

818 W Diversey Pky, Unit A

818 W Diversey PkyChicago, IL 60614
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536 W. Grant
Studio to 2 Bedroom Apartments

536 W. Grant

536-538 W Grant PlChicago, IL 60614
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The Granada
Studio to 2 Bedroom Apartments

The Granada

525 W Arlington PlChicago, IL 60614
  • Utilities Included
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660 Wrightwood
Studio to 2 Bedroom Apartments

660 Wrightwood

660 W WrightwoodChicago, IL 60614
  • Utilities Included
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2048 N Cleveland Ave
Studio to 1 Bedroom Apartments

2048 N Cleveland Ave

2048 N Cleveland AveChicago, IL 60614

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Lincoln Park, Chicago, IL Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Chicago, IL is a Studio unit found at 424 W. Diversey priced from $1,155. Parkway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,279. Here are the most affordable Lincoln Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,155
Parkway ApartmentsStudio - Tier 9Studio,1BA$1,279
443 WrightwoodStudioStudio,1BA$1,525
451 W. WrightwoodStudioStudio,1BA$1,545
640 W Wrightwood AveStudioStudio,1BA$1,550

Best Value Apartments for Rent in Lincoln Park, IL

As of July 21, 2026 the best value apartment in the Lincoln Park area is the $2.95 price per square foot 1638 N Sedgwick St Model at 1638 N Sedgwick St, Unit 1 in the in the Lincoln Park neighborhood starting from $9,744. The second greatest value Lincoln Park apartment is the 407 W North Ave Model at 407 W North Ave, Unit 5E starting at $4,500 with a $2.40 price per square foot in the Lincoln Park neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1638 N Sedgwick St, Unit 11638 N Sedgwick St5BR,3.5BA$2.95
407 W North Ave, Unit 5E407 W North Ave3BR,2BA$2.40
1853 N Orleans St, Unit 21853 N Orleans St2BR,2BA$3.27
702 W Schubert Ave702 W Schubert Ave2BR,1BA$3.56
656 W Belden Ave2 bedroom 1 bath2BR,1BA$2.47
618 W Wrightwood Ave, Unit 625-202618 W Wrightwood Ave1BR,1BA$2.93
2300 N ClarkONE BEDROOM1BR,1BA$3.21
601 W. Deming Pl1BR/1.0BA1BR,1BA$3.18
630 W Wrightwood Ave630 W Wrightwood Ave1BR,1BA$3.17
665 W Wrightwood665 W WrightwoodStudio ,1BA$3.08

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Lincoln Park, Chicago, IL

Ranked #30

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lincoln Park, Chicago, IL

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities and towns across the United States including Lincoln Park, Chicago, and the greater Chicago area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places that make kids happy, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Lincoln Park Apartments

What is a cheap apartment in Lincoln Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lincoln Park is under $1,550.

What is the price of a cheap apartment in Lincoln Park?

The cheapest apartment in Lincoln Park is Parkway Apartments which is listed at $1,331, while the average apartment in Lincoln Park costs $9,744.

What types of apartments are the cheapest in Lincoln Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Lincoln Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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