Cheap Apartments for Rent in the Lincoln Park Neighborhood of Chicago, IL from $800 (96 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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Beachwalk Apartments
$1,296 - $2,632
Total Monthly Price

Total Monthly Price

Base Rent
$1,246 - $2,582
Required Monthly Fees
$50
Total Monthly Price
$1,296 - $2,632
Studio to 2 Bedroom Apartments Available Now

Beachwalk Apartments

420 W Fullerton PkyChicago, IL 60614
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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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556 W Arlington Pl
$1,450 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,850
Total Monthly Price
$1,450 - $1,850
Studio to 1 Bedroom Apartment Available Now

556 W Arlington Pl

556 W Arlington PlChicago, IL 60614
Affordability
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532 W Arlington Pl
$1,450 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,850
Total Monthly Price
$1,450 - $1,850
Studio to 1 Bedroom Apartment Available Now

532 W Arlington Pl

532 W Arlington PlChicago, IL 60614
Affordability
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535 W Arlington Pl
$1,450 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,450 - $1,850
Total Monthly Price
$1,450 - $1,850
Studio to 1 Bedroom Apartment Available Now

535 W Arlington Pl

535 W Arlington PlChicago, IL 60614
Affordability

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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2325 N Commonwealth Ave, Unit S
$1,545
Total Monthly Price

Total Monthly Price

Base Rent
$1,545
Total Monthly Price
$1,545
Studio Apartment Available Now

2325 N Commonwealth Ave, Unit S

2325 N Commonwealth AveChicago, IL 60614
Affordability
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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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812 W Diversey Pky
$1,650 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,650 - $1,695
Total Monthly Price
$1,650 - $1,695
Studio Apartment Available Now

812 W Diversey Pky

812 W Diversey PkyChicago, IL 60614
Affordability
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557 W Arlington Pl
$1,750 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $1,795
Total Monthly Price
$1,750 - $1,795
Studio Apartment Available Now

557 W Arlington Pl

557 W Arlington PlChicago, IL 60614
Affordability
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556 W Arlington Pl
$1,750 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,295
Total Monthly Price
$1,750 - $2,295
Studio to 1 Bedroom Apartment Available Now

556 W Arlington Pl

556 W Arlington PlChicago, IL 60614
Affordability
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560 W Arlington
$1,750 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,295
Total Monthly Price
$1,750 - $2,295
Studio to 1 Bedroom Apartment Available Now

560 W Arlington

560 W ArlingtonChicago, IL 60614
Affordability

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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560 W Arlington
$1,750 - $2,295
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,295
Total Monthly Price
$1,750 - $2,295
Studio to 1 Bedroom Apartment Available Now

560 W Arlington

560 W ArlingtonChicago, IL 60614
Affordability
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555 W Arlington Pl
$1,750 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,195
Total Monthly Price
$1,750 - $2,195
Studio to 1 Bedroom Apartment Available Now

555 W Arlington Pl

555 W Arlington PlChicago, IL 60614
Affordability
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555 W Arlington Pl
$1,750 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,195
Total Monthly Price
$1,750 - $2,195
Studio to 1 Bedroom Apartment Available Now

555 W Arlington Pl

555 W Arlington PlChicago, IL 60614
Affordability
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563 W Arlington Pl
$1,750 - $2,195
Total Monthly Price

Total Monthly Price

Base Rent
$1,750 - $2,195
Total Monthly Price
$1,750 - $2,195
Studio to 1 Bedroom Apartment Available Now

563 W Arlington Pl

563 W Arlington PlChicago, IL 60614
Affordability
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818 W Diversey Pky, Unit P
$1,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750
Studio Apartment Available Apr 1

818 W Diversey Pky, Unit P

818 W Diversey PkyChicago, IL 60614
Affordability
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2127 N Dayton St
$1,795 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$1,795 - $1,995
Total Monthly Price
$1,795 - $1,995
Studio Apartment Available Now

2127 N Dayton St

2127 N Dayton StChicago, IL 60614
Affordability

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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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 1807-09 N. Lincoln Park West priced from $820. 424 W. Diversey has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here are the most affordable Lincoln Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
1807-09 N. Lincoln Park WestStudioStudio,1BA$820
424 W. DiverseyStudioStudio,1BA$1,145
Parkway ApartmentsStudio - Tier 8Studio,1BA$1,210
Beachwalk ApartmentsStudio Floor Plan S1Studio,1BA$1,296
2738 N. Pine Grove0BR/1.0BAStudio,1BA$1,335
430-446 W. DiverseySTUD/1BAStudio,1BA$1,364
Park View ApartmentsStudio #226-726Studio,1BA$1,395

Best Value Apartments for Rent in Lincoln Park, IL

As of March 04, 2026 the best value apartment in the Lincoln Park area is the $1.91 price per square foot 1938 N Halsted St Model at 1938 N Halsted St in the in the Lincoln Park neighborhood starting from $2,295. The second greatest value Lincoln Park apartment is the 2 Bedroom 2 Bath Affordable Model at Acclaim on North Avenue starting at $1,471 with a $1.35 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.
1938 N Halsted St1938 N Halsted St2BR,1BA$1.91
Acclaim on North Avenue2 Bedroom 2 Bath Affordable2BR,2BA$1.35
2756-60 N. Pine Grove2-BR/1BA2BR,1BA$2.83
2235 N Halsted St, Unit 2 F2235 N Halsted St1BR,1BA$2.50
630 W Wrightwood, Unit 5630 W Wrightwood1BR,1BA$2.91
2325 N Commonwealth Ave, Unit S2325 N Commonwealth AveStudio ,1BA$2.06
451 W. Wrightwood1 Bedroom / 1 Bathroom1BR,1BA$2.42
539 W Arlington Pl, Unit J09W539 W Arlington Pl1BR,1BA$2.64
563 W Arlington Pl, Unit 202563 W Arlington Pl1BR,1BA$2.85
555 W Arlington Pl555 W Arlington PlStudio ,1BA$2.92

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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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lincoln Park, Chicago, IL

Ranked #29

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 $1,395.

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 $5,479.

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 8 regular apartments in Lincoln Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Lincoln Park?

Cheap apartments in Lincoln Park have an average cost of $513 which is $4,966 cheaper than the average rent for all rentals in Lincoln Park.

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.

Helpful Local Expert Guides

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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

Written by: Nicole Harms

From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.