Cheap Homes for Rent in Lincoln Park Neighborhood of Chicago, IL from $1,300 (61 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 $1,095. Parkway Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,210. Here are the most affordable Lincoln Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,095
Parkway ApartmentsStudio - Tier 6Studio,1BA$1,210
530 W. Arlington Pl.StudioStudio,1BA$1,295
629 W. DemingStudio 1Studio,1BA$1,295
Beachwalk ApartmentsStudio Floor Plan S1Studio,1BA$1,298

Best Value Apartments for Rent in Lincoln Park, IL

As of November 13, 2025 the best value apartment in the Lincoln Park area is the $2.71 price per square foot 2457 N Orchard St Model at 2457 N Orchard St, Unit 1 in the in the Lincoln Park neighborhood starting from $3,250. The second greatest value Lincoln Park apartment is the 2 Bedroom 2 Bath Market Model at Affinity on North Avenue starting at $2,700 with a $2.37 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.
2457 N Orchard St, Unit 12457 N Orchard St2BR,1BA$2.71
Affinity on North Avenue2 Bedroom 2 Bath Market2BR,2BA$2.37
2819 N Pine Grove Ave, Unit 3A2819 N Pine Grove Ave2BR,1BA$2.56
423 W Belden Ave, Unit 2423 W Belden Ave1BR,1BA$2.77
655 W Wrightwood Ave, Unit 104655 W Wrightwood Ave1BR,1BA$2.81
665 W Wrightwood, Unit 215665 W Wrightwood1BR,1BA$2.44
556 W Arlington Pl, Unit 212556 W Arlington Pl1BR,1BA$2.85
2831 N Burling St, Unit M03B2831 N Burling St1BR,1BA$2.50
515 W Arlington Pl, Unit M07B515 W Arlington PlStudio ,1BA$2.04
2020 N Orleans St, Unit M02B2020 N Orleans StStudio ,1BA$2.25

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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

How much rent can you afford?

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 #40

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

Frequently Asked Questions about Lincoln Park

What type of rentals are currently available in Lincoln Park?

There are currently 586 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $1,095 to $9,225. There are also 154 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $1,350 to $24,000.

What is the current price range for Rental Homes in Lincoln Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Park ranges from $1,350 to $24,000 with an average monthly rent of $4,802.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.