Cheap Homes for Rent in Lincoln Park Neighborhood of Chicago, IL from $1,200 (46 Rentals)

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

property at 632 W Wrightwood Ave

$1,395 - $1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $1,450
Total Monthly Price
$1,395 - $1,450

Studio, 1 Bath Condo for Rent

Available Now

632 W Wrightwood Ave

ChicagoIL60614

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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property at 818 W Diversey Pky

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

Studio, 1 Bath Condo for Rent

Available Now

818 W Diversey Pky

ChicagoIL60614

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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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Showing Results 1-46, Page 1 of 1

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 $1,125. 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$1,125
Parkway ApartmentsStudio - Tier 9Studio,1BA$1,210
530 W. Diversey0BR/1.0BAStudio,1BA$1,335
443 WrightwoodStudioStudio,1BA$1,395
530 W. Arlington Pl.StudioStudio,1BA$1,400
Beachwalk ApartmentsStudio Floor Plan S2Studio,1BA$1,452

Best Value Apartments for Rent in Lincoln Park, IL

As of June 04, 2026 the best value apartment in the Lincoln Park area is the $2.67 price per square foot 2121 N Cleveland Ave Model at 2121 N Cleveland Ave, Unit 3 in the in the Lincoln Park neighborhood starting from $4,000. The second greatest value Lincoln Park apartment is the 2 Bedroom 2 Bath Market Model at Acclaim on North Avenue starting at $2,850 with a $1.91 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.
2121 N Cleveland Ave, Unit 32121 N Cleveland Ave3BR,1BA$2.67
Acclaim on North Avenue2 Bedroom 2 Bath Market2BR,2BA$1.91
569 W Arlington Pl, Unit 2569 W Arlington Pl3BR,1BA$2.54
442 W Belden Ave, Unit A04C442 W Belden Ave1BR,1BA$3.06
656 W Belden Ave2 bedroom 1 bath2BR,1BA$2.47
2756-60 N. Pine Grove1-BR/1BA1BR,1BA$2.46
618 W Wrightwood Ave, Unit 625-202618 W Wrightwood Ave1BR,1BA$2.99
2829 N Clark St, Unit #G2829 N Clark StStudio ,1BA$2.67
245 W North Ave, Unit 108245 W North AveStudio ,0.5BA$2.88
530 W. Diversey0BR/1.0BAStudio ,1BA$2.97

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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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 #26

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 548 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $1,125 to $11,302. There are also 157 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $1,295 to $38,000.

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 $1,295 to $38,000 with an average monthly rent of $8,957.

How much are larger Three and Four Bedroom Rentals in Lincoln Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln Park range from $2,795 to $11,302, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $10,000. Four Bedroom Single-Family rentals are also available starting from $4,400 and Four Bedroom Apartments start at $6,800.

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

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

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.