2401 W Balmoral Ave
ChicagoIL60625
Cheap Apartments for Rent in the Lincoln Square Neighborhood of Chicago, IL from $900 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Square area of Chicago.
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$1,2001 Bedroom Apartment Available Jan 5, 2026
2717 W Rascher Ave, Unit 1
2717 W Rascher AveChicago, IL 60625
5443 N Campbell Ave
ChicagoIL60625
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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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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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Lincoln Square, Chicago, IL Local Guide
How much does it cost to rent an apartment in Lincoln Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Square Studio Apartments | $1,075 | $1,075 | $1,075 |
| Lincoln Square 1 Bedroom Apartments | $1,607 | $1,275 | $1,735 |
| Lincoln Square 2 Bedroom Apartments | $2,145 | $1,695 | $2,600 |
| Lincoln Square 3 Bedroom Apartments | $2,512 | $2,200 | $2,900 |
| Lincoln Square 4 Bedroom Apartments | $3,783 | $3,000 | $4,350 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Lincoln Square Neighborhood of Chicago, IL.
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Cheapest Available Lincoln Square Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2047-2049 W Berwyn Ave | 1 Bed, 1 bath | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Lincoln Square, IL
As of December 29, 2025 the best value apartment in the Lincoln Square area is the $1.67 price per square foot 5851 N Virginia Ave Model at 5851 N Virginia Ave, Unit 2 in the in the North Park neighborhood starting from $2,500. The second greatest value Lincoln Square apartment is the 5120 N Winchester Ave Model at 5120 N Winchester Ave, Unit 3 starting at $2,600 with a $2.00 price per square foot in the Lincoln Square neighborhood. Here is today’s list of the best values for Lincoln Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 5851 N Virginia Ave, Unit 2 | 5851 N Virginia Ave | 3BR,1.5BA | $1.67 |
| 5120 N Winchester Ave, Unit 3 | 5120 N Winchester Ave | 2BR,2BA | $2.00 |
| 2215 W Foster Ave, Unit 3A | 2215 W Foster Ave | 2BR,1BA | $2.31 |
| 5200 N Damen Ave, Unit 3 | 5200 N Damen Ave | 2BR,1BA | $2.20 |
| 2711 W Berwyn Ave, Unit 1 | 2711 W Berwyn Ave | 3BR,1BA | $2.32 |
| 5133 N Wolcott Ave, Unit 1A | 5133 N Wolcott Ave | 1BR,1BA | $1.83 |
| 5131 N Wolcott Ave, Unit 1 | 5131 N Wolcott Ave | 1BR,1BA | $1.83 |
| 2010 W Foster Ave, Unit 1D | 2010 W Foster Ave | 1BR,1BA | $1.86 |
| 2047-2049 W Berwyn Ave | 1 Bed, 1 bath | 1BR,1BA | $1.82 |
| 2208 W Foster Ave, Unit 2206-GDN | 2208 W Foster Ave | 1BR,1BA | $1.93 |
Frequently Asked Questions about Cheap Lincoln Square Apartments
How much is rent for a Cheap One Bedroom Lincoln Square Apartment?
The lowest price for a Cheap One Bedroom Lincoln Square Apartment is $1,550 at 2047-2049 W Berwyn Ave.
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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