
Cheap Apartments for Rent in the Lincoln Square Neighborhood of Chicago, IL from $900 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Square area of Chicago.


5234 N Rockwell St, Unit 2
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.
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.
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 1 Bedroom Apartments | $1,674 | $1,100 | $2,350 |
Lincoln Square 2 Bedroom Apartments | $2,089 | $1,600 | $2,550 |
Lincoln Square 3 Bedroom Apartments | $2,535 | $1,900 | $3,350 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Lincoln Square Neighborhood of Chicago, IL.
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Best Value Apartments for Rent in Lincoln Square, IL
As of June 18, 2025 the best value apartment in the Lincoln Square area is the $0.18 price per square foot 5639 N Artesian Ave Model at 5639 N Artesian Ave, Unit 5639 N Artesian in the in the Lincoln Square neighborhood starting from $1,800. The second greatest value Lincoln Square apartment is the 2642 W Farragut Ave Model at 2642 W Farragut Ave, Unit 1 starting at $3,000 with a $1.36 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. |
---|---|---|---|
5639 N Artesian Ave, Unit 5639 N Artesian | 5639 N Artesian Ave | 2BR,1BA | $0.18 |
2642 W Farragut Ave, Unit 1 | 2642 W Farragut Ave | 3BR,2BA | $1.36 |
5534 N Campbell Ave, Unit 1 | 5534 N Campbell Ave | 3BR,1BA | $1.56 |
5849 N Virginia Ave, Unit 1 | 5849 N Virginia Ave | 2BR,2BA | $2.45 |
5849 N Virginia Ave, Unit 1 | 5849 N Virginia Ave | 2BR,2BA | $2.45 |
3218 W Balmoral Ave, Unit 2W | 3218 W Balmoral Ave | 2BR,1BA | $1.95 |
5131 N Wolcott Ave, Unit 2 | 5131 N Wolcott Ave | 1BR,1BA | $1.76 |
5208 N Leavitt St, Unit 2204-1 | 5208 N Leavitt St | 1BR,1BA | $1.72 |
2421 W Hollywood Ave, Unit 1 | 2421 W Hollywood Ave | 2BR,1BA | $2.16 |
2654 W Ardmore Ave, Unit 54-2 | 2654 W Ardmore Ave | 1BR,1BA | $2.04 |
Getting Around the Lincoln Square Neighborhood in Chicago, IL
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.