Cheap Homes for Rent in Lincoln Square Neighborhood of Chicago, IL from $1,100 (6 Rentals)

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

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Best Value Apartments for Rent in Lincoln Square, IL

As of February 24, 2026 the best value apartment in the Lincoln Square area is the $2.00 price per square foot 5120 N Winchester Ave Model at 5120 N Winchester Ave, Unit 3 in the in the Lincoln Square neighborhood starting from $2,600. The second greatest value Lincoln Square apartment is the 2215 W Foster Ave Model at 2215 W Foster Ave, Unit 3A starting at $2,550 with a $2.31 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 ListingModel NameBed/BathPrice Per Sq.Ft.
5120 N Winchester Ave, Unit 35120 N Winchester Ave2BR,2BA$2.00
2215 W Foster Ave, Unit 3A2215 W Foster Ave2BR,1BA$2.31
5200 N Damen Ave, Unit 35200 N Damen Ave2BR,1BA$2.20
5137 N Wolcott Ave, Unit 15137 N Wolcott Ave2BR,1BA$2.52
5133 N Wolcott Ave, Unit 1A5133 N Wolcott Ave1BR,1BA$1.83
5131 N Wolcott Ave, Unit 15131 N Wolcott Ave1BR,1BA$1.83
5206 N Leavitt St, Unit 25206 N Leavitt St2BR,1BA$2.35
5110 N Winchester Ave, Unit 3A5110 N Winchester Ave2BR,1BA$2.75

Frequently Asked Questions about Lincoln Square

What type of rentals are currently available in Lincoln Square?

There are currently 258 Apartments for Rent in Lincoln Square, IL with pricing that ranges from $1,375 to $2,700. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Square ranging from $1,160 to $2,980.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Square ranges from $1,160 to $2,980 with an average monthly rent of $2,205.

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.