3500 N Dirksen Pkwy
SpringfieldIL62702
Cheap Homes for Rent in Lincoln, IL from $500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.
1745 W Grand Ave
DecaturIL62522
412 Harris St
TremontIL61568
1248 Ledlie Ave
SpringfieldIL62702
131 S Douglas Ave
SpringfieldIL62704
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.
824 E Ridgely Ave
SpringfieldIL62702
1925 E Spruce St
SpringfieldIL62703
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.
926 W Washington St
SpringfieldIL62702
61 Grand Valley Dr
SpringfieldIL62702
233 N Wesley St
SpringfieldIL62702
1105 N 5th St
SpringfieldIL62702
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Lincoln, IL Local Guide
Lincoln Balloon launch by Chauncey Davis is licensed under CC BY 2.0
How much does it cost to rent a home in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln 2 Bedroom Homes for Rent | $1,199 | $825 | $2,000 |
| Lincoln 3 Bedroom Homes for Rent | $1,361 | $510 | $2,750 |
| Lincoln 4 Bedroom Homes for Rent | $2,025 | $1,100 | $2,950 |
| Lincoln 5 Bedroom Homes for Rent | $1,110 | $1,110 | $1,110 |
Browse Top Homes for Rent in Lincoln
Explore Lincoln
Lincoln, IL Local Guide
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Cheapest Available Lincoln Apartments for Rent and Nearby
The cheapest available apartment rental in Lincoln, IL is a 1 Bed unit found at Roosevelt School Apartments priced from $461. Washington Senior Apartments in the Downtown Bloomington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $548. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $461 |
| Washington Senior Apartments | Studio | Studio,1BA | $548 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| The Hickox Collection | The Hickox | Studio,1BA | $628 |
| Moundford Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $655 |
Best Value Apartments for Rent in Lincoln, IL and Nearby
As of September 14, 2025 the best value apartment in the Lincoln area is the $1.00 price per square foot 2/1 Vaulted Ceilings with Carpet Model at 108 Oak Creek Plaza in the in the Downtown Bloomington neighborhood starting from $1,149. The second greatest value Lincoln apartment is the Two Bedroom, Two Bath (market) Model at Danbury Court Apartments starting at $1,250 with a $1.11 price per square foot in the Downtown Bloomington neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 108 Oak Creek Plaza | 2/1 Vaulted Ceilings with Carpet | 2BR,1BA | $1.00 |
| Danbury Court Apartments | Two Bedroom, Two Bath (market) | 2BR,2BA | $1.11 |
| West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.99 |
| Safe Harbor Properties | Downtown | 1BR,1BA | $1.03 |
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.06 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 |
| Lincoln Tower Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.07 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $1.21 |
| Moundford Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.07 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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Explore Lincoln, IL Rentals by Map
See the most popular apartments and homes in Lincoln, IL
Frequently Asked Questions about Lincoln
What type of rentals are currently available in Lincoln?
There are currently 54 Apartments for Rent in Lincoln, IL with pricing that ranges from $403 to $8,712. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $510 to $2,950.
What is the current price range for Rental Homes in Lincoln?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln ranges from $510 to $2,950 with an average monthly rent of $1,302.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.