1719 W Olive St
DecaturIL62526
Cheap Homes for Rent near Lincoln, IL from $786 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.
619 S 5th St
SpringfieldIL62703
1004 S 13th St
SpringfieldIL62703
117 S Elder Ln
DecaturIL62522
111 S Elder Ln
DecaturIL62522
1408 N 15th St
SpringfieldIL62702
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1137 N 4th St
SpringfieldIL62702
20 Grand Valley Dr
SpringfieldIL62702
41 Anchor Rd
SpringfieldIL62707
3347 Bissell Rd
SpringfieldIL62707
86 Castings Rd
SpringfieldIL62707
1710 E Moffat Ave
SpringfieldIL62702
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
31 Imperial Valley Dr
SpringfieldIL62702
Showing Results 1-13, Page 1 of 1
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 | $1,147 | $925 | $1,800 |
| Lincoln 3 Bedroom Homes for Rent | $1,455 | $1,000 | $3,495 |
| Lincoln 4 Bedroom Homes for Rent | $1,850 | $1,850 | $1,850 |
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 Lincoln Senior Flats priced from $400. Roosevelt School Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $502. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Roosevelt School Apartments | Studio | Studio,1BA | $502 |
| Washington Senior Apartments | Studio | Studio,1BA | $546 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $600 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Lincoln, IL and Nearby
As of September 10, 2026 the best value apartment in the Lincoln area is the $0.71 price per square foot Sunset Hills Model at Sunset Hills Apartments in the starting from $925. The second greatest value Lincoln apartment is the 2BR/ 1BA Model at East Douglas Apartments starting at $900 with a $0.75 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. |
|---|---|---|---|
| Sunset Hills Apartments | Sunset Hills | 3BR,2BA | $0.71 |
| East Douglas Apartments | 2BR/ 1BA | 2BR,1BA | $0.75 |
| Currency Commons Apartments | 2B1B | 2BR,1BA | $1.00 |
| Safe Harbor Properties | 2 Bdr 1 Bath with Balcony. Capitol View. | 2BR,1BA | $1.08 |
| West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.04 |
| Oakwood Estates | Two Bedroom One Bath | 2BR,1BA | $0.87 |
| 3TEN Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| 2474 N Florian | 6 | 2BR,1.5BA | $1.13 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
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.
Read Article
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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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 62 Apartments for Rent in Lincoln, IL with pricing that ranges from $400 to $9,669. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $786 to $3,495.
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 $786 to $3,495 with an average monthly rent of $1,308.
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.