14737 E 425 North Rd
HeyworthIL61745
Cheap Homes for Rent in Lincoln, IL from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lincoln.
412 Harris St
TremontIL61568
799 W Camp Sangamo Rd
SpringfieldIL62707
1111 6th St
LincolnIL62656
824 E Ridgely Ave
SpringfieldIL62702
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.
2205 N 2nd St
SpringfieldIL62702
206 N State St
SpringfieldIL62702
525 E Pine St
SpringfieldIL62703
301 N Minier Ave
MinierIL61759
110 S Wesley 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.
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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 | $1,050 | $750 | $2,000 |
| Lincoln 3 Bedroom Homes for Rent | $1,421 | $1,049 | $2,500 |
| Lincoln 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
| 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 |
| The Quarry Apartments | Basalt | Studio,1BA | $600 |
Best Value Apartments for Rent in Lincoln, IL and Nearby
As of November 12, 2025 the best value apartment in the Lincoln area is the $0.83 price per square foot 2BR/ 1BA Model at East Douglas Apartments in the in the Downtown Bloomington neighborhood starting from $1,000. The second greatest value Lincoln apartment is the 2/1 Vaulted Ceilings Model at 108 Oak Creek Plaza starting at $999 with a $0.87 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. |
|---|---|---|---|
| East Douglas Apartments | 2BR/ 1BA | 2BR,1BA | $0.83 |
| 108 Oak Creek Plaza | 2/1 Vaulted Ceilings | 2BR,1BA | $0.87 |
| Danbury Court Apartments | Two Bedroom, Two Bath (market) | 2BR,2BA | $1.11 |
| Safe Harbor Properties | Walk to work. Capitol View. WIFI Included. | 2BR,1BA | $1.03 |
| 3TEN | B1 | 2BR,1BA | $0.99 |
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.13 |
| 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 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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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 56 Apartments for Rent in Lincoln, IL with pricing that ranges from $410 to $10,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $450 to $2,500.
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 $450 to $2,500 with an average monthly rent of $1,142.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.