
Cheap Apartments for Rent in Lincoln, MI from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Lincoln.


Presque Isle Estates

VonSteinwehr Apartments

Foster Apartments

AuSable Valley Apartments

Lake Shore Estates
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Stargate Motel

Jamestown Apartments

Woodsview Manor Apartments

Totem Lodges

Inland Lakes Motel

Hidden Brook Manor
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.

Pinecrest Manor
Lincoln, MI Local Guide

How much does it cost to rent an apartment in Lincoln?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Studio Apartments | $655 | $655 | $655 |
| Lincoln 1 Bedroom Apartments | $1,071 | $820 | $1,526 |
| Lincoln 2 Bedroom Apartments | $1,009 | $575 | $3,344 |
| Lincoln 3 Bedroom Apartments | $2,120 | $750 | $4,811 |
Browse Top Apartments in Lincoln
See all Apartments in LincolnExplore Lincoln
Lincoln, MI Local Guide
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Cheapest Available Lincoln Apartments for Rent and Nearby
 The cheapest available apartment rental in Lincoln, MI is a 2 Beds unit found at Presque Isle Estates priced from $575. Thunder Bay Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Lincoln apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Presque Isle Estates | 1412 | 2BR,1BA | $575 |
| Thunder Bay Estates | D3 | 2BR,1BA | $675 |
| Lake Shore Estates | 41 | 2BR,1BA | $675 |
Best Value Apartments for Rent in Lincoln, MI and Nearby
As of June 19, 2026 the best value apartment in the Lincoln area is the $0.80 price per square foot 41 Model at Lake Shore Estates in the starting from $675. The second greatest value Lincoln apartment is the 1520 Model at Presque Isle Estates starting at $750 with a $1.04 price per square foot . 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. |
|---|---|---|---|
| Lake Shore Estates | 41 | 2BR,1.5BA | $0.80 |
| Presque Isle Estates | 1520 | 2BR,1BA | $1.04 |
| Thunder Bay Estates | D3 | 2BR,1BA | $0.94 |
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 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lincoln, MI Rentals by Map
See the most popular apartments and homes in Lincoln, MI
Frequently Asked Questions about Cheap Lincoln Apartments
What is the lowest price for a Cheap Two Bedroom Lincoln Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lincoln is starting from $575 at Presque Isle Estates.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.