Cheap Homes for Rent in Lincoln, RI from $1,000 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in Lincoln.

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.

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.

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.

Lincoln, RI Local Guide

Cheapest Available Lincoln Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincoln, RI is a Studio unit found at Greystone Lofts priced from $1,542. Pine Street Apartments in the Downtown Pawtucket neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here is today’s list of the most affordable Lincoln apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Greystone LoftsG-0x1AStudio,1BA$1,542
Pine Street Apartments1BR/1.0BA1BR,1BA$1,600
Park Place Navarino LLC1A-R1BR,1BA$1,650
Roosevelt Mills1 Bed1BR,1BA$1,675
The Village LoftsV0x1EStudio,1BA$1,725

Best Value Apartments for Rent in Lincoln, RI and Nearby

As of April 26, 2026 the best value apartment in the Lincoln area is the $0.40 price per square foot 89 Hamlet Ave Model at 89 Hamlet Ave in the in the Bellingham Estates neighborhood starting from $2,200. The second greatest value Lincoln apartment is the 710 River Ave Model at 710 River Ave, Unit 2 starting at $2,000 with a $1.39 price per square foot in the Manton neighborhood. Here is today’s list of the best values for Lincoln apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
89 Hamlet Ave89 Hamlet Ave3BR,1BA$0.40
710 River Ave, Unit 2710 River Ave2BR,1BA$1.39
53 Vernon Street, Unit Apt 853 Vernon Street2BR,1BA$1.39
15 Cliff St, Unit 115 Cliff St2BR,1BA$1.35
1129 Main St, Unit 11129 Main St3BR,1BA$1.50
8 Bagley St, Unit 28 Bagley St3BR,1BA$1.68
33 White St, Unit 2 floors33 White St2BR,1BA$1.73
33 Tingley St, Unit 2R33 Tingley St1BR,1BA$1.60
110 Capital St, Unit 3110 Capital St2BR,1BA$1.69
36 Roberts St, Unit 1R36 Roberts St2BR,1BA$1.71

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lincoln

What type of rentals are currently available in Lincoln?

There are currently 872 Apartments for Rent in Lincoln, RI with pricing that ranges from $1,100 to $12,515. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln ranging from $1,000 to $16,500.

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 $1,000 to $16,500 with an average monthly rent of $2,850.

How much are larger Three and Four Bedroom Rentals in Lincoln?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln range from $1,700 to $6,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $2,400.

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

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From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence

Written by: M. April Tome

I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.