Cheap Apartments for Rent near Lincolns New Salem, IL from $300 (67 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lincolns New Salem.

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.

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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.

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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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215 N 3rd St
1 to 2 Bedroom Apartments

215 N 3rd St

215 N 3rd StHartsburg, IL 62643
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Butler Place
2 Bedroom Apartments

Butler Place

3100 Butler StSpringfield, IL 62703
  • Utilities Included

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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Pine Woods Apartments
1 to 3 Bedroom Apartments

Pine Woods Apartments

1665 Seven Pines RdSpringfield, IL 62704
  • Utilities Included

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.

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Lincolns New Salem, IL Local Guide

Cheapest Available Lincolns New Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincolns New Salem, IL is a 1 Bed unit found at Lincoln Senior Flats priced from $400. Jacksonville Affordable Housing has the second lowest priced unit, which is a 1 Bed apartment currently listed from $485. Here is today’s list of the most affordable Lincolns New Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln Senior Flats1 Bed 1 Bath1BR,1BA$400
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$485
Whispering Pines Apartments1 Bed, 1 Bath - Essential1BR,1BA$600
The Hickox CollectionThe HickoxStudio,1BA$657
Cobblestone ApartmentsCobblestone 1BD1BR,1BA$750
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$850
Pine Ridge ApartmentsOne Bedroom1BR,1BA$875
Ravenwood TownhomesTownhome2BR,1BA$895
Capitol Plaza ApartmentsOne Bedroom, One Bath1BR,1BA$896
The Boulevard TownhomesApartment2BR,1BA$900

Best Value Apartments for Rent in Lincolns New Salem, IL and Nearby

As of July 12, 2026 the best value apartment in the Lincolns New Salem area is the $1.24 price per square foot Two Bedroom Two Bath Model at Koke Mill Apartments in the starting from $1,300. The second greatest value Lincolns New Salem apartment is the Townhome Model at Ravenwood Townhomes starting at $895 with a $0.90 price per square foot . Here is today’s list of the best values for Lincolns New Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Koke Mill ApartmentsTwo Bedroom Two Bath2BR,2BA$1.24
Ravenwood TownhomesTownhome2BR,1.5BA$0.90
The Boulevard TownhomesTownhouse2BR,1.5BA$1.04
Safe Harbor Properties2 Bdr 1 Bath with Balcony. Capitol View.2BR,1BA$1.08
3TEN Apartments2 Bed 1 Bath2BR,1BA$1.05
Lincoln Senior Flats2 Bed 1 Bath2BR,1BA$0.97
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$1.03
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Pine Ridge ApartmentsOne Bedroom1BR,1BA$1.17
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.88

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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Real 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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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!

Explore Lincolns New Salem, IL Rentals by Map

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See the most popular apartments and homes in Lincolns New Salem, IL

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Frequently Asked Questions about Cheap Lincolns New Salem Apartments

How much is rent for a Cheap One Bedroom Lincolns New Salem Apartment?

The lowest price for a Cheap One Bedroom Lincolns New Salem Apartment is $400 at Lincoln Senior Flats.

What is the lowest price for a Cheap Two Bedroom Lincolns New Salem Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincolns New Salem is starting from $540 at Jacksonville Affordable Housing.

What is the most affordable Lincolns New Salem Three Bedroom Apartment?

The best deal on a cheap Lincolns New Salem Three Bedroom Apartment rental is at Huntington Ridge Apartments and starts from $1,387.

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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.

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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.