
Cheap Homes for Rent in Lincolns New Salem, IL from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lincolns New Salem.


417 E Cook St

619 S 5th St
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.

229 W Allen St

1104 S 11th St

1304 S Walnut St
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.
Lincolns New Salem, IL Local Guide

How much does it cost to rent a home in Lincolns New Salem?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincolns New Salem 2 Bedroom Homes for Rent | $1,199 | $1,000 | $1,500 |
| Lincolns New Salem 3 Bedroom Homes for Rent | $1,244 | $800 | $2,800 |
Browse Top Homes for Rent in Lincolns New Salem
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Lincolns New Salem, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Senior Flats | 1 Bed 1 Bath | 1BR,1BA | $400 |
| Jacksonville Affordable Housing | 1 Bedroom 50% | 1BR,1BA | $485 |
| Whispering Pines Apartments | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Lincolns New Salem, IL and Nearby
As of May 28, 2026 the best value apartment in the Lincolns New Salem area is the $1.09 price per square foot 3 Bedroom Model at Ash Grove in the starting from $1,450. The second greatest value Lincolns New Salem apartment is the Townhouse Model at The Boulevard Townhomes starting at $975 with a $1.04 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ash Grove | 3 Bedroom | 3BR,2BA | $1.09 |
| The Boulevard Townhomes | Townhouse | 2BR,1.5BA | $1.04 |
| The Meadows at Durkin | 2 Bed 1 Bath | 2BR,1BA | $1.05 |
| Lincoln Senior Flats | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| New Eastlawn Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Cobblestone Apartments | Cobblestone 2BD | 2BR,1BA | $1.06 |
| Pine Ridge Apartments | One Bedroom | 1BR,1BA | $1.17 |
| Safe Harbor Properties | 1st Floor Level | 1BR,1BA | $1.21 |
| 106 S 4th St | 2 bedroom | 2BR,1BA | $1.21 |
| Jacksonville Affordable Housing | 1 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.
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 Lincolns New Salem, IL Rentals by Map
See the most popular apartments and homes in Lincolns New Salem, IL
Frequently Asked Questions about Lincolns New Salem
What type of rentals are currently available in Lincolns New Salem?
There are currently 44 Apartments for Rent in Lincolns New Salem, IL with pricing that ranges from $347 to $3,400. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolns New Salem ranging from $800 to $2,800.
What is the current price range for Rental Homes in Lincolns New Salem?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincolns New Salem ranges from $800 to $2,800 with an average monthly rent of $1,119.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.