
Cheap Apartments for Rent in Lincolnshire, IL from $1,000 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Lincolnshire.


22960 N Apple Hill Ln, Unit Condo

Hunt Club Apartments

Park Butterfield Apartments

Lakeside Village Apartments

Total Monthly Price
Springs at Lake Cook Crossing

Union Apartments

Total Monthly Price
Waterford Place Apartments

Emerald Pointe Apartments

ReNew Lake Arlington
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.

Arbor Lakes

Mandalane

Woodview Apartments

Pebbleshire Apartments

The Green At Chevy Chase Apartments

Arrive North Shore

Total Monthly Price
The Atworth at Mellody Farm

Arlington Club Apartments

Total Monthly Price
Brook Run

One Wheeling Town Center
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.

Northgate Crossing of Wheeling

The Wheatlands Apartments

Uptown 500

Springs at Mundelein

The Oaks Of Vernon Hills

301 Riverwalk Place

Total Monthly Price
Albion Highland Park

The Domaine at Hawthorn Row

Total Monthly Price
AMLI Deerfield

Total Monthly Price
Everleigh Vernon Hills 55+ Active Adult Apartments
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.

The Landing at Town Center

The 250 Residences

Furnished Studio-Chicago - Vernon Hills - Lake Forest

Terraces at Deerfield

HIGHPOINT Highwood Station 440

Furnished Studio-Chicago - Buffalo Grove - Deerfield

1106 Wildberry Ct, Unit B1

1054 Deerpath Ct

733 Plum Tree Ct

The Majestic Luxury Apartments
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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.

Wheeling Manor

Mallard Lake

Buffalo Creek Apartments

Villas By The Lake

Foxboro Apartments

Port Clinton Place

Windbrooke Crossing

HIGHPOINT Highwood Station 546

1182 Northbury Ln

733 Plum Tree Ct
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Lincolnshire, IL Local Guide

How much does it cost to rent an apartment in Lincolnshire?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Lincolnshire Studio Apartments | $2,155 | $1,491 | $7,560 |
| Cheap Lincolnshire 1 Bedroom Apartments | $2,260 | $1,350 | $6,432 |
| Cheap Lincolnshire 2 Bedroom Apartments | $2,900 | $1,582 | $9,932 |
| Cheap Lincolnshire 3 Bedroom Apartments | $4,382 | $2,705 | $10,000+ |
Browse Top Apartments in Lincolnshire
See all Apartments in LincolnshireExplore Lincolnshire
Lincolnshire, IL Local Guide
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Cheapest Available Lincolnshire Apartments for Rent
 The cheapest available apartment rental in Lincolnshire, IL is a 1 Bed unit found at Hunt Club Apartments in the Milwaukee Avenue neighborhood priced from $1,350. Lakeside Village Apartments in the Grosse Pointe Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,485. Here is today’s list of the most affordable Lincolnshire apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunt Club Apartments | Ash (1 Bed U) | 1BR,1BA | $1,350 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $1,485 |
| Mallard Lake | Geneva | 1BR,1BA | $1,570 |
| Waterford Place Apartments | Kildare | 1BR,1BA | $1,603 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $1,613 |
| Foxboro Apartments | Easton | 1BR,1BA | $1,616 |
| Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,621 |
| ReNew Lake Arlington | 1x1A | 1BR,1BA | $1,629 |
| Park Butterfield Apartments | 2 Bedroom Floor Plan B1 | 2BR,1BA | $1,631 |
| Mandalane | 1A | 1BR,1BA | $1,639 |
Best Value Apartments for Rent in Lincolnshire, IL
As of June 21, 2026 the best value apartment in the Lincolnshire area is the $1.63 price per square foot 2 Bedroom Floor Plan B2 Model at Park Butterfield Apartments in the in the South Vernon Hills neighborhood starting from $1,777. The second greatest value Lincolnshire apartment is the Fairfield Model at Foxboro Apartments starting at $2,032 with a $2.31 price per square foot in the Dundee Road neighborhood. Here is today’s list of the best values for Lincolnshire apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Butterfield Apartments | 2 Bedroom Floor Plan B2 | 2BR,2BA | $1.63 |
| Foxboro Apartments | Fairfield | 2BR,1.25BA | $2.31 |
| Mallard Lake | Geneva | 1BR,1BA | $1.96 |
| Pebbleshire Apartments | One Bedroom- Laminate | 1BR,1BA | $2.13 |
| ReNew Lake Arlington | 1x1A | 1BR,1BA | $2.17 |
| Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.16 |
| Emerald Pointe Apartments | 1 Bedroom 1 Bath (714 sq ft) | 1BR,1BA | $2.26 |
| Lakeside Village Apartments | 1 BED / 1.0 BATH, 710 SQ FT MID LEVEL | 1BR,1BA | $2.09 |
| Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.36 |
| Mandalane | 1A | 1BR,1BA | $2.40 |
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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lincolnshire, IL Rentals by Map
See the most popular apartments and homes in Lincolnshire, IL
Frequently Asked Questions about Cheap Lincolnshire Apartments
What is the Cheapest Studio apartment in Lincolnshire?
Currently the most affordable Cheap Studio Apartment in Lincolnshire is at Uptown 500 listed at $1,922.
How much is rent for a Cheap One Bedroom Lincolnshire Apartment?
The lowest price for a Cheap One Bedroom Lincolnshire Apartment is $1,350 at Hunt Club Apartments.
What is the lowest price for a Cheap Two Bedroom Lincolnshire Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lincolnshire is starting from $1,600 at Hunt Club Apartments.
What is the most affordable Lincolnshire Three Bedroom Apartment?
The best deal on a cheap Lincolnshire Three Bedroom Apartment rental is at The Wheatlands Apartments and starts from $2,705.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
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Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.