Cheap Apartments for Rent in Lincolnshire, IL from $1,000 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lincolnshire.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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Wheeling Manor
1 to 2 Bedroom Apartments

Wheeling Manor

305 9th StWheeling, IL 60090
  • Utilities Included
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Mallard Lake
Studio to 2 Bedroom Apartments

Mallard Lake

1572 Teal LnWheeling, IL 60090
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
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Foxboro Apartments
1 to 2 Bedroom Apartments

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing
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Port Clinton Place
1 to 3 Bedroom Apartments

Port Clinton Place

1199 E Port Clinton RdVernon Hills, IL 60061
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Windbrooke Crossing
1 to 2 Bedroom Apartments

Windbrooke Crossing

1160 Windbrooke DrBuffalo Grove, IL 60089
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-40, Page 1 of 1

Lincolnshire, IL Local Guide

Cheapest Available Lincolnshire Apartments for Rent

 

The cheapest available apartment rental in Lincolnshire, IL is a Studio unit found at Lakeside Village Apartments in the Grosse Pointe Village neighborhood priced from $1,250. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,299. Here is today’s list of the most affordable Lincolnshire apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakeside Village Apartments0 BED / 1.0 BATH, 340 SQ FT - RENOVATEDStudio,1BA$1,250
Park Butterfield Apartments1 Bedroom Floor Plan A11BR,1BA$1,299
Hunt Club ApartmentsAsh (1 Bed U)1BR,1BA$1,350
Mandalane1C1BR,1BA$1,449
Foxboro ApartmentsAstor1BR,1BA$1,541
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,600
Arbor Lakes1 Bedroom Floor Plan A21BR,1BA$1,605
Emerald Pointe Apartments2 Bedroom 1 Bath (954 sq ft)2BR,1BA$1,625
The Green At Chevy Chase ApartmentsDoral1BR,1BA$1,700
Waterford Place ApartmentsPowerscourt 2nd & 3rd Fl (R)1BR,1BA$1,721

Best Value Apartments for Rent in Lincolnshire, IL

As of January 22, 2026 the best value apartment in the Lincolnshire area is the $2.28 price per square foot 2 Bed 2 Bath C Renovated Model at The Landing at Town Center in the in the South Vernon Hills neighborhood starting from $2,880. The second greatest value Lincolnshire apartment is the 3 Bedroom Model at Union Apartments starting at $2,200 with a $1.80 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Lincolnshire apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Landing at Town Center2 Bed 2 Bath C Renovated2BR,2BA$2.28
Union Apartments3 Bedroom3BR,2BA$1.80
Mallard LakeSuperior2BR,2BA$1.92
Brook RunRedwood2BR,2BA$2.38
Mandalane2D2BR,2BA$1.98
Foxboro ApartmentsDakota2BR,1.25BA$2.41
Hunt Club ApartmentsMaple (2Bed G-R)2BR,1BA$2.29
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.14
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.24
Emerald Pointe Apartments1 Bedroom 1 Bath (714 sq ft)1BR,1BA$2.28

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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Best 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

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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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A 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

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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 Cheap Lincolnshire Apartments

What is the Cheapest Studio apartment in Lincolnshire?

Currently the most affordable Cheap Studio Apartment in Lincolnshire is at Lakeside Village Apartments listed at $1,250.

How much is rent for a Cheap One Bedroom Lincolnshire Apartment?

The lowest price for a Cheap One Bedroom Lincolnshire Apartment is $1,299 at Park Butterfield 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 $1,556 at Park Butterfield Apartments.

What is the most affordable Lincolnshire Three Bedroom Apartment?

The best deal on a cheap Lincolnshire Three Bedroom Apartment rental is at Union Apartments and starts from $2,200.

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

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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.

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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

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.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

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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Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

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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.

Articles, How-To's, and Tips

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.