Cheap Apartments for Rent in Lincolnshire, IL from $1,000 (42 Rentals)

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

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Wheeling Manor
1 to 2 Bedroom Apartments

Wheeling Manor

305 9th StWheeling, IL 60090
  • Utilities Included

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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Foxboro Apartments
1 to 2 Bedroom Apartments

Foxboro Apartments

470 Foxboro DrWheeling, IL 60090
Corporate Housing
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Villas By The Lake
1 to 2 Bedroom Apartments

Villas By The Lake

300 Lakeside DrVernon Hills, IL 60061
  • Utilities Included
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Mallard Lake
Studio to 2 Bedroom Apartments

Mallard Lake

1572 Teal LnWheeling, IL 60090
Corporate Housing
  • Utilities Included
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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

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

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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. Hunt Club Apartments in the Milwaukee Avenue neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. 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
Hunt Club ApartmentsAsh (1 Bed U)1BR,1BA$1,350
Foxboro ApartmentsEaston1BR,1BA$1,418
Mandalane1A1BR,1BA$1,513
Park Butterfield Apartments2 Bedroom Floor Plan B12BR,1BA$1,548
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$1,625
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,667
Emerald Pointe Apartments2 Bedroom 1 Bath (984 sq ft)2BR,1BA$1,753
Springs at MundeleinStudio Grand CourtyardStudio,1BA$1,775
Albion Highland ParkS4 - WestStudio,1BA$1,796

Best Value Apartments for Rent in Lincolnshire, IL

As of November 14, 2025 the best value apartment in the Lincolnshire area is the $1.82 price per square foot Center Unit Model at Townhomes at Pointe Drive in the in the North Northfield neighborhood starting from $4,295. 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.
Townhomes at Pointe DriveCenter Unit3BR,2.5BA$1.82
Union Apartments3 Bedroom3BR,2BA$1.80
Park Butterfield Apartments2 Bedroom Floor Plan B22BR,2BA$1.56
Mallard LakeSuperior: Furnished2BR,2BA$2.06
Emerald Pointe Apartments2 Bedroom 1 Bath (984 sq ft)2BR,1BA$1.78
Arlington Club ApartmentsA31BR,1BA$2.41
Pebbleshire ApartmentsOne Bedroom- Laminate1BR,1BA$2.07
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.23
Hunt Club ApartmentsAsh (1 Bed G)1BR,1BA$1.93
Mandalane1A1BR,1BA$2.21

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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

Explore Lincolnshire, IL Rentals by Map

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Getting Around Lincolnshire, IL

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,350 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 $1,548 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

Helpful Apartment Articles, How-To's and Tips

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.