
Cheap Homes for Rent in Lincolnshire, IL from $2,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Lincolnshire.


649 Trace Dr

870 Trace Dr

674 Cleo Ct

1206 Spur Ct
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.

1244 Nova Ct

1272 Ranchview Ct

1121 Waukegan Rd

1326 Barclay Ln

1227 Ranchview Ct
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.

735 Plum Tree Ct
Lincolnshire, IL Local Guide

How much does it cost to rent a home in Lincolnshire?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincolnshire 2 Bedroom Homes for Rent | $2,596 | $2,000 | $4,100 |
Lincolnshire 3 Bedroom Homes for Rent | $3,102 | $2,290 | $3,863 |
Lincolnshire 4 Bedroom Homes for Rent | $3,735 | $2,685 | $5,000 |
Lincolnshire 5 Bedroom Homes for Rent | $5,925 | $3,950 | $7,900 |
Browse Top Homes for Rent in Lincolnshire
Explore Lincolnshire
Lincolnshire, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lincolnshire Apartments for Rent and Nearby
 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 $1,195. Park Butterfield Apartments in the South Vernon Hills neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,363. Here is today’s list of the most affordable Lincolnshire apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lakeside Village Apartments | 0 BED / 1.0 BATH, 343 SQ FT - MID LEVEL | Studio,1BA | $1,195 |
Park Butterfield Apartments | Studio Floor Plan S1 | Studio,1BA | $1,363 |
Foxboro Apartments | Capri | 1BR,1BA | $1,404 |
Mandalane | 1A | 1BR,1BA | $1,554 |
Brook Run | Cypress | 1BR,1BA | $1,625 |
Best Value Apartments for Rent in Lincolnshire, IL and Nearby
As of October 16, 2025 the best value apartment in the Lincolnshire area is the $1.80 price per square foot 3 Bedroom Model at Union Apartments in the in the McHenry Road neighborhood starting from $2,200. The second greatest value Lincolnshire apartment is the Lorraine Deluxe Model at The Wheatlands starting at $2,500 with a $2.38 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
The Wheatlands | Lorraine Deluxe | 2BR,2BA | $2.38 |
Mallard Lake | Superior | 2BR,2BA | $1.92 |
Hunt Club Apartments | Oak (1Bed U-R) | 1BR,1BA | $2.06 |
Pebbleshire Apartments | One Bedroom- Remodeled | 1BR,1BA | $2.20 |
Arbor Lakes | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.23 |
One Wheeling Town Center | 1B1BA-1P | 1BR,1BA | $2.39 |
Waterford Place Apartments | Kildare (Reno) | 1BR,1BA | $2.47 |
Mandalane | 1A | 1BR,1BA | $2.27 |
Brook Run | Cypress | 1BR,1BA | $2.44 |
Quick 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 Lincolnshire, IL Rentals by Map
See the most popular apartments and homes in Lincolnshire, IL
Frequently Asked Questions about Lincolnshire
What type of rentals are currently available in Lincolnshire?
There are currently 64 Apartments for Rent in Lincolnshire, IL with pricing that ranges from $1,195 to $16,077. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolnshire ranging from $2,000 to $7,900.
What is the current price range for Rental Homes in Lincolnshire?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincolnshire ranges from $2,000 to $7,900 with an average monthly rent of $3,671.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.