Cheap Homes for Rent in Lincolnshire, IL from $1,700 (8 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Lincolnshire, IL Local Guide

Cheapest Available Lincolnshire Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincolnshire, IL is a Studio unit found at Park Butterfield Apartments in the South Vernon Hills neighborhood priced from $1,333. Mandalane in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,477. Here is today’s list of the most affordable Lincolnshire apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Butterfield ApartmentsStudio Floor Plan S1Studio,1BA$1,333
Mandalane1A1BR,1BA$1,477
Foxboro ApartmentsAstor1BR,1BA$1,500

Best Value Apartments for Rent in Lincolnshire, IL and Nearby

As of August 24, 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 2 Bed 2 Bath Model at HIGHPOINT Highwood Station 546 starting at $2,475 with a $2.30 price per square foot in the Fort Sheridan 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.
Union Apartments3 Bedroom3BR,2BA$1.80
HIGHPOINT Highwood Station 5462 Bed 2 Bath2BR,2BA$2.30
The WheatlandsLorraine Deluxe2BR,2BA$2.40
Mallard LakeSuperior2BR,2BA$1.92
Lakeside Village Apartments2 BED / 1.5 BATH, 920 SQ FT - RENOVATED2BR,1.5BA$1.95
Hunt Club ApartmentsOak (1Bed U-R)1BR,1BA$2.06
Pebbleshire ApartmentsOne Bedroom- Remodeled1BR,1BA$2.20
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.21
Mandalane1D1BR,1BA$2.24
Waterford Place ApartmentsKildare (Reno)1BR,1BA$2.26

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

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Frequently Asked Questions about Lincolnshire

What type of rentals are currently available in Lincolnshire?

There are currently 62 Apartments for Rent in Lincolnshire, IL with pricing that ranges from $1,200 to $16,448. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolnshire ranging from $1,795 to $14,500.

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 $1,795 to $14,500 with an average monthly rent of $6,058.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.