Cheap Homes for Rent in Lincolnshire, IL from $1,900 (13 Rentals)

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

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property at 1315 Alpine Ct

1315 Alpine Ct

WheelingIL60090

Navigating the Rental Market: Tips for First-Time Renters

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property at 1402 Inverrary Ln

1402 Inverrary Ln

DeerfieldIL60015

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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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 $1,471. Union Apartments in the McHenry Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,522. 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$1,471
Union Apartments2 Bedroom2BR,1BA$1,522
Foxboro ApartmentsAstor1BR,1BA$1,633
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$1,676
Mandalane1A1BR,1BA$1,702

Best Value Apartments for Rent in Lincolnshire, IL and Nearby

As of May 20, 2025 the best value apartment in the Lincolnshire area is the $2.46 price per square foot M Model at The Residences at Amberley Woods in the in the Downtown Lake Forest neighborhood starting from $5,200. The second greatest value Lincolnshire apartment is the End Unit Model at Townhomes at Pointe Drive starting at $3,995 with a $2.45 price per square foot in the Milwaukee Avenue 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 Residences at Amberley WoodsM2BR,2.5BA$2.46
Townhomes at Pointe DriveEnd Unit3BR,2.5BA$2.45
The WheatlandsLorraine Plus2BR,2BA$2.30
Mallard LakeSuperior: Enhanced2BR,2BA$2.37
Pebbleshire ApartmentsTwo Bedroom- Remodeled2BR,1BA$1.78
The Green at Chevy ChasePebble Beach2BR,2BA$2.43
Union Apartments2 Bedroom2BR,1BA$1.69
Arlington Club ApartmentsB2BR,1BA$2.43
Arbor Lakes1 Bedroom Floor Plan A11BR,1BA$2.24
Foxboro ApartmentsEaston1BR,1BA$2.38

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Lincolnshire

What type of rentals are currently available in Lincolnshire?

There are currently 60 Apartments for Rent in Lincolnshire, IL with pricing that ranges from $1,195 to $16,077. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolnshire ranging from $1,995 to $7,800.

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 $1,995 to $7,800 with an average monthly rent of $3,161.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.