Cheap Apartments for Rent in Lincolnwood, IL from $600 (197 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
property at 7351 N Damen Ave

$1,350 - $1,500

1 To 2 Bedroom Rentals

Available Now

7351 N Damen Ave

ChicagoIL60645

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.

Read Article

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.

Read Article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
5608 N Marmora Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
1 Bedroom Apartment Available Now

5608 N Marmora Ave, Unit 1

5608 N Marmora AveChicago, IL 60646
Furnished
  • Smoke Free
close
View Me
5329 N Central Ave, Unit 1
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500
1 Bedroom Apartment Available Aug 1

5329 N Central Ave, Unit 1

5329 N Central AveChicago, IL 60630
Affordability
  • Smoke Free
close
View Me
5234 N Rockwell St, Unit 2
$1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525
1 Bedroom Apartment Available Aug 1

5234 N Rockwell St, Unit 2

5234 N Rockwell StChicago, IL 60625
Affordability

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 4

Lincolnwood, IL Local Guide

Cheapest Available Lincolnwood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincolnwood, IL is a 1 Bed unit found at 7333 Ridge in the Rogers Park neighborhood priced from $1,395. 5054 N Ridgeway Ave in the North Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here is today’s list of the most affordable Lincolnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
7333 RidgeOne Bedroom - Large1BR,1BA$1,395
5054 N Ridgeway Ave1 br1BR,1BA$1,400
2545 W Fitch1x1S1BR,1BA$1,430
2415-2417 W Birchwood Ave1 BED, 1 BATH1BR,1BA$1,550
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,630
Lotus Gardens Apartments1 Bedroom1BR,1BA$1,650

Best Value Apartments for Rent in Lincolnwood, IL and Nearby

As of June 16, 2026 the best value apartment in the Lincolnwood area is the $1.23 price per square foot 5822 N Spaulding Ave Model at 5822 N Spaulding Ave, Unit Apartments for rent in the in the North Park neighborhood starting from $2,450. The second greatest value Lincolnwood apartment is the 6441 N Francisco Ave Model at 6441 N Francisco Ave, Unit 2 starting at $2,100 with a $1.08 price per square foot in the West Ridge neighborhood. Here is today’s list of the best values for Lincolnwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5822 N Spaulding Ave, Unit Apartments for rent5822 N Spaulding Ave3BR,1BA$1.23
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
6323 N Francisco Ave, Unit 6323 N Francisco #16323 N Francisco Ave3BR,2BA$1.33
5024 N Ridgeway Ave, Unit 15024 N Ridgeway Ave3BR,1.5BA$1.28
739 Brummel St, Unit 3739 Brummel St3BR,2BA$1.53
7408 N Hoyne Ave, Unit 37408 N Hoyne Ave3BR,2BA$1.59
2050 W Farwell Ave, Unit G2050 W Farwell Ave1BR,1BA$1.13
6542 N Mozart St, Unit Apt.#26542 N Mozart St3BR,2BA$1.43
5620 N Marmora Ave, Unit 15620 N Marmora Ave2BR,1BA$1.43
7502 N Hoyne Ave7502 N Hoyne Ave1BR,1BA$1.50

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.

Read Article
Decorative image

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

Read Article
Decorative image

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

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Lincolnwood, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Lincolnwood, IL

View Map
Lincolnwood, IL Apartments Map
View Map
Lincolnwood, IL Rental Homes Map

Frequently Asked Questions about Cheap Lincolnwood Apartments

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

The lowest price for a Cheap One Bedroom Lincolnwood Apartment is $1,395 at 7333 Ridge.

What is the lowest price for a Cheap Two Bedroom Lincolnwood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincolnwood is starting from $1,725 at Rogers Park Apartments.

What is the most affordable Lincolnwood Three Bedroom Apartment?

The best deal on a cheap Lincolnwood Three Bedroom Apartment rental is at 5459 N Spaulding and starts from $1,995.

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

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.

decorative image for Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago article

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.

decorative image for Best Neighborhoods to Rent in Near Chicago's Top Employers article

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.

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

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

Written by: Nicole Harms

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.