Cheap Homes for Rent near Lincolnwood, IL from $1,100 (91 Rentals)

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

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

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property at 2623 W Devon Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

2623 W Devon Ave, Unit 301

2623 W Devon Ave
ChicagoIL60659

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

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Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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property at 4926 N Kedzie Ave

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

4926 N Kedzie Ave

ChicagoIL60625
property at 2343 W Glenlake Ave

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675
Total Monthly Price
$1,675

2 Bedroom, 1 Bath Condo for Rent

Available Now

2343 W Glenlake Ave, Unit 3

2343 W Glenlake Ave
ChicagoIL60659

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-50, Page 1 of 2

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 5054-5058 N Ridgeway Ave in the North Park neighborhood priced from $1,400. 2545 W Fitch in the West Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,430. Here is today’s list of the most affordable Lincolnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
5054-5058 N Ridgeway Ave1 Bedroom1BR,1BA$1,400
2545 W Fitch1x1S1BR,1BA$1,430
The Park Terrace0BR/1.0BAStudio,1BA$1,495
Garden House Apartments1 Bed F, G, H, and I1BR,1BA$1,550
Lotus Gardens Apartments1 Bedroom Renovated1BR,1BA$1,650
3133-3139 W Lawrence Ave2 Beds, 1 Baths2BR,1BA$1,695

Best Value Apartments for Rent in Lincolnwood, IL and Nearby

As of August 22, 2026 the best value apartment in the Lincolnwood area is the $1.14 price per square foot 5025 Carol St Model at 5025 Carol St, Unit Top floor in the in the Skokie neighborhood starting from $2,500. 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.
5025 Carol St, Unit Top floor5025 Carol St3BR,2BA$1.14
6441 N Francisco Ave, Unit 26441 N Francisco Ave3BR,2BA$1.08
2141 W Arthur Ave, Unit 32141 W Arthur Ave3BR,1.5BA$1.33
1506 Madison St1506 Madison St3BR,2BA$1.60
5805 N Richmond St5805 N Richmond St3BR,1BA$1.59
5620 N Marmora Ave, Unit 15620 N Marmora Ave2BR,1BA$1.43
4604 Grove St, Unit N14604 Grove St2BR,1BA$1.15
4830 N Saint Louis Ave, Unit #24830 N Saint Louis Ave2BR,1BA$1.67
7401 N Damen Ave7401 N Damen Ave2BR,1BA$1.70
5624 N Marmora Ave, Unit Garden5624 N Marmora Ave1BR,1BA$1.68

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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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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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.

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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.

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

Explore Lincolnwood, IL Rentals by Map

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Frequently Asked Questions about Lincolnwood

What type of rentals are currently available in Lincolnwood?

There are currently 1336 Apartments for Rent in Lincolnwood, IL with pricing that ranges from $1,100 to $10,256. There are also 228 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolnwood ranging from $1,100 to $8,900.

What is the current price range for Rental Homes in Lincolnwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincolnwood ranges from $1,100 to $8,900 with an average monthly rent of $2,384.

How much are larger Three and Four Bedroom Rentals in Lincolnwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincolnwood range from $1,925 to $10,256, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $3,300.

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 The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

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Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.