Cheap Homes for Rent in Lincolnwood, IL from $1,000 (86 Rentals)

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Search the lowest-cost Homes 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.

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property at 4929 N Whipple St

$1,395 - $1,595

Studio To 1 Bedroom Rentals

Available Now

4929 N Whipple St

ChicagoIL60625

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.

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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.

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property at 5556 N Central Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

1 Bedroom, 1 Bath Condo for Rent

Available Now

5556 N Central Ave, Unit 1

5556 N Central Ave
ChicagoIL60630

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.

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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 2545 W Fitch in the West Ridge neighborhood priced from $1,512. 2415-2417 W Birchwood Ave in the West Rogers Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Lincolnwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
2545 W Fitch1x1M1BR,1BA$1,512
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 Bedroom Renovated1BR,1BA$1,650

Best Value Apartments for Rent in Lincolnwood, IL and Nearby

As of July 08, 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
2050 W Farwell Ave, Unit G2050 W Farwell Ave1BR,1BA$1.13
3652 W Lawrence Ave, Unit 23652 W Lawrence Ave3BR,1.5BA$1.50
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
6328 N Claremont Ave, Unit 36328 N Claremont Ave3BR,1.5BA$1.50
5744 N Milwaukee Ave, Unit 2B5744 N Milwaukee Ave2BR,1BA$1.57
6423 N Claremont Ave, Unit # 16423 N Claremont Ave1BR,1BA$1.15
7502 N Hoyne Ave, Unit 17502 N Hoyne Ave2BR,1BA$1.54

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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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.

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

Explore Lincolnwood, IL Rentals by Map

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See the most popular apartments and homes in Lincolnwood, IL

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Frequently Asked Questions about Lincolnwood

What type of rentals are currently available in Lincolnwood?

There are currently 1331 Apartments for Rent in Lincolnwood, IL with pricing that ranges from $1,300 to $18,274. There are also 224 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolnwood ranging from $1,000 to $5,500.

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 $1,000 to $5,500 with an average monthly rent of $2,779.

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 $1,950 to $18,274, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,340. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $8,037.

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

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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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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.

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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.

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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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.

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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.