Cheap Homes for Rent in Lynwood, IL from $1,200 (21 Rentals)

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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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property at 18335 Sherman St

18335 Sherman St

LansingIL60438

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

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Showing Results 1-21, Page 1 of 1

Lynwood, IL Local Guide

Cheapest Available Lynwood Apartments for Rent

 

The cheapest available apartment rental in Lynwood, IL is a 1 Bed unit found at Chelsea Garden in the West Lakes neighborhood priced from $1,200. 21746 Jeffrey Avenue in the West Lakes neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,300. Here is today’s list of the most affordable Lynwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Chelsea Garden1 Bed, 1 bath1BR,1BA$1,200
21746 Jeffrey Avenue2 Bedroom 1 Bath Apartment2BR,1BA$1,300
21837 Jeffrey2 Bedroom 1 Bath Apartment2BR,1BA$1,415

Best Value Apartments for Rent in Lynwood, IL

As of December 06, 2025 the best value apartment in the Lynwood area is the $1.12 price per square foot 18329 West St Model at 18329 West St, Unit 2 in the in the Bernice neighborhood starting from $1,900. The second greatest value Lynwood apartment is the 2 Bedroom 1 Bath Apartment Model at 21746 Jeffrey Avenue starting at $1,300 with a $1.49 price per square foot in the West Lakes neighborhood. Here is today’s list of the best values for Lynwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
18329 West St, Unit 218329 West St3BR,1.5BA$1.12
21746 Jeffrey Avenue2 Bedroom 1 Bath Apartment2BR,1BA$1.49
21837 Jeffrey2 Bedroom 1 Bath Apartment2BR,1BA$1.66
Chelsea Garden1 Bed, 1 bath1BR,1BA$1.85

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Lynwood, IL Rentals by Map

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See the most popular apartments and homes in Lynwood, IL

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Frequently Asked Questions about Lynwood

What type of rentals are currently available in Lynwood?

There are currently 70 Apartments for Rent in Lynwood, IL with pricing that ranges from $1,200 to $2,100. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lynwood ranging from $1,200 to $3,300.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lynwood ranges from $1,200 to $3,300 with an average monthly rent of $1,876.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!