Cheap Apartments for Rent in the Lincoln Station Neighborhood of Park Forest, IL from $700 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Station area of Park Forest.

Carriage Creek Apartments
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.
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.
Lincoln Station, Park Forest, IL Local Guide

How much does it cost to rent an apartment in Lincoln Station?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln Station 1 Bedroom Apartments | $1,397 | $1,150 | $1,613 |
Lincoln Station 2 Bedroom Apartments | $1,658 | $1,025 | $1,990 |
Lincoln Station 3 Bedroom Apartments | $2,077 | $1,640 | $2,305 |
Lincoln Station 4 Bedroom Apartments | $6,623 | $6,539 | $6,708 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lincoln Station Neighborhood of Park Forest, IL.
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Lincoln Station, Park Forest, IL Local Guide
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Cheapest Available Lincoln Station Apartments for Rent
 The cheapest available apartment rental in the Lincoln Station area of Chicago, IL is a 1 Bed unit found at Olympic Village Apartments priced from $1,201. Richton Trail has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,375. Here are the most affordable Lincoln Station apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1,375 |
Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1,595 |
Best Value Apartments for Rent in Lincoln Station, IL
As of September 25, 2025 the best value apartment in the Lincoln Station area is the $1.43 price per square foot 3 Bedroom 1 Bath Townhouse Model at Oakwood Townhomes in the in the Lincoln Station neighborhood starting from $1,925. The second greatest value Lincoln Station apartment is the Two Bedroom 2 Bath-910 sqft Model at Park Towers Apartment Homes starting at $1,595 with a $1.75 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for Lincoln Station apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Oakwood Townhomes | 3 Bedroom 1 Bath Townhouse | 3BR,1BA | $1.43 |
Park Towers Apartment Homes | Two Bedroom 2 Bath-910 sqft | 2BR,2BA | $1.75 |
Richton Trail | 2 Beds, 1 bath | 2BR,1BA | $1.71 |
Arbors at Hickory Creek | Aspen | 1BR,1BA | $2.03 |
Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.74 |
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Pet Friendly LifestyleLincoln Station, Park Forest, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Lincoln Station, Park Forest, IL
Rich East Campus High School
Michelle Obama School of Technology
School data provided by Great Schools
Frequently Asked Questions about Cheap Lincoln Station Apartments
What is the price of a cheap apartment in Lincoln Station?
The cheapest apartment in Lincoln Station is Olympic Village Apartments which is listed at $1,201, while the average apartment in Lincoln Station costs $6,623.
What types of apartments are the cheapest in Lincoln Station?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Lincoln Station that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lincoln Station?
Cheap apartments in Lincoln Station have an average cost of $699 which is $5,924 cheaper than the average rent for all rentals in Lincoln Station.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.