
Cheap Apartments for Rent in the Lincoln Station Neighborhood of Park Forest, IL from $750 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Station area of Park Forest.


Oakwood Townhomes

Autumn Ridge

Central Park

Olympic Village Apartments

Park Towers Apartments

Arbors at Hickory Creek

Matteson Blu
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Carriage Creek Apartments

Richton Trail

Cedar Ridge Apartments

21133 Kildare Ave

474 W 14th Pl

4328 W Lindenwood Dr

502 W Lincoln Hwy

4316 Lindenwood Dr
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.

484 Hickory St

4031-4041 Charleston Rd

402 Hickory St

4221-4229 Lindenwood

4205-4211 Lindenwood Dr

4117 Lindenwood Dr

4139-4143 Lindenwood Dr

378 West 116th
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.

4222 Lindenwood Dr

4301-4309 Lindenwood Dr

Lindenwood Courts

1430 Donovan Dr

450-480 W 16th St

Richton Square Apartments

Cedar Ridge Apartments

4140-4144 Lindenwood Dr
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.
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 Studio Apartments | $1,135 | $1,135 | $1,135 |
| Lincoln Station 1 Bedroom Apartments | $1,355 | $1,200 | $1,680 |
| Lincoln Station 2 Bedroom Apartments | $1,580 | $1,320 | $1,930 |
| Lincoln Station 3 Bedroom Apartments | $2,062 | $1,600 | $2,430 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Lincoln Station Neighborhood of Park Forest, IL.
See all Apartments in Park ForestExplore Park Forest
Lincoln Station, Park Forest, IL Local Guide
- Nearby Park Forest neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Lincoln Station Apartments for Rent
 The cheapest available apartment rental in the Lincoln Station area of Chicago, IL is a Studio unit found at Carriage Creek Apartments priced from $1,135. Oakwood Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here are the most affordable Lincoln Station apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Creek Apartments | Studio Mid-Rise | Studio,1BA | $1,135 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1,365 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,395 |
| Lindenwood Courts | 2 Bed 1 Bath Apartment | 2BR,1BA | $1,425 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1,440 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,479 |
| Matteson Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,680 |
| Arbors at Hickory Creek | Willow | 3BR,2BA | $1,799 |
Best Value Apartments for Rent in Lincoln Station, IL
As of August 25, 2026 the best value apartment in the Lincoln Station area is the $1.45 price per square foot Willow Model at Arbors at Hickory Creek in the in the Lincoln Station neighborhood starting from $1,799. The second greatest value Lincoln Station apartment is the The Maple Model at Olympic Village Apartments starting at $1,440 with a $1.60 price per square foot in the Indian Hill 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. |
|---|---|---|---|
| Arbors at Hickory Creek | Willow | 3BR,2BA | $1.45 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.66 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1.81 |
| Lindenwood Courts | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.96 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhome Renovated | 1BR,1BA | $2.09 |
| Matteson Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.80 |
| Carriage Creek Apartments | Studio Mid-Rise | Studio ,1BA | $2.15 |
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 ArticleReal 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 ArticleQuick 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.
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 Carriage Creek Apartments which is listed at $1,205, while the average apartment in Lincoln Station costs $1,575.
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 15 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 $659 which is $916 cheaper than the average rent for all rentals in Lincoln Station.
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

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.

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.

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.

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

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.

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.

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.

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.