Cheap Apartments for Rent in the Lincoln Station Neighborhood of Park Forest, IL from $700 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lincoln Station area of Park Forest.

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Autumn Ridge
Studio to 3 Bedroom Apartments

Autumn Ridge

119 E Sycamore DrPark Forest, IL 60466
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Central Park
1 to 3 Bedroom Apartments

Central Park

11 Fir StPark Forest, IL 60466
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Park Towers Apartment Homes
$1,395 - $3,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $3,229
Required Monthly Fees
$24

Total Monthly Price
$1,395 - $3,253
1 to 2 Bedroom Apartments Available Now

Park Towers Apartment Homes

3905 Tower DrRichton Park, IL 60471
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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21133 Kildare Ave
1 to 2 Bedroom Apartments

21133 Kildare Ave

21133 Kildare AveMatteson, IL 60443
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474 W 14th Pl
Studio Apartments

474 W 14th Pl

474 W 14th PlChicago Heights, IL 60411
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502 W Lincoln Hwy
Studio Apartments

502 W Lincoln Hwy

502 W Lincoln HwyChicago Heights, IL 60411
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4316 Lindenwood Dr
1 to 2 Bedroom Apartments

4316 Lindenwood Dr

4316 Lindenwood DrMatteson, IL 60443

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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484 Hickory St
3 Bedroom Apartments

484 Hickory St

484 Hickory StChicago Heights, IL 60411
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402 Hickory St
2 Bedroom Apartments

402 Hickory St

402 Hickory StChicago Heights, IL 60411
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4117 Lindenwood Dr
1 to 2 Bedroom Apartments

4117 Lindenwood Dr

4117 Lindenwood DrMatteson, IL 60443
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378 West 116th
Studio to 2 Bedroom Apartments

378 West 116th

378 W 16th StChicago Heights, IL 60411

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Lindenwood Courts
1 to 2 Bedroom Apartments

Lindenwood Courts

4206 Lindenwood DrMatteson, IL 60443
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1430 Donovan Dr
1 to 2 Bedroom Apartments

1430 Donovan Dr

1430 Donovan DrChicago Heights, IL 60411
  • Utilities Included
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450-480 W 16th St
Studio to 3 Bedroom Apartments

450-480 W 16th St

450-480 W 16th StChicago Heights, IL 60411
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Richton Square Apartments
1 to 2 Bedroom Apartments

Richton Square Apartments

22300 Richton Square RdRichton Park, IL 60471
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Cedar Ridge Apartments
1 to 3 Bedroom Apartments

Cedar Ridge Apartments

950 Cedar Ridge LnRichton Park, IL 60471
Senior Living
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Lincoln Station, Park Forest, IL Local Guide

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. Carriage Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here are the most affordable Lincoln Station apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Olympic Village ApartmentsThe Pine1BR,1BA$1,201
Carriage Creek Apartments1 Bed 1 Bath Mid-Rise B (Heat Included)1BR,1BA$1,230
Central Park1 Bedroom 1 Bath1BR,1BA$1,314
Oakwood Townhomes1 Bedroom 1 Bath Townhouse1BR,1BA$1,365
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1,395
Park Towers Apartment HomesOne Bedroom1BR,1BA$1,395
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,529
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$1,995

Best Value Apartments for Rent in Lincoln Station, IL

As of February 23, 2026 the best value apartment in the Lincoln Station area is the $1.87 price per square foot 3 Bed 2 Bath Model at Cedar Ridge Apartments in the in the Lincoln Station neighborhood starting from $1,959. The second greatest value Lincoln Station apartment is the 1 Bed 1 Bath B Renovated Model at Westbridge Apartments starting at $1,395 with a $1.74 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cedar Ridge Apartments3 Bed 2 Bath3BR,2BA$1.87
Westbridge Apartments1 Bed 1 Bath B Renovated1BR,1BA$1.74
Park Towers Apartment HomesOne Bedroom1BR,1BA$1.81
Olympic Village ApartmentsThe Spruce1BR,1BA$1.89
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.75
Central Park1 Bedroom 1 Bath1BR,1BA$1.81
Oakwood Townhomes1 Bedroom 1 Bath Townhomes Updated1BR,1BA$2.02
Carriage Creek Apartments1 Bed 1 Bath Mid-Rise B (Heat Included)1BR,1BA$1.79

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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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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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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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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Pet Friendly Lifestyle
Lincoln Station, Park Forest, IL

Ranked #2

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Lincoln Station Apartments

How much is rent for a Cheap One Bedroom Lincoln Station Apartment?

The lowest price for a Cheap One Bedroom Lincoln Station Apartment is $1,201 at Olympic Village Apartments.

What is the lowest price for a Cheap Two Bedroom Lincoln Station Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lincoln Station is starting from $1,505 at Park Towers Apartment Homes.

What is the most affordable Lincoln Station Three Bedroom Apartment?

The best deal on a cheap Lincoln Station Three Bedroom Apartment rental is at Olympic Village Apartments and starts from $1,640.

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

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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

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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

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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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Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.