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

Total Monthly Price
Park Towers Apartment Homes

Arbors at Hickory Creek

Matteson Blu
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.

Carriage Creek Apartments

Cedar Ridge Apartments

Richton Trail

21133 Kildare Ave

474 W 14th Pl

4328 W Lindenwood Dr

502 W Lincoln Hwy

4316 Lindenwood Dr
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.

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
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.

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
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

How much does it cost to rent an apartment in Lincoln Station?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lincoln Station 1 Bedroom Apartments | $1,406 | $1,201 | $1,755 |
| Lincoln Station 2 Bedroom Apartments | $1,672 | $1,475 | $1,995 |
| Lincoln Station 3 Bedroom Apartments | $2,177 | $1,640 | $2,540 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olympic Village Apartments | The Pine | 1BR,1BA | $1,201 |
| Carriage Creek Apartments | 1 Bed 1 Bath Mid-Rise B (Heat Included) | 1BR,1BA | $1,230 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1,314 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1,365 |
| Westbridge Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1,395 |
| Park Towers Apartment Homes | One Bedroom | 1BR,1BA | $1,395 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,529 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cedar Ridge Apartments | 3 Bed 2 Bath | 3BR,2BA | $1.87 |
| Westbridge Apartments | 1 Bed 1 Bath B Renovated | 1BR,1BA | $1.74 |
| Park Towers Apartment Homes | One Bedroom | 1BR,1BA | $1.81 |
| Olympic Village Apartments | The Spruce | 1BR,1BA | $1.89 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.75 |
| Central Park | 1 Bedroom 1 Bath | 1BR,1BA | $1.81 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhomes Updated | 1BR,1BA | $2.02 |
| Carriage Creek Apartments | 1 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.
Read ArticleThe 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.
Read ArticleCash 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.
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
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

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.

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.

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.

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

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.

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.

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.

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.