Cheap Homes for Rent in Lincoln Park Neighborhood of Chicago, IL from $1,200 (58 Rentals)

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Cheap Homes in the Lincoln Park area of Chicago.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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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

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Lincoln Park, Chicago, IL Local Guide

Cheapest Available Lincoln Park Apartments for Rent

 

The cheapest available apartment rental in the Lincoln Park area of Chicago, IL is a Studio unit found at 424 W. Diversey priced from $1,065. Park View Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,195. Here are the most affordable Lincoln Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
424 W. DiverseyStudioStudio,1BA$1,065
Park View ApartmentsStudio #217-717Studio,1BA$1,195
Beachwalk ApartmentsStudio Floor Plan S1Studio,1BA$1,214
629 W. DemingStudioStudio,1BA$1,245
1940 N. LincolnStudioStudio,1BA$1,346

Best Value Apartments for Rent in Lincoln Park, IL

As of May 04, 2025 the best value apartment in the Lincoln Park area is the $2.40 price per square foot 407 W North Ave Model at 407 W North Ave, Unit 5E in the in the Lincoln Park neighborhood starting from $4,500. The second greatest value Lincoln Park apartment is the 631 W Arlington Plz Model at 631 W Arlington Plz, Unit GDN starting at $2,795 with a $1.75 price per square foot in the Lincoln Park neighborhood. Here is today’s list of the best values for Lincoln Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
407 W North Ave, Unit 5E407 W North Ave3BR,2BA$2.40
631 W Arlington Plz, Unit GDN631 W Arlington Plz2BR,2BA$1.75
The 808 ClevelandPrivate Bedroom in Shared 4 Bed 3 Bath4BR,3BA$1.10
823 W Webster Ave, Unit 3rd floor823 W Webster Ave3BR,1BA$1.82
631 W Arlington Pl, Unit GDN631 W Arlington Pl2BR,2BA$2.54
2024 N Orleans St, Unit M04B2024 N Orleans St1BR,1BA$2.50
2831 N Burling St, Unit M03B2831 N Burling St1BR,1BA$2.28
515 W Arlington Pl, Unit M07B515 W Arlington PlStudio ,1BA$2.04
1555 N Mohawk St1-Bedroom1BR,1BA$2.15
2020 N Orleans St, Unit M02B2020 N Orleans StStudio ,1BA$2.08

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Frequently Asked Questions about Lincoln Park

What type of rentals are currently available in Lincoln Park?

There are currently 567 Apartments for Rent in Lincoln Park, IL with pricing that ranges from $1,065 to $17,410. There are also 208 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Park ranging from $1,250 to $17,000.

What is the current price range for Rental Homes in Lincoln Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Park ranges from $1,250 to $17,000 with an average monthly rent of $4,565.

How much are larger Three and Four Bedroom Rentals in Lincoln Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lincoln Park range from $1,285 to $16,705, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $5,800. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $1,155.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.