Cheap Apartments for Rent in the Lincoln Square Neighborhood of Chicago, IL from $900 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lincoln Square area of Chicago.

520 W. Stratford Place

Peterson Plaza

Berteau Manor

5135 N Wolcott Ave, Unit 2
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
Lincoln Square, Chicago, IL Local Guide

How much does it cost to rent an apartment in Lincoln Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln Square Studio Apartments | $1,212 | $1,100 | $1,395 |
Lincoln Square 1 Bedroom Apartments | $1,653 | $1,200 | $2,050 |
Lincoln Square 2 Bedroom Apartments | $2,052 | $1,400 | $2,995 |
Lincoln Square 3 Bedroom Apartments | $2,175 | $1,800 | $2,400 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Lincoln Square Neighborhood of Chicago, IL.
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Cheapest Available Lincoln Square Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Winthrop Manor | 0BR/1.0BA | Studio,1BA | $1,160 |
Best Value Apartments for Rent in Lincoln Square, IL
As of March 23, 2025 the best value apartment in the Lincoln Square area is the $1.47 price per square foot 3223 W Olive Ave Model at 3223 W Olive Ave, Unit #1 in the in the North Park neighborhood starting from $2,200. The second greatest value Lincoln Square apartment is the 5120 N Winchester Ave Model at 5120 N Winchester Ave, Unit 3 starting at $2,600 with a $2.00 price per square foot in the Lincoln Square neighborhood. Here is today’s list of the best values for Lincoln Square apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
3223 W Olive Ave, Unit #1 | 3223 W Olive Ave | 3BR,1BA | $1.47 |
5120 N Winchester Ave, Unit 3 | 5120 N Winchester Ave | 2BR,2BA | $2.00 |
5120 N Winchester Ave, Unit 3 | 5120 N Winchester Ave | 2BR,2BA | $2.00 |
5517 N Lincoln Ave, Unit 5509 -3S | 5517 N Lincoln Ave | 3BR,1BA | $1.80 |
2619 W Rascher Ave, Unit M00B | 2619 W Rascher Ave | 3BR,1BA | $2.00 |
5610 N Western Ave, Unit 202 | 5610 N Western Ave | 2BR,1BA | $1.80 |
5108 N Winchester Ave, Unit 3 | 5108 N Winchester Ave | 2BR,1BA | $2.30 |
5600 N Western Ave | 5600 N Western Ave | 2BR,1BA | $2.00 |
5160 N Leavitt St, Unit 1 | 5160 N Leavitt St | 1BR,1BA | $2.28 |
5160 N Leavitt St, Unit 1 | 5160 N Leavitt St | 1BR,1BA | $2.28 |
Getting Around the Lincoln Square Neighborhood in Chicago, IL
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
77 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lincoln Square Apartments
What is the Cheapest Studio apartment in Lincoln Square?
Currently the most affordable Cheap Studio Apartment in Lincoln Square is at Winthrop Manor listed at $1,160.
How much is rent for a Cheap One Bedroom Lincoln Square Apartment?
The lowest price for a Cheap One Bedroom Lincoln Square Apartment is $1,200 at .
What is the lowest price for a Cheap Two Bedroom Lincoln Square Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lincoln Square is starting from $1,400 at .
What is the most affordable Lincoln Square Three Bedroom Apartment?
The best deal on a cheap Lincoln Square Three Bedroom Apartment rental is at and starts from $1,800.
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
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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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.