
Cheap Homes for Rent in Lincoln Square Neighborhood of Chicago, IL from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Lincoln Square area of Chicago.


2412 W Ardmore Ave, Unit 4C

1825 W Foster Ave
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.

5245 N Winchester Ave

3217 W Balmoral Ave

5137 N Wolcott Ave
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.

5131 N Wolcott Ave

5639 N Artesian Ave

3201 W Balmoral Ave, Unit 102
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.

5639 N Artesian Ave

1959 W Foster Ave

2004 W Foster Ave, Unit # 01
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

2010 W Foster Ave, Unit 3B
Lincoln Square, Chicago, IL Local Guide

How much does it cost to rent a home in Lincoln Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lincoln Square 2 Bedroom Homes for Rent | $2,169 | $1,450 | $3,000 |
Lincoln Square 3 Bedroom Homes for Rent | $2,761 | $2,300 | $3,800 |
Lincoln Square 4 Bedroom Homes for Rent | $5,600 | $5,600 | $5,600 |
Browse Homes for Rent 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 |
---|---|---|---|
5208-14 N. Damen / 2000-10 W. Foster | 1BR/1.0BA | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Lincoln Square, IL
As of May 10, 2025 the best value apartment in the Lincoln Square area is the $1.45 price per square foot 2642 W Farragut Ave Model at 2642 W Farragut Ave, Unit 1 in the in the Lincoln Square neighborhood starting from $3,200. The second greatest value Lincoln Square apartment is the 5162 N Leavitt St Model at 5162 N Leavitt St, Unit 3 starting at $2,495 with a $1.92 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. |
---|---|---|---|
2642 W Farragut Ave, Unit 1 | 2642 W Farragut Ave | 3BR,2BA | $1.45 |
5162 N Leavitt St, Unit 3 | 5162 N Leavitt St | 2BR,1BA | $1.92 |
5158 N Leavitt, Unit 3 | 5158 N Leavitt | 2BR,1BA | $2.20 |
5162 N Leavitt St, Unit 3 | 5162 N Leavitt St | 2BR,1BA | $2.20 |
5162 N Leavitt St, Unit 3 | 5162 N Leavitt St | 2BR,1BA | $2.27 |
5639 N Artesian Ave, Unit GDN | 5639 N Artesian Ave | 2BR,1BA | $1.80 |
5208-14 N. Damen / 2000-10 W. Foster | 1BR/1.0BA | 1BR,1BA | $1.84 |
2449 W Ardmore Ave, Unit 1 | 2449 W Ardmore Ave | 2BR,1BA | $2.11 |
5639 N Artesian Ave, Unit GDN | 5639 N Artesian Ave | 2BR,1BA | $2.00 |
1907 W Foster Ave, Unit GRD | 1907 W Foster Ave | 1BR,1BA | $2.30 |
Frequently Asked Questions about Lincoln Square
What type of rentals are currently available in Lincoln Square?
There are currently 258 Apartments for Rent in Lincoln Square, IL with pricing that ranges from $1,450 to $3,600. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Square ranging from $1,450 to $5,600.
What is the current price range for Rental Homes in Lincoln Square?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincoln Square ranges from $1,450 to $5,600 with an average monthly rent of $2,902.
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
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.