Cheap Homes for Rent in Lincoln Square Neighborhood of Chicago, IL from $1,200 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lincoln Square area of Chicago.

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

Cheapest Available Lincoln Square Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Winthrop Manor0BR/1.0BAStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
3223 W Olive Ave, Unit #13223 W Olive Ave3BR,1BA$1.47
5120 N Winchester Ave, Unit 35120 N Winchester Ave2BR,2BA$2.00
5120 N Winchester Ave, Unit 35120 N Winchester Ave2BR,2BA$2.00
5517 N Lincoln Ave, Unit 5509 -3S5517 N Lincoln Ave3BR,1BA$1.80
2619 W Rascher Ave, Unit M00B2619 W Rascher Ave3BR,1BA$2.00
5610 N Western Ave, Unit 2025610 N Western Ave2BR,1BA$1.80
5108 N Winchester Ave, Unit 35108 N Winchester Ave2BR,1BA$2.30
5600 N Western Ave5600 N Western Ave2BR,1BA$2.00
5160 N Leavitt St, Unit 15160 N Leavitt St1BR,1BA$2.28
5160 N Leavitt St, Unit 15160 N Leavitt St1BR,1BA$2.28

Frequently Asked Questions about Lincoln Square

What type of rentals are currently available in Lincoln Square?

There are currently 265 Apartments for Rent in Lincoln Square, IL with pricing that ranges from $1,100 to $2,995. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincoln Square ranging from $1,295 to $4,950.

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 $1,295 to $4,950 with an average monthly rent of $2,498.

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

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

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What to Know About Fees and Fines When Renting

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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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.