Cheap Homes for Rent in Lincolns New Salem, IL from $700 (24 Rentals)

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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.

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Lincolns New Salem, IL Local Guide

Cheapest Available Lincolns New Salem Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lincolns New Salem, IL is a 1 Bed unit found at Jacksonville Affordable Housing priced from $462. The Hickcox Collection in the Downtown Springfield neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $628. Here is today’s list of the most affordable Lincolns New Salem apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jacksonville Affordable Housing1 Bedroom 50%1BR,1BA$462
The Hickcox CollectionThe HickoxStudio,1BA$628
Safe Harbor PropertiesStudioStudio,1BA$675
Denison PlaceOne Bedroom1BR,1BA$675
Morton Street Apartments1 bed one bath1BR,1BA$690

Best Value Apartments for Rent in Lincolns New Salem, IL and Nearby

As of May 15, 2025 the best value apartment in the Lincolns New Salem area is the $0.75 price per square foot Three Bedroom, Two Bath (I) Model at Brainard Landings Apartments in the starting from $900. The second greatest value Lincolns New Salem apartment is the Townhome Model at Ravenwood Townhomes starting at $875 with a $0.88 price per square foot . Here is today’s list of the best values for Lincolns New Salem apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Brainard Landings ApartmentsThree Bedroom, Two Bath (I)3BR,2BA$0.75
Ravenwood TownhomesTownhome2BR,1.5BA$0.88
Meadow View Landing2 Bedroom/1 Bath2BR,1BA$1.04
New Eastlawn ApartmentsTwo Bedroom2BR,1BA$0.97
CandlesA11BR,1BA$1.10
Denison PlaceOne Bedroom1BR,1BA$0.84
Cobblestone ApartmentsCobblestone 2BD2BR,1BA$1.06
Lincoln Tower Apartments1 Bed 1 Bath1BR,1BA$1.07
Safe Harbor PropertiesStudioStudio ,1BA$1.08
Jacksonville Affordable Housing1 Bedroom 60%1BR,1BA$0.84

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Frequently Asked Questions about Lincolns New Salem

What type of rentals are currently available in Lincolns New Salem?

There are currently 38 Apartments for Rent in Lincolns New Salem, IL with pricing that ranges from $331 to $1,975. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lincolns New Salem ranging from $700 to $3,500.

What is the current price range for Rental Homes in Lincolns New Salem?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lincolns New Salem ranges from $700 to $3,500 with an average monthly rent of $1,153.

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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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.

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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.

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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.