Cheap Apartments for Rent in Lincoln, IL

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Apartments For Rent Near Lincoln, IL

We found 30 more apartments matching your filters just outside Lincoln

Average Rent Trends in Lincoln, IL

Rent in Lincoln, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Aug 2025$985
Sep 2025$831
Oct 2025$1,850
Nov 2025$900
Dec 2025$900
Jan 2026$1,100
Feb 2026$900
Mar 2026$817
Apr 2026$817
May 2026$1,000
Jun 2026$895
Jul 2026$1,050
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Average Rent By Bedroom and Home Type

In July 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$720$1,050$930—$1,050
Townhomes—$2,000——$2,000
Apartments and Condos—$1,889——$1,889
Houses—$950$1,275—$950
See more information about local market trends in Lincoln, IL

Frequently Asked Questions about Rentals in Lincoln, IL

  • What is the average rent of an apartment in Lincoln, IL?
    The average rent of an apartment in Lincoln, IL is $1,286 per month. This is about 34% lower than the national average.
  • When is the average rent cheapest in Lincoln, IL?
    In the last year, the average rent in Lincoln, IL was lowest in Feb 2025 when it was $500 per month.
  • When is the average rent most expensive in Lincoln, IL?
    In the last year, the average rent in Lincoln, IL was highest in Oct 2025 when it was $1,850 per month.
  • How many available rental listings are in Lincoln, IL?
    There are 9 available rental listings in Lincoln, IL.
  • What are some zip codes in Lincoln, IL?
    Lincoln, IL includes zip codes such as: 62656, 62643, 61751.
  • What are some cities near Lincoln, IL?
    Some nearby cities include: Broadwell, Lawndale, Hartsburg, Atlanta, New Holland. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Lincoln, IL - 445 Rentas | Trulia