Cheap Apartments for Rent in Lincoln, IL

7 rentals

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 Nov 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
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
Aug 2026$772
Sep 2026$772
Oct 2026$772
Nov 2026$825
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$699$845$980—$772
Apartments and Condos—$725$1,300—$725
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 $874 per month. This is about 55% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Lincoln, IL?
    Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $500 per month.
  • How many cheap apartments are available in Lincoln, IL?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $772.
  • 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 does the rent of a 1 bedroom apartment compare to a studio apartment in Lincoln, IL?
    The average rent of a 1 bedroom apartment in Lincoln, IL is $699 per month. That is about $313 more than the cost of a studio apartment.
  • 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 - 484 Rentas | Trulia