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Lincoln, IL Area Guide

Avg Rent

$429

Population

13,333

Renter Mix

35% Rent

This Illinois town, named for the 16th US President, is surrounded by natural beauty

Rural Historic Outdoors

Lincoln holds a distinction no other American city can claim: it is the only place in the country named for Abraham Lincoln before he ever became president. The future 16th president himself helped christen the town on August 27, 1853, and went on to plead cases in its courtrooms from 1847 to 1859. That deep historical identity, rooted in central Illinois between Springfield, Bloomington, and Decatur, gives Lincoln a character that feels genuinely connected to the past while remaining a practical, affordable place to put down roots today. Spanning roughly seven square miles, Lincoln is the county seat of Logan County and home to Lincoln Christian University along the Keokuk Street corridor. The city is laid out in a straightforward grid, with green spaces woven between neighborhoods and the main thoroughfares. The rental landscape covers a solid range of options, from downtown apartments and townhouse communities to well-established homes for rent along the outer blocks. Housing costs here run well below the Illinois state average, making it one of the more attainable rental markets in the state. Historic Route 66 passes through Lincoln, and roadside landmarks like the World's Largest Covered Wagon reflect the city's pride in its heritage. The Logan County Fairgrounds draws the community together each summer, and the Amtrak station, less than a mile from the city center, connects residents directly to both Chicago and St. Louis.

Demographics

Median Household Income

$56,006

Average: $75,426

Education

2,475

Residents Have a Degree

Job Market

6,324

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

42 Years

Largest Age Group

60-69 Years

Approximately 13% of Residents

Under 20

23%

Over 65

23%

Housing Distribution

Lincoln has more homeowners than renters.

Renters
35%
Non-Renters
65%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
15%
Other Education
85%

Rent Trends

As of August 2026, the average apartment rent in Lincoln, IL is $257 for a studio, $429 for one bedroom, $553 for two bedrooms, and $743 for three bedrooms. Apartment rent in Lincoln has increased by 0.6% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$429/month
320 Sq Ft
Townhome
$1,450/month
1,000 Sq Ft
See Rental Market Trends in Lincoln, IL

Learn More About Lincoln

Getting Around

Fairly Walkable

Walkability

50 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

40 / 100

Schools

West Lincoln-Broadwell Elementary School

Public

Grades PK-8

222 Students

Chester-East Lincoln Elementary School

Public

Grades PK-8

286 Students

Central Elementary School

Public

Grades PK-5

171 Students

Northwest Elementary School

Public

Grades K-5

263 Students

Washington-Monroe Elementary School

Public

Grades PK-5

201 Students

West Lincoln-Broadwell Elementary School

Public

Grades PK-8

222 Students

Chester-East Lincoln Elementary School

Public

Grades PK-8

286 Students

Lincoln Jr High School

Public

Grades 6-8

319 Students

Lincoln Community High School

Public

Grades 9-12

752 Students

Points of Interest

Parks and Recreation

  • Edward R. Madigan State Fish & Wildlife

Airports

  • Abraham Lincoln Capital
  • Central Il Regional/Bloomington-Normal

Top Apartments in Lincoln

Living in Lincoln

History

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Lincoln holds a distinctive place in American history as the only city named for Abraham Lincoln before he became president. The naming ceremony took place on August 27, 1853, when Lincoln himself christened the town with watermelon juice, a moment that locals still celebrate as a defining part of the city's identity. During his years as a practicing attorney, Lincoln argued cases in courtrooms here from 1847 to 1859, and the Postville Courthouse State Historic Site preserves a replica of one such courtroom where he once appeared. Beyond its presidential connections, Lincoln sits along historic Route 66, and the corridor through town is dotted with roadside landmarks, including the eye-catching World's Largest Covered Wagon. The downtown square, anchored by the Logan County Courthouse, reflects the architectural character of a 19th-century county seat, and the surrounding streetscape gives the city a sense of layered history that is easy to notice on a walk through the center of town.

Restaurants

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Lincoln's dining scene reflects its small-town, central Illinois character, with a welcoming mix of locally owned restaurants and familiar national chains spread along Keokuk Street, the city's main commercial corridor. Residents can expect classic American comfort food, casual family dining, and everyday staples within easy reach. The downtown area near the historic courthouse square also offers a handful of neighborhood spots suited to a relaxed, unhurried pace. While Lincoln doesn't have a major fine-dining district, its affordability and tight-knit community make for a laid-back food culture where neighbors gather over hearty, unpretentious meals - and the short drive to Springfield or Bloomington opens up a much wider range of dining choices.

Transportation

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Lincoln sits at the intersection of Interstate 55 and Interstate 155, making it easy to reach Springfield, about 30 miles to the south, and Bloomington-Normal, roughly 37 miles to the north. Most residents rely on personal vehicles to get around, as the town has no local bus system. One standout asset is the Lincoln Amtrak Station, less than a mile from the city center, where the Lincoln Service and Texas Eagle routes provide direct rail connections to Chicago and St. Louis. Drivers heading to the airport can reach Abraham Lincoln Capital Airport in Springfield in about 39 minutes or Central Illinois Regional Airport in Bloomington-Normal in around 50 minutes. Keokuk Street serves as the main commercial corridor, and the town's compact, plainly laid out grid makes short drives and errands straightforward.

Parks

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Lincoln's green spaces are woven throughout the city, with parks and open areas sitting between the town and its major thoroughfares. Kickapoo Creek Park offers trails well-suited for casual hiking and outdoor exploration, while the nearby Edward R. Madigan State Fish and Wildlife Area, just a five-minute drive away, provides opportunities for fishing, hunting, and wildlife viewing. In warmer months, the Lincoln Fairgrounds comes alive with events and activities, including the Logan County Fair, giving residents a lively outdoor gathering space to enjoy throughout the season.

Cost

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Lincoln stands out as one of the most affordable rental markets in Illinois. One-bedroom apartments average $428 per month and two-bedroom units average $552 per month, compared to the Illinois state average of $1,736 for a one-bedroom. Studios are available for around $257 per month, and three-bedroom units average $742 per month. Rent increases have remained modest, with one- and two-bedroom prices rising just under $10 per year. The housing mix includes downtown apartments, townhouse communities, and single-family homes available for rent throughout the surrounding neighborhoods.

Shopping

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Shopping in Lincoln centers on Keokuk Street, the city's main commercial corridor running east from I-55 toward Lincoln Christian University. This stretch brings together a practical mix of locally owned shops and national chain retailers, with several shopping centers clustered nearby, including Keokuk Street Center and a local shopping center. The downtown square area rounds out the retail landscape with a more walkable, small-town feel suited to browsing independent businesses. For a city of its size, Lincoln offers residents convenient access to everyday retail needs without the bustle of a larger metro area.

Highlights

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Lincoln is the only U.S. city named for Abraham Lincoln before his presidency, a heritage reinforced by the Postville Courthouse historic site, Route 66 landmarks, and the World's Largest Covered Wagon. Add an Amtrak station under a mile from downtown, outdoor recreation at Kickapoo Creek Park and Edward R. Madigan State Fish and Wildlife Area, and some of the lowest rents in Illinois, and Lincoln offers a lot for the price.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.