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Rental Market Trends in Lincolnshire, IL

What is the average rent in Lincolnshire, IL?

$2,003/month

Average Rent

745 Sq Ft

Average Apartment Size

-3.3%

Decrease in the Last Year

As of January 2026, the average rent in Lincolnshire, IL is $2,003 per month. This is 23% higher than the national average rent price of $1,624/month, making Lincolnshire one of the most expensive cities in the US. When you rent an apartment in Lincolnshire, you can expect to pay about $1,833 per month for a studio, $2,003 for a one-bedroom apartment, and around $3,160 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,768 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,833/month
646 Sq Ft
One Bedroom
$2,003/month
745 Sq Ft
Two Bedroom
$3,160/month
1,178 Sq Ft
Three Bedroom
$3,768/month
1,515 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lincolnshire, IL?

In the past year, rent has decreased by 3.3%, which averages out to $65 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lincolnshire, IL
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Lincolnshire, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
50% Above $2,000/month

What salary do I need to live comfortably in Lincolnshire, IL?

Because the average rent in Lincolnshire is $2,003, you’ll want to make about $6,676 per month or $80,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Lincolnshire, IL

90 Available Apartments for Rent

Search for Nearby Apartments

How does Lincolnshire, IL compare to other nearby cities and neighborhoods?

Use the tool below to compare Lincolnshire, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Lincolnshire, IL

Apartment Averages

Nearby City Rent Trends

  • Buffalo Grove Average Rent
  • Vernon Hills Average Rent
  • Deerfield Average Rent
  • Lake Forest Average Rent

Apartment communities in Lincolnshire we think you'll love

444 Social

444 Social

444 Parkway Dr,
Lincolnshire, IL 60069

$1,775 - $5,868

Studio - 3 Beds

The Oaks Of Vernon Hills

The Oaks Of Vernon Hills

103 Oak Leaf Ln,
Vernon Hills, IL 60061

$1,899 - $10,000

1-3 Beds

Furnished Studio-Chicago - Buffalo Grove - Deerfield

Furnished Studio-Chicago - Buffalo Grove - Deerfield

1525 Busch Pkwy,
Buffalo Grove, IL 60089

$1,679

Studio

Furnished Studio-Chicago - Vernon Hills - ...

Furnished Studio-Chicago - Vernon Hills - ...

675 Woodlands Pkwy,
Vernon Hills, IL 60061

$1,679

Studio

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United States Illinois Lincolnshire Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity