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Rental Market Trends in Lincolnshire, IL

Updated September 2026

The average rent in Lincolnshire, IL is $2,114/month.

Rent in Lincolnshire is 27% higher than the national average rent of $1,664/month, making this one of the more expensive cities statewide.

$2,114/month

Average Rent

745 Sq Ft

Average Size

+1.2%

Change / Year

84

Available Apartments

Lincolnshire rent varies by unit size and layout:

  • Studio apartments in Lincolnshire average $2,085 per month.
  • One-bedroom apartments in Lincolnshire average $2,114 per month.
  • Two-bedroom apartments in Lincolnshire average $3,278 per month.
  • Three-bedroom apartments in Lincolnshire average $3,860 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$2,085/month
646 Sq Ft
One Bedroom
$2,114/month
745 Sq Ft
Two Bedroom
$3,278/month
1,178 Sq Ft
Three Bedroom
$3,860/month
1,515 Sq Ft
View Lincolnshire Apartments

How much has average rent changed in Lincolnshire, IL?

In the past year, rent has increased by 1.2%, which averages out to $26 more per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lincolnshire, IL

September 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 $2,114, you’ll want to make about $7,046 per month or $84,552 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

84 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.

View the Lincolnshire Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Buffalo Grove

    Buffalo Grove

    Avg Rent: $2,028/month

  • Vernon Hills

    Vernon Hills

    Avg Rent: $2,163/month

  • Deerfield

    Deerfield

    Avg Rent: $2,321/month

  • Lake Forest

    Lake Forest

    Avg Rent: $2,915/month

Apartment Communities in Lincolnshire We Think You'll Love

444 Social

444 Social

444 Parkway Dr,
Lincolnshire, IL 60069

Studio - 3 Beds | $1,725 - $4,199

The Landing at Town Center

The Landing at Town Center

1255 Town Center Rd,
Vernon Hills, IL 60061

1-3 Beds | $2,395 - $3,830

The Oaks Of Vernon Hills

The Oaks Of Vernon Hills

103 Oak Leaf Ln,
Vernon Hills, IL 60061

1-3 Beds | $1,944 - $4,203

Furnished Studio-Chicago - Buffalo Grove - Deerfield

Furnished Studio-Chicago - Buffalo Grove - Deerfield

1525 Busch Pkwy,
Buffalo Grove, IL 60089

Studio | $2,163

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Frequently Asked Questions

What is the average rent in Lincolnshire?

The average rent in Lincolnshire is $2,114 per month, which is 27.0% higher than the national average of $1,664.

Are rents going up or down in Lincolnshire?

Rents in Lincolnshire, IL are increasing, with prices up 1.2% year-over-year and $26 more per month.

What rent range is most common in Lincolnshire?

In Lincolnshire, IL, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

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 September 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.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity