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Rental Market Trends in Lincolnwood, IL

What is the average rent in Lincolnwood, IL?

$2,244/month

Average Rent

758 Sq Ft

Average Apartment Size

-8.7%

Decrease in the Last Year

As of March 2026, the average rent in Lincolnwood, IL is $2,244 per month. This is 38% higher than the national average rent price of $1,627/month, making Lincolnwood one of the most expensive cities in the US. When you rent an apartment in Lincolnwood, you can expect to pay about $1,995 per month for a studio, $2,244 for a one-bedroom apartment, and around $3,080 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $3,987 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,995/month
544 Sq Ft
One Bedroom
$2,244/month
758 Sq Ft
Two Bedroom
$3,080/month
1,155 Sq Ft
Three Bedroom
$3,987/month
1,381 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Four Bedroom
$4,800/month
1,785 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,951/month
938 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Lincolnwood, IL?

In the past year, rent has decreased by 8.7%, which averages out to $195 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Lincolnwood, IL
Last Updated March 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Lincolnwood, IL
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

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

Because the average rent in Lincolnwood is $2,244, you’ll want to make about $7,480 per month or $89,760 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

Lincolnwood, IL

90 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Lincolnwood, 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.

Apartment Averages

Nearby City Rent Trends

  • Skokie Average Rent
  • Evanston Average Rent
  • Morton Grove Average Rent
  • Niles Average Rent
  • Harwood Heights Average Rent
  • Norridge Average Rent
  • Park Ridge Average Rent

Apartment communities in Lincolnwood we think you'll love

District 1860

District 1860

7215 N District Ave,
Lincolnwood, IL 60712

$2,068 - $4,773 Total Monthly Price

Studio - 3 Beds

7069 N Crawford Ave

7069 N Crawford Ave

7069 N Crawford Ave,
Lincolnwood, IL 60712

$11,409

3 Beds

7225 E Prairie Rd

7225 E Prairie Rd

7225 E Prairie Rd,
Lincolnwood, IL 60712

$5,300

4 Beds

7225 E Prairie Rd

7225 E Prairie Rd

7225 E Prairie Rd,
Lincolnwood, IL 60712

$5,300

4 Beds

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United States Illinois Lincolnwood 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity