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Rental Market Trends in Lincolnwood, IL

Updated September 2026

The average rent in Lincolnwood, IL is $2,040/month.

Rent in Lincolnwood is 23% higher than the national average rent of $1,665/month, making this one of the more expensive cities statewide.

$2,040/month

Average Rent

758 Sq Ft

Average Size

-12.2%

Change / Year

55

Available Apartments

Lincolnwood rent varies by unit size and layout:

  • Studio apartments in Lincolnwood average $1,909 per month.
  • One-bedroom apartments in Lincolnwood average $2,040 per month.
  • Two-bedroom apartments in Lincolnwood average $2,860 per month.
  • Three-bedroom apartments in Lincolnwood average $3,585 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,909/month
544 Sq Ft
One Bedroom
$2,040/month
758 Sq Ft
Two Bedroom
$2,860/month
1,155 Sq Ft
Three Bedroom
$3,585/month
1,381 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,642/month
1,295 Sq Ft
View Lincolnwood Apartments

How much has average rent changed in Lincolnwood, IL?

In the past year, rent has decreased by 12.2%, which averages out to $248 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Lincolnwood, IL

September 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 $2,040, you’ll want to make about $6,800 per month or $81,600 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

55 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

Compare Rent Trends Nearby

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

  • Skokie

    Skokie

    Avg Rent: $1,772/month

  • Evanston

    Evanston

    Avg Rent: $1,898/month

  • Morton Grove

    Morton Grove

    Avg Rent: $2,375/month

  • Niles

    Niles

    Avg Rent: $1,720/month

  • Harwood Heights

    Harwood Heights

    Avg Rent: $1,511/month

  • Wilmette

    Wilmette

    Avg Rent: $1,905/month

  • Norridge

    Norridge

    Avg Rent: $1,047/month

  • Park Ridge

    Park Ridge

    Avg Rent: $1,745/month

Apartment Communities in Lincolnwood We Think You'll Love

District 1860

District 1860

7215 N District Ave,
Lincolnwood, IL 60712

Studio - 3 Beds | $1,668 - $4,393

4915 Jerome Ave

4915 Jerome Ave

4915 Jerome Ave,
Skokie, IL 60077

5 Beds | $3,500

7018 Le Claire Ave

7018 Le Claire Ave

7018 Le Claire Ave,
Skokie, IL 60077

3 Beds | $9,556

6114 N Lenox Ave

6114 N Lenox Ave

6114 N Lenox Ave,
Chicago, IL 60646

3 Beds | $3,695

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Frequently Asked Questions

What is the average rent in Lincolnwood?

The average rent in Lincolnwood is $2,040 per month, which is 22.5% higher than the national average of $1,665.

What is the average rent for a house in Lincolnwood?

The average rent for a house in Lincolnwood, IL is $3,642 per month.

Are rents going up or down in Lincolnwood?

Rents in Lincolnwood, IL are decreasing, with prices down 12.2% year-over-year and $248 less per month.

What rent range is most common in Lincolnwood?

In Lincolnwood, IL, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 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