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Homes & Apartments for Rent in Lincolnwood, IL

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What to Know About

Life in Lincolnwood & Beyond

Lincolnwood shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Lincolnwood, IL

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As of November 2026, Lincolnwood's rental market is stable, with rentals spending about 29 days on the market, about the same as in Illinois (29), and rents up 2.3% over the past year. Lincolnwood's average rent is 17.0% ($414) higher than the Illinois average of $2,439 and 40.1% ($817) higher than the U.S. average of $2,036.

Average Rent
$2,853
Monthly ChangeMonth Over Month Change
Increased0.23% ($7)
Yearly ChangeYear Over Year Change
Increased2.3% ($64)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,394 Increased0.25% ($6) Increased5.0% ($115)
2 Beds $3,271 Increased0.02% ($1) Decreased5.5% ($189)
3 Beds $4,155 Increased0.17% ($7) Decreased1.1% ($47)
Nearby Cities Average Rent Avg. Rent vs. LincolnwoodAverage Rent vs. Lincolnwood Days on Market
Skokie $2,464 Decreased13.6% ($389) 29 days
Evanston $2,818 Decreased1.2% ($35) 40 days
Morton Grove $2,331 Decreased18.3% ($522) 28 days
Niles $2,137 Decreased25.1% ($716) 28 days
Wilmette $3,882 Increased36.1% ($1,029) 28 days
Based on rentals advertised on RentalSource in and around Lincolnwood.
Frequently Asked Questions
Lincolnwood Rental Market FAQs

Explore rental prices, market conditions, and affordability in Lincolnwood, IL.

The average rent in Lincolnwood, IL is about $2,853 per month.
In Lincolnwood, the average rent is about $2,394 per month for a 1-bedroom home, about $3,271 for a 2-bedroom home and about $4,155 for a 3-bedroom home.
The average rent in Lincolnwood is 40.1% ($817) higher than the national average of $2,036 per month.
The rental market in Lincolnwood, IL is currently stable, with rentals spending about 29 days on the market, about the same as in Illinois (29), and rents up 2.3% over the past year.
Based on the current averages, a household would need an annual income of about $130,800 to comfortably afford a 2-bedroom home in Lincolnwood.
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