Rentometer, Inc. | Data as of 10/23/2025
Lincolnwood, a vibrant city nestled in the heart of Illinois, offers a blend of suburban charm and urban convenience just minutes from downtown Chicago and O’Hare International Airport. Residents enjoy leafy streets, well‑maintained parks such as Lincolnwood Park and the popular Gillson Park, and a bustling Village Center filled with boutique shops, cafés, and restaurants. The area’s top‑rated schools and easy access to major highways make it an ideal choice for families, professionals, and retirees alike.
The rental market in Lincolnwood reflects the community’s diverse housing stock. Studio apartments typically rent in the $2200s, while one‑bedroom units hover around the $2700 range. Two‑bedroom apartments often fall in the $3300 bracket, and spacious three‑bedroom units command averages near $4100. For those seeking a house, three‑bedroom homes are generally priced around $3400, and larger four‑plus bedroom properties sit in the $4600 range. This mix of apartments and single‑family homes provides options for a wide range of budgets and lifestyle preferences.
Popular neighborhoods such as the historic Lincoln Ridge and the modern Village Loop offer easy walking distance to schools, public transit, and recreational facilities. Proximity to the Chicago Golf Club and the serene Des Plaines River adds outdoor appeal, while the nearby Metra stations ensure a quick commute to the city. With its strong rental inventory, welcoming community, and convenient location, Lincolnwood remains a sought‑after destination for renters across the Chicago metropolitan area.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,219 | $2,175 | $2,045 - $2,475 | $2,070 - $2,330 |
| Apartment | 1 Bedroom | $2,700 | $2,677 | $2,382 - $3,114 | $2,477 - $2,839 |
| Apartment | 2 Bedroom | $3,288 | $3,134 | $2,984 - $3,890 | $3,074 - $3,359 |
| Apartment | 3 Bedroom | $4,102 | $4,089 | $3,200 - $4,720 | $4,066 - $4,439 |
| House | 3 Bedroom | $3,425 | $3,550 | $950 - $4,500 | $3,200 - $3,900 |
| House | 4+ Bedroom | $4,804 | $3,900 | $3,100 - $6,950 | $3,500 - $6,800 |
In the current period, the average rent in Lincolnwood was $2,219 for Studio, $2,701 for 1 Bedroom, $3,320 for 2 Bedroom, $3,651 for 3 Bedroom, and $4,233 for 4+ Bedroom.
Data provided by Rentometer, Inc.