Rentometer, Inc. | Data as of 10/23/2025
Lincoln, IL offers a vibrant metro rental market that blends historic charm with modern convenience. Prospective renters will find a diverse selection of apartments throughout well‑established neighborhoods such as Downtown Lincoln, Westgate, and the growing Northbrook district. Residents enjoy easy access to cultural attractions like the historic Lincoln Theatre, the lively Hub Arts District, and the scenic trails of Parson’s Woods, making the city an appealing place to call home.
Apartment living dominates the local rental scene, with 1‑bedroom units typically renting in the $600‑$700 range and 3‑bedroom apartments averaging around the $900 range. These price points reflect the city’s balanced cost of living while providing quality amenities and modern finishes. Many complexes feature on‑site fitness centers, pet‑friendly policies, and convenient parking, catering to both young professionals and families seeking comfortable, affordable housing options.
The rental market in Lincoln benefits from its strong transportation links, including easy highway access and commuter rail services that connect the metro area to nearby employment hubs. Proximity to Lincoln Community College, local hospitals, and a variety of shopping and dining venues further enhances the appeal for renters. Whether you’re drawn by the historic streetscapes, the vibrant arts scene, or the welcoming community atmosphere, Lincoln’s rental market offers a range of choices that suit diverse lifestyles and budgets.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $643 | $690 | $550 - $690 | $550 - $690 |
| Apartment | 3 Bedroom | $900 | $900 | $900 - $900 | $900 - $900 |
In the current period, the average rent in Lincoln, IL was
$643 for 1 Bedroom, and
$900 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.