Rentometer, Inc. | Data as of 10/22/2025
Lincoln, Illinois offers a vibrant rental market that balances historic charm with modern convenience. Most of the available inventory consists of well‑maintained apartment communities, ranging from contemporary complexes on the outskirts to charming walk‑up buildings in the heart of downtown. With a strong focus on three‑bedroom units, renters can enjoy spacious living areas that are ideal for families, roommates, or those seeking extra room for home offices. The prevailing price point centers around the $900 range, reflecting the city’s reputation for affordable yet comfortable housing.
The city’s central neighborhoods, such as the historic Downtown District and the lively West Side, provide easy access to popular attractions like the Lincoln Opera House, the Lincoln County Historical Museum, and the bustling Main Street shopping corridor. Outdoor enthusiasts appreciate the proximity to Lincoln Trail State Park and the scenic banks of the Vermilion River, offering a pleasant blend of urban amenities and natural recreation. Well‑connected by major roadways and public transit, these areas make commuting straightforward while maintaining a small‑town feel.
Beyond apartments, Lincoln’s broader housing landscape includes single‑family homes and townhouses in quieter residential zones like the Southside and East Lincoln neighborhoods. These options cater to renters seeking a more suburban atmosphere while remaining close to the city’s cultural events, schools, and local businesses. Whether you’re looking for a spacious three‑bedroom apartment near downtown excitement or a quieter home in a leafy enclave, Lincoln’s rental market provides diverse choices that suit a variety of lifestyles.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 3 Bedroom | $900 | $900 | $900 - $900 | $900 - $900 |
In the current period, the average rent in Lincoln was
$900 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.