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Newest Homes for Rent in Lincoln, IL

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  • 1103 N State St, Lincoln, IL 62656
    1103 N State St, Lincoln, IL 62656
    1103 N State St, Lincoln, IL 62656
    /35

    Starting at $462 Per Month

    • 1 - 3 Beds

    1103 N State St, Lincoln, IL 62656

    Brainard Landings offers a variety of 1-, 2-and 3-bedroom floor plans designed to fit your lifestyle! Our thoughtfully designed apartments offer distinctive open floorplans, fully equipped kitchens, spacious closets with organizers, and private patios or balconies for your enjoyment. Take advantage of outstanding community amenities including a clubhouse with a refreshing swimming pool, fitness

    Brainard Landings

    (217) 978-4403

    1103 N State St, Lincoln, IL 62656
  • 607 Keokuk St, Lincoln, IL 62656
    607 Keokuk St, Lincoln, IL 62656
    /2

    $1,000

    Total Monthly Price

    • 2 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • House for Rent

    607 Keokuk St, Lincoln, IL 62656

    Very spacious parking lot, huge living room for anything you would like to add to fill up space, 2 1/2 Bathrooms.

    607 Keokuk St, Lincoln, IL 62656
  • 1455 Castle Manor Dr, Lincoln, IL 62656
    1455 Castle Manor Dr, Lincoln, IL 62656
    1455 Castle Manor Dr, Lincoln, IL 62656
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    Starting at $400 Per Month

    • 1 - 2 Beds

    1455 Castle Manor Dr, Lincoln, IL 62656

    Lincoln Senior Flats is a 55+ community, we do accept household members that are not of that age as long as the Head of household is 55+. Open now! A beautiful community that offers 1 bed and 1 bath floor plan and 2 bed and 2 bath floor plan. We will offer on-site property management and maintenance staff. We are a pet friendly community with wonderful amentities such as a large community room

    Lincoln Senior Flats

    (217) 651-6828

    1455 Castle Manor Dr, Lincoln, IL 62656
  • 305 N Butler St, Lincoln, IL 62656
    305 N Butler St, Lincoln, IL 62656
    305 N Butler St, Lincoln, IL 62656
    /6

    $950

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 725 Sq Ft
    • Condo for Rent

    305 N Butler St, Lincoln, IL 62656

    Recently remodeled 2 bedroom apartment available.Central ac and washer / dryer hookups. Private drive way, private entrance. Owner pays sewer, garbage, and pest control; tenant pays electric and waterAverage electric bill $158

    305 N Butler St, Lincoln, IL 62656
  • 1026 N Jefferson St, Lincoln, IL 62656
    1026 N Jefferson St, Lincoln, IL 62656
    1026 N Jefferson St, Lincoln, IL 62656
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    $2,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    1026 N Jefferson St, Lincoln, IL 62656

    Fully furnished 2-bedroom in Lincoln, IL with month-to-month lease and all utilities included. Conveniently located near Lincoln Memorial Hospital, local wind farm projects, and Amtrak service with easy access to Springfield, Bloomington, and Decatur — perfect for relocating employees and traveling professionals.

    1026 N Jefferson St, Lincoln, IL 62656
  • 1024 N Jefferson St, Lincoln, IL 62656
    1024 N Jefferson St, Lincoln, IL 62656
    1024 N Jefferson St, Lincoln, IL 62656
    /35

    $2,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    1024 N Jefferson St, Lincoln, IL 62656

    Move-in ready 2-bedroom, 2-bathroom furnished rental available in Lincoln, IL. Perfect for travel nurses at Lincoln Memorial Hospital or professionals working on wind farm projects (Enel Green Power, Invenergy, Siemens Gamesa). Flexible month-to-month lease, all utilities and WiFi included, just bring your suitcase.

    1024 N Jefferson St, Lincoln, IL 62656
  • 1024 N Jefferson St, Lincoln, IL 62656
    1024 N Jefferson St, Lincoln, IL 62656
    1024 N Jefferson St, Lincoln, IL 62656
    /35

    $2,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    1024 N Jefferson St, Lincoln, IL 62656

    Move-in ready 2-bedroom, 2-bathroom furnished rental available in Lincoln, IL. Perfect for travel nurses at Lincoln Memorial Hospital or professionals working on wind farm projects (Enel Green Power, Invenergy, Siemens Gamesa). Flexible month-to-month lease, all utilities and WiFi included, just bring your suitcase.

    1024 N Jefferson St, Lincoln, IL 62656
  • 1026 N Jefferson St, Lincoln, IL 62656
    1026 N Jefferson St, Lincoln, IL 62656
    1026 N Jefferson St, Lincoln, IL 62656
    /32

    $2,000

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Townhouse for Rent

    1026 N Jefferson St, Lincoln, IL 62656

    Fully furnished 2-bedroom in Lincoln, IL with month-to-month lease and all utilities included. Conveniently located near Lincoln Memorial Hospital, local wind farm projects, and Amtrak service with easy access to Springfield, Bloomington, and Decatur — perfect for relocating employees and traveling professionals.

    1026 N Jefferson St, Lincoln, IL 62656
Illinois Logan County Lincoln

Newest Homes for Rent in Lincoln, IL

Frequently Asked Questions

How much does it cost to rent a home in Lincoln, IL?
The median rent for a home in Lincoln, IL is $2,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option.
How much do you need to make to afford rent in Lincoln, IL?
To comfortably afford the median rent in Lincoln, IL, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Lincoln, IL, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lincoln, IL?
In Lincoln, IL, the price-to-rent ratio is 5.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Lincoln, IL

There are currently 8 homes available for rent in Lincoln, IL. The median rent is $2,000 per month, with townhouses at $2,000.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$2,000
Median Townhouse Rent
$2,000
How to Rent a Home

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