5

Lincoln, IL Townhomes for Rent

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  • /11

    $2,000

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Townhouse for Rent

    1025 N Jefferson St Unit 1023 N. Jefferson, Lincoln, IL 62656

    Available mid-July:Furnished month-to-month housing for professionals - ideal for contractors, engineers or medical staff. 30-day minimum stay in Lincoln, IL. Near Morton, IL, Springfield, IL. Coyote Road Solar welcome, Tazewell County, Illinois. Townhome like unit with private entrance. Quiet neighborhood nearby amenities like restaurants, and stores and easy access to I-55 making travel to

    1025 N Jefferson St Unit 1023 N. Jefferson, Lincoln, IL 62656
  • /6

    $825

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Townhouse for Rent

    609 Denver St Unit B, Lincoln, IL 62656

    609 Denver St Unit B, Lincoln, IL 62656
  • /3

    $825

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Townhouse for Rent

    405 N State St, Lincoln, IL 62656

    Nice 2 bedroom unit move in ready in a good neighborhood.

    405 N State St, Lincoln, IL 62656
  • /16

    $1,800

    Total Monthly Price

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

    1024 N Jefferson St Unit A, 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 Unit A, Lincoln, IL 62656
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    $1,800

    Total Monthly Price

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

    1026 N Jefferson St Unit 1026 Unit A, 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 Unit 1026 Unit A, Lincoln, IL 62656

Frequently Asked Questions

How much does it cost to rent a townhouse in Lincoln, IL?
The median rent for a townhouse in Lincoln, IL is $1,800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
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 $52,480 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 $1,312 per month in Lincoln, IL, renters typically need to show $3,936 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 7.9, 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 Home Trends

Number of Townhouses for Rent
5
Median Townhouse Rent
$1,800
Median 2 Bedroom Townhouse Rent
$1,800
How to Rent a Home