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Studio Apartment for Rent in Lincolnshire, IL

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    Starting at $1,700 Per Month

    • Studio - 3 Beds

    444 Parkway Dr, Lincolnshire, IL 60069

    The best of everything in one place. Five minute walk to shopping, dining, entertainment and nature trails. Floor to ceiling windows overlooking water, nature preserves and lush landscaping. Spacious open floor plans with gourmet inspired kitchens, sophisticated finishes and luxurious baths.   Breathtaking two-story community hub with five star hotel caliber amenities. Wellness and fitness

    444 Social

    444 Parkway Dr, Lincolnshire, IL 60069

Why Live in Lincolnshire

Lincolnshire, Illinois, is a tree-lined community along the Des Plaines River, known for its old-growth trees and active lifestyle. The village, incorporated in 1957, balances commercial and residential development with natural spaces. Recreational activities include kayaking and canoeing on the river, golfing at Crane’s Landing Golf Club, and attending Broadway shows at the Marriott Theatre. The Lincolnshire Sports Association organizes youth sports at North Park, fostering community involvement. Residential areas feature homes built around preserved trees, with a variety of architectural styles from the mid-to-late 20th century onwards, including single-family homes, condominiums, and townhouses. The local schools are highly rated, with Lincolnshire-Prairieview School District No. 103 and Aptakisic-Tripp Community Consolidated School District No. 102 serving early childhood through Grade 8, and Adlai E. Stevenson High School District, which is ranked No. 1 nationwide. Community events like Lincolnshire Lights and Red, White, & BOOM bring residents together for seasonal celebrations. Dining options are concentrated along Milwaukee Avenue, offering a mix of national chains and local eateries, while nearby Vernon Hills provides additional shopping opportunities. For commuters, Chicago is accessible via a 33-mile drive on I-94 or a one-hour 10-minute Metra ride from Prairie View Station.

Frequently Asked Questions

How much does it cost to rent a home in Lincolnshire, IL?
The median rent for a home in Lincolnshire, IL is $4,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Lincolnshire, IL?
To comfortably afford the median rent in Lincolnshire, IL, a household needs to earn roughly $180,000 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 $4,500 per month in Lincolnshire, IL, renters typically need to show $13,500 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 Lincolnshire, IL?
In Lincolnshire, IL, the price-to-rent ratio is 12.8, 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.
What neighborhoods in Lincolnshire, IL are best for renting a home?
The best neighborhood for renting in Lincolnshire, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Edgewater and East Highland Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$4,500
Median Single Family Home Rent
$3,975
Median Townhouse Rent
$4,535
Median Condo Rent
$1,750
How to Rent a Home