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Rent in Lincolnwood, IL

A 2-bedroom in Lincolnwood, IL (ZIP 60712) typically rents for about $3,260 a month, with a range of $3,020–$3,500+. Owner-occupied homes in Cook County pay about 1.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Lincolnwood, IL by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$3,010$2,520–$3,500+1
1 bed$3,085$2,670–$3,500+1
2 beds$3,260$3,020–$3,500+1
3 beds$3,259$2,638–$3,8801
4 beds$3,772$3,103–$4,4401

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).

Lincolnwood ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Lincolnwood, IL?
About $3,260 a month: the median of the typical rents in 1 ZIP code, which range from $3,020–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Lincolnwood, IL?
About $3,085 a month: the median of the typical rents in 1 ZIP code, which range from $2,670–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Lincolnwood, IL?
About $3,259 a month: the median of the typical rents in 1 ZIP code, which range from $2,638–$3,880. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Lincolnwood, IL?
About $3,010 a month: the median of the typical rents in 1 ZIP code, which range from $2,520–$3,500+. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Lincolnwood, IL?
About $3,772 a month: the median of the typical rents in 1 ZIP code, which range from $3,103–$4,440. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Lincolnwood, IL?
Owner-occupied homes in Cook County pay a typical 1.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Lincolnwood rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026) and Census ACS 5-year median gross rent (Dec 31, 2024).