Apartments for Rent in Lynwood, IL

Prices and availability in Lynwood, IL were last updated on 5 Jun 2026.

The best apartment in Lynwood, IL is: 3275-3287 Glenwood Dyer Road.

The average rent in Lynwood, IL is $932.

In Lynwood 25% of the housing is rented out compared to 75% of homes are owned, according to the most recent Census Bureau estimates. none of Lynwood's apartments are found in large buildings of 50 units or more, 76% are located in smaller apartment complexes with less than 50 units, and 7% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Lynwood are about 43 years old, on average. Of these, 30% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 4 stories. About 66% of the rental communities here are low-rise, garden-style communities, 34% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Lynwood come in a range of sizes and floorplans. Studio apartments represent 7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 37% of all rentals in Lynwood. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.