A late strike from Lee McEvilly gave Rochdale a share of the points.
The home side were good value for a 1-0 half-time lead, Adam Le Fondre tapping in a rebound after Adam Rundle's long shot was parried into his path.
Lincoln equalised two minutes after the break when Tom Kennedy sliced into his own net from three yards.
Danny N'Guessan's half-volley from the edge of the box made it 2-1 and he later hit the post, but Chris Dagnall set up McEvilly to deny City victory.
Rochdale: Fielding, Ramsden, Stanton, McArdle, Kennedy, Thompson (McEvilly 61), Toner (Keltie 71), Gary Jones, Rundle, William Buckley, Le Fondre (Dagnall 68). Subs Not Used: Spencer, Evans.
Goals: Le Fondre 26, McEvilly 84.
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Goals: Kennedy 48 og, N'Guessan 62.
Att: 2,897
Ref: Michael Oliver (Northumberland).
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