If you ever want to know the basic idea of what a DHCP (Dynamic Host Configuration Protocol) server is, let me explain more simply without complicating the context. The DHCP is simply a network server that generally helps in assigning IP addresses, default gateways, and many other such parameters to different devices. Every router that is coming out today has a DHCP setting, and Linksys router DHCP setup is quite simple. Any device getting connected to a network will be assigned a dynamic IP address by the router.
Follow the steps as described below to set up DHCP in your Linksys router.
You can also set for a DHCP reservation. A reservation will set a permanent IP address to a particular connected device.