Cheap Apartments for Rent in the Downtown Highland Park Neighborhood of Highland Park, IL from $900 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Highland Park area of Highland Park.

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Albion Highland Park
$2,041 - $7,476
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$2,041 - $7,476

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Studio to 3 Bedroom Apartments Available Now

Albion Highland Park

1850 Green Bay RdHighland Park, IL 60035
Family Friendly
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1655 McGovern Ave
3 Bedroom Apartments

1655 McGovern Ave

1655 McGovern AveHighland Park, IL 60035
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1675 Green Bay Rd
Studio to 2 Bedroom Apartments

1675 Green Bay Rd

1675 Green Bay RdHighland Park, IL 60035
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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1560 Oakwood Ave
2 Bedroom Apartments

1560 Oakwood Ave

1560 Oakwood AveHighland Park, IL 60035
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1660 Green Bay Road
Studio to 1 Bedroom Apartments

1660 Green Bay Road

1660 Green Bay RdHighland Park, IL 60035
  • Utilities Included
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1646 2nd St
1 Bedroom Apartments

1646 2nd St

1646 2nd StHighland Park, IL 60035
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376 Park Ave
2 to 3 Bedroom Apartments

376 Park Ave

376 Park AveHighland Park, IL 60035
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237 High St
1 Bedroom Apartments

237 High St

237 High StHighwood, IL 60040

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Downtown Highland Park, Highland Park, IL Local Guide

Cheapest Available Downtown Highland Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Park Townhomes of Highland Park1BR/1.5BA1BR,1BA$2,160
Albion Highland ParkV1 - WestStudio,1BA$2,331

Best Value Apartments for Rent in Downtown Highland Park, IL

As of June 18, 2026 the best value apartment in the Downtown Highland Park area is the $3.29 price per square foot D8 - East Model at Albion Highland Park in the in the Briergate Station neighborhood starting from $7,476. The second greatest value Downtown Highland Park apartment is the 350 Prairie Ave Model at 350 Prairie Ave, Unit A starting at $2,100 with a $1.75 price per square foot in the Briergate Station neighborhood. Here is today’s list of the best values for Downtown Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion Highland ParkD8 - East3BR,3BA$3.29
350 Prairie Ave, Unit A350 Prairie Ave3BR,1BA$1.75
Park Townhomes of Highland Park1BR/1.5BA1BR,1.5BA$2.82

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Highland Park, Highland Park, IL

Ranked #4

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Highland Park Apartments

How much is rent for a Cheap One Bedroom Downtown Highland Park Apartment?

The lowest price for a Cheap One Bedroom Downtown Highland Park Apartment is $2,160 at Park Townhomes of Highland Park.

What is the lowest price for a Cheap Two Bedroom Downtown Highland Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Highland Park is starting from $3,741 at Albion Highland Park.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.