Cheap Homes for Rent in Downtown Highland Park Neighborhood of Highland Park, IL from $1,900 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Highland Park area of Highland Park.

696 Elm Pl

701 Elm Pl

696 Elm Pl

1506 Glencoe Ave

701 Elm Pl
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.

696 Elm Pl

104 Michigan Ave

1849 Green Bay Rd

1850 Green Bay Rd

1478 Glencoe Ave

232 S Central Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Downtown Highland Park, Highland Park, IL Local Guide

How much does it cost to rent a home in Downtown Highland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Highland Park 2 Bedroom Homes for Rent | $2,725 | $2,012 | $4,470 |
| Downtown Highland Park 3 Bedroom Homes for Rent | $3,436 | $2,395 | $4,950 |
| Downtown Highland Park 5 Bedroom Homes for Rent | $5,225 | $4,500 | $5,950 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Highland Park Neighborhood of Highland Park, IL.
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Downtown Highland Park, Highland Park, IL Local Guide
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Cheapest Available Downtown Highland Park Apartments for Rent
 The cheapest available apartment rental in the Downtown Highland Park area of Chicago, IL is a 1 Bed unit found at Renaissance Place in Highland Park priced from $1,900. Albion Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,985. Here are the most affordable Downtown Highland Park apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $1,900 |
| Albion Highland Park | S6 - West | Studio,1BA | $1,985 |
| Bloom Street Townhomes - 425 Bloom St | Interior Unit | 3BR,2BA | $5,275 |
Best Value Apartments for Rent in Downtown Highland Park, IL
As of December 14, 2025 the best value apartment in the Downtown Highland Park area is the $2.67 price per square foot Interior Unit Model at Bloom Street Townhomes - 425 Bloom St in the in the Briergate Station neighborhood starting from $5,275. The second greatest value Downtown Highland Park apartment is the 2500 Green Bay Rd Model at 2500 Green Bay Rd, Unit 2502 starting at $3,200 with a $1.68 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bloom Street Townhomes - 425 Bloom St | Interior Unit | 3BR,2.5BA | $2.67 |
| 2500 Green Bay Rd, Unit 2502 | 2500 Green Bay Rd | 3BR,2.5BA | $1.68 |
| Albion Highland Park | C16 - West | 2BR,2BA | $3.46 |
| 633 Glenview Ave, Unit 2 | 633 Glenview Ave | 2BR,1BA | $2.33 |
| Renaissance Place in Highland Park | 1Bed/1Bath | 1BR,1BA | $1.98 |
| 696 Elm Pl, Unit 210 | 696 Elm Pl | 1BR,1BA | $2.93 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleDowntown Highland Park, Highland Park, IL
Ranked #4
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Downtown Highland Park
What type of rentals are currently available in Downtown Highland Park?
There are currently 51 Apartments for Rent in Downtown Highland Park, IL with pricing that ranges from $1,325 to $5,450. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Highland Park ranging from $1,995 to $7,000.
What is the current price range for Rental Homes in Downtown Highland Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Highland Park ranges from $1,995 to $7,000 with an average monthly rent of $4,100.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
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.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
