
Cheap Homes for Rent in Highland Park, IL from $1,500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Highland Park.


366 Park Ave, Unit 20

343 Park Ave, Unit 7

366 Park Ave, Unit 70

447 Roger Williams Ave, Unit 730-08

730 Judson Ave, Unit 80

366 Park Ave, Unit 30
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.

725 St Johns Ave, Unit 60

485 Roger Williams Ave, Unit 725-06

725 St Johns Ave, Unit 6

725 St Johns Ave, Unit 31

730 Judson Ave, Unit 71

730 Judson Ave, Unit 17

725 St Johns Ave, Unit 21
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.

1337 1st St

725 St Johns Ave, Unit 91

725 St Johns Ave, Unit 90

696 Elm Pl, Unit 111

432 Elm Pl, Unit 211

696 Elm Pl, Unit 111

432 Elm Pl, Unit 003
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Highland Park, IL Local Guide

How much does it cost to rent a home in Highland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Park 2 Bedroom Homes for Rent | $2,691 | $1,900 | $4,495 |
| Highland Park 3 Bedroom Homes for Rent | $3,717 | $2,395 | $5,000 |
| Highland Park 4 Bedroom Homes for Rent | $7,487 | $4,975 | $10,000+ |
| Highland Park 5 Bedroom Homes for Rent | $15,475 | $5,950 | $10,000+ |
| Highland Park 6 Bedroom Homes for Rent | $35,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Highland Park
Explore Highland Park
Highland Park, IL Local Guide
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Cheapest Available Highland Park Apartments for Rent
 The cheapest available apartment rental in Highland Park, IL is a 1 Bed unit found at Arrive North Shore in the Fort Sheridan neighborhood priced from $1,759. 548-552 Sheridan Rd in the Fort Sheridan neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,800. Here is today’s list of the most affordable Highland Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrive North Shore | Palmer | 1BR,1BA | $1,759 |
| 548-552 Sheridan Rd | 1BR/1BA | 1BR,1BA | $1,800 |
| Ravinia Crossing | 1 Bed | 1BR,1BA | $1,950 |
| Springs at Lake Cook Crossing | Studio Haven Summit | Studio,1BA | $1,956 |
| HIGHPOINT Highwood Station 546 | 1 Bed 1 Bath | 1BR,1BA | $1,973 |
Best Value Apartments for Rent in Highland Park, IL
As of June 11, 2026 the best value apartment in the Highland Park area is the $2.90 price per square foot 2 bed Model at Ravinia Crossing in the in the Briergate Station neighborhood starting from $3,500. The second greatest value 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 Highland Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ravinia Crossing | 2 bed | 2BR,2BA | $2.90 |
| 350 Prairie Ave, Unit A | 350 Prairie Ave | 3BR,1BA | $1.75 |
| TGM NorthShore | B10 | 2BR,2BA | $2.96 |
| HIGHPOINT Highwood Station 546 | 2 Bed 2 Bath | 2BR,2BA | $2.53 |
| HIGHPOINT Highwood Station 440 | 2 Bed 2 Bath | 2BR,2BA | $2.59 |
| Elaine Luxury Apartments | A6 | 2BR,1BA | $3.06 |
| Park Townhomes | 1BR/1.5BA | 1BR,1.5BA | $2.82 |
| 338 Tudor Ct | 338 Tudor Ct | 1BR,1BA | $2.50 |
| 124 S Central Ave, Unit First Floor Apartment | 124 S Central Ave | 1BR,1BA | $2.36 |
| 725 Saint Johns Ave, Unit #19 | 725 Saint Johns Ave | 1BR,1BA | $2.85 |
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 ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal 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.
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.
Best Local Schools in Highland Park, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Highland Park, IL Rentals by Map
See the most popular apartments and homes in Highland Park, IL
Frequently Asked Questions about Highland Park
What type of rentals are currently available in Highland Park?
There are currently 118 Apartments for Rent in Highland Park, IL with pricing that ranges from $1,495 to $17,591. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $1,565 to $35,000.
What is the current price range for Rental Homes in Highland Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Highland Park ranges from $1,565 to $35,000 with an average monthly rent of $9,730.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
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.