Cheap Homes for Rent in Highland Park, IL from $1,600 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Highland Park.

property at 373 Hazel Ave

373 Hazel Ave

GlencoeIL60022

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.

property at 696 Elm Pl

696 Elm Pl

Highland ParkIL60035

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Highland Park, IL Local Guide

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 Downtown Lake Forest neighborhood priced from $1,915. Albion Highland Park in the Briergate Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,985. Here is today’s list of the most affordable Highland Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrive North ShorePalmer1BR,1BA$1,915
Albion Highland ParkS6 - WestStudio,1BA$1,985
TGM NorthShoreA21BR,1BA$2,185
Renaissance Place in Highland Park1Bed/1Bath1BR,1BA$2,200
Elaine Luxury ApartmentsA1HC1BR,1BA$2,350
HIGHPOINT Highwood Station 5462 Bed 2 Bath2BR,2BA$2,388
HIGHPOINT Highwood Station 4402 Bed 2 Bath2BR,2BA$2,950

Best Value Apartments for Rent in Highland Park, IL

As of June 05, 2025 the best value apartment in the Highland Park area is the $1.92 price per square foot 3BR/2.5BA Model at Webster Place in the in the Fort Sheridan neighborhood starting from $3,953. The second greatest value Highland Park apartment is the 2 Bed 2 Bath + Den Model at HIGHPOINT Highwood Station 546 starting at $2,842 with a $2.31 price per square foot in the Downtown Lake Forest neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Webster Place3BR/2.5BA3BR,2.5BA$1.92
HIGHPOINT Highwood Station 5462 Bed 2 Bath + Den2BR,2BA$2.31
Ravinia Crossing2 Bed2BR,2BA$2.50
956 Chestnut St, Unit #1956 Chestnut St3BR,1BA$2.55
HIGHPOINT Highwood Station 4402 Bed 2 Bath2BR,2BA$2.77
Renaissance Place in Highland Park1Bed/1Bath1BR,1BA$2.29
Elaine Luxury ApartmentsA1HC1BR,1BA$3.05
725 Saint Johns Ave, Unit 02725 Saint Johns Ave1BR,1BA$2.64
TGM NorthShoreA21BR,1BA$3.28
Arrive North ShorePalmer1BR,1BA$3.35

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Highland Park

What type of rentals are currently available in Highland Park?

There are currently 112 Apartments for Rent in Highland Park, IL with pricing that ranges from $1,275 to $5,275. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $1,625 to $29,000.

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 $1,625 to $29,000 with an average monthly rent of $4,704.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.