
Cheap Homes for Rent in Highland Park, IL from $1,400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Highland Park.


1970 Cherry Ln

1141 Waukegan Rd

701 Elm Pl

348 Park Ave

1149 Deerfield Rd, Unit A

730 St Johns Ave
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.

485 Roger Williams Ave

696 Elm Pl

701 Elm Pl

701 Elm Pl

696 Elm Pl

696 Elm Pl

696 Elm Pl
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.
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 | $2,826 | $1,825 | $4,400 |
| Highland Park 3 Bedroom Homes for Rent | $4,271 | $2,395 | $7,000 |
| Highland Park 4 Bedroom Homes for Rent | $5,047 | $2,685 | $6,800 |
| Highland Park 5 Bedroom Homes for Rent | $11,050 | $2,800 | $10,000+ |
Browse Top Homes for Rent in Highland Park
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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 $1,779. Elaine Luxury Apartments in the Downtown Northbrook neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. 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 | Ashland | 1BR,1BA | $1,779 |
| Elaine Luxury Apartments | A0 | 1BR,1BA | $1,900 |
| Ravinia Crossing | 1 Bed | 1BR,1BA | $1,950 |
| Albion Highland Park | S6 - West | Studio,1BA | $1,985 |
Best Value Apartments for Rent in Highland Park, IL
As of January 21, 2026 the best value apartment in the Highland Park area is the $2.30 price per square foot 3BR/2.5BA Model at Webster Place in the in the Fort Sheridan neighborhood starting from $4,125. The second greatest value Highland Park apartment is the 338 Tudor Ct Model at 338 Tudor Ct, Unit 347-02 starting at $2,995 with a $2.72 price per square foot in the Braeside 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. |
|---|---|---|---|
| Webster Place | 3BR/2.5BA | 3BR,2.5BA | $2.30 |
| 338 Tudor Ct, Unit 347-02 | 338 Tudor Ct | 3BR,1BA | $2.72 |
| 542 Green Bay Rd, Unit 209 | 542 Green Bay Rd | 2BR,2BA | $2.53 |
| HIGHPOINT Highwood Station 440 | 1Bed 1Bath | 1BR,1BA | $2.61 |
| 435 Park Ave, Unit J08P | 435 Park Ave | 1BR,1BA | $2.42 |
| 725 Saint Johns Ave, Unit 21 | 725 Saint Johns Ave | 1BR,1BA | $2.64 |
| 342 Park Ave, Unit A06C | 342 Park Ave | 1BR,1BA | $2.56 |
| 727 Saint Johns Ave, Unit A06C | 727 Saint Johns Ave | 1BR,1BA | $2.71 |
| 730 Judson Ave, Unit Judson Ave 1BR | 730 Judson Ave | 1BR,1BA | $2.56 |
| 385 Park Ave, Unit J01P | 385 Park Ave | Studio ,1BA | $2.79 |
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 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 ArticleCash 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.
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 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
Wayne Thomas Elementary School
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 125 Apartments for Rent in Highland Park, IL with pricing that ranges from $1,175 to $15,924. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Highland Park ranging from $1,400 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 $1,400 to $29,000 with an average monthly rent of $4,483.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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!