Cheap Apartments for Rent in the Fort Sheridan Neighborhood of Highwood, IL from $900 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fort Sheridan area of Highwood.

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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696 Elm Pl
$1,695 - $1,895
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $1,895

Total Monthly Price
$1,695 - $1,895
Studio to 1 Bedroom Apartment Available Now

696 Elm Pl

696 Elm PlHighland Park, IL 60035

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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.

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Albion Highland Park
$2,321 - $7,466
Total Monthly Price

Total Monthly Price

Base Rent
$2,321 - $7,466

Total Monthly Price
$2,321 - $7,466
Studio to 3 Bedroom Apartments Available Now

Albion Highland Park

1850 Green Bay RdHighland Park, IL 60035
Family Friendly
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property at 1770 1st St

$2,395 - $3,195

1 To 2 Bedroom Rentals

Available Now

1770 1st St

Highland ParkIL60035
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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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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.

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Laurel Apartments
1 to 3 Bedroom Apartments

Laurel Apartments

833 Laurel AveHighland Park, IL 60035

Fort Sheridan, Highwood, IL Local Guide

Cheapest Available Fort Sheridan Apartments for Rent

 

The cheapest available apartment rental in the Fort Sheridan area of Chicago, IL is a 1 Bed unit found at Arrive North Shore priced from $1,719. HIGHPOINT Highwood Station 546 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,019. Here are the most affordable Fort Sheridan apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Arrive North ShorePalmer1BR,1BA$1,719
HIGHPOINT Highwood Station 5461 Bed 1 Bath1BR,1BA$2,019
Park Townhomes of Highland Park1BR/1.5BA1BR,1BA$2,160
318 Walker Ave2 Bedroom2BR,1BA$2,200
Albion Highland ParkV1 - WestStudio,1BA$2,321
HIGHPOINT Highwood Station 4402 Bed 2 Bath2BR,2BA$2,872

Best Value Apartments for Rent in Fort Sheridan, IL

As of May 04, 2026 the best value apartment in the Fort Sheridan area is the $2.70 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Highwood Station 440 in the in the Fort Sheridan neighborhood starting from $2,872. The second greatest value Fort Sheridan apartment is the 2 Bedroom Model at 318 Walker Ave starting at $2,200 with a $2.34 price per square foot in the Downtown Highland Park neighborhood. Here is today’s list of the best values for Fort Sheridan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
HIGHPOINT Highwood Station 4402 Bed 2 Bath2BR,2BA$2.70
318 Walker Ave2 Bedroom2BR,1BA$2.34
Albion Highland ParkA16 - West1BR,1BA$3.37
HIGHPOINT Highwood Station 5461 Bed 1 Bath1BR,1BA$2.54
Park Townhomes of Highland Park1BR/1.5BA1BR,1.5BA$2.82
Arrive North ShorePalmer1BR,1BA$3.01
696 Elm Pl696 Elm PlStudio ,1BA$4.52

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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.

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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.

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Frequently Asked Questions about Cheap Fort Sheridan Apartments

What is the price of a cheap apartment in Fort Sheridan?

The cheapest apartment in Fort Sheridan is Arrive North Shore which is listed at $1,719, while the average apartment in Fort Sheridan costs $2,975.

What types of apartments are the cheapest in Fort Sheridan?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Fort Sheridan that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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