Cheap Homes for Rent in Fort Sheridan Neighborhood of Highwood, IL from $1,600 (14 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 the Fort Sheridan area of Highwood.

property at 696 Elm Pl

696 Elm Pl

Highland ParkIL60035

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

property at 1230 Park Ave W

1230 Park Ave W

Highland ParkIL60035

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 Studio unit found at Albion Highland Park priced from $1,895. Woodview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,949. Here are the most affordable Fort Sheridan apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Albion Highland ParkS6 - WestStudio,1BA$1,895
Woodview ApartmentsD11BR,1BA$1,949
Webster Place3BR/2.5BA3BR,2BA$4,125

Best Value Apartments for Rent in Fort Sheridan, IL

As of May 11, 2025 the best value apartment in the Fort Sheridan area is the $2.00 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 Fort Sheridan apartment is the 2 Bed Model at Ravinia Crossing starting at $3,025 with a $2.50 price per square foot in the Briergate Station 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.
Webster Place3BR/2.5BA3BR,2.5BA$2.00
Ravinia Crossing2 Bed2BR,2BA$2.50
696 Elm Pl, Unit 304696 Elm Pl2BR,2BA$2.18
Albion Highland ParkC6 - East2BR,2BA$3.59
696 Elm Pl, Unit A02C696 Elm Pl2BR,2BA$2.40
679 Park Ave W, Unit 2679 Park Ave W1BR,1BA$2.37
Woodview ApartmentsB21BR,1BA$3.22

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 Fort Sheridan

What type of rentals are currently available in Fort Sheridan?

There are currently 87 Apartments for Rent in Fort Sheridan, IL with pricing that ranges from $1,150 to $5,450. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Sheridan ranging from $1,695 to $12,000.

What is the current price range for Rental Homes in Fort Sheridan?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fort Sheridan ranges from $1,695 to $12,000 with an average monthly rent of $4,102.

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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.