Cheap Homes for Rent in Fort Sheridan Neighborhood of Highwood, IL from $1,700 (9 Rentals)

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

$1,795

Studio, 1 Bath Rentals

Available Jun 1

650 Central, Unit 6G

650 Central

Highland ParkIL60035

$1,950

2 Bedroom, 1 Bath Home for Rent

Available Now

4 S June Terrace

Lake ForestIL60045

$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

789 N McKinley Rd

Lake ForestIL60045

$2,012

2 Bedroom, 1 Bath Home for Rent

Available Now

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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$2,065

1 Bedroom, 1 Bath Rentals

Available Jun 1

432 Elm Pl, Unit 211

432 Elm Pl

Highland ParkIL60035

$2,065

1 Bedroom, 1 Bath Rentals

Available Now

696 Elm Pl, Unit 111

696 Elm Pl

Highland ParkIL60035

$2,200

3 Bedroom, 1 Bath Home for Rent

Available May 1

328 Green Bay Rd

HighwoodIL60040

View Me

$2,5003 Bedroom Apartments Available Now

316 Highwood Ave, Unit 2

316 Highwood AveHighwood, IL 60040

Cost Per Sq.Ft.

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.

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$3,300

3 Bedroom, 1 Bath Home for Rent

Available Now

423 Funston Ave

HighwoodIL60040

Showing Results 1-9, Page 1 of 1

Fort Sheridan, Highwood, IL Local Guide

Fort 2 Base Race 2012, Naval Station Great Lakes, Illinois by Nate Burgos is licensed under CC BY 2.0

How much does it cost to rent a home in Fort Sheridan?

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Fort Sheridan 2 Bedroom Homes for Rent	$1,981	$1,950	$2,012
Fort Sheridan 3 Bedroom Homes for Rent	$3,359	$2,200	$4,000
Fort Sheridan 4 Bedroom Homes for Rent	$4,537	$4,100	$4,975
Fort Sheridan 5 Bedroom Homes for Rent	$5,950	$5,950	$5,950
Fort Sheridan 6 Bedroom Homes for Rent	$11,150	$5,800	$10,000+

Browse Homes for Rent in this Neighborhood

There are currently 9 rentals with your search options within a 3 mile radius of the Fort Sheridan Neighborhood of Highwood, IL.

Explore Highwood

Fort Sheridan, Highwood, IL Local Guide

Nearby Highwood neighborhoods
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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 $1,749. 318 Walker Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,200. Here are the most affordable Fort Sheridan apartments for rent in Chicago, IL:

Apartment Listing	Model Name	Bed/Bath	Priced From
Arrive North Shore	Ashland	1BR,1BA	$1,749
318 Walker Ave	2 Bedroom	2BR,1BA	$2,200
Albion Highland Park	V1 - West	Studio,1BA	$2,321

Best Value Apartments for Rent in Fort Sheridan, IL

As of April 27, 2026 the best value apartment in the Fort Sheridan area is the $2.81 price per square foot 2 Bed 2 Bath Model at HIGHPOINT Highwood Station 440 in the in the Fort Sheridan neighborhood starting from $2,995. 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 Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
HIGHPOINT Highwood Station 440	2 Bed 2 Bath	2BR,2BA	$2.81
318 Walker Ave	2 Bedroom	2BR,1BA	$2.34
Albion Highland Park	A16 - West	1BR,1BA	$3.37
696 Elm Pl, Unit 102	696 Elm Pl	1BR,1BA	$2.71
Arrive North Shore	Palmer	1BR,1BA	$3.20

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.

Best Local Schools in
Fort Sheridan, Highwood, IL

Wayne Thomas Elementary School

North Shore School District 112

Public School - Grades K-5 (381)

10 out of 10

Northwood Jr High School

North Shore School District 112

Public School - Grades 6-8 (478)

6 out of 10

Edgewood Middle School

North Shore School District 112

Public School - Grades 6-8 (739)

6 out of 10

School data provided by Great Schools

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 $1,425 to $7,466. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Sheridan ranging from $1,950 to $16,500.

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 $1,950 to $16,500 with an average monthly rent of $4,834.

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

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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.

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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.

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