
Cheap Homes for Rent in Fort Sheridan Neighborhood of Highwood, IL from $1,900 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Fort Sheridan area of Highwood.


1141 Waukegan Rd

696 Elm Pl

696 Elm Pl

696 Elm Pl

696 Elm Pl

701 Elm Pl
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.

701 Elm Pl

1506 Glencoe Ave

104 Michigan Ave

1121 Waukegan Rd

440 Green Bay Rd

232 S Central Ave

1478 Glencoe Ave
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.
Fort Sheridan, Highwood, IL Local Guide

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 | $2,941 | $2,012 | $5,500 |
| Fort Sheridan 3 Bedroom Homes for Rent | $3,206 | $2,395 | $3,550 |
| Fort Sheridan 4 Bedroom Homes for Rent | $5,071 | $2,685 | $6,000 |
| Fort Sheridan 5 Bedroom Homes for Rent | $6,562 | $2,800 | $10,000+ |
Browse Homes for Rent in this Neighborhood
There are currently 14 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 $1,879. Albion Highland Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,985. Here are the most affordable Fort Sheridan apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrive North Shore | Palmer | 1BR,1BA | $1,879 |
| Albion Highland Park | S6 - West | Studio,1BA | $1,985 |
| HIGHPOINT Highwood Station 440 | 1Bed 1Bath | 1BR,1BA | $2,249 |
| Webster Place | 3BR/2.5BA | 3BR,2BA | $4,125 |
Best Value Apartments for Rent in Fort Sheridan, IL
As of January 24, 2026 the best value apartment in the Fort Sheridan 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 Fort Sheridan apartment is the C5 - East Model at Albion Highland Park starting at $3,699 with a $3.48 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Webster Place | 3BR/2.5BA | 3BR,2.5BA | $2.30 |
| Albion Highland Park | C5 - East | 2BR,2BA | $3.48 |
| 542 Green Bay Rd, Unit 209 | 542 Green Bay Rd | 2BR,2BA | $2.53 |
| HIGHPOINT Highwood Station 440 | 1Bed 1Bath | 1BR,1BA | $2.61 |
| 869 N McKinley Rd, Unit 2 | 869 N McKinley Rd | 2BR,1BA | $2.86 |
| 704 Elm Pl, Unit J06P | 704 Elm Pl | 1BR,1BA | $2.93 |
| Arrive North Shore | Palmer | 1BR,1BA | $3.29 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Fort Sheridan, Highwood, IL
Wayne Thomas Elementary School
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 $1,285 to $5,995. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fort Sheridan ranging from $1,995 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 $1,995 to $12,000 with an average monthly rent of $3,962.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.