Cheap Apartments for Rent in Highwood, IL

18 rentals

Apartments For Rent Near Highwood, IL

We found 30 more apartments matching your filters just outside Highwood

Average Rent Trends in Highwood, IL

Rent in Highwood, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jul 2025$2,400
Aug 2025$2,432
Sep 2025$2,413
Oct 2025$2,395
Nov 2025$2,395
Dec 2025$2,622
Jan 2026$2,395
Feb 2026$2,565
Mar 2026$2,865
Apr 2026$2,500
May 2026$2,500
Jun 2026$2,450
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$2,000$2,200$2,550$5,000$2,550
Townhomes——$3,000$5,000$5,000
Apartments and Condos$1,500$2,200$2,500$3,425$2,350
See more information about local market trends in Highwood, IL

Frequently Asked Questions about Rentals in Highwood, IL

  • What is the average rent of an apartment in Highwood, IL?
    The average rent of an apartment in Highwood, IL is $3,021 per month. This is about 55% higher than the national average.
  • What is the average rent of a townhome in Highwood, IL?
    The average rent of a townhome in Highwood, IL is $5,000 per month. This is about 156% higher than the national average.
  • When is the average rent cheapest in Highwood, IL?
    In the last year, the average rent in Highwood, IL was lowest in Mar 2025 when it was $2,200 per month.
  • When is the average rent most expensive in Highwood, IL?
    In the last year, the average rent in Highwood, IL was highest in May 2025 when it was $2,921 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Highwood, IL?
    The average rent of a 1 bedroom apartment in Highwood, IL is $2,000 per month. That is about $900 more than the cost of a studio apartment.
  • How many available rental listings are in Highwood, IL?
    There are 17 available rental listings in Highwood, IL.
  • What are some zip codes in Highwood, IL?
    Highwood, IL includes zip codes such as: 60040.
  • What are some cities near Highwood, IL?
    Some nearby cities include: Fort Sheridan, Highland Park, Bannockburn, Lake Forest, Deerfield. These cities may have more rental options to explore.