Cheap Apartments for Rent in Highwood, IL
15 rentals
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Use arrow keys to navigatePET FRIENDLY$2,019 - $3,399/mo
1-2 Beds
1-2 BathsHIGHPOINT Highwood Station 546 | 546 Green Bay Rd #203,
Highwood, IL 60040
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PET FRIENDLY$2,248 - $3,361/mo1-2 Beds1-2 BathsHIGHPOINT Highwood Station 440 | 440 Green Bay Rd #502,
Highwood, IL 60040
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Apartments For Rent Near Highwood, IL
We found 30 more apartments matching your filters just outside Highwood
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SPECIAL OFFERPET FRIENDLY$825 - $1,035/moStudio1 Bath1807-09 N. Lincoln Park West | 1807 N Lincoln Park #7-308,
Chicago, IL 60614
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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 stayed about the same in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,550 |
| 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 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,059 | $3,061 | $2,250 | $5,000 | $2,400 |
| Townhomes | — | — | — | $5,000 | $5,000 |
| Apartments and Condos | — | $2,000 | $1,950 | — | $2,000 |
| Houses | — | — | — | $3,600 | $3,600 |
Frequently Asked Questions about Rentals in Highwood, IL
- What is the average rent in Highwood, IL?The average rent in Highwood, IL is $2,400. Rent prices range from $1,719 to as much as $5,600, depending on the type of rental.
- How does the rent in Highwood, IL compare to the national average?Average rent in Highwood, IL is about 26% higher than the national average rent of $1,910. That means it is more expensive to rent in Highwood compared to the U.S. average.
- What is the average rent in Highwood, IL, by number of bedrooms?The average rent in Highwood, IL is $ for a studio, $2,059 for a 1 bedroom, $3,061 for a 2 bedroom, $2,250 for a 3 bedroom, and $5,000 for a 4 bedroom.
- How have rent prices in Highwood, IL changed compared to last year?In the past year, the average rent price in Highwood, IL has decreased by $500. That means the average rent is 21% lower than last year.
- How many available rental listings are in Highwood, IL?There are 14 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.