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Newest Homes for Rent in Highland, IL

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  • 1306 9th St Unit 201, Highland, IL 62249
    1306 9th St Unit 201, Highland, IL 62249
    1306 9th St Unit 201, Highland, IL 62249
    /6

    $795 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1306 9th St Unit 201, Highland, IL 62249

    Updated Highland apartment coming soon! No utilities included, pets will need owner approval, and credit score needs to be 550+. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    1306 9th St Unit 201, Highland, IL 62249
  • 621 Broadway Unit 5, Highland, IL 62249
    621 Broadway Unit 5, Highland, IL 62249
    621 Broadway Unit 5, Highland, IL 62249
    /7

    $895 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    621 Broadway Unit 5, Highland, IL 62249

    Welcome to Magnolia Apartments in Highland, IL! This cozy 1-bedroom, 1-bathroom apartment is perfect for those seeking a comfortable and convenient living space. The unit features a dishwasher, washer & dryer access, and a full kitchen for all your cooking needs. The spacious living room provides plenty of space to relax and unwind after a long day. Located in a desirable area, Magnolia

    621 Broadway Unit 5, Highland, IL 62249
  • 621 Broadway Unit 5, Highland, IL 62249
    621 Broadway Unit 5, Highland, IL 62249
    621 Broadway Unit 5, Highland, IL 62249
    /7

    $895 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    621 Broadway Unit 5, Highland, IL 62249

    Welcome to Magnolia Apartments in Highland, IL! This cozy 1-bedroom, 1-bathroom apartment is perfect for those seeking a comfortable and convenient living space. The unit features a dishwasher, washer & dryer access, and a full kitchen for all your cooking needs. The spacious living room provides plenty of space to relax and unwind after a long day. Located in a desirable area, Magnolia

    621 Broadway Unit 5, Highland, IL 62249
  • 1306 9th St Unit 201, Highland, IL 62249
    1306 9th St Unit 201, Highland, IL 62249
    1306 9th St Unit 201, Highland, IL 62249
    /6

    $795 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    1306 9th St Unit 201, Highland, IL 62249

    Updated Highland apartment coming soon! No utilities included, pets will need owner approval, and credit score needs to be 550+. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

    1306 9th St Unit 201, Highland, IL 62249
Illinois Madison County

Newest Homes for Rent in Highland, IL

Frequently Asked Questions

How much does it cost to rent a home in Highland, IL?
The median rent for a home in Highland, IL is $845 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Highland, IL?
To comfortably afford the median rent in Highland, IL, a household needs to earn roughly $33,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $845 per month in Highland, IL, renters typically need to show $2,535 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Highland, IL?
In Highland, IL, the price-to-rent ratio is 24.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Highland, IL

There are currently 4 homes available for rent in Highland, IL. The median rent is $845 per month, with single-family homes renting at $875, townhouses at $1,600 and condos at $895.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$845
Median Single Family Home Rent
$875
Median Townhouse Rent
$1,600
Median Condo Rent
$895
How to Rent a Home

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