$1,050 Per Month
- 2 Beds
- 1 Bath
- 905 Sq Ft
- Apartment for Rent
919 Mulberry St Unit 225, Highland, IL 62249
Megan VanOrden Hughes Group LLC
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 $1,050 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses and condos 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 $42,000 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 $1,050 per month in Highland, IL, renters typically need to show $3,150 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 19.6, 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.
