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Newest Homes for Rent in Highland Park, IL

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  • /51

    Starting at $2,987

    Total Monthly Price

    • Studio - 3 Beds

    1850 Green Bay Rd, Highland Park, IL 60035

    Albion Highland Park's stunning luxury apartment homes in Highland Park, IL are centrally located West and East of Green Bay Rd, delivering the perfect balance of private upscale living and the tranquility of Sunset Woods. This desirable Highland Park apartment community is characterized by two distinct modern apartment interiors in both buildings, thoughtfully designed amenity spaces both inside

    Albion Highland Park

    1850 Green Bay Rd, Highland Park, IL 60035
  • /20

    Starting at $3,400 Per Month

    • 2 - 3 Beds

    1755 Lake Cook Rd, Highland Park, IL 60035

    Welcome to Americana Apartments, a great place to call home. Washer & dryer in apartment, fireplace, balcony, pool & sundeck, high speed internet available, indoor garage included. Individual controlled heat & air conditioning. Furnished apartments available, balcony, elevator, blinds, carpeting, close to toll way & Eden's Highway. Close to downtown Highland Park & train, Northbrook Court & Old

    Americana Apartments

    1755 Lake Cook Rd, Highland Park, IL 60035
  • /8

    Starting at $2,500 Per Month

    • 2 Beds

    318 Walker Ave, Highland Park, IL 60035

    Welcome to this beautifully situated apartment home nestled on a quiet, tree-lined street in one of Highland Park's most desirable neighborhoods. This spacious property offers a bright, comfortable layout with generous living areas, abundant natural light, and timeless character throughout.The location can't be beat just minutes from downtown Highland Park, 1/2 mile to Metra & Lake

    318 Walker Ave, Highland Park, IL 60035
  • /2

    $1,595 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    432 Elm Place Unit 903, Highland Park, IL 60035

    AVAILABLE NOVEMBER! Delightful studio in the heart of downtown Highland Park features rehabbed kitchen with stainless steel appliances, dishwasher, spacious living area, built in AC unit, great closet space, rehabbed bathroom, hardwood floors throughout, laundry in unit, pets welcome, and one parking spot included! Near Highland Park Metra stop, steps to shops and restaurants, and a couple blocks

    432 Elm Place Unit 903, Highland Park, IL 60035
  • /2

    $2,895 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    432 Elm Place Unit 402, Highland Park, IL 60035

    AVAILABLE NOVEMBER! Bright two bedroom, two bathroom in the heart of downtown Highland Park features rehabbed kitchen with dishwasher, spacious living area, built in AC, equal sized bedrooms, great closet space, rehabbed bathrooms, hardwood floors throughout, laundry in unit, pets welcome, and one parking spot included! Near Highland Park Metra stop, steps to shops and restaurants, and a couple

    432 Elm Place Unit 402, Highland Park, IL 60035
  • /20

    $2,695 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    725 St Johns Ave Unit 1, Highland Park, IL 60035

    AVAILABLE NOVEMBER! Sensational two bedroom, one bathroom in the heart of downtown Highland Park features rehabbed kitchen with espresso cabinets, stainless steel appliances, dishwasher, separate dining area, spacious living room with ceiling fan, equal sized bedrooms, great closet space, rehabbed bathroom, hardwood floors throughout, laundry in unit, and pets are welcome! Across from Ravinia

    725 St Johns Ave Unit 1, Highland Park, IL 60035
  • /20

    $2,595 Per Month

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • Condo for Rent

    432 Elm Place Unit 403, Highland Park, IL 60035

    AVAILABLE NOVEMBER! Dazzling two bedroom, two bathroom in the heart of downtown Highland Park features rehabbed kitchen with dishwasher, spacious living area, built in AC, equal sized bedrooms, great closet space, rehabbed bathrooms, hardwood floors throughout, laundry in unit, pets welcome, and one parking spot included! Near Highland Park Metra stop, steps to shops and restaurants, and a couple

    432 Elm Place Unit 403, Highland Park, IL 60035
  • /6

    Starting at $2,160 Per Month

    • 1 - 2 Beds

    1900 Green Bay Rd, Highland Park, IL 60035

    Open concept 1 and 2 bedroom 1.5 bath townhome in downtown Highland Park.Park Townhomes features custom kitchens with stainless steel appliances, quartz countertops, new cabinetry, and an island countertop with room for seating. The open-concept floor plan is highlighted with laminate hardwood floors and a modern color scheme throughout, which is perfect for entertaining, cooking, and

    Park Townhomes of Highland Park

    1900 Green Bay Rd, Highland Park, IL 60035
  • /20

    $1,795 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    725 St Johns Ave Unit 31, Highland Park, IL 60035

    AVAILABLE NOW! Comfortable and Convenient one bedroom, one bathroom in the heart of downtown Highland Park features rehabbed kitchen with espresso cabinets, stainless steel appliances, dishwasher, separate dining area, spacious living room, large bedroom, great closet space, rehabbed bathroom, hardwood floors throughout, laundry in unit, and pets are welcome! Across from Ravinia Metra stop, steps

    725 St Johns Ave Unit 31, Highland Park, IL 60035
  • /20

    $1,895 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    730 Judson Ave Unit 60, Highland Park, IL 60035

    AVAILABLE NOW! Unreal one bedroom, one bathroom in the heart of downtown Highland Park features rehabbed kitchen with espresso cabinets, granite countertops, stainless steel appliances, dishwasher, spacious living area, large bedroom, great closet space, rehabbed bathroom, hardwood floors throughout, laundry in unit, and pets are welcome! Across from Ravinia Metra stop, steps to shops and

    730 Judson Ave Unit 60, Highland Park, IL 60035
  • /20

    $1,950 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    730 Judson Ave Unit 31, Highland Park, IL 60035

    AVAILABLE NOW! Amazing one bedroom, one bathroom in the heart of downtown Highland Park features brand new kitchen with modern white cabinets, breakfast bar, stainless steel appliances, dishwasher, spacious living area with ceiling fan, large bedroom, great closet space, brand new bathroom, hardwood floors throughout, laundry in unit, and pets welcome! Across from Ravinia Metra stop, steps to

    730 Judson Ave Unit 31, Highland Park, IL 60035
  • /20

    $2,795 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    730 Judson Ave Unit 51, Highland Park, IL 60035

    AVAILABLE NOW! Excellent two bedroom, one bathroom in the heart of downtown Highland Park features new kitchen with stainless steel appliances, dishwasher, spacious living area, large bedrooms, great closet space, new bathroom, hardwood floors throughout, laundry in unit, and pets are welcome! Across from Ravinia Metra stop, steps to shops and restaurants, and a couple blocks to the Beach!

    730 Judson Ave Unit 51, Highland Park, IL 60035
  • /15

    $1,650 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    730 Judson Ave Unit 90, Highland Park, IL 60035

    AVAILABLE NOW! Alluring studio in the heart of downtown Highland Park features rehabbed kitchen with espresso cabinets, stainless steel appliances, dishwasher, spacious living area with ceiling fan, great closet space, rehabbed bathroom, hardwood floors throughout, laundry in unit, and pets welcome! Across from Ravinia Metra stop, steps to shops and restaurants, and a couple blocks to the Beach!

    730 Judson Ave Unit 90, Highland Park, IL 60035
  • /20

    $1,695 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    725 St Johns Ave Unit 91, Highland Park, IL 60035

    AVAILABLE NOW! Valuable one bedroom, one bathroom in the heart of downtown Highland Park features brand new kitchen with espresso cabinets, granite countertops, stainless steel appliances, dishwasher, combination living and dining rooms with ceiling fan, spacious bedroom, great closet space, brand new bathroom, hardwood floors throughout, laundry in unit, and pets are welcome! Across from Ravinia

    725 St Johns Ave Unit 91, Highland Park, IL 60035
  • /19

    $1,950

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    730 Judson Ave Unit A0, Highland Park, IL 60035

    730 Judson unit 06Judson + Roger WilliamsHighland Park$1950 per MonthAvailable: 09/15/2026Terrific one bedroom in the heart of downtown Highland Park features brand new kitchen with espresso cabinets, stainless steel appliances, dishwasher, spacious living area with ceiling fan, great closet space, brand new bathroom, hardwood floors throughout, laundry in unit, and pets

    730 Judson Ave Unit A0, Highland Park, IL 60035
  • /10

    $2,595 Per Month

    • 2 Beds
    • 2 Baths
    • Condo for Rent

    696 Elm Place Unit 304, Highland Park, IL 60035

    Lovely 2 bedroom apartment features hardwood floors, renovated kitchen & bathroom. Plenty of closet space. Near Sunset Woods Park. Close to restaurants, shopping, movie theater, Metra and more. Cooking gas included. Pets welcome. Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building.

    696 Elm Place Unit 304, Highland Park, IL 60035
  • /15

    $3,450 Per Month

    • 3 Beds
    • 1.5 Baths
    • House for Rent

    1623 Mcgovern St, Highland Park, IL 60035

    Vintage charm meets an unbeatable downtown Highland Park location! This character-filled 3-bedroom home features beautiful hardwood floors, a spacious light-filled living room, separate dining room with large bay windows, and a flexible main-level bedroom that can also make a great home office. The bright kitchen offers plenty of workspace and storage, while the enclosed sunroom adds another

    Shari Saratovsky Core Realty & Investments, Inc

    1623 Mcgovern St, Highland Park, IL 60035
  • /9

    $1,650 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    447 Roger Williams Ave Unit 730-09, Highland Park, IL 60035

    Must see renovated Studio apartment! Features hardwood floors, updated kitchen & bath, spacious living area, laundry in-unit. Pet friendly building. Steps to Jens Jensen Park. Close to Metra, restaurants and more! Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building.

    447 Roger Williams Ave Unit 730-09, Highland Park, IL 60035
  • /13

    $1,795 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    485 Roger Williams Ave Unit 725-13, Highland Park, IL 60035

    Beautiful renovated 1 bedroom apartment! Features hardwood floors, updated kitchen & bath, separate dining area. Laundry in-unit. Pets welcome. Close to Metra, parks, restaurants, Ravinia and more! Presented by Fulton Grace, Chicago IL. *Pictures may be of a similar unit in building.

    485 Roger Williams Ave Unit 725-13, Highland Park, IL 60035
  • /7

    $2,200 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Apartment for Rent

    1155 Saint Johns Ave Unit H, Highland Park, IL 60035

    Welcome to beautiful Highland Park. This well-appointed apartment offers a perfect blend of comfort and convenience in a desirable Highland Park location. The newly rehabbed interior, complete with stainless steel appliances, provides a fresh and modern living space. With utilities and parking included in the rent, tenants can enjoy a hassle-free living experience. Walking distance to public

    Paula Avenaim Coldwell Banker Realty

    1155 Saint Johns Ave Unit H, Highland Park, IL 60035
  • /8

    $2,350 Per Month

    • 2 Beds
    • 1.5 Baths
    • Apartment for Rent

    1988 Green Bay Rd Unit 1, Highland Park, IL 60035

    Fabulous downtown Highland Park townhome offering a bright, spacious layout and an unbeatable location. The main level features an eat-in kitchen and a generously sized living room highlighted by an exposed brick accent wall and sliding doors leading to a private balcony. The second level includes a spacious primary bedroom with exposed brick detail, a second bedroom, and a shared full bath.

    Benjamin Lissner Baird & Warner

    1988 Green Bay Rd Unit 1, Highland Park, IL 60035
  • /15

    $2,750 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,650 Sq Ft
    • Townhouse for Rent

    1536 Mcdaniels Ave, Highland Park, IL 60035

    Property Id: 291468 Beautifully remodeled three story duplex! 3 bedroom 1.5 bathroom. Located in a secluded cul de sac within walking distance of downtown Highland Park and located near train station and all major expressways. Brand new stainless steel kitchen appliances, soft close cabinets and quartz countertops. Brand new washer and dryers,New flooring throughout. Property includes a

    1536 Mcdaniels Ave, Highland Park, IL 60035
  • /8

    $1,850 Per Month

    • 2 Beds
    • 1 Bath
    • 1,054 Sq Ft
    • Townhouse for Rent

    667 Homewood Ave Unit 2, Highland Park, IL 60035

    Charming top-floor 2-bedroom, 1-bath rental in a convenient Highland Park location. Features bright living spaces, hardwood floors, and a spacious screened-in porch lined with windows, creating a light-filled bonus space. Laundry and additional storage available in the basement, plus one outdoor parking space. Heat, water, and trash included; tenant pays gas and electric. Close to downtown

    Allison Magnani Berkshire Hathaway HomeServices Chicago

    667 Homewood Ave Unit 2, Highland Park, IL 60035
  • /15

    $2,650

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • Condo for Rent

    1250 Park Ave W Unit 433, Highland Park, IL 60035

    Large quiet updated condominium, in unit laundry, beautiful hardwood floors, stainless steel appliances. Awesome view of lake and swimming pool. Free indoor heated parking. Directly across the street from the Highland Park Rec center, close to the Edens expressway and downtown Highland Park, Hospital and shopping. No Smoking or pets.

    1250 Park Ave W Unit 433, Highland Park, IL 60035
  • /30

    $1,900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    30 Michigan Ave Unit 2, Highwood, IL 60040

    30 Michigan ave is a two flat house in which the second floor is available for rent. Utilities are $150 additional to rent price. This 2 bedroom 1 bath is 800 square ft with a personal deck that is 300 square ft. This space has been completely renovated with brand new wood floors, new appliances, new cabinets, new bathroom and brand new patio ready for furniture. Parking spot available in

    30 Michigan Ave Unit 2, Highwood, IL 60040
  • /20

    $1,995

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    798 Judson Ave Unit J06P, Highland Park, IL 60035

    798 Judson Ave Unit J06P, Highland Park, IL 60035
  • /43

    $3,895 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,500 Sq Ft
    • House for Rent

    3148 Cottonwood Ct, Highland Park, IL 60035

    Recently updated 4BR/3.5BA home in Highland Woods featuring hardwood floors, large closets, a finished basement, and a spacious yard, all close to bike paths. The home also includes a steam room, kitchenette, and minibar. The kitchen is equipped with all stainless steel appliances, including a refrigerator, stove, dishwasher, and microwave, and an in-unit washing machine and dryer are provided.

    3148 Cottonwood Ct, Highland Park, IL 60035
  • /5

    $2,287 Per Month

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Brand-New 1 Bedroom in Downtown Highland Park | Private Terrace | Steps to Metra

    1770 1st St Unit 504, Highland Park, IL 60035

    Be the first to live in this beautifully renovated 1-bedroom apartment in the heart of downtown Highland Park. This brand-new home features modern finishes, an open layout, in-unit laundry, and a spacious private terrace with great views. Located just steps from the Metra station, restaurants, shopping, coffee shops, and everything downtown Highland Park has to offer, you'll enjoy the

    1770 1st St Unit 504, Highland Park, IL 60035
  • /21

    $3,000 Per Month

    • 3 Beds
    • 2 Baths
    • Condo for Rent

    2490 Green Bay Rd Unit 1, Highland Park, IL 60035

    Completely remodeled 3 bed/2 bath within walking distance to Schools, metra, shopping and more. Bright and spacious living room with wood burning fire place. Wood floors throughout. Updated kitchen with brand new refrigerator and plenty of storage. New W/D on main level. Dining area with access to side deck. Bedrooms share modern and brand new hallway bath. Back entry area provides access to

    Jacqueline Lotzof Compass

    2490 Green Bay Rd Unit 1, Highland Park, IL 60035
  • /13

    $2,125 Per Month

    • 1 Bed
    • 1 Bath
    • 1,150 Sq Ft
    • Apartment for Rent

    1660 2nd St Unit 4, Highland Park, IL 60035

    *Available Now* - Not to be missed, this massive 1 bed + den, 1 bath apartment in the heart of Highland Park has been completely renovated. It has two floors and is over 1100 SF, the second floor has a den/2nd living area that is perfectly set up for work from home. New vinyl plank throughout the unit. Brand new kitchen with stainless steel appliances, walk in pantry directly adjacent to kitchen,

    Gregg Handrich Archpoint Property LLC

    1660 2nd St Unit 4, Highland Park, IL 60035
  • /30

    $1,695 - $1,795

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Condo for Rent

    725 Saint Johns Ave, Highland Park, IL 60035

    Beautiful, updated Vintage building in the heart of Highland Park's Ravinia districtAmenities:- Hardwood Floors- Large Updated Kitchen- Separate Dining Area- Updated Bathroom- Miniblinds- Ceiling Fans- Plenty of Closet Space- Laundry in-unit- Pet-Friendly Building

    725 Saint Johns Ave, Highland Park, IL 60035
  • /23

    $4,100 Per Month

    • 3 Beds
    • 2 Baths
    • 1,886 Sq Ft
    • Apartment for Rent

    1655 Lake Cook Rd Unit 343, Highland Park, IL 60035

    Rarely available residences at Americana Apartments-offering some of the most spacious apartment layouts on the North Shore. These well-appointed units feature expanded kitchen countertops and cabinetry, stainless steel appliances, deep stainless steel sinks, generous walk-in closets, full-size in-unit laundry, individually controlled heating and air conditioning, and private balconies. Americana

    Agent Photo

    Ethan Nagar

    Keller Williams ONEChicago

    1655 Lake Cook Rd Unit 343, Highland Park, IL 60035
  • /2

    $2,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,736 Sq Ft
    • Townhouse for Rent

    322 Euclid Ave, Highwood, IL 60040

    Beautifully remodeled 3 bedroom 2 bath duplex is fabulous Highwood location. Lovely updated kitchen, gorgeous hardwood floors throughout much of the home. Parking includes one garage space and one exterior space in the driveway. Close to all the amazing Highwood businesses, train, festivals and schools. Dogs and cats considered at owners discretion. No other pets considered. More photos coming

    Mada Hitchmough Compass

    322 Euclid Ave, Highwood, IL 60040
  • /16

    $5,500 Per Month

    • 5 Beds
    • 4.5 Baths
    • 2,489 Sq Ft
    • House for Rent

    2078 Linden Ave, Highland Park, IL 60035

    Fabulous 4 bed 3.2 bath beautiful colonial in superb East Highland Park location. Gracious living room with wood burning fireplace. Separate formal dining room with leaded glass windows. Wonderful sunny kitchen with 42" wood cabinets and granite countertops. Three bedrooms on the 2nd floor including the primary bedroom suite with walk-in closet. Third floor suite and full bath, office or play

    Linda Levin Jameson Sotheby's Intl Realty

    2078 Linden Ave, Highland Park, IL 60035
  • /11

    $3,430 Per Month

    • 2 Beds
    • 2 Baths
    • 1,142 Sq Ft
    • Apartment for Rent

    555 Roger Williams Ave Unit 405, Highland Park, IL 60035

    Welcome to Ravinia Crossing, Highland Park's newest boutique rental building in the heart of the Ravinia Business District. This intimate four story 30-unit building consists of a variety of one and two-bedroom unit floor plans with luxury high-end finishes. Open great room with walls of windows- the north facing units have balconies and overlook the ravines, the south and east facing units have

    Larry Klairmont Twins Realty LLC

    555 Roger Williams Ave Unit 405, Highland Park, IL 60035
  • /35

    Starting at $3,025 Per Month

    • 2 Beds

    515-555 Roger Williams Ave, Highland Park, IL 60035

    Welcome to Ravinia Crossing, Highland Park's newest boutique rental building in the heart of the Ravinia Business district. This intimate four story, 30-unit building consists of a variety of one and two-bedroom unit floor plans with luxury high-end finishes. Open Great room with walls of windows-the north facing units have balconies and overlook the ravines, the south and east facing units have

    Ravinia Crossing

    515-555 Roger Williams Ave, Highland Park, IL 60035
  • /78

    $12,000 Per Month

    • 6 Beds
    • 6 Baths
    • 6,900 Sq Ft
    • House for Rent

    1499 Sheridan Rd, Highland Park, IL 60035

    Experience the elegance of Chicago's North Shore in this extraordinary historic estate located on prestigious Sheridan Road in Highland Park. Built in 1894, this magnificent Queen Anne Revival residence beautifully blends timeless architectural charm with modern comfort. With six spacious bedrooms and over 6,900 square feet of living space, the home offers an unforgettable setting for family

    Vince Dinh HomeSmart Connect LLC

    1499 Sheridan Rd, Highland Park, IL 60035
  • /14

    $2,350 Per Month

    • 2 Beds
    • 1.5 Baths
    • Apartment for Rent

    1988 Green Bay Rd Unit 4, Highland Park, IL 60035

    Fantastic rental in Downtown Highland Park! Walk to everything - restaurants, shopping, Metra, and more. Completely updated throughout with abundant natural light in every room and beautiful exposed brick details that add warmth and character. Enjoy entertaining or relaxing on the private balcony, perfect for summer evenings. Attached 2-car garage plus a private in-unit laundry room conveniently

    Benjamin Lissner Baird & Warner

    1988 Green Bay Rd Unit 4, Highland Park, IL 60035
  • /13

    $3,500 Per Month

    • 4 Beds
    • 2 Baths
    • 1,368 Sq Ft
    • House for Rent

    639 Melody Ln, Highland Park, IL 60035

    Welcome to 639 Melody Lane in the heart of Highland Park, IL-a picture-perfect home for those seeking a blend of classic charm and modern amenities. This solid brick ranch, with 3 bedrooms and 2 full bathrooms is the ideal setting for creating lasting memories. Step through the front door and be greeted by gleaming hardwood floors that stretch across a seamless layout. The formal living room,

    Deb Baker Compass

    639 Melody Ln, Highland Park, IL 60035
  • /28

    $4,072 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,791 Sq Ft
    • Townhouse for Rent

    20 Webster Ave Unit C, Highwood, IL 60040

    Rarely available Highwood 3 bedroom, 2.5 bathroom townhome is now available. This listing boasts hardwood floors throughout each floor, central air conditioning and heat, and washer / dryer in the unit. Granite countertops and stainless steel appliances (incl. dishwasher) in massive kitchen. More than ample countertop and cabinet space to enjoy. Large & sunny living area with separate dining

    Daniel Management Group Daniel Management Group Inc

    20 Webster Ave Unit C, Highwood, IL 60040

Showing Results 1 - 40, Page 1 of 2

Frequently Asked Questions

How much does it cost to rent a home in Highland Park, IL?
The median rent for a home in Highland Park, IL is $2,162 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Highland Park, IL?
To comfortably afford the median rent in Highland Park, IL, a household needs to earn roughly $86,480 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 $2,162 per month in Highland Park, IL, renters typically need to show $6,486 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 Park, IL?
In Highland Park, IL, the price-to-rent ratio is 30.7, 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.
What neighborhoods in Highland Park, IL are best for renting a home?
The best neighborhood for renting in Highland Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include East Highland Park, West Highland Park, Riverwoods Country Club Estates, Northeast Buffalo Grove and The Glen, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
41
Median Rent
$2,162
Median Single Family Home Rent
$3,650
Median Townhouse Rent
$2,288
Median Condo Rent
$2,200
How to Rent a Home