Highwood, IL Condos for Rent

/23
$1,980

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,100 Sq Ft
- Condo for Rent
113 Burtis Ave Unit A, Highwood, IL 60040

**PLEASE READ CAREFULLY & THOROUGHLY**We are renting a perfect 2-bedroom 1-bath apartment in a wonderfully quiet neighborhood in Highwood. Just renovated in May 2026. It's also within walking distance to Highwood's bustling business district and train station. Located right off Half Day Rd/Rte 22, making it very close to Highway 41.This first-floor apartment is composed of a large

113 Burtis Ave Unit A, Highwood, IL 60040
Explore Highwood
/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

Illinois Lake County

Frequently Asked Questions

How much does it cost to rent a condo in Highwood, IL?

The median rent for a condo in Highwood, IL is $2,579 per month, though prices vary by neighborhood, size, and property type. As of August 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 Highwood, IL?

To comfortably afford the median rent in Highwood, IL, a household needs to earn roughly $117,880 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 $2,947 per month in Highwood, IL, renters typically need to show $8,841 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 Highwood, IL?

In Highwood, IL, the price-to-rent ratio is 14.1, 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 Highwood, IL are best for renting a condo?

The best neighborhood for renting in Highwood, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Forest River, Capri Village, Virginia Lake and East Highland Park, each with its own character and price range.

Condo Rental Trends in Highwood, IL

There are currently 2 condos available for rent in Highwood, IL. The median rent is $2,579 per month, with 1-bedroom condos renting at $2,354 and 2-bedroom condos at $2,756.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $2,579
Median 1 Bedroom Condo Rent $2,354	Median 2 Bedroom Condo Rent $2,756

How to Rent a Home

Rentals in Highwood

Condos for Rent by Bedrooms in Highwood

2 Bedroom Condos for Rent in Highwood

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