Rentometer, Inc. | Data as of 12/04/2025
Highwood’s rental market offers a dynamic mix of housing options, from modern apartments to the occasional single‑family home, catering to both young professionals and families seeking the convenience of city living. Apartments dominate the market, with 1‑bedroom units typically priced in the $1900s, while larger 2‑ and 3‑bedroom layouts range from the $2600‑$3800 bracket, providing flexible choices for varied budgets. The city’s compact layout means residents enjoy quick access to nearby Metra stations, making daily commutes to Chicago seamless, and the vibrant downtown area is filled with boutique shops, cafés, and cultural venues that foster a lively community atmosphere.
Highwood is celebrated for its historic charm and proximity to notable attractions such as the Ravinia Festival, the world‑renowned summer music venue, and the scenic banks of the Des Plaines River. Neighborhoods like the historic district near the high‑rise apartments showcase beautifully preserved architecture, while newer developments near the commercial corridor bring contemporary amenities. With easy access to major highways, parks, and a growing selection of dining and entertainment options, Highwood remains a sought‑after destination for renters looking for a blend of suburban comfort and urban convenience in Illinois.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,898 | $1,887 | $1,200 - $2,550 | $1,855 - $2,100 |
| Apartment | 2 Bedroom | $2,558 | $2,733 | $2,015 - $2,975 | $2,170 - $2,875 |
| Apartment | 3 Bedroom | $3,268 | $3,190 | $2,570 - $4,125 | $2,630 - $4,125 |
In the current period, the average rent in Highwood was
$1,899 for 1 Bedroom,
$2,558 for 2 Bedroom, and
$3,125 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.