Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Highland Park, IL

As of May 2026, Highland Park's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Highland Park's average rent is 27.1% ($460) higher than the Illinois average of $1,700 and 20.7% ($371) higher than the U.S. average of $1,789.

Average Rent

$2,160

Monthly ChangeMonth Over Month Change

0.6% ($12)

Yearly ChangeYear Over Year Change

8% ($187)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$2,000	1.1% ($22)	9.1% ($167)
2 Beds	$2,413	0.3% ($8)	2.5% ($58)
3 Beds	$2,706	3% ($83)	2.2% ($58)

Nearby Cities	Average Rent	Avg. Rent vs. Highland ParkAverage Rent vs. Highland Park	Avg. Days on MarketAverage Days on Market
Highwood	$2,321	7.5% ($161)	28 days
Deerfield	$2,825	30.8% ($665)	29 days
Glencoe	$1,953	9.6% ($207)	26 days
Northbrook	$2,736	26.7% ($576)	29 days
Lake Forest	$3,975	84% ($1815)	25 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Highland Park Rental Market FAQs

Explore rental prices, market trends, and availability in Highland Park, IL.

What is the average rent in Highland Park, IL?

The average rent in Highland Park, IL is $2,160 per month.

What is the rental price range for homes in Highland Park, IL?

Homes in Highland Park typically rent for between $1,400 and $3,518 per month, with an average of $2,160 per month.

What is the average rent for different bedroom sizes in Highland Park, IL?

In Highland Park, the average rent for a 1-bedroom home is $2,000 per month, for a 2-bedroom home, $2,413 per month, and a 3-bedroom home is $2,706 per month.

How do rent prices in Highland Park, IL compare with the national average?

The average rent in Highland Park is 20.7% ($371) higher than the national average of $1,789 per month.

How have rent prices in Highland Park, IL changed recently?

The average rent in Highland Park has increased by 0.6% ($12) in the last month and decreased by 8.0% ($187) over the past year.

How competitive is the rental market in Highland Park, IL?

The rental market in Highland Park, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Highland Park, IL?

In Highland Park, IL, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Highland Park, IL?

There are currently 8 rental properties available in Highland Park, IL.

Can I afford to rent a home in Highland Park, IL?

Based on the current averages, a household would need an annual income of $96,520 to comfortably afford a 2-bedroom home in Highland Park.