Apartments in Briergate Station Highland Park

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$1,795
Highland Park, IL
1 BR | Available Now
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Ravinia
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$1,895
Highland Park, IL
1 BR | Jun. 1, 2024
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$1,895
Highland Park, IL
1 BR | Jun. 1, 2024
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13
$2,095
1900 1910 Green Bay Rd Highland Park, IL
1 BR | May. 15, 2024
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15
$2,200
Highland Park, IL
2 BR | Available Now
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10
$1,650
Highland Park, IL
Studio | Available Now
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$1,300
2494 Saint Johns Ave Highland Park, IL
1 BR | Jun. 1, 2024
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3
$4,800
660-712 Elm St Deerfield, IL
3 BR | Jun. 1, 2024
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1
$2,595
Highland Park, IL
2 BR | Jun. 1, 2024
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Dog Friendly
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Dishwasher
Ravinia
0
$1,895
Highland Park, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Ravinia
0
$2,595
Highland Park, IL
2 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
In Unit Laundry
Dishwasher
Ravinia
0
$2,595
Highland Park, IL
2 BR | Jun. 1, 2024
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In Unit Laundry
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Ravinia
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Highland Park:
May Rent Report

Welcome to the May 2024 Highland Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Highland Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Highland Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Highland Park average rent prices in the chart below.

Monthly Rent Report

$3,000
$2,250
$1,500
$750
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Highland Park Rent Prices Increase From April to May

Highland Park rent prices increased over the last month. From April to May, the city experienced a 3.26% increase for the price of a one-bedroom apartment. The rent price for a Highland Park one-bedroom apartments currently stands at $1,803.0.

When we take a look at the two-bedroom comparison from April to May, Highland Park experienced a 8.22% increase for the price of a two-bedroom apartment. The rent price for a Highland Park two-bedroom apartments currently stands at $2,922.0.

May Prices: Highland Park vs. Surrounding Areas

Rent Prices in Highland Park and Surrounding Areas

Rent prices have increased in Highland Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Highland Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Highland Park suburbs

  • Rents did not decrease in any of the Highland Park suburbs.

May 2024 Pricing Trends: Highland Park vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Highland Park Rent Prices More Affordable Than Major Cities

Rent growth in Highland Park over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Highland Park average rent prices appear to be relatively affordable for local residents.

The price for a Highland Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Highland Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Highland Park and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.