Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Highwood city, Illinois?
City · Census ACS 5-Year estimates
The median gross rent in Highwood city, Illinois is $1,900/month (±$209), based on Census ACS 5-Year estimates (2024). The median home value is $405,400 (±$120,494), and the median household income is $107,875/year. The unemployment rate in Lake County, Illinois was 4.5% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Highwood city, Illinois
| Metric | Value |
|---|---|
| Median Gross Rent | $1,900 |
| Median Home Value | $405,400 |
| Median Household Income | $107,875 |
| Total Housing Units | 2,025 |
| Renter-Occupied Units | 892 |
| Renter-Occupied Share | 44% |
| Households Paying 50%+ Income | 254 households |
| Unemployment Rate(April 2026) | 4.5% |
How does Highwood city, Illinois compare?
Median gross rent ranked against all cities in Illinois.
Higher rent than 96% of cities in Illinois · 46th of 1136
| # | City | Value |
|---|---|---|
| 1 | Burr Ridge village | $3,501 |
| 1 | Bull Valley village | $3,501 |
| 1 | Indian Creek village | $3,501 |
| … 42 more … | ||
| 46 | Highwood city(you are here) | $1,900 |
| … 1087 more … | ||
| 1134 | Royal Lakes village | $280 |
| 1135 | Elizabethtown village | $241 |
| 1136 | Colp village | $99 |
More data for Highwood city, Illinois
Browse by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Frequently asked questions
What is the average rent in Highwood city, Illinois?
The median gross rent in Highwood city, Illinois is $1,900/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Highwood city, Illinois?
The median rent for a 2-bedroom in Highwood city, Illinois is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Highwood city, Illinois?
The median home value in Highwood city, Illinois is $405,400 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Highwood city are rent-burdened?
In Highwood city, Illinois, 254 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Highwood city, Illinois?
The median household income in Highwood city, Illinois is $107,875/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,900 has a margin of error of ±$209. In very small areas, MOEs can be large relative to the estimate.
Managing rental properties?
Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.
Get started free