Prospect Heights, IL rental market

What is the average rent in Prospect Heights, IL?

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Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Prospect Heights, IL is $1,950.

Average rent

$1,950

Month-over-month change

+$125

Year-over-year change

+$100

Available rentals

16

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,535 to $4,000.

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Rent frequencies
Rent priceNumber of rental properties
$1,6002
$1,7004
$1,8002
$1,9004
$2,0004
$2,1001
$2,2001
$2,3001
$2,9001
$3,9001
$4,000+1

Average rent price over time

In the last year, rent has increased by $100 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,950$1,850
Feb$1,695$1,735
Mar$2,200$1,714
Apr$1,990$1,650
May$1,700$1,895
Jun$1,913$1,825
Jul$1,900No data
Aug$1,850No data
Sep$1,711No data
Oct$1,940No data
Nov$1,800No data
Dec$1,783No data

Market temperature

The Prospect Heights, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Prospect Heights, IL is 3% lower than the national average.

Prospect Heights, ILvs.

$1,950

$2,010

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Frequently asked questions

1. What is the average rent in Prospect Heights, IL?

The average rent in Prospect Heights, IL is $1,950.

2. What is the average rent for a one-bedroom apartment in Prospect Heights, IL?

The average rent for a one-bedroom apartment in Prospect Heights, IL is $1,650 per month.

3. What is the average rent for a two-bedroom apartment in Prospect Heights, IL?

The average rent for a two-bedroom apartment in Prospect Heights, IL is $1,950 per month.

4. What is the average rent for a three-bedroom apartment in Prospect Heights, IL?

The average rent for a three-bedroom apartment in Prospect Heights, IL is $2,933 per month.

5. How much does it cost to rent a house in Prospect Heights, IL?

Houses in Prospect Heights, IL rent between $1,535 - $4,000 with an average rent of $1,950.

6. How has the rent in Prospect Heights, IL changed in the last year?

In the last year, the rent in Prospect Heights, IL increased by $100

7. How much has the rent in Prospect Heights, IL increased/decreased in the last month?

In the last month, the rent in Prospect Heights, IL increased by $125

8. How many available rentals are there in Prospect Heights, IL?

There are currently 16 rentals available in Prospect Heights, IL.

9. How do rent prices in Prospect Heights, IL compare with the national average?

The average rent in Prospect Heights, IL is $1,950 — 2.99% lower the national average of $2,010.

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