Average Rent in Prospect Heights, IL

Apartments & Houses by Size

Rentometer, Inc. | Data as of 06/18/2026

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Prospect Heights, Illinois, offers a vibrant rental market that blends historic charm with modern convenience. Situated just a short commute from downtown Chicago, the neighborhood is well‑known for its tree‑lined streets, eclectic dining scene, and easy access to the Metra and CTA lines. Renters enjoy a variety of apartment options, from stylish studios to spacious two‑bedroom units, making the area attractive to young professionals, families, and students alike. One‑bedroom apartments typically fall in the $1400‑$1600 range, while two‑bedroom units often rent in the $1800‑$1900 bracket, reflecting the strong demand for comfortable, well‑located housing.

The community’s appeal is further enhanced by nearby attractions such as the historic Pullman district, Union Park, and a selection of boutique shops and local cafés. Residents benefit from high‑quality schools, numerous parks, and a lively cultural calendar that includes art walks and seasonal festivals. With a balanced mix of urban amenities and a welcoming neighborhood atmosphere, Prospect Heights remains a sought‑after destination for those looking to secure a rental home in the heart of the Chicago metropolitan area.

Partial Data Available: We have sufficient data for 2 Bedroom, 1 Bedroom listings. Other bedroom types need more data for reliable statistics.

Prospect Heights Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment 1 Bedroom $1,456 $1,475 $1,399 – $1,495 $1,399 – $1,495
Apartment 2 Bedroom $1,871 $1,847 $1,700 – $2,150 $1,810 – $1,950

Current rent in Prospect Heights (all property types): 1 Bedroom $1,456, 2 Bedroom $1,872.

Note: This analysis includes only bedroom types with sufficient data.

Map of City of Prospect Heights

Outlined area shows the city boundary. Shaded regions show where rentals cluster.

Map of City of Prospect Heights
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About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

If you cite, share, or republish data from this report, please credit Rentometer.

About this data