- US
- Illinois
- Cook County
- Prospect Heights city
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.
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.
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.