Prospect Heights, IL rental market

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Last updated September 25, 2025

Rental market summary

The average rent for all bedrooms and all property types in Prospect Heights, IL is $1,940.

Average rent

$1,940

Month-over-month change

+$222

Year-over-year change

+$178

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,415 to $2,000.

Rent frequencies
Rent priceNumber of rental properties
$1,7003
$1,9004
$2,000+2

Average rent price over time

In the last year, rent has increased by $178 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,627$1,950
Feb$1,700$1,695
Mar$1,750$2,200
Apr$1,740$1,990
May$1,700$1,700
Jun$1,777$1,913
Jul$1,500$1,900
Aug$1,795$1,850
Sep$1,755$1,711
Oct$2,000No data
Nov$1,950No data
Dec$1,775No data

Market temperature

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

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Prospect Heights, IL is 5% lower than the national average.

Prospect Heights, ILvs.

$1,940

$2,050

Rent in Prospect Heights, IL

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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 $1,940.

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

Houses in Prospect Heights, IL rent between $1,415 - $2,000 with an average rent of $1,940.

3. 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 $178

4. 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 $222

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

There are currently 7 rentals available in Prospect Heights, IL.

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

The average rent in Prospect Heights, IL is $1,940 — 5.37% lower the national average of $2,050.