Prospect Heights, IL rental market

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Last updated August 8, 2025

Rental market summary

The average rent for all bedrooms and all property types in Prospect Heights, IL is $1,850.

Average rent

$1,850

Month-over-month change

-$50

Year-over-year change

$0

Available rentals

7

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,475 to $2,300.

Rent frequencies
Rent priceNumber of rental properties
$1,6001
$1,7002
$1,8002
$1,9001
$2,2001
$2,300+2

Average rent price over time

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$1,755No data
Oct$2,000No data
Nov$1,950No data
Dec$1,775No 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 12% lower than the national average.

Prospect Heights, ILvs.

$1,850

$2,100

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 $1,850.

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

Houses in Prospect Heights, IL rent between $1,475 - $2,300 with an average rent of $1,850.

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

In the last year, the rent in Prospect Heights, IL did not change.

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 decreased by $50

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 $1,850 — 11.9% lower the national average of $2,100.