What's the average rent in Prospect Heights, IL?
Rental Market Trends in Prospect Heights, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Prospect Heights, IL is $1,900 per month, which is about the same as the national average rent of $1,910 per month.
AVERAGE RENT
$1,900
11.8%$200 increase month-over-month
4.7%$85 increase year-over-year
AVAILABLE RENTALS
21
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Prospect Heights, IL at $1,801 per month, while houses are the most expensive at $4,150 per month. Townhomes average $1,975 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,500 |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | $4,150 |
| 4 Bedrooms | $13,262 |
| All | $1,900 |
As of May 2026, the average rent for a 1 bedroom rental in Prospect Heights, IL is $1,500 per month, followed by $1,950 for a 2 bedroom rental, $4,150 for a 3 bedroom rental, and $13,262 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,100 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $2,100 |
As of May 2026, the average rent for a 2 bedroom townhome in Prospect Heights, IL is $2,100 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,495 |
| 2 Bedrooms | $1,950 |
| 3 Bedrooms | — |
| 4 Bedrooms | $13,262 |
| All | $1,900 |
As of May 2026, the average rent for a 1 bedroom apartment in Prospect Heights, IL is $1,495 per month, followed by $1,950 for a 2 bedroom apartment, and $13,262 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,200 |
| 3 Bedrooms | $4,150 |
| 4 Bedrooms | — |
| All | $4,150 |
As of May 2026, the average rent for a 2 bedroom house in Prospect Heights, IL is $2,200 per month, followed by $4,150 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +11% compared to the previous year, which is a +$195 increase.
This year (2026)
Last year (2025)
Rent distribution
63% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,300 to $13,435.
