Cheap Apartments for Rent in Prospect Heights, IL
21 rentals
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1-2 Beds
1-2 BathsBriarwood Terrace Apartments | 1501 S Wolf Rd,
Prospect Heights, IL 60070
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Apartments For Rent Near Prospect Heights, IL
We found 30 more apartments matching your filters just outside Prospect Heights
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Average Rent Trends in Prospect Heights, IL
Rent in Prospect Heights, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Sep 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,940 |
| Nov 2025 | $1,800 |
| Dec 2025 | $1,783 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,738 |
| Mar 2026 | $1,713 |
| Apr 2026 | $1,650 |
| May 2026 | $1,895 |
| Jun 2026 | $1,825 |
| Jul 2026 | $2,000 |
| Aug 2026 | $1,840 |
| Sep 2026 | $1,772 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,550 | $1,973 | $2,500 | — | $1,865 |
| Townhomes | — | $1,900 | — | — | $1,900 |
| Apartments and Condos | $1,650 | $2,000 | $2,500 | — | $1,716 |
Frequently Asked Questions about Rentals in Prospect Heights, IL
- What is the average rent of an apartment in Prospect Heights, IL?The average rent of an apartment in Prospect Heights, IL is $1,718 per month. This is about 12% lower than the national average.
- What are the cheapest months to find an apartment to rent in Prospect Heights, IL?Last year, the cheapest month to find an apartment to rent was Feb 2025 when it was $1,695 per month.
- How many cheap apartments are available in Prospect Heights, IL?There are 11 apartments to rent that are cheaper than the city’s average rent of $1,865.
- When is the average rent most expensive in Prospect Heights, IL?In the last year, the average rent in Prospect Heights, IL was highest in Mar 2025 when it was $2,200 per month.
- What are some zip codes in Prospect Heights, IL?Prospect Heights, IL includes zip codes such as: 60070.
- What are some cities near Prospect Heights, IL?Some nearby cities include: Wheeling, Mount Prospect, Arlington Heights, Buffalo Grove, Northbrook. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Prospect Heights, IL - 93 Rentas | Trulia