Average Rent in Prospect Heights, IL
The typical rent in Prospect Heights, IL is $1,753/month (as of May 2026).
Average market rent
$1,753/mo
Zillow Observed Rent Index (ZORI) · May 2026
Median gross rent
$1,475/mo
US Census Bureau (ACS) · December 2024
Average rent by bedroom in Prospect Heights, IL
| Type | Average rent |
|---|---|
| Studio | $1,689/mo |
| 1 bedroom | $1,300/mo |
| 2 bedroom | $1,470/mo |
| 3 bedroom | $1,885/mo |
Source: US Census Bureau (ACS) (December 2024).
Renting in Prospect Heights, IL?
List your rental on RealBid and let tenants bid openly — or browse listings and bid with confidence now that you know the market.
Frequently asked questions
What is the average rent in Prospect Heights, IL?
The average rent in Prospect Heights, IL is approximately $1,753 per month as of May 2026, based on Zillow Observed Rent Index (ZORI).
How much is a 2-bedroom in Prospect Heights, IL?
The average rent for a 2-bedroom in Prospect Heights, IL is about $1,470 per month (US Census Bureau (ACS)).
How much should I charge for rent in Prospect Heights, IL?
A competitive starting point is around $1,753 per month — the current average for Prospect Heights, IL (Zillow Observed Rent Index (ZORI)). Many landlords list at or just below this and let tenants bid the price up to what the market will actually pay on RealBid.
How often is this data updated?
The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.
Rent in nearby cities (IL)
Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.