Rental market snapshot for Prospect Heights, Illinois

Prospect Heights, Illinois Rental Property Market Overview

Prospect Heights, Illinois is a vibrant city located in Cook County, with a population of 15,691 as of 2021 according to the US Census. It is a diverse community with a variety of businesses, restaurants, and entertainment options. Prospect Heights is home to a number of parks and recreational areas, including the Prospect Heights Park District, which offers a variety of activities for all ages. The city is also home to a number of schools, making it a great place for families to live. Prospect Heights is a great place to live and work, and its population is growing every year. (Source: US Census, 2021)

The average rent for an apartment in Prospect Heights is $1,657. The cost of rent varies depending on several factors, including location, size, and quality.

Last Updated July 28, 2023

Get updates straight to your inbox

Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

Sign up

Average monthly rent graph in Prospect Heights Illinois | Cost of Living

    Prospect Heights ZIP codes with the highest, most expensive rent

    We currently do not have this data but we are working to add this soon.

    Live near Prospect Heights, Illinois's Top Sights and Attractions

    Willow Trails Park is a picturesque outdoor recreation area located in a wooded area. It features a variety of activities for visitors to enjoy, including a large playground, a walking path, a fishing pond, and a picnic area. The park also has a variety of sports fields, including baseball, soccer, and basketball. In addition, there is a disc golf course and a nature center with educational programs. The park is a great place to spend a day outdoors, with plenty of activities to keep everyone entertained.

    Woodland Trails Park is a sprawling outdoor recreation area located in a picturesque suburban setting. The park features a variety of trails for walking, biking, and horseback riding, as well as a large lake for fishing and canoeing. There are also several playgrounds, picnic areas, and a disc golf course. The park is surrounded by lush greenery and is a great place to spend a day outdoors.

    Patriots Park is a large outdoor recreational area located in Prospect Heights, Illinois. It features a variety of activities for visitors to enjoy, including a playground, picnic areas, walking trails, a fishing pond, and a disc golf course. The park also has a large open field, perfect for playing sports or hosting events. The park is well-maintained and offers plenty of shade and seating areas for visitors to relax and enjoy the scenery.

    Lions Park is a picturesque outdoor area located in a quiet suburban neighborhood. It features a large pond with a fountain, a playground, and plenty of walking paths. The park also has a pavilion with picnic tables, a gazebo, and a bandstand, making it a great spot for outdoor events. The park is surrounded by lush trees and shrubs, providing a peaceful and serene atmosphere.

    Parkreation Little Tikes is an outdoor play area located in a small town in Illinois. It features a variety of play structures, including a large playhouse, swings, slides, and a sandbox. The play area is surrounded by a large grassy area, perfect for running and playing. There is also a picnic area with tables and benches, making it a great spot for a family outing.

    Country Gardens Park is a beautiful outdoor attraction located in a small town in northern Illinois. It features a variety of lush gardens, including a rose garden, a butterfly garden, and a wildflower garden. The park also has a pond, a playground, and a picnic area. Visitors can take a leisurely stroll through the gardens, or enjoy a picnic lunch in the peaceful surroundings. The park is a great place to relax and enjoy nature.

    Claire Lane Park is a beautiful outdoor space located in a small town. It features a large pond with a fountain, a playground, walking paths, and plenty of green space for picnics and outdoor activities. The park also has a gazebo and several benches for visitors to relax and take in the scenery. The park is a great place to spend a day with family and friends, and it's a popular spot for locals to gather and enjoy the outdoors.

    Isaak Walton Park is a beautiful outdoor recreation area located in Prospect Heights, Illinois. It features a variety of activities for visitors to enjoy, including a large lake for fishing, a playground, picnic areas, and walking trails. The park also has a variety of wildlife, including birds, deer, and other animals. The park is a great place to spend a day outdoors, whether you are looking to relax or get active.

    Mesopatamia Museum is a unique attraction located in Prospect Heights, Illinois. It features a variety of artifacts from the ancient Mesopotamian civilization, including pottery, jewelry, and tools. Visitors can explore the museum's interactive exhibits, which provide a glimpse into the daily lives of the people who lived in this region thousands of years ago. The museum also offers educational programs and workshops for children and adults, as well as special events throughout the year.

    Walnut Woods is a picturesque outdoor area located in the rolling hills of northern Illinois. It features a variety of trails for hiking, biking, and horseback riding, as well as a lake for fishing and canoeing. There are also picnic areas, playgrounds, and a large open field perfect for a game of Frisbee or a family picnic. The area is surrounded by tall trees and lush vegetation, making it a peaceful and tranquil spot to relax and enjoy nature.

    Prospect Heights, Illinois area median rent change by ZIP code map

    Get updates straight to your inbox

    Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

    Sign up

    How does Prospect Heights compare to other cities in Illinois?

    We currently do not have this data but we are working to add this soon.

    Average household income in Prospect Heights area graph - US Census

    Get updates straight to your inbox

    Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.

    Sign up

    The median household income in Prospect Heights in 2021 was $77,763. This represents a 29.0% change from 2011 when the median was $60,285.

    #categorypercent
    0Less than $10,0002.7%
    1$10,000 to $14,9993.2%
    2$15,000 to $19,9992.8%
    3$20,000 to $24,9994.7%
    4$25,000 to $29,9996.5%
    5$30,000 to $34,9994.3%
    6$35,000 to $39,9992.0%
    7$40,000 to $44,9995.8%
    8$45,000 to $49,9994.5%
    9$50,000 to $59,9998.3%
    10$60,000 to $74,9997.4%
    11$75,000 to $99,99912.4%
    12$100,000 to $124,9999.9%
    13$125,000 to $149,99910.7%
    14$150,000 to $199,9993.5%
    15$200,000 or more11.4%

    Neighborhoods in Prospect Heights

    We currently do not have this data but we are working to add this soon.

    Frequently asked questions

    Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

    This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

    Yes, but please attribute us accordingly.

    Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

    While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

    Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

    Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

    Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

    As of June , the average rent in Prospect Heights is $1,657.
    Made withDataherald