Rental market snapshot for Palos Hills, Illinois

Palos Hills, Illinois Rental Property Market Overview

Palos Hills, Illinois is a city located in Cook County with a population of 18,117 as of 2021, according to the US Census. It is a vibrant community with a variety of amenities, including parks, schools, and shopping centers. The city is known for its diverse population and its commitment to providing quality services to its residents. Palos Hills is a great place to live, work, and play.

The average rent for an apartment in Palos Hills is $2,408. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Palos Hills Illinois | Cost of Living

  • The most expensive ZIP code in Palos Hills is 60465 with an average price of $1,740.
  • The cheapest ZIP code in Palos Hills is 60465 with an average price of $1,740.

Palos Hills ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
160465$1,740

Live near Palos Hills, Illinois's Top Sights and Attractions

Osborne Park is a scenic outdoor area located in Palos Hills, Illinois. It features a large lake, walking trails, picnic areas, and a playground. The park also has a variety of wildlife, including ducks, geese, and other birds. The park is a great place to relax and enjoy nature, as well as take part in activities such as fishing, boating, and swimming.

Krasowski Park is a scenic outdoor destination located in a suburban area. It features a large lake surrounded by lush greenery, with plenty of walking and biking trails winding through the park. There are also several picnic areas, playgrounds, and a disc golf course. Visitors can also enjoy fishing, boating, and swimming in the lake. The park is a great spot for a relaxing day outdoors, with plenty of opportunities for recreation and leisure.

Indian Woods is a nature preserve located in the southwestern suburbs of Chicago. It features a variety of outdoor activities such as hiking, biking, bird watching, and fishing. The preserve is home to a variety of wildlife, including deer, foxes, and coyotes. The preserve also features a number of scenic trails, including a boardwalk that winds through the woods. Visitors can also explore the nearby Palos Hills Nature Center, which offers educational programs and activities.

Volunteer Park is a large outdoor space with plenty of activities to enjoy. There is a large playground with swings, slides, and other play equipment, as well as a picnic area with tables and grills. There are also several walking trails, a pond, and a disc golf course. The park also has a large open field for sports and other activities, and a pavilion for events.

Glacier Park is a family-friendly outdoor attraction located in the suburbs of Chicago. It features a variety of activities, including a large outdoor ice skating rink, a sledding hill, and a snow tubing area. The park also has a large playground, a picnic area, and a concession stand. During the summer months, visitors can enjoy a variety of activities, such as mini-golf, a batting cage, and a water park. The park also hosts a variety of special events throughout the year, such as movie nights, concerts, and holiday celebrations.

Aspen Park is a sprawling outdoor recreation area located in the rolling hills of northern Illinois. It features a variety of activities for visitors of all ages, including a large lake for fishing and swimming, a playground, picnic areas, and a network of trails for hiking, biking, and horseback riding. The park also has several sports fields, a disc golf course, and a skate park. In the winter, visitors can enjoy sledding, snowshoeing, and cross-country skiing. With its scenic views and abundance of activities, Aspen Park is a great place to spend a day outdoors.

Michael Park is a sprawling outdoor recreation area located in the suburbs of Illinois. It features a variety of activities, including a large lake for fishing, a playground, and several trails for hiking and biking. There are also picnic areas and pavilions, as well as a disc golf course. The park is surrounded by lush trees and foliage, making it a great spot for a peaceful day outdoors.

Loveland Park is a picturesque outdoor area located in a suburban area. It features a large lake surrounded by lush green grass and trees, providing a peaceful and tranquil atmosphere. There are plenty of walking and biking trails, as well as picnic areas and playgrounds for children. The park also has a fishing pier, boat rentals, and a beach area for swimming. Visitors can also enjoy the beautiful views of the surrounding area from the observation deck. Loveland Park is a great place to spend a day outdoors with family and friends.

Palos Hills, Illinois area median rent change by ZIP code map

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How does Palos Hills compare to other cities in Illinois?

citymedian price
Vernon Hills$2,976
Addison$2,445
Villa Park$2,261
Westmont$2,255
Romeoville$1,945
Washington$1,300
Forest Park$1,289
Decatur$775

Average household income in Palos Hills area graph - US Census

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The median household income in Palos Hills in 2021 was $72,570. This represents a 31.4% change from 2011 when the median was $55,221.

#categorypercent
0Less than $10,0004.4%
1$10,000 to $14,9994.7%
2$15,000 to $19,9993.2%
3$20,000 to $24,9994.9%
4$25,000 to $29,9994.3%
5$30,000 to $34,9994.5%
6$35,000 to $39,9995.3%
7$40,000 to $44,9994.7%
8$45,000 to $49,9994.2%
9$50,000 to $59,9997.4%
10$60,000 to $74,9998.4%
11$75,000 to $99,99911.8%
12$100,000 to $124,99912.1%
13$125,000 to $149,9998.9%
14$150,000 to $199,9995.0%
15$200,000 or more6.2%

Neighborhoods in Palos Hills

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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.

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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 February , the average rent in Palos Hills is $2,408.
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