2315 E Olive St
Arlington HeightsIL60004
Cheap Homes for Rent in Prospect Heights, IL from $1,200 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Heights.
860 E Old Willow Rd
Prospect HeightsIL60070
928 Jonathan Ct
Prospect HeightsIL60070
870 E Old Willow Rd
Prospect HeightsIL60070
974 Crabapple Dr, Unit 306
974 Crabapple Dr
Prospect HeightsIL60070
850 E Old Willow Rd
Prospect HeightsIL60070
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
16 E Old Willow Rd, Unit 514 N
16 E Old Willow Rd
Prospect HeightsIL60070
1519 N Windsor Dr
Arlington HeightsIL60004
860 Winesap Ct, Unit 105
860 Winesap Ct
Prospect HeightsIL60070
1125 Pleasant Run Dr
WheelingIL60090
2423 E Olive St, Unit Pool Park Ground Unit
2423 E Olive St
Arlington HeightsIL60004
450 Plum Creek Dr, Unit 108
450 Plum Creek Dr
WheelingIL60090
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
475 Plum Creek Dr
WheelingIL60090
1603 N Windsor Dr
Arlington HeightsIL60004
1206 E Fairview St, Unit 1206 E Fairview St,
1206 E Fairview St
Arlington HeightsIL60005
110 S Dunton Ave
Arlington HeightsIL60005
2423 N Kennicott Dr
Arlington HeightsIL60004
1525 Sander Ct
WheelingIL60090
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
1 N Chestnut Ave
Arlington HeightsIL60005
Showing Results 1-19, Page 1 of 1
Prospect Heights, IL Local Guide
Lake Arlington Park by Andrew Davies is licensed under CC BY 2.0
How much does it cost to rent a home in Prospect Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Heights 2 Bedroom Homes for Rent | $2,190 | $1,695 | $2,800 |
| Prospect Heights 3 Bedroom Homes for Rent | $3,098 | $2,100 | $4,750 |
| Prospect Heights 4 Bedroom Homes for Rent | $3,999 | $3,500 | $4,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Prospect Heights
Explore Prospect Heights
Prospect Heights, IL Local Guide
- Nearby Cities
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Cheapest Available Prospect Heights Apartments for Rent
The cheapest available apartment rental in Prospect Heights, IL is a 1 Bed unit found at Dryden Homes- 1-21 N Dryden Pl in the Downtown Mount Prospect neighborhood priced from $1,295. Hunt Club Apartments in the Milwaukee Avenue neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Prospect Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $1,295 |
| Hunt Club Apartments | Ash (1 Bed M) | 1BR,1BA | $1,350 |
| Centennial North | North | 1BR,1BA | $1,360 |
| Briarwood Terrace Apartments | Northpoint 1 | 1BR,1BA | $1,400 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Prospect Heights, IL
As of February 18, 2026 the best value apartment in the Prospect Heights area is the $2.02 price per square foot 322 Model at Lions Park Row in the in the Westgate neighborhood starting from $4,295. The second greatest value Prospect Heights apartment is the 2 BR/ 2 BA Model at Piper Lane starting at $1,950 with a $1.56 price per square foot in the North Northfield neighborhood. Here is today’s list of the best values for Prospect Heights apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lions Park Row | 322 | 3BR,2.5BA | $2.02 |
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.56 |
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| 903 E Ardyce Ln, Unit #2 | 903 E Ardyce Ln | 2BR,1BA | $1.70 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.94 |
| Mallard Lake | Geneva | 1BR,1BA | $1.96 |
| 1214 E Northwest Hwy, Unit 5 | 1214 E Northwest Hwy | 2BR,1BA | $1.88 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1.97 |
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $2.07 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleQuick Rent Budget Calculator
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Explore Prospect Heights, IL Rentals by Map
See the most popular apartments and homes in Prospect Heights, IL
Frequently Asked Questions about Prospect Heights
What type of rentals are currently available in Prospect Heights?
There are currently 293 Apartments for Rent in Prospect Heights, IL with pricing that ranges from $1,350 to $13,748. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,275 to $4,750.
What is the current price range for Rental Homes in Prospect Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Heights ranges from $1,275 to $4,750 with an average monthly rent of $2,760.
How much are larger Three and Four Bedroom Rentals in Prospect Heights?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Heights range from $1,891 to $13,748, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,100 to $4,750. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $7,435.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.