3456 Salem Walk
NorthbrookIL60062
Cheap Homes for Rent in Prospect Heights, IL from $1,500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Heights.
1100 N Wheeling Rd
Mount ProspectIL60056
908 E Old Willow Rd
Prospect HeightsIL60070
2000 Bayside Dr
PalatineIL60074
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.
870 Winesap Ct
Prospect HeightsIL60070
330 W Miner St
Arlington HeightsIL60005
330 W Miner St
Arlington HeightsIL60005
330 W Miner St
Arlington HeightsIL60005
110 N Lincoln Ln, Unit 2C
110 N Lincoln Ln
Arlington HeightsIL60004
3335 Kirchoff Rd
Rolling MeadowsIL60008
518 W Miner St
Arlington HeightsIL60005
950 E Wilmette Rd
PalatineIL60074
2980 Northampton Dr
Rolling MeadowsIL60008
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.
205 N Ridge Ave
Arlington HeightsIL60005
516 W Eastman St, Unit 2C
516 W Eastman St
Arlington HeightsIL60005
3900 Bayside Dr
PalatineIL60074
445 S Cleveland Ave
Arlington HeightsIL60005
2120 N Ginger Creek Cir
PalatineIL60074
The 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.
552 Greystone Ln, Unit D1
552 Greystone Ln
WheelingIL60090
649 Trace Dr
Buffalo GroveIL60089
870 Trace Dr
Buffalo GroveIL60089
Showing Results 1-21, 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 | $2,212 | $1,500 | $3,000 |
| Prospect Heights 3 Bedroom Homes for Rent | $3,310 | $2,195 | $5,000 |
| Prospect Heights 4 Bedroom Homes for Rent | $3,220 | $2,885 | $3,600 |
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 Briarwood Terrace Apartments in the North Northfield neighborhood priced from $1,450. Foxboro Apartments in the Dundee Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,471. Here is today’s list of the most affordable Prospect Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Briarwood Terrace Apartments | Sandstone 1 | 1BR,1BA | $1,450 |
| Foxboro Apartments | Astor | 1BR,1BA | $1,471 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,475 |
| Mandalane | 1A | 1BR,1BA | $1,639 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1,649 |
Best Value Apartments for Rent in Prospect Heights, IL
As of September 15, 2025 the best value apartment in the Prospect Heights area is the $1.76 price per square foot 3 Bedroom Model at GlenLake Village in the in the Downtown Northbrook neighborhood starting from $2,495. The second greatest value Prospect Heights apartment is the 315 W Prospect Ave Model at 315 W Prospect Ave, Unit 1 starting at $2,500 with a $1.92 price per square foot in the Downtown Mount Prospect 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. |
|---|---|---|---|
| GlenLake Village | 3 Bedroom | 3BR,2BA | $1.76 |
| 315 W Prospect Ave, Unit 1 | 315 W Prospect Ave | 3BR,1.5BA | $1.92 |
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.52 |
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| 490 Pleasant Run Dr, Unit 490-F | 490 Pleasant Run Dr | 2BR,1BA | $1.45 |
| Briarwood Terrace Apartments | Northpoint 2 Split | 2BR,2BA | $1.83 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| Mallard Lake | Superior | 2BR,2BA | $1.92 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.94 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1.97 |
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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 298 Apartments for Rent in Prospect Heights, IL with pricing that ranges from $995 to $10,077. There are also 77 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,500 to $5,000.
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 $1,500 to $5,000 with an average monthly rent of $2,715.
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 $2,200 to $6,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,885 and Four Bedroom Apartments start at $10,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.