1100 N Wheeling Rd
Mount ProspectIL60056
Cheap Homes for Rent in Prospect Heights, IL from $1,500 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Heights.
919 S McKinley Ave
Arlington HeightsIL60005
1080 N Wheeling Rd
Mount ProspectIL60056
18 E Old Willow Rd
Prospect HeightsIL60070
3448 Salem Walk
NorthbrookIL60062
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.
1519 N Windsor Dr, Unit 310
1519 N Windsor Dr
Arlington HeightsIL60004
1070 N Wheeling Rd
Mount ProspectIL60056
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501 McHenry Rd
WheelingIL60090
330 W Miner St
Arlington HeightsIL60005
330 W Miner St
Arlington HeightsIL60005
330 W Miner St
Arlington HeightsIL60005
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
4300 W Lake Ave
GlenviewIL60026
920 S McKinley Ave
Arlington HeightsIL60005
375 Plum Creek Dr
WheelingIL60090
584 Williamsburg Ct
WheelingIL60090
350 Plum Creek Dr
WheelingIL60090
1054 Deerpath Ct
WheelingIL60090
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
1489 Quaker Ln
Prospect HeightsIL60070
1465 Cove Dr
Prospect HeightsIL60070
445 S Cleveland Ave
Arlington HeightsIL60005
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
653 Hale Ct
WheelingIL60090
2422 N Kennicott Dr, Unit 2A
2422 N Kennicott Dr
Arlington HeightsIL60004
1511 N Windsor Dr
Arlington HeightsIL60004
1547 Quaker Ln
Prospect HeightsIL60070
Showing Results 1-25, 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 | $2,105 | $1,595 | $3,500 |
| Prospect Heights 3 Bedroom Homes for Rent | $3,406 | $2,450 | $5,500 |
| Prospect Heights 4 Bedroom Homes for Rent | $3,280 | $3,000 | $3,500 |
| Prospect Heights 5 Bedroom Homes for Rent | $7,000 | $7,000 | $7,000 |
Browse Top Homes for Rent in Prospect Heights
Explore Prospect Heights
Prospect Heights, IL Local Guide
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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 16 W Busse Ave in the Westgate neighborhood priced from $1,095. Briarwood Terrace Apartments in the North Northfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,475. Here is today’s list of the most affordable Prospect Heights apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 16 W Busse Ave | unit 1 | 1BR,1BA | $1,095 |
| Briarwood Terrace Apartments | Sandstone 1 | 1BR,1BA | $1,475 |
| Foxboro Apartments | Easton | 1BR,1BA | $1,619 |
| Mandalane | 1A | 1BR,1BA | $1,639 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1,659 |
Best Value Apartments for Rent in Prospect Heights, IL
As of July 25, 2025 the best value apartment in the Prospect Heights area is the $1.48 price per square foot 2 BR/ 2 BA Model at Piper Lane in the in the North Northfield neighborhood starting from $1,850. The second greatest value Prospect Heights apartment is the 3 Bedroom Model at Union Apartments starting at $2,200 with a $1.80 price per square foot in the McHenry Road 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. |
|---|---|---|---|
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.48 |
| Union Apartments | 3 Bedroom | 3BR,2BA | $1.80 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| Arlington Club Apartments | C | 2BR,1.5BA | $2.49 |
| Mallard Lake | Superior | 2BR,2BA | $1.92 |
| Brook Run | Juniper | 2BR,1BA | $2.42 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1.95 |
| Lake+House Apartments | 1 Bedroom | 1BR,1BA | $2.34 |
| Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
| Mandalane | 1A | 1BR,1BA | $2.40 |
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Frequently Asked Questions about Prospect Heights
What type of rentals are currently available in Prospect Heights?
There are currently 295 Apartments for Rent in Prospect Heights, IL with pricing that ranges from $1,095 to $10,820. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,500 to $7,000.
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 $7,000 with an average monthly rent of $3,560.
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 $3,740, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,450 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,000 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.