15 N Dryden Pl
Arlington HeightsIL60004
Cheap Homes for Rent in Prospect Heights, IL from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Prospect Heights.
18 E Old Willow Rd, Unit 112 N
18 E Old Willow Rd
Prospect HeightsIL60070
350 Plum Creek Dr
WheelingIL60090
820 Mcintosh Ct
Prospect HeightsIL60070
3448 Salem Walk
NorthbrookIL60062
375 Plum Creek Dr
WheelingIL60090
16 E Old Willow Rd
Prospect HeightsIL60070
838 Mcintosh Ct
Prospect HeightsIL60070
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
4300 W Lake Ave
GlenviewIL60026
729 S McKinley Ave
Arlington HeightsIL60005
675 Pearson St
Des PlainesIL60016
651 Hapsfield Ln
Buffalo GroveIL60089
641 Hapsfield Ln
Buffalo GroveIL60089
1201 Pleasant Run Dr
WheelingIL60090
1006 Cove Dr
Prospect HeightsIL60070
1550 Sandpebble Dr
WheelingIL60090
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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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 | $2,061 | $1,595 | $2,400 |
| Prospect Heights 3 Bedroom Homes for Rent | $3,178 | $2,200 | $6,500 |
| Prospect Heights 4 Bedroom Homes for Rent | $5,499 | $3,500 | $9,000 |
Browse Top Homes for Rent in Prospect Heights
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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 Briarwood Terrace Apartments in the North Northfield neighborhood priced from $1,425. Mandalane in the McHenry Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,607. 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 | Northpoint 1 w/ Balcony | 1BR,1BA | $1,425 |
| Mandalane | 1A | 1BR,1BA | $1,607 |
| Foxboro Apartments | Easton | 1BR,1BA | $1,651 |
| Stonebridge of Arlington Heights | 1x1 A Reno | 1BR,1BA | $1,694 |
| GlenLake Village | 1 Bedroom / 1 Bathroom | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Prospect Heights, IL
As of April 27, 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 Milwaukee Avenue neighborhood starting from $1,850. The second greatest value Prospect Heights apartment is the Dakota Model at Northgate Crossing of Wheeling starting at $2,575 with a $2.16 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 |
| Northgate Crossing of Wheeling | Dakota | 2BR,2BA | $2.16 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| Mallard Lake | Superior: Enhanced | 2BR,2BA | $2.37 |
| Arlington Club Apartments | B | 2BR,1BA | $2.43 |
| Stonebridge of Arlington Heights | 1x1 A | 1BR,1BA | $2.03 |
| Lake+House Apartments | 1 Bedroom | 1BR,1BA | $2.31 |
| Mandalane | 1D | 1BR,1BA | $2.38 |
| Hunt Club Apartments | Oak (1Bed G-R) | 1BR,1BA | $2.50 |
| Briarwood Terrace Apartments | Northpoint 1 | 1BR,1BA | $2.42 |
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Frequently Asked Questions about Prospect Heights
What type of rentals are currently available in Prospect Heights?
There are currently 288 Apartments for Rent in Prospect Heights, IL with pricing that ranges from $1,200 to $7,766. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Heights ranging from $1,350 to $9,000.
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 $1,350 to $9,000 with an average monthly rent of $3,127.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.