Prospect Heights

Background Image

Prospect Heights, IL Area Guide

Avg Rent

$1,417

Population

15,436

Renter Mix

37% Rent

Peaceful suburban living on the cusp of Chicago

Suburban Peaceful Commuter Historic Charming Active Residential Convenient

Located about 25 miles northwest of Chicago in the North Shore area, Prospect Heights is a predominantly residential suburb with a peaceful atmosphere. Parks, lakes, wooded areas, and nature preserves surround Prospect Heights in addition to the Des Plaines River and Lake Arlington. Residents consequently enjoy abundant options for outdoor recreation.

Prospect Heights is also convenient to a number of golf and country clubs, including Roby Roy Golf Course, Rolling Green Country Club, and Mission Hills Country Club. Shopping, dining, and entertainment opportunities abound at the nearby Randhurst Village. Commuting and traveling from Prospect Heights is easy with access to U.S. 12, U.S. 45, I-294, Metra, and Chicago Executive Airport.

Demographics

Median Household Income

$75,681

Average: $98,545

Education

5,140

Residents Have a Degree

Job Market

8,928

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

42 Years

Largest Age Group

35-44 Years

Approximately 14% of Residents

Under 20

22%

Over 65

22%

Housing Distribution

Prospect Heights has more homeowners than renters.

Renters
37%
Non-Renters
63%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
28%
Other Education
72%

Rent Trends

As of April 2026, the average apartment rent in Prospect Heights, IL is $1,530 for one bedroom, $1,688 for two bedrooms, and $2,076 for three bedrooms. Apartment rent in Prospect Heights has increased by 4.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,530/month
760 Sq Ft
Condo
$2,109/month
1,128 Sq Ft
See Rental Market Trends in Prospect Heights, IL

Getting Around

Fairly Walkable

Walkability

40 / 100

Limited Public Transit

Transit

30 / 100

Very Drivable

Drivability

80 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Betsy Ross Elementary School

Public

Grades K-5

311 Students

Anne Sullivan Elementary School

Public

Grades K-5

305 Students

Dwight D Eisenhower Elementary School

Public

Grades PK-5

354 Students

Macarthur Middle School

Public

Grades 6-8

492 Students

Points of Interest

Top Apartments in Prospect Heights

Houses for Rent in Prospect Heights

Search Nearby Rentals

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.