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Cheap Apartments for Rent in Prospect Heights IL - 63 Rentals

Briarwood Terrace Apartments

1501 S Wolf Rd, Prospect Heights, IL 60070
1 / 48

Matterport 3D Tours
$1,075 - $3,190

1-3 Beds, 1-2 Baths

1 Month Free
V.I.P. Apartments

850 Corey Ln, Wheeling, IL 60090
1 / 38

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Matterport 3D Tours
$1,200 - $1,900

Studio - 2 Beds

Cats Allowed Pool Dishwasher Refrigerator Kitchen Clubhouse
1100 N Wheeling Rd Unit B3

1100 N Wheeling Rd, Mount Prospect, IL 60056
$1,500

1 Bed, 1 Bath
1100 N Wheeling Rd Unit 2B

1100 N Wheeling Rd Unit 2B, Mount Prospect, IL 60056
1 / 5
$1,500

1 Bed, 1 Bath
3220 Sanders Rd Unit 2D

3220 Sanders Rd Unit 2D, Northbrook, IL 60062
1 / 5
$1,550

1 Bed, 1 Bath
860 E Old Willow Rd Unit 142

860 E Old Willow Rd Unit 142, Prospect Heights, IL 60070
1 / 5
$1,600

1 Bed, 1 Bath
Lake+House Apartments

333 Woodcreek Rd, Wheeling, IL 60090
1 / 50

Matterport 3D Tours
$1,735 - $2,990

1-3 Beds, 1-2 Baths

Discounts
Piper Lane

7 E Piper Ln, Prospect Heights, IL 60070
$1,850

2 Beds, 2 Baths
1417 Cove Dr

1417 Cove Dr, Prospect Heights, IL 60070
1 / 25
$1,950

2 Beds, 1 Bath
1550 Sandpebble Dr Unit 309

1550 Sandpebble Dr Unit 309, Wheeling, IL 60090
1 / 5
$2,000

2 Beds, 2 Baths
1525 Sander Ct Unit 113

1525 Sander Ct Unit 113, Wheeling, IL 60090
1 / 5
$2,000

2 Beds, 2 Baths
16 E Old Willow Rd Unit 206S

16 E Old Willow Rd Unit 206S, Prospect Heights, IL 60070
1 / 22
$2,050

2 Beds, 2 Baths
1575 Sandpebble Dr

1575 Sandpebble Dr, Wheeling, IL 60090
1 / 5
$2,200

2 Beds, 2 Baths
210 W Wimbolton Dr

210 W Wimbolton Dr, Mount Prospect, IL 60056
1 / 23
$3,250

3 Beds, 2.5 Baths
1694 Sienna Ct

1694 Sienna Ct, Wheeling, IL 60090
1 / 34
$3,500

4 Beds, 2.5 Baths
107 E Clarendon St

107 E Clarendon St, Prospect Heights, IL 60070
1 / 5
$3,800

4 Beds, 2 Baths
1712 E Maya Ln

1712 E Maya Ln, Mount Prospect, IL 60056
1 / 5
$4,200

3 Beds, 3 Baths

Illinois Cook County Prospect Heights

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Prospect Heights, IL Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Prospect Heights. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Prospect Heights tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Prospect Heights IL

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically more affordable during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price. Cheap apartments in Prospect Heights tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.

Prospect Heights, IL Rental Insights

Average Rent Rates

What is the average rent in Prospect Heights, IL?

The average rent in Prospect Heights is $1,543. When you rent an apartment in Prospect Heights, you can expect to pay as little as $1,543 or as much as $1,836, depending on the location and the size of the apartment.

What is the average rent of a 1 bedroom apartment in Prospect Heights, IL?

The average rent for a one bedroom apartment in Prospect Heights, IL is $1,543 per month.

What is the average rent of a 2 bedroom apartment in Prospect Heights, IL?

The average rent for a two bedroom apartment in Prospect Heights, IL is $1,639 per month.

What is the average rent of a 3 bedroom apartment in Prospect Heights, IL?

The average rent for a three bedroom apartment in Prospect Heights, IL is $1,836 per month.