Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect Heights area can be challenging. Home prices in Prospect Heights are now at a median cost of $190,155, lower than the Illinois average of $242,002.
The average cost of rent is $1,273/mo in Prospect Heights, primarily driven by the current value of real estate in the Prospect Heights area. While nearly 56.40% of residents own their homes outright in Prospect Heights, 41.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect Heights is $5,521 per month. Households that rent pay about 23.05% of their income on rent here. Prospect Heights's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Wheeling, IL: higher priced homes
- Mount Prospect, IL: higher priced homes
- Arlington Heights, IL: higher priced homes
- Northbrook, IL: higher priced homes
- Glenview Nas, IL: higher priced homes
- Des Plaines, IL: equally priced homes
- Buffalo Grove, IL: higher priced homes
- Riverwoods, IL: higher priced homes
- Deerfield, IL: higher priced homes
- Glenview, IL: higher priced homes
Cities with Similar Populations
- Shiloh, IL: equally priced homes
- El Reno, OK: less expensive homes
- El Segundo, CA: higher priced homes
- Elkhorn, WI: higher priced homes
- Ellington, CT: higher priced homes
- Eloy, AZ: less expensive homes
- Emmett, ID: higher priced homes
- Eureka, MO: higher priced homes
- Fairhaven, MA: higher priced homes
- Fairview, CA: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood