How many apartments are available in Chicago Heights, IL on Rentable.co?

Rentable.co has over 1,470 apartments available in Chicago Heights.

What is the average rent for a studio apartment in Chicago Heights, IL?

The average rent for a <a href='/chicago-heights-il/studio-apartments-for-rent' >studio apartment</a> in Chicago Heights is around $910 per month.

What is the average rent for a one-bedroom apartment in Chicago Heights, IL?

The average rent for a one-bedroom apartment in Chicago Heights is around $1,030 per month.

What is the average rent for a two-bedroom apartment in Chicago Heights, IL?

The average rent for a two-bedroom apartment in Chicago Heights is around $1,280 per month.

How expensive is it to rent an apartment in Chicago Heights, IL?

For a two-bedroom apartment in Chicago Heights, the average rent price is $1,280 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Chicago Heights, IL?

Based on average rent prices in Chicago Heights, to afford a <a href='/chicago-heights-il/studio-apartments-for-rent' >studio apartment</a> you would need an annual household income of $36,000 to live comfortably.

Apartments Near Prarie State College

Chicago Heights:
May Rent Report

Welcome to the May 2024 Chicago Heights Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Chicago Heights rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Chicago Heights and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Chicago Heights average rent prices in the chart below.

Monthly Rent Report

$1,500

$1,130

$750

$380

Jun. 2023

Jul. 2023

Aug. 2023

Sep. 2023

Oct. 2023

Nov. 2023

Dec. 2023

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

1 BR 2 BR

Chicago Heights Rent Prices Increase From April to May

Chicago Heights rent prices increased over the last month. From April to May, the city experienced a 0.37% increase for the price of a one-bedroom apartment. The rent price for a Chicago Heights one-bedroom apartments currently stands at $1,076.0.

When we take a look at the two-bedroom comparison from April to May, Chicago Heights experienced a -1.22% decrease for the price of a two-bedroom apartment. The rent price for a Chicago Heights two-bedroom apartments currently stands at $1,292.0.

May Prices: Chicago Heights vs. Surrounding Areas

Rent Prices in Chicago Heights and Surrounding Areas

Rent prices have increased in Chicago Heights over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Chicago Heights suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Chicago Heights suburbs
Rents did not decrease in any of the Chicago Heights suburbs.

May 2024 Pricing Trends: Chicago Heights vs. National Comparisons

New York, NY

San Francisco, CA

Washington, DC

Los Angeles, CA

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

$4,056

$3,039

$2,377

$2,336

$1,913

$1,300

$1,283

$1,178

$1,350

$2,700

$4,050

$5,400

Median Rent

Chicago Heights Rent Prices More Affordable Than Major Cities

Rent growth in Chicago Heights over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Chicago Heights average rent prices appear to be relatively affordable for local residents.

The price for a Chicago Heights one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Chicago Heights and surrounding area rent prices, take a look at the complete data set below.

Data set for Chicago Heights and suburbs

	1 BR May	1 BR M/M % Change	2 BR May	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.