Preston Heights, IL Rental Market Trends
Highlights
The average rent for an apartment in Preston Heights is $987, a 7% increase compared to the previous year, when the average rent was $926.
Average Rent in Preston Heights, IL
Last updated November 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $987 | 7% | 826 sq. ft. |
The average size for a Preston Heights, IL apartment is 826 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Preston Heights, IL Apartment Rent Ranges
- $701-$1,00024%
- $1,001-$1,50076%
Preston Heights, IL Occupied Housing Units
- Renter-occupied Households35%
- Owner-occupied Households64%
343 or 35% of the households in Preston Heights, IL are renter-occupied while 625 or 64% are owner-occupied.
Preston Heights, IL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Nov / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Preston Heights, IL | $795 | $845 | $818 | $894 | $861 | $926 | $926 | $857 | $976 | $987 |
| National | $1,342 | $1,350 | $1,346 | $1,378 | $1,380 | $1,383 | $1,418 | $1,427 | $1,431 | $1,466 |
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How Does Preston Heights Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Plainfield | $1,609 | 4% |
| Joliet | $1,007 | 3% |
| Joliet City | $1,007 | 3% |
| Bolingbrook | $1,346 | 1% |
| Crest Hill | $1,051 | 4% |
| Romeoville | $1,484 | 7% |
| Channahon | $1,283 | 2% |
| University Park | $1,030 | 3% |
| Preston Heights | $987 | 7% |
For more information about the Preston Heights rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Preston Heights apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.