Housing data for Preston Heights, IL
Preston Heights, IL has an estimated 2,449 residents and 1,080 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Will County.
42.0% of households rent.
The median gross rent is $1,197 a month.
Figures last updated on .
- Residents
- 2,449 (±404)
- Housing units
- 1,080 (±155)
- Households that rent
- 42.0%
- Median gross rent
- $1,197
- Residents since 2015–2019
- −7.6%
What stands out in Preston Heights
Households that rent: 42.0% (±10.4 points) in Preston Heights, higher than in Will County (17.2%).
Median real estate taxes: $1,949 (±$570) in Preston Heights, lower than in Will County ($7,173).
Homes built before 1980: 72.1% (±14.7 points) in Preston Heights, higher than in Will County (37.1%).
Households without a vehicle: 13.0% (±7.4 points) in Preston Heights, higher than in Will County (3.9%).
- Renters and owners in Preston Heights
- Property taxes in Preston Heights
- Age of homes in Preston Heights
- Commute and cars in Preston Heights
Housing in Preston Heights at a glance
- Median rent: $1,197 median gross rent a month
- Rent by bedrooms: $1,049 median gross rent, 2 bedrooms
- Rent burden: 77.4% of renters pay 30% or more of income
- Renters and owners: 42.0% of households rent
- Income and affordability: $51,625 median household income
- Home values: $144,100 median home value
- Homeowner costs: $1,454 median monthly cost with a mortgage
- Property taxes: $1,949 median real estate taxes a year
- Types of homes: 12.1% of homes are in buildings of 5 or more units
- Bedrooms: 41.0% of homes have 3 or more bedrooms
- Age of homes: 72.1% of homes were built before 1980
- Vacancy rate: 3.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 64.4% heat with utility gas
- Commute and cars: 22.7 minutes average trip to work
- Growth: −7.6% residents since 2015–2019
- How long people stay: 31.3% moved in since 2020
- Crowding and facilities: 0.5% of homes have more than 1 person per room (Small sample: wide margin of error)
Preston Heights against Will County, its state and the nation
| Preston Heights | Will County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 2,449 (±404) | 701,462 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 1,080 (±155) | 254,278 (±158) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 42.0% (±10.4 points) | 17.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,197 (±$204) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Median household income | $51,625 (±$7,275) | $109,984 (±$1,819) | $83,390 (±$362) | $80,734 |
| Median home value | $144,100 (±$23,209) | $319,600 (±$3,152) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $1,949 (±$570) | $7,173 (±$64) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 72.1% (±14.7 points) | 37.1% (±0.8 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 22.7 minutes (±3.2) | 31.4 minutes (±0.5) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 84.3% (±7.6 points) | 94.1% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 39.4 years (±3.2) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Preston Heights covers 1.2 square miles of land, about 2,115 residents per square mile (Census Bureau Gazetteer).
How Preston Heights has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,651 (±335) | 2,449 (±404) | −7.6% | Not a measurable change |
| Housing units | 948 (±93) | 1,080 (±155) | +13.9% | Not a measurable change |
| Median gross rent | $988 (±$77) | $1,197 (±$204) | +21.2% | No measurable change after inflation |
| Median home value | $99,900 (±$17,530) | $144,100 (±$23,209) | +44.2% | No measurable change after inflation |
| Median household income | $49,196 (±$13,563) | $51,625 (±$7,275) | +4.9% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,299 (±$99) | $1,454 (±$213) | +11.9% | No measurable change after inflation |
| Median real estate taxes | $1,697 (±$424) | $1,949 (±$570) | +14.8% | No measurable change after inflation |
| Households that rent | 37.7% (±8.2 points) | 42.0% (±10.4 points) | +4.3 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±8.5 points) | 3.0% (±5.0 points) | +3.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Places near Preston Heights
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Joliet Township | 0.9 mi | $1,269 | $189,400 | 42.3% |
| Rockdale | 2.4 mi | $1,256 | $188,300 | 53.8% |
| Ingalls Park | 3.0 mi | $1,408 | $157,800 | 34.8% |
| Ridgewood | 3.3 mi | $1,634 | $161,300 | 30.5% |
| Joliet | 3.8 mi | $1,276 | $265,800 | 26.3% |
| Fairmont | 4.7 mi | $1,455 | $182,300 | 30.1% |
| Jackson Township (Will County) | 5.6 mi | $1,481 | $271,500 | 13.9% |
| Elwood | 5.7 mi | $1,201 | $237,500 | 21.1% |
Places in Illinois most like Preston Heights
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| South Chicago Heights | $1,196 | $149,300 | $58,691 | 39.4% |
| Rockford Township | $994 | $136,400 | $55,922 | 40.9% |
| Rockford | $985 | $129,000 | $54,752 | 45.1% |
| Belleville | $1,019 | $141,300 | $63,535 | 39.9% |
| Alton | $1,015 | $103,700 | $54,568 | 40.1% |
| Alton Township | $1,015 | $103,700 | $54,568 | 40.1% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Preston Heights, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD income limits for Preston Heights, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
Preston Heights is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Preston Heights
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Preston Heights beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Preston Heights, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Preston Heights, and send estimates and invoices from your phone.
Questions about Preston Heights
What is the average rent in Preston Heights, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Preston Heights is $1,197 (±$204) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Preston Heights?
The median gross rent for a one-bedroom home in Preston Heights, IL is $1,042 (±$432) a month (2020–2024 American Community Survey).
Are renters in Preston Heights rent-burdened?
77.4% of renting households in Preston Heights pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Preston Heights?
Preston Heights has an estimated 427 (±128) renting households, 42.0% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Preston Heights?
The median household income in Preston Heights is $51,625 (±$7,275) a year (2020–2024 American Community Survey).
What is the average home value in Preston Heights, IL?
The Census Bureau publishes the median: $144,100 (±$23,209) for owner-occupied homes in Preston Heights (2020–2024 American Community Survey).
Is Preston Heights growing?
In Preston Heights, the number of residents went from 2,651 in 2015–2019 to 2,449 in 2020–2024 (−7.6%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Preston Heights CDP, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Preston Heights CDP, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Preston Heights CDP, Illinois (place:61860, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .