What is the median rent in Preston Heights, IL?
The median gross rent in Preston Heights, IL is $1,197 (±$204) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 398 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Preston Heights, the median gross rent went from $988 in 2015–2019 to $1,197 in 2020–2024 (+21.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,197 (±$204)
- Rented homes
- 398 (±131)
- $2,000 or more
- 3.5%
- Since 2015–2019
- +21.2%
How much rent costs in Preston Heights
| Monthly gross rent | Preston Heights | Will County | Illinois | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±9.0 points) | 4.8% | 7.0% | 6.3% |
| $500 to $999 | 34.9% (±19.1 points) | 13.9% | 23.5% | 20.2% |
| $1,000 to $1,499 | 44.5% (±17.1 points) | 33.9% | 32.6% | 28.1% |
| $1,500 to $1,999 | 17.1% (±10.6 points) | 24.2% | 18.7% | 21.1% |
| $2,000 to $2,499 | 3.5% (±4.0 points) | 14.1% | 9.6% | 12.0% |
| $2,500 to $2,999 | 0.0% (±9.0 points) | 5.8% | 4.1% | 5.5% |
| $3,000 or more | 0.0% (±9.0 points) | 3.4% | 4.4% | 6.8% |
The most common range is $1,000 to $1,499, paid by 44.5% of renting households.
3.5% of rented homes in Preston Heights cost $2,000 or more a month.
Preston Heights against Will County, its state and the nation
| Preston Heights | Will County | Illinois | United States | |
|---|---|---|---|---|
| Median gross rent | $1,197 (±$204) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Rented homes paying rent | 398 (±131) | 39,997 (±1,562) | 1,587,238 (±10,609) | 42,849,984 |
In Preston Heights, median gross rent is lower than in Will County ($1,462).
It is not measurably different from Illinois ($1,274).
It is lower than the national figure ($1,413).
In Will County, Preston Heights ranks 38 of 51 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 450 of 2,063.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Preston Heights has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $988 (±$77) | $1,197 (±$204) | +21.2% | 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.
Median gross rent in places near Preston Heights
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Preston Heights | — | $1,197 (±$204) | — |
| Joliet Township | 0.9 mi | $1,269 (±$49) | Not measurably different |
| Rockdale | 2.4 mi | $1,256 (±$129) | Not measurably different |
| Ingalls Park | 3.0 mi | $1,408 (±$118) | Not measurably different |
| Ridgewood | 3.3 mi | $1,634 (±$152) | Higher |
| Joliet | 3.8 mi | $1,276 (±$48) | Not measurably different |
| Fairmont | 4.7 mi | $1,455 (±$178) | Not measurably different |
| Jackson Township (Will County) | 5.6 mi | $1,481 (±$814) | Not measurably different |
| Elwood | 5.7 mi | $1,201 (±$614) | Not measurably different |
Nearby places with a measurably higher figure: Ridgewood, IL ($1,634).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Will County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 32 | Joliet Township | $1,269 (±$49) |
| 33 | Rockdale | $1,256 (±$129) |
| 34 | Mokena | $1,254 (±$114) |
| 35 (tie) | Manhattan | $1,213 (±$253) |
| 35 (tie) | Manhattan Township | $1,213 (±$253) |
| 37 | Elwood | $1,201 (±$614) |
| 38 | Preston Heights | $1,197 (±$204) |
| 39 | Crete Township | $1,174 (±$61) |
| 40 | Green Garden Township | $1,123 (±$83) |
| 41 | Beecher | $1,078 (±$99) |
| 42 | Will Township | $1,077 (±$304) |
| 43 | Washington Township (Will County) | $1,061 (±$129) |
| 44 | Reed Township | $1,057 (±$92) |
Showing 13 of 51 places in Will County, ranked from highest to lowest.
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.
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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 has rent gone up in Preston Heights?
In Preston Heights, the median gross rent went from $988 in 2015–2019 to $1,197 in 2020–2024 (+21.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in Preston Heights cost more than $2,000 a month?
3.5% of rented homes in Preston Heights have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Preston Heights higher than in Will County?
In Preston Heights, median gross rent is lower than in Will County ($1,462).
It is not measurably different from Illinois ($1,274).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Preston Heights CDP, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Preston Heights CDP, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Preston Heights CDP, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
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 .
Related
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- Income and affordability in Preston Heights
- Home values in Preston Heights
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- Property taxes in Preston Heights
- Types of homes in Preston Heights
- Bedrooms in Preston Heights
- Age of homes in Preston Heights
- Heating fuel in Preston Heights
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- Population growth in Preston Heights
- How long people stay in Preston Heights
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by median rent
- Housing data for every place in Illinois