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Palos Heights, IL Home for Rent

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  • /25

    $3,100 Per Month

    • 3 Beds
    • 1 Bath
    • 950 Sq Ft
    • House for Rent

    11920 S 74th Ave, Palos Heights, IL 60463

    Charming rehabbed 3-bedroom, 1-bath home for rent in highly desirable Palos Heights! This beautifully updated home features a stunning new kitchen, gorgeous new wood floors, and a bright, inviting layout filled with natural light. Enjoy comfortable living with spacious bedrooms, updated finishes, and a warm, welcoming feel throughout. Step outside to a large deck overlooking a beautiful backyard

    Melanie Roman RE/MAX 1st Service

    11920 S 74th Ave, Palos Heights, IL 60463

Why Live in Palos Heights

Palos Heights, Illinois, is a suburban enclave located about 20 miles southwest of downtown Chicago. This community is surrounded by segments of the Forest Preserves of Cook County, offering a blend of convenience and nature with an average commute time of 30 minutes to the city. The housing market features single-family homes, townhouses, and condominiums, with neighborhoods like Colonial Heights and Ishnala providing diverse home styles. Palos Community Consolidated School District 118 and Amos Alonzo Stagg High School are highly rated, while Chicago Christian High School and St. Alexander School also offer quality education options. Attractions in Palos Heights include the Palos Forest Preserves, which span 25 square miles and offer hiking, biking, and equestrian trails. Arrowhead Lake and Lake Katherine Nature Center and Botanic Gardens provide additional outdoor activities. The Cal-Sag Trail connects the city to nearby areas, and Community Park offers various sports facilities. Dining and shopping are concentrated along Harlem Avenue and Route 83, with local favorites like Frangella Italian Market and Harvest Room. The Palos Heights Farmers Market is a seasonal highlight. The city hosts the Classic Car Event each July, showcasing vintage automobiles. Major roads and the nearby Palos Park Metra station ensure connectivity, with Chicago Midway International Airport 12 miles away and Chicago O’Hare International Airport 30 miles away. Northwestern Medicine Palos Hospital is a key local employer and healthcare provider.

Frequently Asked Questions

How much does it cost to rent a home in Palos Heights, IL?
The median rent for a home in Palos Heights, IL is $3,025 per month, though prices vary by neighborhood, size, and property type. As of June 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Palos Heights, IL?
To comfortably afford the median rent in Palos Heights, IL, a household needs to earn roughly $121,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,025 per month in Palos Heights, IL, renters typically need to show $9,075 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Palos Heights, IL?
In Palos Heights, IL, the price-to-rent ratio is 9.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Palos Heights, IL are best for renting a home?
The best neighborhood for renting in Palos Heights, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Silver Lake South, Mount Greenwood, Centennial Park and Orland Grove, each with its own character and price range.

Rental Trends in Palos Heights, IL

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,025
Median Single Family Home Rent
$3,100
Median Townhouse Rent
$2,800
Median Condo Rent
$2,950
How to Rent a Home