Foreclosure Homes in Palos Heights, IL

Buyer vs Seller Market in Palos Heights, IL

Median home value: $408,997 as of 2026-08-14.

Median rent: $2,150 as of 2026-08-14.

Home values: +0.98% MoM, +4.41% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Rent Prices In Palos Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palos Heights, IL, is on a rollercoaster ride. The average rent price in Palos Heights, IL, is $2,265.00. Indeed, when looking to rent in Palos Heights, IL, you can expect to pay as little as $1,300.00 or as much as $5,500.00, with the average rent median estimated to be $2,150.00. The good news is that finding an affordable and desirable property to rent in Palos Heights, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.