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Learn about the people, housing, costs and businesses in Preston Heights, Illinois
Real local data across mortgage, insurance, natural hazard, and place.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Preston Heights.
True all-in cost — P&I, taxes, insurance & utilities for homes in Preston Heights.
Find and compare lenders active near Preston Heights.
FEMA flood zones and flood insurance estimates for Preston Heights.
Seismic risk and earthquake insurance estimates for Preston Heights.
Wildfire exposure and insurance estimates for Preston Heights.
As of today, the 30-year fixed mortgage rate for Preston Heights is approximately 6.985% (6.994% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for Preston HeightsThe median home value in Preston Heights is $171k. The median monthly rent is $1,246. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Preston Heights have increased 36.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $1,179/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Preston Heights is $65k/year.
Calculate your buying powerThe largest employment sectors in Preston Heights are public administration (18%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.