salaryRent is lower than in 63% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 35.2 minutes each way. Most homes (76.9%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $56,480 a year. That is $27 an hour at a full-time job.
Is rent cheaper than other Illinois cities?
Yes. Rent here is cheaper than in most of Illinois. It is number 145 of 334 cities from cheapest to most expensive.
How much do households earn in Palos Hills?
Share of households by yearly income. 29.0% of households earn $100,000 or more.
Rent by apartment size in Palos Hills
| Size | Palos Hills | U.S. average |
|---|---|---|
| 1 bedroom | $1,295 | $1,324 |
| 2 bedrooms | $1,579 | $1,509 |
| 4 bedrooms | $2,239 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Palos Hills overall?
Everyday prices in Illinois overall are same as the U.S. average (index 100.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Palos Hills, so the Illinois figure is shown.
Taxes and bills in Palos Hills
Life in Palos Hills
Is it cheaper to rent or buy in Palos Hills?
Renting is cheaper right now: about $525 a month less.
Owning assumes a typical $279,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $27,920 for the down payment.
Frequently asked questions
What is the average rent in Palos Hills, IL?
Renting in Palos Hills costs a median of about $1,412 a month in 2026, including utilities. The Illinois median is $1,517.
How much do I need to make to live in Palos Hills?
To keep rent under 30% of income, you need about $56,480 a year, or $27 an hour at a full-time job.
Is Palos Hills cheap or expensive?
Palos Hills is rated Cheap: rent takes 18.8% of the typical household income of $90,090. It ranks 145th cheapest of 334 Illinois cities we track.
How much are property taxes in Palos Hills?
The median homeowner in Palos Hills pays $5,613 a year in property taxes, about 2.01% of the median home value.
Is Palos Hills more expensive than the national average?
Overall prices in Illinois are same as the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Palos Hills?
The median home value in Palos Hills is $279,200, about 3.1 times the typical yearly household income.
18,081 people live in Palos Hills. Numbers are typical (middle) values.