Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Mount Prospect area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in Mount Prospect

1 - 10 of 10 Results
36
$2,084 - 2,459
20West
Deal
20 W Northwest Hwy Mount Prospect, IL
Studio - 1 BR | Available Now
Contact
Air Conditioning
In Unit Laundry
Storage
Disability Access
33
$2,440 - 3,820
Prospect Place Luxury Apartments
11 W Prospect Ave Mount Prospect, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Lions Park
7
$1,519 - 2,756
Mount Prospect Greens
Deal
2000 W Algonquin Rd Mount Prospect, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
37
$1,375 - 2,475
The Element
1550 Dempster St Mount Prospect, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
4
$2,375 - 3,655
The Dawson
235 E Prospect Ave Mount Prospect, IL
Studio - 2 BR | Available Now
Contact
Luxury
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Fitness Center
10
$2,625
1002 E Callero Cir Unit 2
Mount Prospect, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
1
$1,955 - 3,135
10 N Main
10 N Main St Mt Prospect, IL
Studio - 2 BR | Available Now
Contact
Dishwasher
1
$3,500
Gorgeous 3 Bedroom Home In Mount Prospect!
304 E Golf Rd Mount Prospect, IL
3 BR | Available Now
Contact
Dog Friendly
House
7
$1,150 - 1,699
Mount Prospect Greens
5.0
2000 W. Algonquin Rd Mount Prospect, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
$1,700
701 W Huntington Commons Rd Unit 114
Mount Prospect, IL
1 BR | Apr. 15, 2026
Contact
Balcony/Deck/Patio
Dishwasher
1 - 10 of 10 Results
  1. Home
  2. Chicago Area Apartments
  3. Mount Prospect

How much does it cost to rent an apartment in Mount Prospect?

Mount Prospect Apartments
Bed Type Average Rent Range
Studio $2,100 $1,960 - $2,380
1BR $1,540 $1,380 - $2,530
2BR $1,750 $1,490 - $3,660
3BR $2,480 $2,350 - $3,500
Frequently Asked Questions

How many apartments are available in Mount Prospect, IL on Rentable.co?

Rentable.co has over 1,428 apartments available in Mount Prospect.

What is the average rent for a studio apartment in Mount Prospect, IL?

The average rent for a studio apartment in Mount Prospect is around $2,100 per month.

What is the average rent for a one-bedroom apartment in Mount Prospect, IL?

The average rent for a one-bedroom apartment in Mount Prospect is around $1,540 per month.

What is the average rent for a two-bedroom apartment in Mount Prospect, IL?

The average rent for a two-bedroom apartment in Mount Prospect is around $1,750 per month.

How expensive is it to rent an apartment in Mount Prospect, IL?

For a two-bedroom apartment in Mount Prospect, the average rent price is $1,750 per month, which is similar to the national average of $1,650 per month.

Can I afford an apartment for rent in Mount Prospect, IL?

Based on average rent prices in Mount Prospect, to afford a studio apartment you would need an annual household income of $84,000 to live comfortably.

Neighborhoods

Lions Park

Search Cities Near Mount Prospect, IL

Arlington Heights, IL
Des Plaines, IL
Elk Grove Village, IL
Wheeling, IL
Park Ridge, IL
Palatine, IL
Buffalo Grove, IL
Northbrook, IL
Itasca, IL
Hoffman Estates, IL
Bensenville, IL
Glenview, IL
Schaumburg, IL
Roselle, IL
Addison, IL
Skokie, IL
Vernon Hills, IL
Winnetka, IL
Highland Park, IL
Lincolnwood, IL
Highwood, IL
Elmwood Park, IL
Elmhurst, IL
Melrose Park, IL
Hanover Park, IL
Barrington, IL
Evanston, IL
Glendale Heights, IL
Villa Park, IL
Lombard, IL
Hillside, IL
River Forest, IL
Maywood, IL
Mundelein, IL
Forest Park, IL
Oakbrook Terrace, IL
Carol Stream, IL
Oak Park, IL
Glen Ellyn, IL
Libertyville, IL
Chicago, IL
Berwyn, IL
Wheaton, IL
Riverside, IL
Cicero, IL
West Dundee, IL
Elgin, IL
La Grange, IL
Downers Grove, IL
Cary, IL
North Chicago, IL
West Chicago, IL
Clarendon Hills, IL
Westmont, IL
South Elgin, IL
Lisle, IL
Algonquin, IL
Grayslake, IL
Waukegan, IL
Gurnee, IL
Darien, IL
St. Charles, IL
Round Lake, IL
Lake in the Hills, IL
Naperville, IL
Geneva, IL
Woodridge, IL
Crystal Lake, IL
Burbank, IL
Batavia, IL
Pingree Grove, IL

Mount Prospect:
March Rent Report

Welcome to the March 2026 Mount Prospect Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2026 key findings and figures for the Mount Prospect rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Mount Prospect and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Mount Prospect average rent prices in the chart below.

Monthly Rent Report

$1,950
$1,460
$980
$490
$0
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
1 BR       2 BR

Mount Prospect Rent Prices Decrease From February to March

Mount Prospect rent prices decreased over the last month. From February to March, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Mount Prospect one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from February to March, Mount Prospect experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Mount Prospect two-bedroom apartments currently stands at $.

March Prices: Mount Prospect vs. Surrounding Areas

Rent Prices in Mount Prospect and Surrounding Areas

Rent prices have decreased in Mount Prospect over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Mount Prospect suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Mount Prospect suburbs

  • Rents did not decrease in any of the Mount Prospect suburbs.

March 2026 Pricing Trends: Mount Prospect vs. National Comparisons

Mount Prospect Rent Prices More Affordable Than Major Cities

Rent growth in Mount Prospect over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Mount Prospect average rent prices appear to be relatively affordable for local residents.

The price for a Mount Prospect one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Mount Prospect and surrounding area rent prices, take a look at the complete data set below.

Data set for Mount Prospect and suburbs

1 BR March 1 BR M/M % Change 2 BR March 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Mount Prospect Apartments
Mount Prospect Apartments by Neighborhood
Mount Prospect Apartments by Bedrooms
Mount Prospect Apartments with Amenities
Mount Prospect Apartments by Type
Colleges Near Mount Prospect
Mount Prospect Apartments by Zip Code