What's the average rent in Mount Prospect, IL?

Rental Market Trends in Mount Prospect, IL

Search for Apartments in Mount Prospect, IL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Mount Prospect, IL is $2,195 per month, which is 12% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,195

-4.9%-$114 decrease month-over-month

-0.2%-$5 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,756

HOUSES

$3,300

TOWNHOUSES

$2,400

As of August 2026, apartments are the most affordable rental option in Mount Prospect, IL at $1,756 per month, while houses are the most expensive at $3,300 per month. Townhomes average $2,400 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,525
2 Bedrooms	$1,750
3 Bedrooms	$2,700
4 Bedrooms	$16,624
All	$2,195

As of August 2026, the average rent for a 1 bedroom rental in Mount Prospect, IL is $1,525 per month, followed by $1,750 for a 2 bedroom rental, $2,700 for a 3 bedroom rental, and $16,624 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,450
2 Bedrooms	$2,500
3 Bedrooms	$2,400
4 Bedrooms	—
All	$2,400

As of August 2026, the average rent for a 1 bedroom townhome in Mount Prospect, IL is $1,450 per month, followed by $2,500 for a 2 bedroom townhome, and $2,400 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,443
2 Bedrooms	$1,700
3 Bedrooms	$2,200
4 Bedrooms	$16,624
All	$1,700

As of August 2026, the average rent for a 1 bedroom apartment in Mount Prospect, IL is $1,443 per month, followed by $1,700 for a 2 bedroom apartment, $2,200 for a 3 bedroom apartment, and $16,624 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,950
3 Bedrooms	$3,550
4 Bedrooms	$3,159
All	$3,300

As of August 2026, the average rent for a 2 bedroom house in Mount Prospect, IL is $2,950 per month, followed by $3,550 for a 3 bedroom house, and $3,159 for a 4 bedroom house.