What's the average rent in Mount Prospect, IL?
Rental Market Trends in Mount Prospect, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Mount Prospect, IL is $1,900 per month, which is 2% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,900
2.7%$50 increase month-over-month
-19.1%-$450 decrease year-over-year
AVAILABLE RENTALS
65
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, townhomes are the most affordable rental option in Mount Prospect, IL at $2,495 per month, while houses are the most expensive at $3,400 per month. Apartments average $2,699 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $1,815 |
| 3 Bedrooms | $2,700 |
| 4 Bedrooms | $3,500 |
| All | $1,900 |
As of November 2026, the average rent for a 1 bedroom rental in Mount Prospect, IL is $1,600 per month, followed by $1,815 for a 2 bedroom rental, $2,700 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,495 |
| 4 Bedrooms | — |
| All | $2,495 |
As of November 2026, the average rent for a 3 bedroom townhome in Mount Prospect, IL is $2,495 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,600 |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | — |
| All | $1,800 |
As of November 2026, the average rent for a 1 bedroom apartment in Mount Prospect, IL is $1,600 per month, followed by $1,800 for a 2 bedroom apartment, and $1,900 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $3,250 |
| 4 Bedrooms | $3,500 |
| All | $3,400 |
As of November 2026, the average rent for a 3 bedroom house in Mount Prospect, IL is $3,250 per month, followed by $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -5% compared to the previous year, which is a $100 decrease.
This year (2026)
Last year (2025)
Rent distribution
55% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,025 to $4,495.
