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 June 2026, the average rent in Mount Prospect, IL is $2,330 per month, which is 19% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$2,330

23.9%$450 increase month-over-month

3.3%$75 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,752

HOUSES

$3,150

TOWNHOUSES

$2,795

As of June 2026, apartments are the most affordable rental option in Mount Prospect, IL at $1,752 per month, while houses are the most expensive at $3,150 per month. Townhomes average $2,795 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,485
2 Bedrooms	$1,871
3 Bedrooms	$2,795
4 Bedrooms	$3,998
All	$2,330

As of June 2026, the average rent for a 1 bedroom rental in Mount Prospect, IL is $1,485 per month, followed by $1,871 for a 2 bedroom rental, $2,795 for a 3 bedroom rental, and $3,998 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$1,450
2 Bedrooms	$2,500
3 Bedrooms	$2,795
4 Bedrooms	$4,000
All	$2,795

As of June 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, $2,795 for a 3 bedroom townhome, and $4,000 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,400
2 Bedrooms	$1,700
3 Bedrooms	$2,330
4 Bedrooms	$13,919
All	$1,675

As of June 2026, the average rent for a 1 bedroom apartment in Mount Prospect, IL is $1,400 per month, followed by $1,700 for a 2 bedroom apartment, $2,330 for a 3 bedroom apartment, and $13,919 for a 4 bedroom apartment.