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

Rental Market Trends in Mount Prospect, IL

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Mount Prospect, IL is $2,200 per month, which is 13% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,200
22.2%
$400 increase month-over-month
0.0%
No change year over year

AVAILABLE RENTALS

55

APARTMENTS

$1,821

HOUSES

$3,577

TOWNHOUSES

$2,500
As of September 2026, apartments are the most affordable rental option in Mount Prospect, IL at $1,821 per month, while houses are the most expensive at $3,577 per month. Townhomes average $2,500 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$1,651
2 Bedrooms$1,800
3 Bedrooms$2,500
4 Bedrooms$3,577
All$2,200
As of September 2026, the average rent for a 1 bedroom rental in Mount Prospect, IL is $1,651 per month, followed by $1,800 for a 2 bedroom rental, $2,500 for a 3 bedroom rental, and $3,577 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -11% compared to the previous year, which is a $257 decrease.
This year (2026)
Last year (2025)

Rent distribution

43% of rentals have rent of $1,500-$2,199/month

Rental price range

The price range for rentals is $1,080 to $4,695.
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