Mount Prospect IL Apartments

39 rentals

Apartments For Rent Near Mount Prospect, IL

We found 30 more apartments matching your filters just outside Mount Prospect

Average Rent Trends in Mount Prospect, IL

Rent in Mount Prospect, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$1,948
Jul 2025$1,740
Aug 2025$1,679
Sep 2025$1,782
Oct 2025$1,726
Nov 2025$1,751
Dec 2025$1,856
Jan 2026$1,707
Feb 2026$1,709
Mar 2026$1,768
Apr 2026$1,626
May 2026$1,702
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,555$1,820$3,300$3,450$2,225
Townhomes$1,450$1,650$4,495$2,850$4,495
Apartments and Condos$1,450$1,694$2,225$14,507$1,650
Houses——$3,350$3,450$3,350
See more information about local market trends in Mount Prospect, IL

Frequently Asked Questions about Apartments and Condos for rent in Mount Prospect, IL

  • What is the average rent of an apartment in Mount Prospect, IL?
    The average rent of an apartment in Mount Prospect, IL is $1,684 per month. This is about 13% lower than the national average.
  • When is the average rent cheapest in Mount Prospect, IL?
    In the last year, the average rent in Mount Prospect, IL was lowest in Apr 2025 when it was $1,545 per month.
  • When is the average rent most expensive in Mount Prospect, IL?
    In the last year, the average rent in Mount Prospect, IL was highest in Jun 2025 when it was $1,948 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Mount Prospect, IL?
    The average rent of a 1 bedroom apartment in Mount Prospect, IL is $1,512 per month. That is about $534 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Mount Prospect, IL?
    There are 35 available apartments or condos to rent in Mount Prospect, IL.
  • What are some zip codes in Mount Prospect, IL?
    Mount Prospect, IL includes zip codes such as: 60056.
  • What are some cities near Mount Prospect, IL?
    Some nearby cities include: Prospect Heights, Des Plaines, Arlington Heights, Wheeling, Rolling Meadows. These cities may have more rental options to explore.