Cheap Apartments for Rent in Mount Prospect, IL
60 rentals
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Use arrow keys to navigateNEW - 10 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,328 - $2,274/mo
1-3 Beds
1-2 BathsOrion Prospect | 475 W Enterprise Dr,
Mount Prospect, IL 60056
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,508 - $2,092/mo1-2 Beds1-2 BathsOrion ParkView | 1821 W Golf Rd,
Mount Prospect, IL 60056
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SPECIAL OFFERPET FRIENDLY$1,599 - $2,059/mo1-2 Beds1-2 BathsMount Prospect Greens | 1958 W Algonquin Rd,
Mount Prospect, IL 60056
PET FRIENDLY$1,600 - $2,150/mo1-3 Beds1-2 BathsHuntington Square Apartments | 1300 S Elmhurst Rd,
Mount Prospect, IL 60056
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PET FRIENDLYTotal price$2,199 - $2,975/mo1-2 Beds1-2 Baths20 West | 20 W Northwest Hwy,
Mount Prospect, IL 60056
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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 Sep 2026 compared to the previous month. Rent previously peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,300 |
| Nov 2025 | $2,000 |
| Dec 2025 | $2,300 |
| Jan 2026 | $1,950 |
| Feb 2026 | $1,990 |
| Mar 2026 | $2,000 |
| Apr 2026 | $1,950 |
| May 2026 | $1,900 |
| Jun 2026 | $2,448 |
| Jul 2026 | $2,200 |
| Aug 2026 | $1,848 |
| Sep 2026 | $2,143 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,643 | $1,800 | $2,500 | $3,577 | $1,950 |
| Townhomes | — | — | $2,550 | — | $2,550 |
| Apartments and Condos | $1,650 | $1,795 | $2,395 | — | $1,795 |
| Houses | — | $2,950 | $3,500 | $3,577 | $3,577 |
Frequently Asked Questions about Rentals 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 $1,808 per month. This is about 7% lower than the national average.
- What are the cheapest months to find an apartment to rent in Mount Prospect, IL?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,795 per month.
- How many cheap apartments are available in Mount Prospect, IL?There are 30 apartments to rent that are cheaper than the city’s average rent of $1,950.
- 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 Sep 2025 when it was $2,400 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 $1,643 per month. That is about $454 more than the cost of a studio apartment.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Mount Prospect, IL - 225 Rentas | Trulia