Average Rent in Mount Prospect, IL
Apartments & Houses by Size
Unlock the Atlas
Subscribers see more data, more boundaries, and richer insight.
Mount Prospect, Illinois, offers a welcoming suburban lifestyle just a short commuter’s ride from Chicago, making it a popular choice for professionals, families, and students alike. The city is known for its well‑maintained parks, such as Prospect Park and the scenic Prairie Crossing Trail, as well as easy access to the Metra Milwaukee District/North Line and major highways. A vibrant downtown district features boutique shops, diverse dining options, and community events that foster a close‑knit atmosphere. With reputable schools, a modern public library, and nearby amenities like the River Trails Golf Club, Mount Prospect consistently ranks as a desirable place to call home.
The rental market in Mount Prospect reflects this appeal, offering a balanced mix of apartments and single‑family homes across several neighborhoods, including Old Orchard, Westlake, and the historic downtown area. Prospective renters can choose from studio apartments typically in the $2100 range, while spacious three‑bedroom apartments and houses often approach the $3000‑$4000 range, providing options for various budgets and lifestyle needs. Whether you’re seeking a low‑maintenance apartment close to transit or a larger house with a backyard for family gatherings, Mount Prospect’s rental inventory delivers flexibility and quality. The city’s blend of suburban charm, convenient transportation, and an array of local amenities makes it an attractive destination for renters looking for both comfort and connectivity in the heart of Illinois.
Mount Prospect Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,244 | $2,251 | $1,999 – $2,453 | $2,113 – $2,375 |
| Apartment | 1 Bedroom | $1,944 | $1,833 | $1,095 – $2,771 | $1,500 – $2,455 |
| Apartment | 2 Bedroom | $2,457 | $2,049 | $1,545 – $3,751 | $1,740 – $3,221 |
| Apartment | 3 Bedroom | $2,592 | $2,396 | $1,781 – $4,499 | $2,039 – $2,750 |
| House | 3 Bedroom | $3,139 | $2,972 | $1,100 – $4,495 | $2,785 – $3,650 |
| House | 4+ Bedroom | $4,243 | $3,900 | $3,215 – $8,100 | $3,500 – $4,200 |
Current rent in Mount Prospect (all property types): Studio $2,244, 1 Bedroom $1,907, 2 Bedroom $2,449, 3 Bedroom $3,034, 4+ Bedroom $4,244.
Map of Village of Mount Prospect
Outlined area shows the city boundary. Shaded regions show where rentals cluster.
About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.