How much is rent in Mount Prospect, IL?

The average asking rent across the 5 listings we track in Mount Prospect, IL is $1,805/mo, with the cheapest starting at $1,465/mo. Prices change often, so confirm current rates on each listing.

What is the cheapest apartment for rent in Mount Prospect?

Orion Prospect Apartments is the lowest-priced rental we're tracking in Mount Prospect, IL at $1,465/mo. We rank every listing cheapest-first so the best-value options are always at the top.

What is the average rent by bedroom in Mount Prospect?

Based on the listings we track in Mount Prospect, IL: studios around $2,038/mo, one-bedrooms around $1,747/mo. These are averages and shift with availability.

Is Mount Prospect expensive to rent in?

Relatively no. Mount Prospect's average rent of $1,805/mo is about 9% below the IL state average of $1,978/mo, making it one of the more affordable markets in the state.

Apartments for Rent in Mount Prospect, IL

Across 5 rentals in Mount Prospect, IL, the cheapest we list is $1,465/mo and the average asking rent is around $1,805/mo. That puts Mount Prospect roughly 9% below the IL state average of $1,978/mo, so it's one of the more affordable markets in the state. By size, expect one-bedrooms around $1,747/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest

$1,465

lowest listed rent

Average rent

$1,8059% below IL

across all sizes

Average by sizevs IL typical

Studio$2,03812% above IL

1 bed$1,7473% below IL

207 S. Maple St, Mount Prospect, IL

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Renting in Mount Prospect, IL: common questions

How much is rent in Mount Prospect, IL?: The average asking rent across the 5 listings we track in Mount Prospect, IL is $1,805/mo, with the cheapest starting at $1,465/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Mount Prospect?: Orion Prospect Apartments is the lowest-priced rental we're tracking in Mount Prospect, IL at $1,465/mo. We rank every listing cheapest-first so the best-value options are always at the top.
What is the average rent by bedroom in Mount Prospect?: Based on the listings we track in Mount Prospect, IL: studios around $2,038/mo, one-bedrooms around $1,747/mo. These are averages and shift with availability.
Is Mount Prospect expensive to rent in?: Relatively no. Mount Prospect's average rent of $1,805/mo is about 9% below the IL state average of $1,978/mo, making it one of the more affordable markets in the state.

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Nearby cities

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