What are the average rent costs in Mount Prospect, IL?

The average rent in Mount Prospect, IL is $1,633.

What are the average rent costs of a studio apartment in Mount Prospect, IL?

The average rent for a studio apartment in Mount Prospect, IL is $1,913.

What are the average rent costs of a one bedroom apartment in Mount Prospect, IL?

The average rent for a 1 bedroom apartment in Mount Prospect, IL is $1,633.

What are the average rent costs of a two bedroom apartment in Mount Prospect, IL?

The average rent for a 2 bedroom apartment in Mount Prospect, IL is $1,858.

What are the average rent costs of a three bedroom apartment in Mount Prospect, IL?

The average rent for a 3 bedroom apartment in Mount Prospect, IL is $2,834.

Apartments for Rent Under- $1,000 in Mount Prospect, IL

STUDIO, 1.5 BATHS

$1,000

35 E Palatine Rd

35 E Palatine Rd, Prospect Heights, IL 60070

Mount Prospect at a Glance

Average Rent

$1,633

(All bedrooms and property types)

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Average Rent in Mount Prospect

School Rating

out of 10 Rating

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Schools in Mount Prospect

Some Transit

out of 100 TransitScore^® Rating

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Transportation in Mount Prospect

Somewhat Bikeable

out of 100 BikeScore^® Rating

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Transportation in Mount Prospect

Mount Prospect, IL Apartments for Rent

Mount Prospect is a Chicago suburb about 20 miles northwest of downtown, recognized for its outstanding public services and community standards. If you're searching for apartments for rent in Mount Prospect, you'll discover a well-maintained suburb with award-winning fire and police departments, easy access to O'Hare International Airport and Chicago Executive Airport, plus a calendar of community events including the annual Downtown Block Party and Celebration of Cultures.

Renting in Mount Prospect puts you in a prime spot for commuting, with two Interstate highways and two commuter rail systems connecting you to downtown Chicago in roughly 30 minutes by train or 40 minutes by car. The suburb offers shopping and dining variety—from local shops and restaurants downtown to Randhurst Village shopping center, complete with department stores, restaurants, and a movie theater. Four park districts throughout the area provide recreational options like mini golf, skating rinks, playgrounds, and an outdoor wave pool, making Mount Prospect ideal for renters who want suburban comfort with easy city access.

Renting in Mount Prospect

Average Rental Rates and Apartment Sizes

Apartment Type Average Sq Ft Average Rent
Studio 589 Sq Ft $1,913 / mo
1 Bedroom 693 Sq Ft $1,633 / mo
2 Bedrooms 916 Sq Ft $1,858 / mo
3 Bedrooms 1,493 Sq Ft $2,834 / mo

Top Budget-Friendly Neighborhoods in Mount Prospect

(For 1 bedroom apartments)

Neighborhoods Average Sq Ft Average Rent
Elk Ridge Villa 755 Sq Ft $1,553/mo
Downtown Mount Prospect 714 Sq Ft $2,415/mo
Colonial Manor 715 Sq Ft $2,424/mo

Getting Around Mount Prospect

Transportation

Somewhat Walkable

out of 100 WalkScore^® Rating

You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.

Bikeable

out of 100 BikeScore^® Rating

You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.

Some Transit

out of 100 TransitScore^® Rating

You'll likely want a car when living in this area since it has few transit options.

Scores provided by Walk Score^ⓘ

Education

College/University High School Middle School Elementary School

Oakton C.C., Des Plaines

Public University

Roosevelt Univ., Schaumburg Schaumburg Campus

Private University

Harper College

Public University

Oakton C.C., Skokie Campus Skokie Campus

Coll. of Lake Co., Southlake Southlake Campus

GreatSchools Rating

Prospect High School

Public High School

Public

Grades 9-12

Students

GreatSchools Rating

River Trails Middle School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

Holmes Jr High School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

Lincoln Middle School

Public Middle School

Public

Grades 6-8

Students

GreatSchools Rating

Lions Park Elementary School

Public Elementary School

Public

Grades K-5

Students

GreatSchools Rating

Fairview Elementary School

Public Elementary School

Public

Grades K-5

Students

GreatSchools Rating

Forest View Elementary School

Public Elementary School

Public

Grades K-5

Students

GreatSchools Rating

Indian Grove Elementary School

Public Elementary School

Public

Grades K-5

Students

Deals & Discounts

Price Range

Beds & Baths

Home Type

Pet Policy

Interior & Community Amenities

Speciality Housing

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Apartments under $1,000 for Rent in Mount Prospect, IL

35 E Palatine Rd

Can't find what you are looking for?

Mount Prospect at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Mount Prospect, IL Apartments for Rent

Renting in Mount Prospect

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Mount Prospect

Getting Around Mount Prospect

Transportation

Somewhat Walkable

Bikeable

Some Transit

Education

Mount Prospect Apartments for Rent in Your Budget

Thank You

Apartments under $1,000 for Rent in Mount Prospect, IL

35 E Palatine Rd

Can't find what you are looking for?

Mount Prospect at a Glance

Average Rent

School Rating

Some Transit

Somewhat Bikeable

Mount Prospect, IL Apartments for Rent

Renting in Mount Prospect

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Mount Prospect

Getting Around Mount Prospect

Transportation

Somewhat Walkable

Bikeable

Some Transit

Education

Mount Prospect Apartments for Rent in Your Budget

Thank You

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