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Apartments under $1,600 for Rent in Mount Prospect, IL
164 Rentals
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1 BED$1,075+2 BEDS$1,430+
Briarwood Terrace Apartments
1501 S Wolf Rd, Prospect Heights, IL 60070 -
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STUDIO$1,445+1 BED$1,330+ReNew Des Plaines North & South
730 W Algonquin Rd, Des Plaines, IL 60016 -
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STUDIO$995+1 BED$1,095+16 W Busse Ave
16 W Busse Ave, Mount Prospect, IL 60056 -
2 BEDS$1,430Perry Grove Apartments
418 Perrie Dr, Elk Grove Village, IL 60007 -
1 BED$1,400
Salem Walk Apartments
3700 Salem Walk, Northbrook, IL 60062 -
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1 BED, 1 BATH$1,5001830 Knights Bridge Dr
1830 Knights Bridge Dr, Mount Prospect, IL 60056 -
1 BED, 1 BATH$1,600715 W Central Rd Unit A8
715 W Central Rd, Mount Prospect, IL 60056 -
2 BEDS, 1 BATH$1,600
1703 W Mansard Ln
1703 W Mansard Ln, Mount Prospect, IL 60056 -
1 BED, 1 BATH$1,4801720 Sable Ln Unit 102
1720 Sable Ln, Mount Prospect, IL 60056 -
1 BED, 1 BATH$1,595660 Perrie Dr
660 Perrie Dr, Elk Grove Village, IL 60007 -
Rent Special1 BED, 1 BATH$1,50018 E Old Willow Rd
18 E Old Willow Rd, Prospect Heights, IL 60070 -
1 BED, 1 BATH$1,5001 bedroom in Chicago IL 60056 Unit 2B
1100 N Wheeling Rd, Mount Prospect, IL 60056 -
1 BED$1,350Dryden Apartments
1 N Dryden Pl, Arlington Heights, IL 60004 -
1 BED$1,446
Orion ParkView
1821 W Golf Rd, Mount Prospect, IL 60056
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Clear All FiltersMount Prospect at a Glance
Mount Prospect, IL Apartments for Rent
Mount Prospect, located 20 miles northwest of downtown Chicago, offers apartments for rent in a community-focused setting. This Cook County suburb sits just four miles north of O'Hare International Airport, providing convenient access to major employment centers. Spanning 10.7 square miles, Mount Prospect's rental market includes one-bedroom apartments averaging $1,687, offering value while maintaining excellent transportation access via the Mount Prospect Metra station on the Union Pacific Northwest Line.
The village features multiple school districts and park systems that maintain local green spaces and recreational facilities. With a population of nearly 57,000 residents and a median household income of over $80,000, Mount Prospect combines suburban living with everyday conveniences. The Randhurst Village shopping center and local restaurants provide dining and retail options, while the location offers easy access to neighboring Arlington Heights, Des Plaines, and Elk Grove Village.
Renting in Mount Prospect
Average Rental Rates and Apartment Sizes
- Apartment Type Average Sq Ft Average Rent
- Studio 580 Sq Ft $1,921 / mo
- 1 Bedroom 692 Sq Ft $1,680 / mo
- 2 Bedrooms 918 Sq Ft $1,899 / mo
- 3 Bedrooms 1,374 Sq Ft $2,548 / mo
Top Budget-Friendly Neighborhoods in Mount Prospect
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- Elk Ridge Villa 728 Sq Ft $1,751/mo
- Colonial Manor 708 Sq Ft $2,267/mo
- Downtown Mount Prospect 726 Sq Ft $2,486/mo
Getting Around Mount Prospect
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
Apartments for Rent Near Mount Prospect
Mount Prospect Apartments for Rent in Your Budget
- Apartments with Move-In Specials in Mount Prospect, IL
- Mount Prospect Apartments Under $1,000
- Mount Prospect Apartments Under $1,100
- Mount Prospect Apartments Under $1,200
- Mount Prospect Apartments Under $1,300
- Mount Prospect Apartments Under $1,400
- Mount Prospect Apartments Under $1,500
- Mount Prospect Apartments Under $1,600
- Mount Prospect Apartments Under $1,700
- Mount Prospect Apartments Under $1,800
- Mount Prospect Apartments Under $1,900
- Mount Prospect Apartments Under $2,000
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About Our Deals
Apartment Finder utilizes the industry's largest and most complete database of real-time rents and availabilities to help you find an amazing deal on your next rental.
Price Drop
Apartment communities change their rental rates often - sometimes multiple times a day. We track the changes and keep you up to date when a rental rate decreases.
Best Value
"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
Rent Specials
Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.