21 Hours Ago
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Pet Friendly
Location
501 E Prospect Ave #1D, Mount Prospect, IL 60056, USA
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Amenities for 501 E Prospect Ave #1D
Apartment Amenities
| Forced Air | Linoleum Vinyl |
| Walk-in Closet | Water |
Appliances
| Garbage Disposal | Microwave |
| Range/Oven | Refrigerator |
Tech
| Cable Ready |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Sewage |
Grounds
| Assigned Parking | Off-Street Parking |
| Storage |
Neighborhood
| Near Parks |
Other
| Designated Space |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 501 E Prospect Ave #1D
Property Id: 2383223 Located in the heart of Mount Prospect, this clean and well-maintained lean and bright 1-bedroom, 1-bath floor unit offers exceptional walkability and convenience. Just minutes walking to the Metra station, downtown shopping, dining, parks, and schools. Easy access to I-90 and I-294. The unit features a spacious 14x12 bedroom with a 6x5 walk-in closet plus a bonus linen closet. Luxury Vinyl Planking flooring throughout. Updated bath, and large windows providing abundant natural light. Quiet building. Tons Of Storage . Includes: 1 assigned parking space Visitor parking available Coin laundry in building steps from the unit Additional storage closet School Districts 54 & 214 Rental Requirements: Good credit required Income minimum 2.5x monthly rent Income verification required Tenant pays, gas and electric. Great opportunity to live steps from everything downtown Mount Prospect has to offer.
Address details
| Zip code | 60056 |
|---|---|
| Type | Condo for rent |
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Rent trends in Mount Prospect
1-bedroom apartments at 501 E Prospect Ave #1D cost about 9% more than the average rent price for 1-bedroom apartments in Mount Prospect.
Median rents as of Feb 14 2026.
Mount Prospect
| Month | Median Rent |
|---|---|
| March 2024 | $1,413 |
| April 2024 | $1,523 |
| May 2024 | $1,421 |
| June 2024 | $1,390 |
| July 2024 | $1,418 |
| August 2024 | $1,245 |
| September 2024 | $1,237 |
| October 2024 | $1,050 |
| November 2024 | $1,308 |
| December 2024 | $1,252 |
| January 2025 | $1,385 |
| February 2025 | $1,458 |
| March 2025 | $1,365 |
| April 2025 | $1,425 |
| May 2025 | $1,461 |
| June 2025 | $1,495 |
| July 2025 | $1,489 |
| August 2025 | $1,448 |
| September 2025 | $1,305 |
| October 2025 | $1,439 |
| November 2025 | $1,403 |
| December 2025 | $1,490 |
| January 2026 | $1,452 |
| February 2026 | $1,468 |
Affordability calculator
Can I afford to live at 501 E Prospect Ave #1D?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$63,200/yr
With your selected rent-to-income ratio, you'd ideally want to make $63,200 annually to afford this 1-bedroom monthly rent price of $1,580.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 3 years ago | $1,295 | 1 bed | 1 bath | ||
| 3 years ago | $1,300 | 1 bed | 1 bath | ||
| 5 years ago | $1,100 | 2 bed | 1 bath | ||
| 6 years ago | $1,400 | 2 bed | 1 bath | ||
| 6 years ago | $1,275 | 2 bed | 1 bath |
Schools near 501 E Prospect Ave #1D
Lions Park Elementary School
300 e council trl
mt prospect, IL, 60056
2-5Public
B+
Westbrook Early Learning Center
103 s busse rd
mt prospect, IL, 60056
PK, K-1Public
B
The Early Learning Center
1900 w lonnquist blvd
mt prospect, IL, 60056
PKPublic
Prairie Trails School
805 n burning bush ln
mt prospect, IL, 60056
PK, KPublic
Early Learning Center
10000 dee rd
des plaines, IL, 60016
PKPublic
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Internet available near 501 E Prospect Ave #1D
Getting around Mount Prospect near 501 E Prospect Ave #1D
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 501 E Prospect Ave #1D, Mount Prospect
Groceries
4/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
9/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 501 E Prospect Ave #1D
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Mariano's
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Starbucks
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Starbucks
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Emerson's Ale House
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Brick City Tavern
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Station 34 Pizza & Pub
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Patina Wine Bar
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Trezeros Kitchen & Tap
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Walmart Bakery
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Crave Cookies-Mount Prospect
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Lions Memorial Park
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Dimucci-Lowenberg Park
Busse Park
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The Brass Tap
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Pueblo Viejo Restaurant
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MRS P & Me
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House of Szechwan
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