Bedroom count
Property type
Last updated on August 15, 2026
Last updated on August 15, 2026
Bedroom count
Property type
Median rent in Mount Prospect
$1,829/mo
vs previous year
The average rent in Mount Prospect is $1,829 per month as of August 2026. This is 5% below the national average rent, or $96 less per month.
average price per square foot
Available rentals in Mount Prospect
19
for rent on Zumper.com as of August 2026
Share of Mount Prospect rentals at each price point
Average rent prices in Mount Prospect have decreased by 4% over the last month and have increased by 8% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Mount Prospect vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Mount Prospect is $1,800, whereas a house costs $2,950. 1-bedroom apartments in Mount Prospect run $1,595 on average, while 2-bedroom apartments are $1,819.
Listings | ||||
|---|---|---|---|---|
Studio | $1,800 | 10% | - | |
1 bedroom | $1,594 | 1% | 44% | |
2 bedroom | $1,787 | 2% | 45% | |
3 bedroom | $2,975 | 5% | 2% | |
4 bedroom | $2,850 | 6% | 54% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Mount Prospect, IL.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,800 | 1% | No Change | |
Condos | $1,900 | 11% | No Change | |
Houses | $2,950 | 2% | No Change |
Studio
Average rent
$1,800
Last 30 days
10%
1 bedroom
Average rent
$1,594
Last 30 days
1%
Last year
44%
2 bedroom
Average rent
$1,787
Last 30 days
2%
Last year
45%
3 bedroom
Average rent
$2,975
Last 30 days
5%
Last year
2%
4 bedroom
Average rent
$2,850
Last 30 days
6%
Last year
54%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Mount Prospect, IL.
Apartments
Average rent
$1,800
Last 30 days
1%
Condos
Average rent
$1,900
Last 30 days
11%
Houses
Average rent
$2,950
Last 30 days
2%
The table above reflects average rent prices in Mount Prospect, IL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare median rent prices in Mount Prospect and Arlington Heights by all bedroom counts and property types.
Mount Prospect
lower than the national median
higher than the national median
Takeaway
The median rent for all rentals in Mount Prospect, IL is 12% lower than the median rent in Arlington Heights, IL.
Explore rent trends in neighboring markets
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Quick answers to common questions about the Mount Prospect rental market.
The average rent in Mount Prospect is $1,829 per month as of August 15, 2026.
Average rent prices in Mount Prospect have decreased by 4% over the last month and have increased by 8% since last year.
Rent in Mount Prospect is 5% below the national average, which means renters are paying approximately $96 less per month.
To comfortably afford rent in Mount Prospect, you'd need to earn approximately $73,000/year, based on spending no more than 30% of your income on rent.
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).