Bedroom count
Property type
Last updated on May 16, 2026
Last updated on May 16, 2026
Bedroom count
Property type
Median rent in Mount Prospect
$1,809/mo
vs previous year
The average rent in Mount Prospect is $1,809 per month as of May 2026. This is 7% below the national average rent, or $140 less per month.
average price per square foot
Available rentals in Mount Prospect
14
for rent on Zumper.com as of May 2026
Share of Mount Prospect rentals at each price point
This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Mount Prospect, IL, in the last 30 days, rent estimates may not represent the actual market.
Average rent prices in Mount Prospect have decreased by 3% over the last month and have decreased by 7% 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 $1,759, whereas a house costs $3,000. 1-bedroom apartments in Mount Prospect run $1,569 on average, while 2-bedroom apartments are $1,819.
Listings | ||||
|---|---|---|---|---|
Studio | $1,800 | 78% | - | |
1 bedroom | $1,800 | 5% | 26% | |
2 bedroom | $1,919 | 5% | 10% | |
3 bedroom | $3,100 | 1% | 12% | |
4 bedroom | $3,195 | 22% | 5% |
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 | $1,759 | 11% | No Change | |
Condos | $1,900 | 21% | No Change | |
Houses | $3,000 | 3% | No Change |
Studio
Average rent
$1,800
Last 30 days
78%
1 bedroom
Average rent
$1,800
Last 30 days
5%
Last year
26%
2 bedroom
Average rent
$1,919
Last 30 days
5%
Last year
10%
3 bedroom
Average rent
$3,100
Last 30 days
1%
Last year
12%
4 bedroom
Average rent
$3,195
Last 30 days
22%
Last year
5%
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
$1,759
Last 30 days
11%
Condos
Average rent
$1,900
Last 30 days
21%
Houses
Average rent
$3,000
Last 30 days
3%
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 $1,809 per month as of May 9, 2026.
Average rent prices in Mount Prospect have decreased by 3% over the last month and have decreased by 7% since last year.
Rent in Mount Prospect is 7% below the national average, which means renters are paying approximately $140 less per month.
To comfortably afford rent in Mount Prospect, you'd need to earn approximately $72,000/year, based on spending no more than 30% of your income on rent.
Mount Prospect offers good options for renters with pets, as 40% of listings welcome furry companions. With an average of 68 listings available monthly, pet owners have access to approximately 27 pet-friendly apartments to choose from.
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).