Cheap 1 Bedroom Apartments for Rent in Mount Prospect, IL from $1,075 (17 Rentals)

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Victoria Hills
1 Bedroom Apartments

Victoria Hills

1854 S Phillip DrMount Prospect, IL 60056
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Rivertrail Apartments
1 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Des Plaines Apartments
1 Bedroom Apartments

Des Plaines Apartments

510-570 E Seegers RdDes Plaines, IL 60016
  • Utilities Included
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Shady Way
1 Bedroom Apartments

Shady Way

920 E Shady WayArlington Heights, IL 60005
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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1376 Brown
1 Bedroom Apartments

1376 Brown

1376-1384 Brown StDes Plaines, IL 60016
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214-222 S Pine Ave
1 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
  • Utilities Included
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Dryden Apartments
1 Bedroom Apartments

Dryden Apartments

1 N Dryden PlArlington Heights, IL 60004
  • Utilities Included
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315 SALEM LLC
1 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005

Mount Prospect, IL Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around Mount Prospect, IL

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Mount Prospect Apartments

What is the Cheapest Studio apartment in Mount Prospect?

Currently the most affordable Cheap Studio Apartment in Mount Prospect is at Orion Prospect listed at $1,424.

How much is rent for a Cheap One Bedroom Mount Prospect Apartment?

The lowest price for a Cheap One Bedroom Mount Prospect Apartment is $1,424 at Orion Prospect.

What is the lowest price for a Cheap Two Bedroom Mount Prospect Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Prospect is starting from $1,424 at Orion Prospect.

What is the most affordable Mount Prospect Three Bedroom Apartment?

The best deal on a cheap Mount Prospect Three Bedroom Apartment rental is at Orion Prospect and starts from $1,424.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.