3 Bedroom Apartments for Rent in Mount Prospect, IL (37 Rentals)

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1-7 S Emerson St
3 Bedroom Apartments

1-7 S Emerson St

1-7 S Emerson StMount Prospect, IL 60056

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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213 W Prospect Ave
3 Bedroom Apartments

213 W Prospect Ave

213 W Prospect AveMount Prospect, IL 60056

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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Salem Lane Apartments
3 Bedroom Apartments

Salem Lane Apartments

211 N Kaspar AveArlington Heights, IL 60005
  • Utilities Included
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1300 Jefferson St
3 Bedroom Apartments

1300 Jefferson St

1300 Jefferson StDes Plaines, IL 60016
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1244 Brown St
3 Bedroom Apartments

1244 Brown St

1244 Brown StDes Plaines, IL 60016
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507 W Miner St
3 Bedroom Apartments

507 W Miner St

507 W Miner StArlington Heights, IL 60005
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471-475 Laurel Ave
3 Bedroom Apartments

471-475 Laurel Ave

471-475 Laurel AveDes Plaines, IL 60016
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Plum Creek
3 Bedroom Apartments

Plum Creek

350-375 Plum Creek DrWheeling, IL 60090
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721 S McKinley Ave
3 Bedroom Apartments

721 S McKinley Ave

721 S McKinley AveArlington Heights, IL 60005

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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514 Piper Ln
3 Bedroom Apartments

514 Piper Ln

514 Piper LnProspect Heights, IL 60070
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Salem Lane Apartments
3 Bedroom Apartments

Salem Lane Apartments

202-222 N Salem AveArlington Heights, IL 60005
  • Smoke Free
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121 W Campbell St
3 Bedroom Apartments

121 W Campbell St

121 W Campbell StArlington Heights, IL 60005
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1385 Brown St
3 Bedroom Apartments

1385 Brown St

1385 Brown StDes Plaines, IL 60016
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Philhaven
3 Bedroom Apartments

Philhaven

2418 E Hintz RdArlington Heights, IL 60004

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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Euclid Place
3 Bedroom Apartments

Euclid Place

501 W Euclid AveArlington Heights, IL 60004
  • Utilities Included

Mount Prospect, IL Local Guide

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Staff Writer
Local Guide Expert

Largest Available Mount Prospect 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Mount Prospect, IL is found at Lions Park Row in the Westgate neighborhood and is 2,231 square feet priced from $4,495. The Element in the Downtown Mount Prospect neighborhood has the second largest 3 Bedroom, which is sized at 1,800 square feet and currently listed start at $2,475. Here is today’s list of the largest available 3 Bedroom units in Mount Prospect:

Apartment ListingModel NameSquare FootagePriced From
Lions Park Row3102,231 Sq Ft$4,495
The Element3 Bed 1.5 Bath Townhouse Renovated1,800 Sq Ft$2,475
Lake+House Apartments3 Bedroom L1,250 Sq Ft$2,525
Residences at Arlington HeightsThe Algonquin1,128 Sq Ft$2,015

Cheapest Available Mount Prospect 3 Bedroom Apartments

As of February 21, 2026 the lowest priced 3 Bedroom apartment unit in Mount Prospect, IL is the The Algonquin Model starting from $1,960 at Residences at Arlington Heights in the Des Plaines Arlington Hts Corridor neighborhood. The second most affordable Mount Prospect 3 Bedroom is the 3b Model at Huntington Square starting at $2,200 in the Downtown Mount Prospect neighborhood. The average price for all 3 Bedroom apartments in Mount Prospect is currently $2,950. Here is today’s list of the cheapest available 3 Bedroom options in Mount Prospect:

Apartment ListingModel NamePriced From
Residences at Arlington HeightsThe Algonquin$1,960
Huntington Square3b$2,200
Lake+House Apartments3 Bedroom S$2,375
The Element3 Bed 1.5 Bath Townhouse Renovated$2,475
Lions Park Row322$4,295

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Mount Prospect Overview

The city of Mount Prospect is a popular suburb of Chicago with a population of near 55,000 people. Many of those residents love the area's urban feel and the multiple entertainment options offered all throughout town. The community is made up of young professionals who are looking for a quality school system for their young children. Most choose to live in an apartment first in order to save money then purchase a home later. 

Why live in Mount Prospect, IL?

Mount Prospect is a suburb of Chicago that has a growing population each year. It offers residents an urban surburban lifestyle that has plenty of entertainment options in the downtown area. The school system offered is one of the best in the United States today as the majority of the students are award-winning recipients of educational competitions offered by the state of Illinois. This gives a children a remarkable avenue to continuing their education at a higher level. Plus, Mount Prospect is an ideal location to raise an active family as the area is home to multiple outdoor parks. 

Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about 3 Bedroom Mount Prospect Apartments

What is the Cheapest apartment in Mount Prospect with 3 Bedroom?

Currently the most affordable 3 Bedroom in Mount Prospect is at Residences at Arlington Heights listed at $1,960.

How much is the average rent for a 3 Bedroom Mount Prospect Apartment?

The average rent for a 3 Bedroom Apartment in Mount Prospect is $2,950.

What is the largest available 3 Bedroom Mount Prospect Apartment for rent?

Today's apartment with the most square footage in Mount Prospect is a 2,231 square feet unit starting from $4,495 at Lions Park Row.

What is the average size for Mount Prospect 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Mount Prospect is currently 1,819 sq ft.

Expert Rental Resources

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.

Helpful Local Expert Guides

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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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Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

Written by: Nicole Harms

With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

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Best Neighborhoods to Rent in Near Chicago's Top Employers

Written by: Nicole Harms

Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.