3 Bedroom Apartments for Rent in Mount Prospect, IL (70 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
Orion Prospect
Rent Specials
$2,272 - $3,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,342 - $3,325

Total Monthly Price
Varies
3 Bedroom Apartments Available Sep 1

Orion Prospect

475 W Enterprise DrMount Prospect, IL 60056
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.

property at 321 N Fairview Ave

$2,950

Total Monthly Price

Total Monthly Price

Base Rent
$2,950

Total Monthly Price
$2,950

3 Bedroom, 1 Bath Home for Rent

Available Now

321 N Fairview Ave

Mount ProspectIL60056

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

close
View Me
1-7 S Emerson St
3 Bedroom Apartments

1-7 S Emerson St

1-7 S Emerson StMount Prospect, IL 60056
close
View Me
213 W Prospect Ave
3 Bedroom Apartments

213 W Prospect Ave

213 W Prospect AveMount Prospect, IL 60056

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!

property at 311 W Cypress St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

311 W Cypress St

Arlington HeightsIL60005
property at 1649 Western Ave

$3,450

Total Monthly Price

Total Monthly Price

Base Rent
$3,450

Total Monthly Price
$3,450

3 Bedroom, 2 Bath Home for Rent

Available Now

1649 Western Ave

NorthbrookIL60062
property at 330 Cambridge Rd

$4,000

Total Monthly Price

Total Monthly Price

Base Rent
$4,000

Total Monthly Price
$4,000

3 Bedroom, 2 Bath Home for Rent

Available Now

330 Cambridge Rd

Des PlainesIL60016

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Mount Prospect, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
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 2,122 square feet priced from $4,295. Arbor House in the Des Plaines Arlington Hts Corridor neighborhood has the second largest 3 Bedroom, which is sized at 1,417 square feet and currently listed start at $4,100. Here is today’s list of the largest available 3 Bedroom units in Mount Prospect:

Apartment ListingModel NameSquare FootagePriced From
Lions Park Row3222,122 Sq Ft$4,295
Arbor House39 Plan1,417 Sq Ft$4,100
GlenLake Village3 Bedroom 2 Bath1,415 Sq Ft$2,595
10 North Main3 Bed A1,390 Sq Ft$3,665
The Eagles3x2 deluxe carpet1,260 Sq Ft$2,482
Lake+House Apartments3 Bedroom L1,250 Sq Ft$2,544
Residences at Arlington HeightsThe Algonquin1,128 Sq Ft$2,245

Cheapest Available Mount Prospect 3 Bedroom Apartments

As of August 22, 2026 the lowest priced 3 Bedroom apartment unit in Mount Prospect, IL is the The Algonquin Model starting from $2,245 at Residences at Arlington Heights in the Des Plaines Arlington Hts Corridor neighborhood. The second most affordable Mount Prospect 3 Bedroom is the 3x2 deluxe carpet Model at The Eagles starting at $2,482 in the Bristol Park neighborhood. The average price for all 3 Bedroom apartments in Mount Prospect is currently $3,303. Here is today’s list of the cheapest available 3 Bedroom options in Mount Prospect:

Apartment ListingModel NamePriced From
Residences at Arlington HeightsThe Algonquin$2,245
The Eagles3x2 deluxe carpet$2,482
Lake+House Apartments3 Bedroom S$2,499
GlenLake Village3 Bedroom 2 Bath$2,595
10 North Main3 Bed A$3,665
Arbor House40 Plan$3,950
Lions Park Row322$4,295

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

Read Article

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

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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. 

Mount Prospect, IL
Population: 54,198

Ranked #716

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Prospect, IL Rentals by Map

View Map
Mount Prospect, IL Apartments Map
View Map
Mount Prospect, IL Rental Homes Map

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 $2,245.

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 $3,303.

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 2,122 square feet unit starting from $4,295 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 1,817 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

decorative image for The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago article

The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago

Written by: Nicole Harms

When choosing a place to live, there are many things you must consider. Your employer, your shopping preferences, and even schools are all important to think about. Yet cost of living is also important to know and plan for.

decorative image for Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible article

Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible

Written by: Nicole Harms

I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

decorative image for Chicago Relocation 101: Mastering Utilities, Registration, and the CTA article

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Written by: Nicole Harms

Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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

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

Written by: Nicole Harms

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

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.