
3 Bedroom Apartments for Rent in Mount Prospect, IL (38 Rentals)


The Element

Mount Prospect Greens

HQ Residences

Orion Prospect

20West

315 W Prospect Ave, Unit 1
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Briarwood Terrace Apartments

Buckingham

ReNew Des Plaines North & South

Residences at Arlington Heights
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Mount Prospect, IL Local Guide

How much does it cost to rent an apartment in Mount Prospect?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mount Prospect Studio Apartments | $1,922 | $995 | $3,135 |
Mount Prospect 1 Bedroom Apartments | $1,884 | $1,217 | $3,850 |
Mount Prospect 2 Bedroom Apartments | $2,393 | $1,445 | $4,815 |
Mount Prospect 3 Bedroom Apartments | $2,670 | $1,781 | $7,404 |
Mount Prospect 4 Bedroom Apartments | $9,108 | $8,104 | $10,000+ |
Browse Top Apartments in Mount Prospect
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Mount Prospect, IL Local Guide

- Mount Prospect Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Mount Prospect 3 Bedroom Apartments
The largest available 3 Bedroom apartment unit in Mount Prospect, IL is found at The Element in the Downtown Mount Prospect neighborhood and is 1,500 square feet priced from $2,745. GlenLake Village in the Downtown Northbrook neighborhood has the second largest 3 Bedroom, which is sized at 1,415 square feet and currently listed start at $2,495. Here is today’s list of the largest available 3 Bedroom units in Mount Prospect:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
The Element | Magnolia | 1,500 Sq Ft | $2,745 |
GlenLake Village | 3 Bedroom | 1,415 Sq Ft | $2,495 |
Residences at Arlington Heights | The Algonquin | 1,128 Sq Ft | $2,214 |
Orion Prospect | Jefferson | 1,067 Sq Ft | $2,335 |
Cheapest Available Mount Prospect 3 Bedroom Apartments
As of September 19, 2025 the lowest priced 3 Bedroom apartment unit in Mount Prospect, IL is the The Algonquin Model starting from $2,214 at Residences at Arlington Heights in the Des Plaines Arlington Hts Corridor neighborhood. The second most affordable Mount Prospect 3 Bedroom is the Jefferson Model at Orion Prospect starting at $2,335 in the Bristol Park neighborhood. The average price for all 3 Bedroom apartments in Mount Prospect is currently $2,670. Here is today’s list of the cheapest available 3 Bedroom options in Mount Prospect:
Apartment Listing | Model Name | Priced From |
---|---|---|
Residences at Arlington Heights | The Algonquin | $2,214 |
Orion Prospect | Jefferson | $2,335 |
GlenLake Village | 3 Bedroom | $2,495 |
The Element | Magnolia | $2,745 |
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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.
Best Local Schools in Mount Prospect, IL
Lions Park Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Prospect, IL Rentals by Map
See the most popular apartments and homes in Mount Prospect, IL
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $2,214.
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 $2,670.
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 1,500 square feet unit starting from $2,745 at The Element.
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 2,030 sq ft.
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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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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