
Cheap Apartments for Rent in Mount Prospect, IL from $800 with Utilities Included (17 Rentals)
Apartments with Utilities Included.
Cheap Apartments in Mount Prospect.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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.

V.I.P. Apartments

Salem Walk Apartments

Carroll Square - NO FEES AT THIS PROPERTY!!
Who Pays for Utilities? Landlord or Tenant?
Your Guide to Understanding Who is Responsible for Which Utilities for When Renting. Click Below to Read More
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 | $1,942 | $995 | $3,470 |
Mount Prospect 1 Bedroom Apartments | $1,898 | $1,075 | $3,835 |
Mount Prospect 2 Bedroom Apartments | $2,324 | $1,400 | $5,145 |
Mount Prospect 3 Bedroom Apartments | $2,661 | $1,781 | $7,662 |
Mount Prospect 4 Bedroom Apartments | $9,155 | $8,141 | $10,000+ |
Explore Mount Prospect
Mount Prospect, IL Local Guide
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Quick Rent Budget Calculator
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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.
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 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 Hancock Square at Arlington Station listed at $1,792.
How much is rent for a Cheap One Bedroom Mount Prospect Apartment?
The lowest price for a Cheap One Bedroom Mount Prospect Apartment is $1,364 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 $1,506 at The Element.
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 $2,397.
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.