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

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The most luxurious Apartments in Mount Prospect with high-end amenities, features, and finishes.

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Orion Prospect
Rent Specials
$1,355 - $3,543
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $3,543
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Orion Prospect

475 W Enterprise DrMount Prospect, IL 60056
Corporate Housing
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20West
$2,074 - $2,729
Total Monthly Price

Total Monthly Price

Base Rent
$2,074 - $2,729
Total Monthly Price
$2,074 - $2,729
Studio to 3 Bedroom Apartments Available Now

20West

20 W Northwest HwyMount Prospect, IL 60056
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The Dawson
$2,168 - $3,620
Total Monthly Price

Total Monthly Price

Base Rent
$2,168 - $3,620
Total Monthly Price
$2,168 - $3,620
Studio to 2 Bedroom Apartments Available Now

The Dawson

235 E Prospect AveMount Prospect, IL 60056
Student Living
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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.

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property at 11 S Wille St

$2,800

Total Monthly Price

Total Monthly Price

Base Rent
$2,800
Total Monthly Price
$2,800

2 Bedroom, 2 Bath Condo for Rent

Available Now

11 S Wille St, Unit 705

11 S Wille St
Mount ProspectIL60056
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

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.

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Orion ParkView
1 to 2 Bedroom Apartments

Orion ParkView

1821 W Golf RdMount Prospect, IL 60056
Corporate Housing

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!

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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.

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property at 2462 E Towne Blvd

$2,880

Total Monthly Price

Total Monthly Price

Base Rent
$2,880
Total Monthly Price
$2,880

2 Bedroom, 1.5 Bath Townhome for Rent

Available Oct 1

2462 E Towne Blvd

Arlington HeightsIL60004
property at 411 Hickory Dr

$3,000

Total Monthly Price

Total Monthly Price

Base Rent
$3,000
Total Monthly Price
$3,000

3 Bedroom, 3 Bath Condo for Rent

Available Now

411 Hickory Dr, Unit 5

411 Hickory Dr
WheelingIL60090

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-50, Page 1 of 2

Mount Prospect, IL Local Guide

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Local Guide Expert

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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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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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.

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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.

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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. 

Mount Prospect, IL
Population: 54,198

Ranked #716

in US Census Population by City

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Best Local Schools in
Mount Prospect, IL

School data provided by Great Schools

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

Explore Mount Prospect, IL Rentals by Map

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See the most popular apartments and homes in Mount Prospect, IL

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Frequently Asked Questions about Mount Prospect

How much are Studio apartments in Mount Prospect?

There are currently 159 Studio Apartments in Mount Prospect with rent ranges from $1,489 to $2,299 with an average price of $1,980.

What is the current price range for One Bedroom Mount Prospect Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Mount Prospect ranges from $1,350 to $4,041 with an average monthly rent of $1,968.

What does renting a Two Bedroom Apartment in Mount Prospect cost?

The monthly rent prices of Two Bedroom Apartments currently available in Mount Prospect range from $1,535 to $4,364. Today's average rental price for Two Bedrooms here is $2,385.

How expensive are Mount Prospect Three Bedroom Apartments?

There are currently 39 Three Bedroom Apartments listings available in Mount Prospect on ApartmentHomeLiving.com. The pricing ranges from $1,891 to $5,189 - averaging $3,303 for the location.

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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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.

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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.

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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.

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

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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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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.

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

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.