
Luxury Apartments for Rent in Mount Prospect, IL (53 Rentals)
The most luxurious Apartments in Mount Prospect with high-end amenities, features, and finishes.


Top of The Mount Apartments

HQ Residences

Total Monthly Price
10 North Main

Prospect Place Luxury Apartments

Total Monthly Price
1002 E Callero Cir, Unit 2, Unit 2

Total Monthly Price
The Dawson

Lions Park Row

510 N Fairview Ave

604 S Edward St
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.

304 E Golf Rd

11 W Prospect Ave

319 Elm Ct.

308 E Lincoln St

318 E Lincoln St

314 E Lincoln St

1410 N Lama Ln, Unit SI ID1237882P

Orion ParkView

ReNew Des Plaines North & South

Briarwood Terrace Apartments
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!

Residences at Arlington Heights

Ashton Arlington Heights

Buckingham

Lake+House Apartments

4 North Apartments

Arrive Glenview

ReNew Lake Arlington

GlenLake Village

Dunton Tower Apartments

Hancock Square at Arlington Station
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.

Central Park East

Arbor House

527 W Eastman St

1605 N Arlington Heights Rd

325 Columbia Ave

397 Alles St

17 Wildwood Rd

1405 E Central Rd, Unit Unit 122C

2221 S Crambourne Way

1243 S Mitchell Ave
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.

507 S Waterman Ave

2102 S Crambourne Way

17 E Willow Rd

1007 N Gibbons Ave

2073 Cambria Ct

1052 Margret St

2 W Ridge Ave

508 S Warrington Rd, Unit SI ID1237896P

1023 S Wolf Rd, Unit SI ID1032513P

701 E Higgins Rd, Unit SI ID1301334P
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Luxury Studio Apartments | $2,016 | $1,000 | $2,525 |
| Mount Prospect Luxury 1 Bedroom Apartments | $2,118 | $1,350 | $2,959 |
| Mount Prospect Luxury 2 Bedroom Apartments | $2,518 | $1,455 | $4,009 |
| Mount Prospect Luxury 3 Bedroom Apartments | $3,450 | $2,110 | $10,000+ |
| Mount Prospect Luxury 4 Bedroom Apartments | $11,980 | $7,776 | $10,000+ |
Browse Top Apartments in Mount Prospect
See all Apartments in Mount ProspectExplore Mount Prospect
Mount Prospect, IL Local Guide

- Mount Prospect Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleBest 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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleA 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 ArticleQuick 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.
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, ILPopulation: 54,198
Ranked #716
in US Census Population by City
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
Frequently Asked Questions about Mount Prospect
How much are Studio apartments in Mount Prospect?
There are currently 163 Studio Apartments in Mount Prospect with rent ranges from $1,000 to $2,525 with an average price of $2,016.
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 $2,959 with an average monthly rent of $2,118.
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 $1,455 to $4,009. Today's average rental price for Two Bedrooms here is $2,518.
How expensive are Mount Prospect Three Bedroom Apartments?
There are currently 40 Three Bedroom Apartments listings available in Mount Prospect on ApartmentHomeLiving.com. The pricing ranges from $2,110 to $10,006 - averaging $3,450 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

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.

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.

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.

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

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.

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.

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.

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.