New Apartments for Rent in Mount Prospect, IL (15 Rentals)

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Don'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.

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Prospect Senior Lofts
Built in 20251 to 2 Bedroom Apartments

Prospect Senior Lofts

2040 W Algonquin RdMount Prospect, IL 60056
Senior Living

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.

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1300 Jefferson St
Built in 20232 to 3 Bedroom Apartments

1300 Jefferson St

1300 Jefferson StDes Plaines, IL 60016
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Arbor Terrace Glenview
Built in 2019Studio to 2 Bedroom Apartments

Arbor Terrace Glenview

4700 W Lake AveGlenview, IL 60025
Senior Living
  • Utilities Included
  • Smoke Free
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1385 Brown St
Built in 20182 to 3 Bedroom Apartments

1385 Brown St

1385 Brown StDes Plaines, IL 60016

The 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.

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Philhaven
Built in 20171 to 3 Bedroom Apartments

Philhaven

2418 E Hintz RdArlington Heights, IL 60004

Mount Prospect, IL Local Guide

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Written By:
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Local Guide Expert

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.

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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. 

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

Explore Mount Prospect, IL Rentals by Map

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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

Frequently Asked Questions about New Mount Prospect Apartments

What is the Cheapest New apartment in Mount Prospect?

Currently the most affordable New Apartment in Mount Prospect is at 4 North Apartments listed at $1,875.

How much is the average rent for a New Mount Prospect Apartment?

The average rent for a New Apartment in Mount Prospect is $2,726.

What is the largest New Mount Prospect Apartment for rent?

Today's New apartment with the most square footage in Mount Prospect is a 2,731 square feet unit starting from $2,034 at 20West.

What is the average size for Mount Prospect New Apartments for rent?

The average size for a New rental in Mount Prospect is currently at 671 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.