Studio Apartments for Rent in Mount Prospect, IL (163 Rentals)

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The Dawson
$2,375
Total Monthly Price

Total Monthly Price

Base Rent
$2,375 - $3,620
Total Monthly Price
$2,375 - $3,620
Studio Apartments Available Now

The Dawson

235 E Prospect AveMount Prospect, IL 60056
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20West
$2,074 - $2,084
Total Monthly Price

Total Monthly Price

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

20West

20 W Northwest HwyMount Prospect, IL 60056
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529 W Dempster St
Studio Apartments

529 W Dempster St

529 W Dempster StMount Prospect, IL 60056
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1145 Boxwood Dr
Studio Apartments

1145 Boxwood Dr

1145 Boxwood DrMount Prospect, IL 60056

Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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323 Hawthorne Cir
Studio Apartments

323 Hawthorne Cir

323 Hawthorne CirMount Prospect, IL 60056

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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509 W Dempster St
Studio Apartments

509 W Dempster St

509 W Dempster StMount Prospect, IL 60056
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517 W Dempster St
Studio Apartments

517 W Dempster St

517 W Dempster StMount Prospect, IL 60056
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1-3 N Main St
Studio Apartments

1-3 N Main St

1-3 N Main StMount Prospect, IL 60056
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557 Dempster St
Studio Apartments

557 Dempster St

557 Dempster StMount Prospect, IL 60056
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515 W Dempster St
Studio Apartments

515 W Dempster St

515 W Dempster StMount Prospect, IL 60056

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.

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1195 N Boxwood Dr
Studio Apartments

1195 N Boxwood Dr

1195 N Boxwood DrMount Prospect, IL 60056
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553 W Dempster St
Studio Apartments

553 W Dempster St

553 W Dempster StMount Prospect, IL 60056
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1155 N Boxwood Dr
Studio Apartments

1155 N Boxwood Dr

1155 N Boxwood DrMount Prospect, IL 60056

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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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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Mount Prospect, IL Local Guide

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Staff Writer
Local Guide Expert

Largest Available Mount Prospect Studio Apartments

The largest available Studio apartment unit in Mount Prospect, IL is found at The Dawson in the Westgate neighborhood and is 668 square feet priced from $2,375. Arbor House in the Des Plaines Arlington Hts Corridor neighborhood has the second largest Studio, which is sized at 634 square feet and currently listed start at $2,150. Here is today’s list of the largest available Studio units in Mount Prospect:

Apartment ListingModel NameSquare FootagePriced From
The DawsonJ1 ALT668 Sq Ft$2,375
Arbor House37 Plan634 Sq Ft$2,150
4 North Apartments631 Sq Ft$1,800
20WestS1582 Sq Ft$2,074

Cheapest Available Mount Prospect Studio Apartments

As of June 10, 2026 the lowest priced Studio apartment unit in Mount Prospect, IL is the Studio Model starting from $1,700 at 4 North Apartments in the Downtown Mount Prospect neighborhood. The second most affordable Mount Prospect Studio is the Studio A Model at 10 North Main starting at $1,895 in the Westgate neighborhood. The average price for all Studio apartments in Mount Prospect is currently $2,025. Here is today’s list of the cheapest available Studio options in Mount Prospect:

Apartment ListingModel NamePriced From
4 North ApartmentsStudio$1,700
10 North MainStudio A$1,895
20WestS1$2,074
Arbor House46 Plan$2,100
The DawsonJ1 ALT$2,375

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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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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Frequently Asked Questions about Studio Mount Prospect Apartments

What is the Cheapest apartment in Mount Prospect with Studio?

Currently the most affordable Studio in Mount Prospect is at 4 North Apartments listed at $1,700.

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

The average rent for a Studio Apartment in Mount Prospect is $2,025.

What is the largest available Studio Mount Prospect Apartment for rent?

Today's apartment with the most square footage in Mount Prospect is a 668 square feet unit starting from $2,375 at The Dawson.

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

The average size for a Studio rental in Mount Prospect is currently 597 sq ft.

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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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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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.

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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.

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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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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Written by: Lauren Harrington

This article was written based on first-hand renter experiences and common layout challenges identified after move-in.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.