
Studio Apartments for Rent in Mount Prospect, IL (158 Rentals)


Total Monthly Price
20West

HQ Residences Apartments

Top of The Mount Apartments

The Emerson at Village Centre

Cinnamon Cove Condominiums

529 W Dempster St

1145 Boxwood Dr

900-908 N Boxwood Dr

357 W Hawthorne Cir
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.

1040-1046 N Wheeling Rd

950-964 N Wheeling Rd

1020-1030 N Wheeling Rd

1128-1134 N Boxwood Dr

317 W Hawthorne Cir

301 W Hawthorne Cir

1148-1154 N Boxwood Dr

1008-1014 N Boxwood Dr

509 W Dempster St

517 W Dempster St
Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!
Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

315 W Hawthorne Cir

1230-1238 E Boxwood Dr

1210-1218 N Boxwood Dr

1052-1060 N Boxwood Dr

1-3 N Main St

Prospect Gardens Condominiums

515 W Dempster St

Clocktower Condominiums

557 Dempster St

1155 N Boxwood Dr
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!

1172-1178 N Boxwood Dr

1150-1160 N Wheeling Rd

1180-1190 N Wheeling Rd

1195 N Boxwood Dr

553 W Dempster St

1000-1006 N Boxwood Dr

1164-1170 N Boxwood Dr

1108-1116 N Boxwood Dr

323 Hawthorne Cir

1034-1042 N Boxwood Dr
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.

515-519 W Central Rd

1135 N Boxwood Dr

505 Dogwood Ln

930-944 N Wheeling Rd

1024-1032 N Boxwood Dr

525 W Dempster St

1118-1126 N Boxwood Dr

5-7 N Main St

303 W Hawthorne Cir

Lofts at Village Centre
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.
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 | $2,022 | $1,489 | $2,299 |
| Mount Prospect 1 Bedroom Apartments | $1,986 | $1,336 | $4,049 |
| Mount Prospect 2 Bedroom Apartments | $2,434 | $1,500 | $4,502 |
| Mount Prospect 3 Bedroom Apartments | $3,295 | $1,891 | $5,198 |
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
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 $2,168. Arbor House in the Des Plaines Arlington Hts Corridor neighborhood has the second largest Studio, which is sized at 613 square feet and currently listed start at $2,131. Here is today’s list of the largest available Studio units in Mount Prospect:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Dawson | J1 ALT | 668 Sq Ft | $2,168 |
| Arbor House | 06 Plan | 613 Sq Ft | $2,131 |
| Hancock Square at Arlington Station | S1 | 608 Sq Ft | $2,043 |
| Dunton Tower Apartments | Studio Floor Plan S1 | 600 Sq Ft | $1,923 |
| 20West | S1 | 582 Sq Ft | $2,074 |
Cheapest Available Mount Prospect Studio Apartments
As of September 08, 2026 the lowest priced Studio apartment unit in Mount Prospect, IL is the Studio Floor Plan S1 Model starting from $1,923 at Dunton Tower Apartments in the Central Business District neighborhood. The second most affordable Mount Prospect Studio is the S1 Model at Hancock Square at Arlington Station starting at $2,043 . The average price for all Studio apartments in Mount Prospect is currently $2,022. Here is today’s list of the cheapest available Studio options in Mount Prospect:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Dunton Tower Apartments | Studio Floor Plan S1 | $1,923 |
| Hancock Square at Arlington Station | S1 | $2,043 |
| Arbor House | 43 Plan | $2,047 |
| 20West | S1 | $2,074 |
| The Dawson | J1 ALT | $2,168 |
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
Read ArticleNavigating 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.
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 ArticleReal 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.
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 Studio Mount Prospect Apartments
What is the Cheapest apartment in Mount Prospect with Studio?
Currently the most affordable Studio in Mount Prospect is at Dunton Tower Apartments listed at $1,923.
How much is the average rent for a Studio Mount Prospect Apartment?
The average rent for a Studio Apartment in Mount Prospect is $2,022.
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 $2,168 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 595 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

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.

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.

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.

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

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
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.

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.