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$1,400 - $1,8001 to 2 Bedroom Apartments Available Now
The Eclipse at 1450
1450 S Busse RdMount Prospect, IL 60056
Cheap Apartments for Rent in the Downtown Mount Prospect Neighborhood of Mount Prospect, IL from $900 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Mount Prospect area of Mount Prospect.
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$1,410 - $2,5001 to 3 Bedroom Apartments Available Now
The Element
1550 W Dempster StMount Prospect, IL 60056
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$1,459 - $2,8911 to 3 Bedroom Apartments Available Now
Mount Prospect Greens
1958 W Algonquin RdMount Prospect, IL 60056
1100 N Wheeling Rd, Unit A3
1100 N Wheeling Rd
Mount ProspectIL60056
1100 N Wheeling Rd
Mount ProspectIL60056
1100 N Wheeling Rd, Unit 2A
1100 N Wheeling Rd
Mount ProspectIL60056
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$1,600 - $2,2001 to 3 Bedroom Apartments Available Now
Huntington Square
1300 S Elmhurst RdMount Prospect, IL 60056
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$2,074 - $2,729
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$2,074 - $2,729
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$2,074 - $2,729
20West
20 W Northwest HwyMount Prospect, IL 60056
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$2,078 - $3,336Studio to 2 Bedroom Apartments Available Now
Top of The Mount Apartments
207 S Maple StMount Prospect, IL 60056
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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$2,168 - $3,620
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,168 - $3,620
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$2,168 - $3,620
The Dawson
235 E Prospect AveMount Prospect, IL 60056
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$2,199 - $2,786Studio to 3 Bedroom Apartments Available Now
HQ Residences Apartments
122 E Northwest HwyMount Prospect, IL 60056
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Studio to 1 Bedroom Apartments
16 W Busse Ave
16 W Busse AveMount Prospect, IL 60056
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1 to 2 Bedroom Apartments
Windsor Courts
519 Dempster StMount Prospect, IL 60056
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2 Bedroom Apartments
Brownstone Court
1474-1484 S Brownstone CtMount Prospect, IL 60056
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2 Bedroom Apartments
637 W Pickwick Ct
637 W Pickwick CtMount Prospect, IL 60056
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1 to 2 Bedroom Apartments
Orion ParkView
1821 W Golf RdMount Prospect, IL 60056
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1 to 2 Bedroom Apartments
Centennial North
900 E Ardyce LnMount Prospect, IL 60056
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1 Bedroom Apartments
Centennial South
900 Centennial DrMount Prospect, IL 60056
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
701 W Central Rd
Mount ProspectIL60056
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$1,295 - $1,4001 Bedroom Apartments Available Now
Dryden Homes- 1-21 N Dryden Pl
3 N Dryden PlArlington Heights, IL 60004
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$1,3901 Bedroom Apartment Available Aug 31
930 E Shady Way, Unit 9
930 E Shady WayArlington Heights, IL 60005
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$1,400 - $1,5501 to 2 Bedroom Apartment Available Now
488 E 5th Ct
488 E 5th CtDes Plaines, IL 60016
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$1,700 - $2,210Studio to 1 Bedroom Apartments Available Now
4 North Apartments
4 N Hickory AveArlington Heights, IL 60004
920 Beau Dr
Des PlainesIL60016
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$2,160 - $3,8011 to 2 Bedroom Apartments Available Now
Central Park East
1551 E Central RdArlington Heights, IL 60005
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1 Bedroom Apartments
Shady Way
920 E Shady WayArlington Heights, IL 60005
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1 to 2 Bedroom Apartments
919 S McKinley Ave
919 S McKinley AveArlington Heights, IL 60005
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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2 Bedroom Apartments
1214 E Northwest Highway
414 Chatham PlArlington Heights, IL 60004
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Studio to 3 Bedroom Apartments
ReNew Des Plaines North
270-290 S Beau DrDes Plaines, IL 60016
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1 to 2 Bedroom Apartments
Dryden Apartments
1 N Dryden PlArlington Heights, IL 60004
15 N Dryden Pl
Arlington HeightsIL60004
748 E 5th Ct
Des PlainesIL60016
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1 to 2 Bedroom Apartments
Des Plaines Apartments
510-570 E Seegers RdDes Plaines, IL 60016
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Studio to 3 Bedroom Apartments
Buckingham
750 E Northwest HwyDes Plaines, IL 60016
1206 E Fairview St
Arlington HeightsIL60005
615 E Golf Rd, Unit 2
615 E Golf Rd
Des PlainesIL60016
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.
535 S Cleveland Ave
Arlington HeightsIL60005
1415 E Central Rd
Arlington HeightsIL60005
Showing Results 1-38, Page 1 of 1
Downtown Mount Prospect, Mount Prospect, IL Local Guide
How much does it cost to rent an apartment in Downtown Mount Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Mount Prospect Studio Apartments | $2,087 | $1,700 | $2,299 |
| Downtown Mount Prospect 1 Bedroom Apartments | $1,939 | $1,350 | $2,786 |
| Downtown Mount Prospect 2 Bedroom Apartments | $2,132 | $1,550 | $3,620 |
| Downtown Mount Prospect 3 Bedroom Apartments | $3,310 | $2,175 | $4,695 |
| Downtown Mount Prospect 4 Bedroom Apartments | $12,022 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Downtown Mount Prospect Neighborhood of Mount Prospect, IL.
See all Apartments in Mount ProspectExplore Mount Prospect
Downtown Mount Prospect, Mount Prospect, IL Local Guide
- Nearby Mount Prospect neighborhoods
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Cheapest Available Downtown Mount Prospect Apartments for Rent
The cheapest available apartment rental in the Downtown Mount Prospect area of Chicago, IL is a 1 Bed unit found at Dryden Homes- 1-21 N Dryden Pl priced from $1,295. The Eclipse at 1450 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. Here are the most affordable Downtown Mount Prospect apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $1,295 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1,400 |
| The Element | 1 Bed 1 Bath Cottonwood A Renovated | 1BR,1BA | $1,410 |
| Orion ParkView | Monroe | 1BR,1BA | $1,421 |
| Mount Prospect Greens | 1x1BP - Partial Renovated Arlington | 1BR,1BA | $1,594 |
| Huntington Square | 1A | 1BR,1BA | $1,600 |
| Centennial South | South | 1BR,1BA | $1,694 |
| 4 North Apartments | Studio | Studio,1BA | $1,700 |
| 20West | S1 | Studio,1BA | $2,074 |
Best Value Apartments for Rent in Downtown Mount Prospect, IL
As of August 19, 2026 the best value apartment in the Downtown Mount Prospect area is the $2.56 price per square foot 318 Model at Lions Park Row in the in the Westgate neighborhood starting from $4,695. The second greatest value Downtown Mount Prospect apartment is the 2 Bed C Model at 10 North Main starting at $3,130 with a $2.64 price per square foot in the Westgate neighborhood. Here is today’s list of the best values for Downtown Mount Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lions Park Row | 318 | 3BR,2.5BA | $2.56 |
| 10 North Main | 2 Bed C | 2BR,2BA | $2.64 |
| Buckingham | b6-buck | 2BR,2BA | $2.36 |
| Mount Prospect Greens | 2x1AR - Renovated Evanston | 2BR,1BA | $2.11 |
| Orion ParkView | Wells - Renovated | 2BR,2BA | $2.36 |
| 488 E 5th Ct | 488 E 5th Ct | 1BR,1BA | $1.75 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1.99 |
| The Element | 1 Bed 1 Bath Cottonwood A Select | 1BR,1BA | $2.21 |
| Huntington Square | 1A | 1BR,1BA | $2.54 |
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $2.07 |
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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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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Best Local Schools in Downtown Mount Prospect, Mount Prospect, IL
Lions Park Elementary School
Mount Prospect School District 57
Public School - Grades K-5 (456)
9 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Mount Prospect Apartments
What is the Cheapest Studio apartment in Downtown Mount Prospect?
Currently the most affordable Cheap Studio Apartment in Downtown Mount Prospect is at 4 North Apartments listed at $1,700.
How much is rent for a Cheap One Bedroom Downtown Mount Prospect Apartment?
The lowest price for a Cheap One Bedroom Downtown Mount Prospect Apartment is $1,295 at Dryden Homes- 1-21 N Dryden Pl.
What is the lowest price for a Cheap Two Bedroom Downtown Mount Prospect Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Mount Prospect is starting from $1,570 at The Element.
What is the most affordable Downtown Mount Prospect Three Bedroom Apartment?
The best deal on a cheap Downtown Mount Prospect Three Bedroom Apartment rental is at 10 North Main and starts from $3,665.
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.
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