
Studio Apartments for Rent in the Downtown Mount Prospect Neighborhood of Mount Prospect, IL (97 Rentals)


Total Monthly Price
The Dawson

HQ Residences Apartments

Total Monthly Price
20West

The Emerson at Village Centre

Cinnamon Cove Condominiums

1185 N Boxwood Dr

1306 S Sir Lancelot Ln

1052-1060 N Boxwood Dr

525 W Dempster St
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.

1120 N Wheeling Rd

1156-1162 N Boxwood Dr

930-944 N Wheeling Rd

1148-1154 N Boxwood Dr

1008-1014 N Boxwood Dr

1024-1032 N Boxwood Dr

1-3 N Main St

1172-1178 N Boxwood Dr

515 W Dempster St

553 W Dempster St
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.

1165 N Boxwood Dr

401 E Lincoln St

515-519 W Central Rd

Lofts at Village Centre

718-728 E Sha-bonee Trl

Clocktower Condominiums

Prospect Gardens Condominiums

920-926 N Wheeling Rd

501 E Dogwood Ln

1020-1030 N Wheeling Rd
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.

940-948 N Boxwood Dr

303 W Hawthorne Cir

309 W Hawthorne Cir

1210-1218 N Boxwood Dr

517 W Dempster St

970-976 N Wheeling Rd

1155 N Boxwood Dr

1034-1042 N Boxwood Dr

1180-1190 N Wheeling Rd

1215 N Boxwood Dr
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.

1145 Boxwood Dr

1115 N Boxwood Dr

930-938 N Boxwood Dr

5-7 N Main St

980-994 N Wheeling Rd

900-914 N Wheeling Rd

321 Hawthorne Cir

307 W Hawthorne Cir

1220-1228 N Boxwood Dr

313 W Hawthorne Cir
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.
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 | $2,045 | $1,800 | $2,375 |
| Downtown Mount Prospect 1 Bedroom Apartments | $1,940 | $1,295 | $2,750 |
| Downtown Mount Prospect 2 Bedroom Apartments | $2,227 | $1,550 | $3,661 |
| Downtown Mount Prospect 3 Bedroom Apartments | $3,665 | $2,175 | $9,240 |
Browse Apartments in this Neighborhood
There are currently 97 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Downtown Mount Prospect Studio Apartments
The largest available Studio apartment unit in the Downtown Mount Prospect area of Chicago, IL is found at The Dawson and is listed at 668 square feet priced from $2,375. Here is today’s list of the largest available 2 Bedroom units in the area:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| The Dawson | J1 ALT | 668 Sq Ft | $2,375 |
| 4 North Apartments | 631 Sq Ft | $1,800 | |
| 20West | S1 | 582 Sq Ft | $2,074 |
Cheapest Available Downtown Mount Prospect Studio Apartments
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 20West | S1 | $2,074 |
| The Dawson | J1 ALT | $2,375 |
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.
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.
Best Local Schools in Downtown Mount Prospect, Mount Prospect, IL
Lions Park Elementary School
School data provided by Great Schools
Frequently Asked Questions about Studio Downtown Mount Prospect Apartments
What is the Cheapest apartment in Downtown Mount Prospect with Studio?
Currently the most affordable Studio in Downtown Mount Prospect is at 20West listed at $2,074.
How much is the average rent for a Studio Downtown Mount Prospect Apartment?
The average rent for a Studio Apartment in Downtown Mount Prospect is $2,045.
What is the largest available Studio Downtown Mount Prospect Apartment for rent?
Today's apartment with the most square footage in Downtown Mount Prospect is a 668 square feet unit starting from $2,375 at The Dawson.
What is the average size for Downtown Mount Prospect Studio Apartments for rent?
The average size for a Studio rental in Downtown Mount Prospect is currently 610 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

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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.