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$1,3501 Bedroom Apartments Available Now
351 Hawthorne Cir, Unit 5
351 Hawthorne CirMount Prospect, IL 60056
Cheap Homes for Rent in Mount Prospect, IL from $1,300 (23 Rentals)
Search the lowest-cost Homes available for rent right now in Mount Prospect.
1100 N Wheeling Rd, Unit A3
1100 N Wheeling Rd
Mount ProspectIL60056
2210 S Goebbert Rd, Unit 431
2210 S Goebbert Rd
Arlington HeightsIL60005
5 N Dryden Pl
Arlington HeightsIL60004
18 E Old Willow Rd, Unit 504
18 E Old Willow Rd
Prospect HeightsIL60070
18 E Old Willow Rd, Unit 504N
18 E Old Willow Rd
Prospect HeightsIL60070
870 E Old Willow Rd, Unit 249
870 E Old Willow Rd
Prospect HeightsIL60070
The Windy City Price Tag: Your Complete Guide to the Cost of Living in Chicago
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1531 N Windsor Dr
Arlington HeightsIL60004
940 E Old Willow Rd, Unit 211
940 E Old Willow Rd
Prospect HeightsIL60070
315 E Kenilworth Ave
Prospect HeightsIL60070
404 Inland Dr
WheelingIL60090
1110 N Wheeling Rd, Unit C3
1110 N Wheeling Rd
Mount ProspectIL60056
1415 E Central Rd, Unit Dana Point
1415 E Central Rd
Arlington HeightsIL60005
811 S Dwyer Ave
Arlington HeightsIL60005
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.
475 Plum Creek Dr, Unit 107
475 Plum Creek Dr
WheelingIL60090
820 MCINTOSH Ct, Unit 308
820 MCINTOSH Ct
Prospect HeightsIL60070
110 N Lincoln Ln, Unit 2C
110 N Lincoln Ln
Arlington HeightsIL60004
675 Grove Terrace, Unit 113
675 Grove Terrace
Elk Grove VillageIL60007
1430 N Evergreen Ave
Arlington HeightsIL60004
600 E Old Willow Rd
Prospect HeightsIL60070
920 Beau Dr
Des PlainesIL60016
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!
375 Plum Creek Dr, Unit 503
375 Plum Creek Dr
WheelingIL60090
675 Grove Terrace
Elk Grove VillageIL60007
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Mount Prospect, IL Local Guide
How much does it cost to rent a home in Mount Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Prospect 2 Bedroom Homes for Rent | $2,146 | $1,550 | $4,200 |
| Mount Prospect 3 Bedroom Homes for Rent | $3,000 | $2,200 | $4,500 |
| Mount Prospect 4 Bedroom Homes for Rent | $4,450 | $2,950 | $6,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Mount Prospect, IL Local Guide
- Mount Prospect Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Available Mount Prospect Apartments for Rent
The cheapest available apartment rental in Mount Prospect, IL is a 1 Bed unit found at Orion Prospect in the Bristol Park neighborhood priced from $1,359. The Element in the Downtown Mount Prospect neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Mount Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Orion Prospect | Kenwood | 1BR,1BA | $1,359 |
| The Element | 1 Bed 1 Bath Cottonwood B Select LTD | 1BR,1BA | $1,395 |
| The Eclipse at 1450 | Willow | 1BR,1BA | $1,400 |
| Residences at Arlington Heights | The Woodfield | 1BR,1BA | $1,418 |
| Briarwood Terrace Apartments | Sandstone 1 | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Mount Prospect, IL
As of September 10, 2026 the best value apartment in the Mount Prospect area is the $1.60 price per square foot 2 BR/ 2 BA Model at Piper Lane in the in the North Northfield neighborhood starting from $2,000. The second greatest value Mount Prospect apartment is the 700 Mill Cir Model at 700 Mill Cir, Unit River Mill Crossing starting at $2,000 with a $1.67 price per square foot in the Milwaukee Avenue neighborhood. Here is today’s list of the best values for Mount Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.60 |
| 700 Mill Cir, Unit River Mill Crossing | 700 Mill Cir | 2BR,2BA | $1.67 |
| Briarwood Terrace Apartments | Sandstone 2 Split | 2BR,2BA | $1.87 |
| 404 Inland Dr, Unit 2B | 404 Inland Dr | 2BR,1BA | $1.59 |
| 911 E Miner St, Unit 9 | 911 E Miner St | 2BR,1BA | $1.85 |
| 214-222 S Pine Ave | 2BD/1BA | 2BR,1BA | $1.80 |
| Circle Hill Apartments | 1 Bedroom/1 Bath | 1BR,1BA | $1.84 |
| 488 E 5th Ct | 488 E 5th Ct | 1BR,1BA | $1.75 |
| 1214 E Northwest Hwy, Unit 5 | 1214 E Northwest Hwy | 2BR,1BA | $1.88 |
| 930 E Shady Way, Unit 9 | 930 E Shady Way | 1BR,1BA | $1.85 |
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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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.
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Mount Prospect, ILPopulation: 54,198
Ranked #716
in US Census Population by City
Best Local Schools in 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
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 Mount Prospect
What type of rentals are currently available in Mount Prospect?
There are currently 437 Apartments for Rent in Mount Prospect, IL with pricing that ranges from $1,300 to $5,198. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Prospect ranging from $1,300 to $6,700.
What is the current price range for Rental Homes in Mount Prospect?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Prospect ranges from $1,300 to $6,700 with an average monthly rent of $2,464.
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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