Homes for Rent in Mount Prospect, IL Under $4,200 (73 Rentals)

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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.

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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.

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property at 4427 Lainie Cir

4427 Lainie Cir

GlenviewIL60026
property at 950 N Haddow Ave

950 N Haddow Ave

Arlington HeightsIL60004

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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property at 1164 Evergreen Ave

1164 Evergreen Ave

Des PlainesIL60016
property at 1110 Evergreen Ave

1110 Evergreen Ave

Des PlainesIL60016

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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Mount Prospect, IL Local Guide

Quick 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.

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Frequently Asked Questions about Mount Prospect

What type of rentals are currently available in Mount Prospect?

There are currently 425 Apartments for Rent in Mount Prospect, IL with pricing that ranges from $1,075 to $11,390. There are also 76 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Prospect ranging from $1,500 to $4,450.

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 $1,500 to $4,450 with an average monthly rent of $2,990.

How much are larger Three and Four Bedroom Rentals in Mount Prospect?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Prospect range from $1,891 to $4,461, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,250 to $4,250. Four Bedroom Single-Family rentals are also available starting from $2,875 and Four Bedroom Apartments start at $10,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.