Cheap Homes for Rent in Lions Park Neighborhood of Mount Prospect, IL from $1,400 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lions Park area of Mount Prospect.

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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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Showing Results 1-6, Page 1 of 1

Lions Park, Mount Prospect, IL Local Guide

Cheapest Available Lions Park Apartments for Rent

 

The cheapest available apartment rental in the Lions Park area of Chicago, IL is a 1 Bed unit found at Orion ParkView priced from $1,452. The Element has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,457. Here are the most affordable Lions Park apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Orion ParkViewMonroe1BR,1BA$1,452
The ElementBirch1BR,1BA$1,457
The Eclipse at 1450Willow1BR,1BA$1,538

Best Value Apartments for Rent in Lions Park, IL

As of September 19, 2025 the best value apartment in the Lions Park area is the $1.92 price per square foot 315 W Prospect Ave Model at 315 W Prospect Ave, Unit 1 in the in the Downtown Mount Prospect neighborhood starting from $2,500. The second greatest value Lions Park apartment is the b1-buck Model at Buckingham starting at $2,477 with a $2.60 price per square foot in the Metropolitan Square neighborhood. Here is today’s list of the best values for Lions Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
315 W Prospect Ave, Unit 1315 W Prospect Ave3BR,1.5BA$1.92
Buckinghamb1-buck2BR,2BA$2.60
Mount Prospect Greens2x1AR - Renovated Evanston2BR,1BA$1.91
Orion ParkViewWells - Renovated2BR,2BA$2.62
Forest Cove Apartments2 Bedrooms Floor Plan B12BR,1BA$2.16
488 E 5th Ct, Unit B488 E 5th Ct1BR,1BA$1.75
Central Park EastA11BR,1BA$2.78
The Eclipse at 1450Willow1BR,1BA$2.18
ReNew Des Plaines North & SouthDes Plaines North - 1x11BR,1BA$2.52
The ElementBirch1BR,1BA$2.24

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lions Park, Mount Prospect, IL

Ranked #2

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lions Park, Mount Prospect, IL

School data provided by Great Schools

Frequently Asked Questions about Lions Park

What type of rentals are currently available in Lions Park?

There are currently 198 Apartments for Rent in Lions Park, IL with pricing that ranges from $995 to $8,104. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lions Park ranging from $1,450 to $5,400.

What is the current price range for Rental Homes in Lions Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lions Park ranges from $1,450 to $5,400 with an average monthly rent of $2,806.

How much are larger Three and Four Bedroom Rentals in Lions Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lions Park range from $1,781 to $7,404, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $4,350. Four Bedroom Single-Family rentals are also available starting from $3,215 and Four Bedroom Apartments start at $8,104.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.