Cheap Apartments for Rent in Mount Prospect, IL from $800(27 Rentals)

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Victoria Hills
from $8001 Bedroom Apartments

Victoria Hills

1854 S Phillip DrMount Prospect, IL 60056
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Mansard Lane Apartments
from $9002 Bedroom Apartments

Mansard Lane Apartments

1713-1725 W Mansard LnMount Prospect, IL 60056
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Victoria Hills Apartments
from $1,0101 to 2 Bedroom Apartments

Victoria Hills Apartments

1707 W Victoria DrMount Prospect, IL 60056
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Brownstone Court
from $1,1752 Bedroom Apartments

Brownstone Court

1474-1484 S Brownstone CtMount Prospect, IL 60056
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637 W Pickwick Ct
from $1,1952 Bedroom Apartments

637 W Pickwick Ct

637 W Pickwick CtMount Prospect, IL 60056
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Rivertrail Apartments
from $8751 to 2 Bedroom Apartments

Rivertrail Apartments

515-519 S Milwaukee AveWheeling, IL 60090
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Des Plaines Apartments
from $9001 Bedroom Apartments

Des Plaines Apartments

510-570 E Seegers RdDes Plaines, IL 60016
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Shady Way
from $9201 Bedroom Apartments

Shady Way

920 E Shady WayArlington Heights, IL 60005
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919 S McKinley Ave
from $1,0452 Bedroom Apartments

919 S McKinley Ave

919 S McKinley AveArlington Heights, IL 60005
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1214 E Northwest Highway
Rent Specials
from $1,2502 Bedroom Apartments

1214 E Northwest Highway

414 Chatham PlArlington Heights, IL 60004
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1376 Brown
from $1,2751 Bedroom Apartments

1376 Brown

1376-1384 Brown StDes Plaines, IL 60016
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214-222 S Pine Ave
from $1,3001 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
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315 SALEM LLC
from $1,3801 to 2 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005
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Mount Prospect, IL Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Mount Prospect Apartments for Rent

 

The cheapest available apartment rental in Mount Prospect, IL is a 1 Bed unit found at Dryden Apartments in the Downtown Mount Prospect neighborhood priced from $1,250. Orion Prospect in the O'Hare neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,316. Here is today’s list of the most affordable Mount Prospect apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dryden ApartmentsRenovated 1 Bedroom 1 Bathroom Apartment1BR,1BA$1,250
Orion ProspectLogan1BR,1BA$1,316
Forest Cove Apartments1 Bedroom Floor Plan A21BR,1BA$1,329
The Eclipse at 1450Willow1BR,1BA$1,380
The ElementBirch1BR,1BA$1,403
Orion ParkViewMonroe1BR,1BA$1,431
Circle Hill Apartments1 Bedroom/1 Bath1BR,1BA$1,450
Foxboro ApartmentsAstor1BR,1BA$1,450
ReNew Des Plaines NorthDes Plaines North - 1x11BR,1BA$1,510

Best Value Apartments for Rent in Mount Prospect, IL

As of December 27, 2024 the best value apartment in the Mount Prospect area is the $1.56 price per square foot 2 BR/ 2 BA Model at Piper Lane in the in the Milwaukee Avenue neighborhood starting from $1,950. The second greatest value Mount Prospect apartment is the Sheridan Model at Orion Arlington Lakes starting at $2,124 with a $1.78 price per square foot in the Downtown Mount Prospect neighborhood. Here is today’s list of the best values for Mount Prospect apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Piper Lane2 BR/ 2 BA2BR,2BA$1.56
Orion Arlington LakesSheridan2BR,2BA$1.78
16 W Busse Aveunit 41BR,1BA$1.45
ReNew Des Plaines SouthDes Plaines South - 2x22BR,2BA$1.98
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.68
The Eagles1x1 deluxe1BR,1BA$1.92
Mount Prospect Greens2x1AR - Renovated Evanston2BR,1BA$1.95
417 Perrie Dr, Unit 302417 Perrie Dr2BR,1BA$1.71
Forest Cove Apartments2 Bedrooms Floor Plan B12BR,1BA$1.94
Dryden ApartmentsRenovated 1 Bedroom 1 Bathroom Apartment1BR,1BA$2.00

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Mount Prospect Overview

The city of Mount Prospect is a popular suburb of Chicago with a population of near 55,000 people. Many of those residents love the area's urban feel and the multiple entertainment options offered all throughout town. The community is made up of young professionals who are looking for a quality school system for their young children. Most choose to live in an apartment first in order to save money then purchase a home later. 

Why live in Mount Prospect, IL?

Mount Prospect is a suburb of Chicago that has a growing population each year. It offers residents an urban surburban lifestyle that has plenty of entertainment options in the downtown area. The school system offered is one of the best in the United States today as the majority of the students are award-winning recipients of educational competitions offered by the state of Illinois. This gives a children a remarkable avenue to continuing their education at a higher level. Plus, Mount Prospect is an ideal location to raise an active family as the area is home to multiple outdoor parks. 

Mount Prospect, IL
Population: 54,198

Ranked #716

in US Census Population by City

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Pet Friendly Lifestyle
Mount Prospect, IL

Ranked #31

Among cities in Illinois for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Prospect, IL Rentals by Map

View MapMount Prospect, IL Apartments MapView MapMount Prospect, IL Rental Homes Map

Getting Around Mount Prospect, IL

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

62 / 100

Bikeable

Some bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Mount Prospect Apartments

What is the Cheapest Studio apartment in Mount Prospect?

Currently the most affordable Cheap Studio Apartment in Mount Prospect is at Dunton Tower Apartments listed at $1,684.

How much is rent for a Cheap One Bedroom Mount Prospect Apartment?

The lowest price for a Cheap One Bedroom Mount Prospect Apartment is $1,250 at Dryden Apartments.

What is the lowest price for a Cheap Two Bedroom Mount Prospect Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Prospect is starting from $1,612 at The Element.

What is the most affordable Mount Prospect Three Bedroom Apartment?

The best deal on a cheap Mount Prospect Three Bedroom Apartment rental is at ReNew Des Plaines North and starts from $2,120.

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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