New Apartments for Rent in Mount Prospect, IL (15 Rentals)

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11 W Prospect Ave
Built in 20231 to 2 Bedroom Apartments

11 W Prospect Ave

11 W Prospect AveMount Prospect, IL 60056
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1300 Jefferson St
Built in 20232 to 3 Bedroom Apartments

1300 Jefferson St

1300 Jefferson StDes Plaines, IL 60016

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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Arbor Terrace Glenview
Built in 2019Studio to 1 Bedroom Apartments

Arbor Terrace Glenview

4700 W Lake AveGlenview, IL 60025
Senior Living
  • Utilities Inc.
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1385 Brown St
Built in 20182 to 3 Bedroom Apartments

1385 Brown St

1385 Brown StDes Plaines, IL 60016
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Philhaven
Built in 20171 to 3 Bedroom Apartments

Philhaven

2418 E Hintz RdArlington Heights, IL 60004

Mount Prospect, IL Local Guide

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Local Guide Expert

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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. 

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

Explore Mount Prospect, IL Rentals by Map

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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 New Mount Prospect Apartments

What is the Cheapest New apartment in Mount Prospect?

Currently the most affordable New Apartment in Mount Prospect is at Buckingham listed at $1,690.

How much is the average rent for a New Mount Prospect Apartment?

The average rent for a New Apartment in Mount Prospect is $2,735.

What is the largest New Mount Prospect Apartment for rent?

Today's New apartment with the most square footage in Mount Prospect is a 2,731 square feet unit starting from $2,266 at 20West.

What is the average size for Mount Prospect New Apartments for rent?

The average size for a New rental in Mount Prospect is currently at 678 sq ft.

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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.