Studio Apartments for Rent in Mount Prospect, IL (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done
close
View Me
557 Dempster St
Studio Apartments

557 Dempster St

557 Dempster StMount Prospect, IL 60056
close
View Me
1165 N Boxwood Dr
Studio Apartments

1165 N Boxwood Dr

1165 N Boxwood DrMount Prospect, IL 60056
close
View Me
1115 N Boxwood Dr
Studio Apartments

1115 N Boxwood Dr

1115 N Boxwood DrMount Prospect, IL 60056

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.

close
View Me
1125 N Boxwood Dr
Studio Apartments

1125 N Boxwood Dr

1125 N Boxwood DrMount Prospect, IL 60056
close
View Me
1703 W Chariot Ct
Studio Apartments

1703 W Chariot Ct

1703 W Chariot CtMount Prospect, IL 60056
close
View Me
505 Dogwood Ln
Studio Apartments

505 Dogwood Ln

505 Dogwood LnMount Prospect, IL 60193
close
View Me
1145 Boxwood Dr
Studio Apartments

1145 Boxwood Dr

1145 Boxwood DrMount Prospect, IL 60056
close
View Me
1195 N Boxwood Dr
Studio Apartments

1195 N Boxwood Dr

1195 N Boxwood DrMount Prospect, IL 60056
close
View Me
Huntington Towers
Studio Apartments

Huntington Towers

551-571 W Huntington Commons RdMount Prospect, IL 60056
Senior Living

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

close
View Me
550 Graceland Ave
Studio Apartments

550 Graceland Ave

550 Graceland AveDes Plaines, IL 60016
close
View Me
1500 Harbour Dr
Studio Apartments

1500 Harbour Dr

1500 Harbour DrWheeling, IL 60090

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

close
View Me
409 Inland Dr
Studio Apartments

409 Inland Dr

409 Inland DrWheeling, IL 60090
close
View Me
Arbor Terrace Glenview
Studio Apartments

Arbor Terrace Glenview

4700 W Lake AveGlenview, IL 60025
Senior Living
  • Utilities Included
  • Smoke Free

Mount Prospect, IL Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Largest Available Mount Prospect Studio Apartments

The largest available Studio apartment unit in Mount Prospect, IL is found at Top of The Mount Apartments in the Westgate neighborhood and is 623 square feet priced from $2,199. Hancock Square at Arlington Station in the Downtown Mount Prospect neighborhood has the second largest Studio, which is sized at 608 square feet and currently listed start at $1,859. Here is today’s list of the largest available Studio units in Mount Prospect:

Apartment ListingModel NameSquare FootagePriced From
Top of The Mount ApartmentsS2B - Jr One Bedroom623 Sq Ft$2,199
Hancock Square at Arlington StationS1608 Sq Ft$1,859
Dunton Tower ApartmentsStudio Floor Plan S1600 Sq Ft$1,875
4 North ApartmentsStudio, 1 bath593 Sq Ft$1,875

Cheapest Available Mount Prospect Studio Apartments

As of May 18, 2025 the lowest priced Studio apartment unit in Mount Prospect, IL is the S1 Model starting from $1,859 at Hancock Square at Arlington Station in the Downtown Mount Prospect neighborhood. The second most affordable Mount Prospect Studio is the Studio Floor Plan S1 Model at Dunton Tower Apartments starting at $1,875 . The average price for all Studio apartments in Mount Prospect is currently $2,089. Here is today’s list of the cheapest available Studio options in Mount Prospect:

Apartment ListingModel NamePriced From
Hancock Square at Arlington StationS1$1,859
Dunton Tower ApartmentsStudio Floor Plan S1$1,875
4 North ApartmentsStudio, 1 bath$1,875
Top of The Mount ApartmentsS2B - Jr One Bedroom$2,199

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.

decorative image of people with a giant lease agreement

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

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 Studio Mount Prospect Apartments

What is the Cheapest apartment in Mount Prospect with Studio?

Currently the most affordable Studio in Mount Prospect is at Hancock Square at Arlington Station listed at $1,859.

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

The average rent for a Studio Apartment in Mount Prospect is $2,089.

What is the largest available Studio Mount Prospect Apartment for rent?

Today's apartment with the most square footage in Mount Prospect is a 623 square feet unit starting from $2,199 at Top of The Mount Apartments.

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

The average size for a Studio rental in Mount Prospect is currently 450 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.