1000 S Milwaukee Ave
WheelingIL60090
Cheap Homes for Rent in Mount Prospect, IL from $1,200 (20 Rentals)
Search the lowest-cost Homes available for rent right now in Mount Prospect.
7 N Dryden Pl
Arlington HeightsIL60004
710 W Huntington Commons Rd
Mount ProspectIL60056
1101 Holiday Ln
Des PlainesIL60016
18 E Old Willow Rd, Unit 112 N
18 E Old Willow Rd
Prospect HeightsIL60070
519 S Milwaukee Ave
WheelingIL60090
1800 Knights Bridge Dr
Mount ProspectIL60056
613 W Central Rd
Mount ProspectIL60056
5 N Dryden Pl
Arlington HeightsIL60004
18 E Old Willow Rd
Prospect HeightsIL60070
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
3219 W Parkway Dr
NorthbrookIL60062
3448 Salem Walk
NorthbrookIL60062
503 Dempster St
Mount ProspectIL60056
838 Jonathan Ct
Prospect HeightsIL60070
406 Inland Dr, Unit 3A
406 Inland Dr
WheelingIL60090
16 E Old Willow Rd, Unit 404s
16 E Old Willow Rd
Prospect HeightsIL60070
820 Mcintosh Ct
Prospect HeightsIL60070
1351 Cove Dr
Prospect HeightsIL60070
1510 E Northwest Hwy
Arlington HeightsIL60004
1779 W Algonquin Rd
Mount ProspectIL60056
Showing Results 1-20, Page 1 of 1
Mount Prospect, IL Local Guide
Camp Pine Woods Illinoisc by Amanda Landers is licensed under CC BY 2.0
How much does it cost to rent a home in Mount Prospect?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mount Prospect 2 Bedroom Homes for Rent | $2,082 | $1,450 | $2,800 |
| Mount Prospect 3 Bedroom Homes for Rent | $3,184 | $2,300 | $5,700 |
| Mount Prospect 4 Bedroom Homes for Rent | $4,754 | $2,800 | $9,000 |
| Mount Prospect 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Mount Prospect
Explore Mount Prospect
Mount Prospect, IL Local Guide
- Mount Prospect Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Mount Prospect Apartments for Rent
The cheapest available apartment rental in Mount Prospect, IL is a 1 Bed unit found at ReNew Des Plaines South in the Lions Park neighborhood priced from $1,295. Briarwood Terrace Apartments in the North Northfield neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,425. Here is today’s list of the most affordable Mount Prospect apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| ReNew Des Plaines South | Des Plaines South - Efficiency 1 Bedroom | 1BR,1BA | $1,295 |
| Briarwood Terrace Apartments | Northpoint 1 w/ Balcony | 1BR,1BA | $1,425 |
| Ashton Arlington Heights | 1 Bed/1 Bath | 1BR,1BA | $1,436 |
| The Element | Cedar | 1BR,1BA | $1,444 |
| Forest Cove Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,480 |
Best Value Apartments for Rent in Mount Prospect, IL
As of April 07, 2025 the best value apartment in the Mount Prospect area is the $1.89 price per square foot 65 Dover Dr Model at 65 Dover Dr, Unit 2 in the in the Norma neighborhood starting from $2,650. The second greatest value Mount Prospect apartment is the 2 BR/ 2 BA Model at Piper Lane starting at $1,850 with a $1.48 price per square foot in the Milwaukee Avenue neighborhood. Here is today’s list of the best values for Mount Prospect apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 65 Dover Dr, Unit 2 | 65 Dover Dr | 3BR,1.5BA | $1.89 |
| Piper Lane | 2 BR/ 2 BA | 2BR,2BA | $1.48 |
| Orion Arlington Lakes | Sheridan | 2BR,2BA | $1.92 |
| Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
| The Eagles | 1x1 deluxe | 1BR,1BA | $1.92 |
| 930 E Shady Way, Unit 5 | 930 E Shady Way | 2BR,1BA | $2.11 |
| Ashton Arlington Heights | 1 Bed/1 Bath | 1BR,1BA | $1.84 |
| ReNew Des Plaines North | Des Plaines North - 1x1 | 1BR,1BA | $2.13 |
| The Element | Cedar | 1BR,1BA | $2.06 |
| Forest Cove Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $2.18 |
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Frequently Asked Questions about Mount Prospect
What type of rentals are currently available in Mount Prospect?
There are currently 427 Apartments for Rent in Mount Prospect, IL with pricing that ranges from $1,160 to $7,766. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Prospect ranging from $1,250 to $9,000.
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 $1,250 to $9,000 with an average monthly rent of $3,021.
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.
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.
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.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
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.