No rentals found near Mount Prospect, IL

The best apartments in Mount Prospect, IL are: Orion Prospect, Orion ParkView, HQ Residences Apartments, Top of The Mount Apartments and Courts of the Fountains.

The average rent in Mount Prospect, IL is $1,712.

The price range for a studio apartment in Mount Prospect, IL is between $1,180 and $4,926.

The price range for a 1-bedroom apartment in Mount Prospect, IL is between $1,423 and $3,297.

The price range for a 2-bedroom apartment in Mount Prospect, IL is between $1,180 and $4,910.

The price range for a 3-bedroom apartment in Mount Prospect, IL is between $2,038 and $3,229.

In Mount Prospect, 31% of the residents are renting compared to 69% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Mount Prospect's rentals, 73% are small-scale complexes with under 50 units, and 11% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Mount Prospect are about 48 years old, on average. Of these, 11% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About 85% of the rental communities here are low-rise, garden-style communities, 15% are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Studio apartments in Mount Prospect are around 3% of rentals, while 1-bedroom floor plans represent 55% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 38% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.