Save search
Skip the filters. Search with AI Mode instead.

Cheap Apartments for Rent in Mount Prospect, IL

Cheap Apartments for Rent in Mount Prospect, IL. 119 Rentals Available
119 Rentals Available
Quick filters
Apartments Under $500 Apartments Under $600 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,400 Apartments Under $1,500

Apartments Under $500

  • Studio $450+
    2 bd $975+
    Base rent
    Verified Listing

    5.0 (1)
    5259 W Montrose, Chicago, IL 60641
    Pet friendly

  • More Rentals Near Mount Prospect, IL

Apartments Under $600

  • Only 3 units left
    Studio $575
    Base rent
    Verified Listing

    5151 N Harlem Ave, Chicago, IL 60656
    Apply online • Pet friendly

  • More Rentals Near Mount Prospect, IL

Apartments Under $1,100

  • Only 1 unit left
    1 bd $1,006
    2 bd $1,800
    Base rent
    Verified Listing

    4.0 (3)
    310 W Rand Road, Arlington Heights, IL 60004
    Fitness center

  • More Rentals Near Mount Prospect, IL

  • Studio $1,300
    2 bd $1,040
    Base rent
    Verified Listing

    4.0 (1)
    7-13 W. Campbell St., Arlington Heights, IL 60005
    Apply online • Pet friendly • In unit laundry

Apartments Under $1,200

  • 4 units available
    Studio $1,180
    1 bd $1,400
    2 bd $1,620
    Base rent
    Verified Listing

    4.0 (36)
    8638-56 W. Golf Rd, Des Plaines, IL 60016
    Apply online

  • More Rentals Near Mount Prospect, IL

Apartments Under $1,400

  • Only 1 unit left
    2 bd $1,300
    Base rent
    Verified Listing

    4.5 (6)
    4630- 4611 Davis St, Skokie, IL 60076
    Apply online • Parking • In unit laundry

  • More Rentals Near Mount Prospect, IL

  • 1 bd $1,300
    Base rent
    Verified Listing

    9229 Sally Lane, Schiller Park, IL 60176
  • Only 1 unit left
    2 bd $1,325
    Base rent
    Verified Listing

    4.0 (4)
    5000 Church St, Skokie, IL 60077
    Apply online • In unit laundry • Dishwasher
  • Rent specials New units available
    1 bd $1,329+
    Total monthly cost
    Verified Listing

    4.0 (49)
    7171 W Gunnison St, Harwood Heights, IL 60706
    Apply online • Pet friendly

Apartments Under $1,500

  • Studio $1,500
    Base rent
    Verified Listing

    4.0 (11)
    323-409 N. Northwest Hwy., Palatine, IL 60067
    Apply online • Air conditioner • High Speed Internet

  • More Rentals Near Mount Prospect, IL

  • 1 bd $1,516
    2 bd $1,886
    Total monthly cost
    Verified Listing

    4.5 (3)
    280 Spring Hill Dr, Roselle, IL 60172
    Apply online • Pet friendly • Pool
  • Rent specials New units available
    1 bd $1,572+
    2 bd $1,832+
    Base rent
    Verified Listing

    4.0 (11)
    975 N Sterling Ave, Palatine, IL 60067
    Apply online • Pet friendly • Fitness center
  • 1 bd $1,585+
    Base rent
    Verified Listing

    4.0 (4)
    8540 Niles Center Rd, Skokie, IL 60076
    Apply online • Cat friendly • In unit laundry
  • New units available
    1 bd $1,588+
    2 bd $1,899+
    Base rent
    Verified Listing

    4.0 (140)
    470 Foxboro Dr, Wheeling, IL 60090
    Apply online • Pet friendly • Fitness center
  • New units available 11 units available
    1 bd $1,591+
    2 bd $1,920+
    Base rent
    Verified Listing

    4.5 (7)
    695 Westmoreland Drive, Vernon Hills, IL 60061
    Apply online • Pet friendly • In unit laundry
  • 1 bd $1,600+
    Base rent
    Verified Listing

    5.0 (1)
    8250 Niles Center, Skokie, IL 60077
    Apply online • Cat friendly • In unit laundry
  • Rent specials 10 units available
    2 bd $1,604+
    Base rent
    Verified Listing

    4.0 (208)
    2200 S. Butterfield Rd., Mundelein, IL 60060
    Apply online • Pet friendly • Fitness center
  • 1 bd $1,640
    Base rent
    Verified Listing

    3.5 (1)
    4906 Conrad, Skokie, IL 60077
    Apply online • Cat friendly • In unit laundry
  • 1 bd $1,690+
    Base rent
    Verified Listing

    4.5 (4)
    4909 Church, Skokie, IL 60077
    Apply online • Cat friendly • In unit laundry
  • 2 bd $1,975
    Base rent
    Verified Listing

    1334 Woodview Lane, Glenview, IL 60025
  • New units available 10 units available
    1 bd $2,180+
    2 bd $2,730+
    Base rent
    Verified Listing

    5.0 (2)
    625 Deerfield Rd, Deerfield, IL 60015
    Apply online • Pet friendly
  • Ask for pricing
    Verified Listing

    1618 Johanna, Arlington Heights, IL 60005
    Pet friendly
  • Ask for pricing
    Verified Listing

    8920 Niles Center Rd, Skokie, IL 60077
    Cat friendly • In unit laundry • Dishwasher
  • Ask for pricing
    Verified Listing

    804 Kenton Ave, Skokie, IL 60076
    In unit laundry • Dishwasher • Air conditioner
1-24-city

Frequently asked questions

What is the price of a cheap apartment in Mount Prospect, IL?

The price range of a cheap apartment is between $1,400 and $1,520.

How many cheap rentals are available in Mount Prospect, IL on RentCafe?

There are 4 cheap rentals available on RentCafe. Prices and availability in Mount Prospect, IL were last updated on 12 Jul 2026.

What is the average size of a cheap apartment in Mount Prospect, IL?

The average Mount Prospect, IL cheap apartment size is 622 sq. ft.

What are the advantages of renting a cheap apartment in Mount Prospect, IL?

Cheap apartments in Mount Prospect, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Mount Prospect, IL?

A cheap apartment in Mount Prospect, IL offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Mount Prospect, IL? With RentCafe, finding an affordable apartment in Mount Prospect, IL has never been easier. We feature 119 low-priced rentals directly from property managers, with rents lower than the Mount Prospect, IL average. What is a cheap rent in Mount Prospect, IL? The average apartment rent in Mount Prospect is $1,833 per month so any rental south of $1,466 would be considered cheap here. On RentCafe, Mount Prospect, IL rents go as low as $450/mo.