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Studio Apartments for Rent in Mount Prospect, IL

Studio Apartments for Rent in Mount Prospect, IL. 72 Rentals Available
72 Rentals Available
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Frequently asked questions

How many studio apartments for rent are available in Mount Prospect, IL on RentCafe?

There are 5 studio rentals available on RentCafe. Prices and availability in Mount Prospect, IL were last updated on 21 Jun 2026.

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

The average Mount Prospect, IL studio apartment size is 581 sq. ft.

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

Studio apartments in Mount Prospect, IL tend to be more affordable than other apartments and they have lower utility costs.

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

One of the downsides of living in a studio apartment is the limited storage space.

Renting a studio apartment in Mount Prospect, IL

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in Mount Prospect, IL, we have great news: on RentCafe you have 72 small apartment units to choose from in 25 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment. With the average rent currently at $1,671, opting for a cheap studio for as low as $150 is certainly a decision you’ll be able to gloat about and your wallet will thank you for.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in Mount Prospect, IL is currently $3,531.