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Apartments for Rent in Mount Prospect, IL under $1500


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  • Rent specials 37 units available
    1 bd $1,360+
    Total monthly cost
    Verified Listing

    Orion Prospect

    4.0 (24)
    475 W. Enterprise Drive, Mount Prospect, IL 60056
    Apply online • Pet friendly • Pool
  • 11 units available
    1 bd $1,421+
    Total monthly cost
    Verified Listing

    Orion ParkView

    4.5 (34)
    1821 W Golf Road, Mount Prospect, IL 60056
    Apply online • Pet friendly • Parking
  • Studio $1,180
    1 bd $1,400
    Base rent
    Verified Listing

    Courts Of The Fountains

    4.0 (36)
    8638-56 W. Golf Rd, Des Plaines, IL 60016
  • More Rentals Near Mount Prospect, IL

  • 1 bd $1,360+
    Base rent
    4.0 (36)
    4700 Arbor Drive, Rolling Meadows, IL 60008
    Apply online • Pet friendly • Fitness center
  • Studio $1,300
    Base rent
    Verified Listing

    7-13 W. Campbell St.

    4.0 (1)
    7-13 W. Campbell St., Arlington Heights, IL 60005
    Apply online • Pet friendly • In unit laundry
  • 1 bd $1,026
    2 bd $1,414
    Base rent
    Verified Listing

    Crescent Place

    4.0 (3)
    310 W Rand Road, Arlington Heights, IL 60004
    Fitness center
  • Rent specials 8 units available
    Studio $1,491+
    Base rent
    4.5 (62)
    1708 Arbor Square, Schaumburg, IL 60173
    Apply online • Pet friendly • Parking
  • Rent specials
    1 bd $1,495
    Base rent
    Verified Listing

    Buffalo Creek

    4.0 (35)
    70 S Buffalo Grove Rd, Buffalo Grove, IL 60089
    Apply online • Pet friendly • Pool
  • Studio $1,300+
    Base rent
    Verified Listing

    Fleetwood Center

    4.0 (11)
    323-409 N. Northwest Hwy., Palatine, IL 60067
    Apply online • Air conditioner • High Speed Internet
  • Rent specials 58 units available
    Studio $1,250
    1 bd $1,417+
    Base rent
    Verified Listing

    The Pavilion Apartments

    3.0 (6)
    5441 N. East River Road, Chicago, IL 60656
    Apply online • Pet friendly • Fitness center
  • Only 3 units left
    Studio $575
    Base rent
    Verified Listing

    5151 Harlem

    5151 N Harlem Ave, Chicago, IL 60656
    Apply online • Pet friendly
  • Rent specials
    Studio $1,198
    1 bd $1,329+
    Total monthly cost
    Verified Listing

    Mont Clare

    4.0 (49)
    7171 W Gunnison St, Harwood Heights, IL 60706
    Apply online • Pet friendly
  • Only 1 unit left
    2 bd $1,300
    Base rent
    4.5 (6)
    4630- 4611 Davis St, Skokie, IL 60076
    Apply online • Parking • In unit laundry
  • Rent specials
    Studio $1,400+
    Base rent
    4.0 (555)
    2200 Hassell Rd., Hoffman Estates, IL 60169
    Apply online • Pet friendly • Parking
  • 1 bd $1,435
    Base rent
    Verified Listing

    Brook Forest

    4.0 (20)
    1131-1139 Center St., Bensenville, IL 60106
  • Ask for pricing
    4.5 (5)
    4934-44 Church St, Skokie, IL 60077
    Dishwasher • Air conditioner • Washer/Dryer
  • Ask for pricing
    Verified Listing

    4921 Crain

    4.5 (9)
    4921 Crain, Skokie, IL 60077
    Cat friendly • In unit laundry • Air conditioner
  • Ask for pricing
    Verified Listing

    9301 Kenton Ave

    4.5 (36)
    9301 Kenton Ave, Skokie, IL 60077
    Parking • In unit laundry • Dishwasher
  • Ask for pricing
    Verified Listing

    8225 Knox Ave.

    8225 Knox Ave, Skokie, IL 60076
    Cat friendly • In unit laundry • Large Closets
  • Ask for pricing
    Verified Listing

    8018 Kilpatrick Ave

    8018 Kilpatrick Ave, Skokie, IL 60076
    Cat friendly
  • 1 bd $878+
    Base rent
    Verified Listing

    5705 W. Catalpa Ave.

    4.5 (4)
    5705 Catalpa Ave., Chicago, IL 60630
    Pet friendly
  • Ask for pricing
    Verified Listing

    716-20 Central Ave

    716 Central Ave, Highland Park, IL 60035
    Cat friendly • In unit laundry • Air conditioner
  • 1 bd $1,500
    Base rent
    Verified Listing

    3810 25th Ave, Unit 4

    3810 25Th Ave, Schiller Park, IL 60176
    Cat friendly • Parking • Dishwasher
  • 3-22-city



Frequently asked questions

When were prices and availability in Mount Prospect, IL last updated?

Prices and availability in Mount Prospect, IL were last updated on 19 Aug 2026.

What are the best apartments in Mount Prospect, IL?
What type of rental buildings are in Mount Prospect, IL?

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.

Apartments in Mount Prospect, IL under $1,500

Balancing snug and cheap is no joke when it comes to renting a place to live. “Are there any apartments near me under $1,500?” is a great question to start from. Knowing your budget means you’re one step ahead and on the right track. We’ve taken care of the rest and found 137 apartments for rent in Mount Prospect, IL on which you’ll spend less than $1,500. A small, cheap rental means you’ll have to budget your living space as well. The great news is that keeping it simple pays off in more than one way. The cost of utilities is likely to run low, and you get the added benefit of not having to spend too much time cleaning up the whole place. Smaller apartments are more likely to be closer to the city center, so there are potential cuts to your transportation costs too. And here’s one more very special secret to add to your book-of-perks: you’re less likely to overshop when you know your space is limited.

Rentals near you under $1,500

Our goal is to help you find cheap apartments that live up to your dreams without crushing your budget. It may be a long shot to go looking for 3 bedroom apartments or even 2 bedroom for less than $1,500. The average rental size in Mount Prospect, IL is 885 Sqft, but the $1,500 limit will probably narrow your search to places with a smaller square footage. Go through our listings and be on the look-out for a hassle-free studio or a 1 bedroom apartment. We trust you’ll turn it into a cozy home which is also budget-friendly to the core.