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Apartments for Rent in Mount Prospect, IL under $1500 – 70 Rentals available

  • 1958 W Algonquin Rd, Mount Prospect, IL 60056
    $1,195 - $1,499
    • 1-2 Beds
    • 1-1.5 Baths
    Apollo Property Management
    Available Today! Last updated 23 Jun 2021
    (833) 225-8030
  • 10 North Main Street, Mt Prospect, IL 60056
    $1,396 - $1,496
    • Studio-1 Bed
    • 1 Bath
    RMK Management
    Available Today! Last updated 23 Jun 2021
    (847) 254-1223
  • 1706 Forest Cove Dr., Mount Prospect, IL 60056
    $1,194 - $3,366
    • 1-2 Beds
    • 1 Bath
    TLC Management
    Available Today! Last updated 23 Jun 2021
    (847) 439-7477
  • 11 Dryden Pl, Arlington Heights, IL 60004
    $890 - $975
    • 1-2 Beds
    • 1 Bath
    Cagan Management Group
    Available Today! Last updated 23 Jun 2021
    (847) 749-7858
  • 2400 S Goebbert Rd, Arlington Heights, IL 60005
    $1,265 - $1,340
    • 1-2 Beds
    • 1-2 Baths
    Calibrate Property Management, LLC
    Available Today! Last updated 23 Jun 2021
    (847) 621-2937
  • 1 N Dryden Pl, Arlington Heights, IL 60004
    $910 - $1,195
    • 1-2 Beds
    • 1 Bath
    Cagan Management Group
    Available Today! Last updated 23 Jun 2021
    (847) 749-7858
  • 7-13 W. Campbell St., Arlington Heights, IL 60005
    $985
    • Studio-2 Beds
    • 1 Bath
    Peak Properties, Inc.
    Available Today! Last updated 23 Jun 2021
    (773) 281-5252
  • 2206-2210 S. Goebbert Road, Arlington Heights, IL 60005
    • 1-2 Beds
    • 1-1.5 Baths
    Lawton Realty Group
    Last updated 23 Jun 2021
    (847) 439-5155
  • (12)
    150 N. East River Road, Des Plaines, IL 60016
    See current rent specials
    $1,350 - $1,595
    • Studio
    • 1 Bath
    Laramar Communities
    Last updated 23 Jun 2021
    (224) 250-2546
  • (22)
    470 Foxboro Dr, Wheeling, IL 60090
    $1,160 - $1,730
    • 1-2 Beds
    • 1-1.3 Baths
    Marquette Management, Inc
    Last updated 23 Jun 2021
    (833) 271-9528
  • (10)
    9700 SUMAC RD, Des Plaines, IL 60016-1787
    See current rent specials
    $1,125 - $1,485
    • 1-2 Beds
    • 1-2 Baths
    Malkin Properties
    Last updated 23 Jun 2021
    (847) 298-4880
  • (2)
    2734 N Buffalo Grove Rd, Arlington Heights, IL 60004
    $1,312 - $2,245
    • 1-2 Beds
    • 1 Bath
    Laramar Communities
    Last updated 23 Jun 2021
    (224) 857-2827
  • (4)
    1110-1112 W. Hawthorne, Arlington Heights, IL 60005
    $1,199 - $1,400
    • 1-2 Beds
    • 1 Bath
    Brian Properties, Inc.
    Last updated 23 Jun 2021
    (847) 640-1500

Mount Prospect, IL Demographics

  • Total Population54,604
  • Female 26,944
    Male 27,660
  • Median Age40.4

Average Rent in Mount Prospect, IL

  • Mount Prospect, IL Average Rental Price, June 2021 $1,261 /mo

Mount Prospect, IL Apartment Rent Ranges

  • $701-$1,0007%
  • $1,001-$1,50078%
  • $1,501-$2,00015%

Mount Prospect, IL Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Jun / 2021
Mount Prospect, IL $1,217 $1,207 $1,224 $1,196 $1,244 $1,230 $1,261 $1,220 $1,224 $1,261
National $1,314 $1,345 $1,354 $1,358 $1,390 $1,397 $1,400 $1,392 $1,396 $1,407
/

Mount Prospect, IL Households

  • Total Number of Households20,795
  • Family 15,210
    Non-family 5,585
  • Children 6,887
    No Children 13,908
  • Average People Per Household2.62
  • Median Household Income$79,733
  • Median Housing Costs Per Month$1,300

Mount Prospect, IL Education Statistics

  • No High School4%
  • Some High School26%
  • Some College22%
  • Associate Degree7%
  • Bachelor Degree27%
  • Graduate Degree14%

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 70 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 911 Sq.Ft., 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.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!