Mount Prospect, IL Rental Market Trends
What is the average rent in Mount Prospect?
The average rent for an apartment in Mount Prospect is $1,261, a change amounting to approximately 0% compared to the previous year.
Average Rent in Mount Prospect, IL
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,261||0%||887 sq. ft.|
What is the average apartment size in Mount Prospect?
The average size for a Mount Prospect, IL apartment is 887 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Mount Prospect, IL Apartment Rent Ranges
Mount Prospect, IL Occupied Housing Units
- Renter-occupied Households26%
- Owner-occupied Households73%
5,585 or 26% of the households in Mount Prospect, IL are renter-occupied while 15,210 or 73% are owner-occupied.
Mount Prospect, IL Rent Trends
|Mar / 2018||Jul / 2018||Nov / 2018||Mar / 2019||Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Jun / 2021|
How Mount Prospect Compares to Other Cities
|Average Rent||Y-o-Y Change|