Mount Prospect, IL Rental Market Trends
What is the average rent in Mount Prospect?
The average rent for an apartment in Mount Prospect is $1,712. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Mount Prospect, IL
Last updated November 2024
Average Rent | Average Apartment Size |
---|---|
$1,712 | 838 sq. ft. |
What is the average apartment size in Mount Prospect?
The average size for a Mount Prospect, IL apartment is 838 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
6,605 or 30% of the households in Mount Prospect, IL are renter-occupied while 15,312 or 70% are owner-occupied.
Mount Prospect, IL rent trends

How Mount Prospect Compares to Other Cities
State | Average Rent |
---|---|
Chicago | $2,331 |
Oak Park | $2,185 |
Evanston | $2,503 |
Skokie | $2,005 |
Champaign | $1,619 |
Naperville | $1,993 |
Dekalb | $1,027 |
Aurora | $1,800 |
Lisle | $1,764 |
Lombard | $2,008 |
Schaumburg | $1,951 |
Arlington Heights | $1,930 |
Highland Park | $3,452 |
Palatine | $1,830 |
Rolling Meadows | $1,738 |
Vernon Hills | $2,342 |
Des Plaines | $1,847 |
Wheeling | $1,964 |
Mount Prospect | $1,712 |
Highwood | $1,904 |
Buffalo Grove | $2,095 |