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Cheap Apartments for Rent in Mount Prospect, IL - 2 Rentals available

We found 1 rental in Mount Prospect, IL and 1 rental nearby

Apartments Under $1,400

We found 1 rental within a 5-mile radius of Mount Prospect, IL

  • Apartment
    9700 SUMAC RD, Des Plaines, IL 60016-1787
    See current rent specials
    $1,050 - $1,755
    • 1-3 Beds
    Last updated 17 Nov 2019
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Mount Prospect, IL Demographics

  • Total Population54,493
  • Female 27,309
    Male 27,184
  • Median Age39.7

Average Rent in Mount Prospect, IL

  • Mount Prospect, IL Average Rental Price, October 2019 $1,244 /mo

Mount Prospect, IL Apartment Rent Ranges

  • $701-$1,0002%
  • $1,001-$1,50088%
  • $1,501-$2,00010%

Mount Prospect, IL Rent Trends

Average Rent Jul / 2016 Nov / 2016 Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Oct / 2019
Mount Prospect, IL $1,193 $1,156 $1,130 $1,182 $1,179 $1,217 $1,207 $1,224 $1,196 $1,244
National $1,342 $1,350 $1,346 $1,378 $1,380 $1,383 $1,418 $1,427 $1,431 $1,466
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Average rent is projected to grow by 3% in 2019 compared to 2018.

Please note that projected rent growth is calculated at city level.

Average rent values on this page are aggregated from data from zip code 60056

Check out the average rent prices in Mount Prospect by neighborhood.

Mount Prospect, IL Households

  • Total Number of Households20,330
  • Family 14,834
    Non-family 5,496
  • Children 7,021
    No Children 13,309
  • Average People Per Household2.67
  • Median Household Income$71,925
  • Median Housing Costs Per Month$1,232

Mount Prospect, IL Education Statistics

  • No High School4%
  • Some High School27%
  • Some College23%
  • Associate Degree7%
  • Bachelor Degree25%
  • Graduate Degree13%

Looking for a cheap apartment for rent in Mount Prospect, IL? With RENTCafé, finding an affordable apartment in Mount Prospect, IL has never been easier. We feature 2 low-priced rentals directly from property managers, with rents lower than the Mount Prospect, IL average. What is a cheap rent in Mount Prospect, IL? The average apartment rent in Mount Prospect is $1,244 per month so any rental south of $995 would be considered cheap here. On RENTCafé, Mount Prospect, IL rents go as low as $1,225/mo.

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