Mount Prospect, IL rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Mount Prospect, IL is $2,295.

Average rent

$2,295

Month-over-month change

-$100

Year-over-year change

-$384

Available rentals

55

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,250 to $10,780.

Rent frequencies
Rent priceNumber of rental properties
$1,2002
$1,3003
$1,4003
$1,5003
$1,60011
$1,7003
$1,8002
$1,9002
$2,0001
$2,1003
$2,2003
$2,3004
$2,4007
$2,5006
$2,6003
$2,8002
$2,9006
$3,0004
$3,2002
$3,3002
$4,1001
$4,2001
$5,000+2

Average rent price over time

In the last year, rent has decreased by $384 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$2,307$1,795
Feb$2,295$2,300
Mar$2,395$1,852
Apr$2,374$1,895
May$2,200$2,340
Jun$2,000$2,300
Jul$2,495$2,395
Aug$2,200$2,313
Sep$2,295No data
Oct$2,195No data
Nov$2,428No data
Dec$2,540No data

Market temperature

The Mount Prospect, IL rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Mount Prospect, IL is 9% higher than the national average.

Mount Prospect, ILvs.

$2,295

$2,100

Rent in Mount Prospect, IL

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Frequently asked questions

1. What is the average rent in Mount Prospect, IL?

The average rent in Mount Prospect, IL is $2,295.

2. How much does it cost to rent a house in Mount Prospect, IL?

Houses in Mount Prospect, IL rent between $1,250 - $10,780 with an average rent of $2,295.

3. How has the rent in Mount Prospect, IL changed in the last year?

In the last year, the rent in Mount Prospect, IL decreased by $384

4. How much has the rent in Mount Prospect, IL increased/decreased in the last month?

In the last month, the rent in Mount Prospect, IL decreased by $100

5. How many available rentals are there in Mount Prospect, IL?

There are currently 55 rentals available in Mount Prospect, IL.

6. How do rent prices in Mount Prospect, IL compare with the national average?

The average rent in Mount Prospect, IL is $2,295 — 9.29% higher the national average of $2,100.