Mount Prospect, IL rental market

What is the average rent in Mount Prospect, IL?

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Last updated April 11, 2026

Rental market summary

The average rent for all bedrooms and all property types in Mount Prospect, IL is $2,201.

Average rent

$2,201

Month-over-month change

-$99

Year-over-year change

-$194

Available rentals

47

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,180 to $10,963.

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Rent frequencies
Rent priceNumber of rental properties
$1,3006
$1,4005
$1,5001
$1,6007
$1,7006
$1,8003
$1,9002
$2,2004
$2,3001
$2,5001
$2,6002
$2,8002
$2,9003
$3,0002
$3,1003
$3,2002
$3,3001
$3,4001
$3,9002
$4,0001
$4,3001
$4,5001
$4,6002
$5,000+2

Average rent price over time

In the last year, rent has decreased by $194 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,795$1,950
Feb$2,300$1,990
Mar$1,852$2,000
Apr$1,895$1,950
May$2,340No data
Jun$2,300No data
Jul$2,395No data
Aug$2,313No data
Sep$2,400No data
Oct$2,300No data
Nov$2,000No data
Dec$2,300No data

Market temperature

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

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Mount Prospect, IL is 10% higher than the national average.

Mount Prospect, ILvs.

$2,201

$2,000

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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 $2,201.

2. What is the average rent for a studio apartment in Mount Prospect, IL?

The average rent for a studio apartment in Mount Prospect, IL is $2,071 per month.

3. What is the average rent for a one-bedroom apartment in Mount Prospect, IL?

The average rent for a one-bedroom apartment in Mount Prospect, IL is $1,521 per month.

4. What is the average rent for a two-bedroom apartment in Mount Prospect, IL?

The average rent for a two-bedroom apartment in Mount Prospect, IL is $1,820 per month.

5. What is the average rent for a three-bedroom apartment in Mount Prospect, IL?

The average rent for a three-bedroom apartment in Mount Prospect, IL is $3,125 per month.

6. What is the average rent for a four-bedroom apartment in Mount Prospect, IL?

The average rent for a four-bedroom apartment in Mount Prospect, IL is $8,100 per month.

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

Houses in Mount Prospect, IL rent between $1,180 - $10,963 with an average rent of $2,201.

8. 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 $194

9. 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 $99

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

There are currently 47 rentals available in Mount Prospect, IL.

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

The average rent in Mount Prospect, IL is $2,201 — 10.05% higher the national average of $2,000.