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Mount Prospect, IL Homes for Rent

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  • /52

    Starting at $1,600 Per Month

    • 1 - 3 Beds

    1300 S Elmhurst Rd, Mount Prospect, IL 60056

    At Huntington Square Apartments in Mount Prospect, Illinois, you will find great living at a great location. We have wonderful one, two, and three bedroom apartment homes for rent and we include the utilities in your rent. Our community features an outdoor pool and sundeck, tennis courts, a clubhouse a new fitness center, a private lake and park, bike trails, and beautiful landscaping. Stop by

    Huntington Square

    (224) 877-7446

    1300 S Elmhurst Rd, Mount Prospect, IL 60056
  • /48

    Starting at $1,410 Per Month

    • 1 - 3 Beds

    1550 Dempster St, Mount Prospect, IL 60056

    The Element offers spacious one-, two-, and three-bedroom apartment homes in a prime Mount Prospect location near major employers, retail, and everyday conveniences. Each home features generous floor plans with classic layouts, townhome-style options, and plenty of room to relax and unwind. Residents can enjoy a full collection of community amenities, including a fitness center, swimming pool,

    The Element

    (224) 479-0310

    1550 Dempster St, Mount Prospect, IL 60056
  • /49

    Starting at $2,488 Per Month

    • Studio - 2 Beds

    207 S Maple St, Mount Prospect, IL 60056

    Welcome to Top of The Mount Apartments, a luxury living experience! Enjoy living in rapidly growing downtown Mount Prospect, which features an abundance of restaurants and shopping. Top of The Mount features modern apartments comprised of high-end finishes and convenient amenities, including the brand-new Angelo Caputo's Fresh Markets, located on the first floor. It's everything you love about

    Top of The Mount Apartments

    (224) 222-0420

    207 S Maple St, Mount Prospect, IL 60056
  • /52

    Starting at $1,479 Per Month

    • Studio - 3 Beds

    730 W Algonquin Rd, Des Plaines, IL 60016

    Your new home is waiting for you at the ReNew Des Plaines North & South! Known for our residential atmosphere, our communities are nestled in the heart of the Des Plaines/Arlington Corridor. Award-winning schools draw you in and the sense of community makes you stay. Enjoy the peace and quiet on your private balcony or join in the fun poolside. Ready to get out and get things done? ReNew

    ReNew Des Plaines North & South

    (224) 282-0295

    730 W Algonquin Rd, Des Plaines, IL 60016
  • /55

    Starting at $1,489 Per Month

    • 1 - 3 Beds

    1958 W Algonquin Rd, Mt Prospect, IL 60056

    Welcome toMOUNT PROSPECT GREENSModern 1, 2, & 3 Bedroom Apartments in ChicagolandMount Prospect Greens Apartments has unveiled a BRAND NEW CLUBHOUSE and contemporary renovations to provide you with an elite living experience. We never stop in our quest to provide our residents with exciting amenities, stylish and comfortable apartment homes, and personalized care. Browse

    Mount Prospect Greens

    (224) 628-7541

    1958 W Algonquin Rd, Mt Prospect, IL 60056
  • /36

    Starting at $1,470

    Total Monthly Price

    • 1 - 3 Beds

    475 W Enterprise Dr, Mount Prospect, IL 60056

    At Orion Prospect Apartments, we make apartment living a wonderful experience. Even better, thanks to our excellent location in the Northwest Suburbs of Chicago, we are a commuters dream with easy access to I-90 and Route 53. Our community offers fast and easy access to all that matters in the area. Our amenity-rich community features beautifully landscaped grounds, top-rated schools and a

    Orion Prospect

    (309) 741-2533

    475 W Enterprise Dr, Mount Prospect, IL 60056
  • /46

    Starting at $1,400 Per Month

    • 1 - 2 Beds

    1450 S Busse Rd, Mount Prospect, IL 60056

    Eclipse at 1450 offers a comfortable lifestyle complemented by resort-class amenities and your choice of spacious one- or two-bedroom floor plans. Each floor plan comes with large closets and additional storage, so you'll always have a place for everything in your life. Our apartments are newly renovated and include large bedroom layouts and fully equipped, gourmet-inspired kitchens. The Eclipse

    The Eclipse at 1450

    (224) 434-3916

    1450 S Busse Rd, Mount Prospect, IL 60056
  • /29

    Starting at $1,497 Per Month

    • 1 - 2 Beds

    1706 Forest Cove Dr, Mount Prospect, IL 60056

    Secluded among winding walkways over wooden bridges, streams, and small ponds, Forest Cove reflects the ambiance of a mountain resort while providing the convenience of city living. Surrounded by nature, every apartment has spacious floorplans with ample storage and kitchen space while providing tranquil and scenic views. Our renovated clubhouse--The Island Club--provides the best that modern

    Forest Cove Apartments

    (630) 931-0738

    1706 Forest Cove Dr, Mount Prospect, IL 60056
  • /40

    Starting at $2,038 Per Month

    • Studio - 3 Beds

    122 E Northwest Hwy, Mount Prospect, IL 60056

    Discover your brand new home at this premier luxury apartment community in the heart of Mt. Prospect. Located just steps from the Metra station, you'll have unparalleled access to fabulous restaurants and entertainment, fine retail shopping, sophisticated spas, and yes, top-rated schools.Our vibrant community offers incomparable benefits -- designed to elevate your lifestyle. Enjoy the reliable

    HQ Residences Apartments

    (224) 478-1889

    122 E Northwest Hwy, Mount Prospect, IL 60056
  • /16

    Starting at $4,295 Per Month

    • 3 Beds

    320 S School St, Mount Prospect, IL 60056

    LUXURY TOWNHOME AT LIONS PARK ROW BRAND NEW CONSTRUCTION ,3 BED / 2.5 BATH | 3-STORY. Welcome to Lions Park Row, where contemporary design meets everyday comfort in this stunning newly built corner townhome. Featuring three spacious bedrooms, two and a half bathrooms, and a bright, open-concept three-story layout, this home offers elevated living in a prime location. The gourmet kitchen is

    Lions Park Row

    (224) 287-9926

    320 S School St, Mount Prospect, IL 60056
  • /36

    Starting at $2,375

    Total Monthly Price

    • Studio - 2 Beds

    235 E Prospect Ave, Mount Prospect, IL 60056

    The Dawson is a professionally managed, pet-friendly residential community just steps from Mount Prospects Metra station. Offering spacious junior, one- and two-bedroom apartments, each home features a sophisticated design and high-quality finishes that set a new standard for comfortable living. Residents can relax in the onsite dry sauna and massage chairs, while the convenience of Angelo

    The Dawson

    (224) 529-3568

    235 E Prospect Ave, Mount Prospect, IL 60056
  • /52

    Starting at $2,575 Per Month

    • 1 Bed

    11 W Prospect Ave, Mount Prospect, IL 60056

    The reimagined Prospect Place introduces a new level of luxury apartment living to the thriving downtown district of Mount Prospect. Designed & built by the award-winning team of Noah Properties & Lisek Interiors, the new construction 1 & 2 bedroom apartments offer condo-level finishes and unrivaled amenities at every turn.The professionally managed building redefines upscale living

    Prospect Place Luxury Apartments

    (331) 800-2147

    11 W Prospect Ave, Mount Prospect, IL 60056
  • /38

    Starting at $2,074

    Total Monthly Price

    • Studio - 3 Beds

    20 W Northwest Hwy, Mount Prospect, IL 60056

    Welcome to 20West, where elevated living meets everyday comfort in the heart of Mount Prospect. Here, spacious studio, one-, and two-bedroom floor plans are thoughtfully designed with high-end finishes, open layouts, and elegant touches that feel like home from the moment you walk in. Beyond your front door, a world of curated amenities awaits—from a modern fitness center and rooftop terrace to

    20West

    (847) 696-8706

    20 W Northwest Hwy, Mount Prospect, IL 60056
  • /33

    Starting at $1,895 Per Month

    • Studio - 2 Beds

    10 N Main St, Mount Prospect, IL 60056

    Located in Downtown Mt. Prospect, 10 North Main offers studio, one bedroom, two bedroom, and three bedroom apartments with large custom closets, wide-plank flooring throughout (including bedrooms), generous quartz countertops, in-unit washer/dryer, energy efficient stainless appliances, glass-enclosed showers, and plenty of living space for at-home working or entertaining. Manage keyless entry,

    10 North Main

    (224) 501-9138

    10 N Main St, Mount Prospect, IL 60056
  • /30

    Starting at $2,390 Per Month

    • 1 - 2 Beds

    1551 E Central Rd, Arlington Heights, IL 60005

    Located in the beautiful Chicago suburb of Arlington Heights, Central Park East is all about the location. Central Park East is conveniently located close to the Mt. Prospect Metra Station, as well as Northwest Highway, giving you easy access to downtown Chicago. Surrounded by beautiful nature preserves and parks, this location is perfect for the avid outdoors-man. Enjoy a famous Chicago style

    Central Park East

    (224) 425-4129

    1551 E Central Rd, Arlington Heights, IL 60005
  • /20

    $13,641

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • Condo for Rent

    1410 N Lama Ln Unit SI ID1237882P, Mount Prospect, IL 60056

    The advertised rate of $13,641/month is the lowest available price, based on a 30 day(s) stay with a move-in date of October 21, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    (224) 249-3148

    1410 N Lama Ln Unit SI ID1237882P, Mount Prospect, IL 60056
  • /16

    $3,099 Per Month

    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    1421 S Redwood Dr, Mount Prospect, IL 60056

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 2.0 bathrooms, and approximately 1,200 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    (224) 864-9560

    1421 S Redwood Dr, Mount Prospect, IL 60056
  • /20

    $3,250 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • House for Rent

    704 N Wilshire Dr, Mount Prospect, IL 60056

    Property Id: 1295419Welcome to tree lined 704 N. Wilshire Dr, Mount Prospect in the highly rated Hersey High School district. This home provides living on one level with all hardwood and tile floor with the right mix of living on one end, and three nice sized bedrooms on the other. Updated bathrooms. Revamped kitchen with Sub-zero Refrigerator, and stainless-steel appliances (New

    (224) 445-1640

    704 N Wilshire Dr, Mount Prospect, IL 60056
  • /14

    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • Condo for Rent

    1006 Butternut Ln, Mount Prospect, IL 60056

    Property Id: 2592394Amazing 2 bedroom, 2 bathroom condo in Mount Prospect. Amenities included: balcony, central air, central heat, deck, dishwasher, pool, stainless steel appliance, storage, and in unit washer dryer. Enjoy eat in kitchen with a walk-in pantry. large master bedroom and a bathroom with double sinks, separate shower and a soaker tub. Additional storage closet in enclosed

    (630) 912-7291

    1006 Butternut Ln, Mount Prospect, IL 60056
  • /20

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    363 W Hawthorne Cir Unit 5, Mount Prospect, IL 60056

    Property Id: 1216957Welcome to your new home at 363 West Hawthorne Circle in Mount Prospect, IL! This charming 1 bedroom, 1 bathroom apartment boasts top-notch amenities including a washer, dryer, oven, microwave, refrigerator, and freezer. With utilities like gas, sewage, water, and garbage included, you can enjoy worry-free living. Hardwood floors, radiant heating, and on-site laundry

    (224) 481-0846

    363 W Hawthorne Cir Unit 5, Mount Prospect, IL 60056
  • /19

    $1,900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,300 Sq Ft
    • Condo for Rent

    744 Dempster St Unit B107, Mount Prospect, IL 60056

    Welcome to your new home! This charming apartment, nestled within a serene green community, offers a perfect blend of comfort and modern living. As you step inside, you'll be greeted by the spaciousness that defines this delightful abode.This beautiful apartment boasts two generously sized bedrooms with walk-in closets, providing ample space for relaxation and rejuvenation. The bedrooms

    744 Dempster St Unit B107, Mount Prospect, IL 60056
  • /9

    $2,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,216 Sq Ft
    • Condo for Rent

    20 S Main St, Mount Prospect, IL 60056

    Down town in Mt. Prospect near train station. Good neighborhood, restaurant and library just across street.Heated 1 car garage include.2bed, 1bath specious area.

    20 S Main St, Mount Prospect, IL 60056
  • /3

    $1,600

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    922 E Old Willow Rd, Prospect Heights, IL 60070

    1 Bedroom 1 Bath 900sq ft condo for rent. Freshly remodeled, new kitchen, new bathroom, new flooring, freshly painted1st floor unit, lots of parking space, outdoor pool. Nice quiet neighborhood. Price 1600$ + DepositAll utilities included except electricity Available now!

    922 E Old Willow Rd, Prospect Heights, IL 60070
  • /26

    $2,650 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • House for Rent

    16 N Kenilworth Ave, Mount Prospect, IL 60056

    Beautiful updated home with park view, move-in ready, great location. Newer floors, newer updated kitchen with hi-end features, updated bathroom, newer appliances. Very nice decent size back yard with great view, big driveway. Great schools.

    Lora Zlotnik American Real Estate Services

    16 N Kenilworth Ave, Mount Prospect, IL 60056
  • /13

    $3,150 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,574 Sq Ft
    • Gorgeous 3 Bedroom Home in Mount Prospect!

    304 W Golf Rd, Mount Prospect, IL 60056

    Gorgeous Home located in the Country Club Terrace subdivision in Mount Prospect ready for Move In! This home offers 3 spacious bedrooms, 2.5 bathrooms on the main floor and a large, finished basement with a bathroom! The 2-car garage is oversized. Enjoy the extra space with the adjacent room between the kitchen and garage. This space can be utilized as entertainment or office! Gorgeous wooden

    304 W Golf Rd, Mount Prospect, IL 60056
  • /11

    $4,595 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,831 Sq Ft
    • Apartment for Rent

    308 E Lincoln St Unit 308, Mount Prospect, IL 60056

    Nestled on the cusp of vibrant Downtown Mount Prospect, mere moments from local boutiques, trendy bars, delectable eateries, and the convenient Metra Station, Lions Park Row epitomizes the pinnacle of luxury and value. With generous room sizes, ample outdoor space and dedicated two-car garages, our attached apartment rentals redefine Northwest Suburban living by delivering unparalleled space,

    SFP Properties SFP Properties

    308 E Lincoln St Unit 308, Mount Prospect, IL 60056
  • /18

    $3,150 Per Month

    • 3 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • House for Rent

    705 N Wille St, Mount Prospect, IL 60056

    Modern and beautifully updated 3 Bed, 2 Bath ranch house with a full finished basement. This gorgeous home has never been rented and shows like a model home. All upgrades were made within 5 years including the gourmet kitchen boasting white shaker cabinets, trendy grey backsplash and newer appliances. Hardwood floors and can lights can be found throughout. The living room feels inviting with tons

    705 N Wille St, Mount Prospect, IL 60056
  • /34

    $2,750 Per Month

    • 1 Bed
    • 1 Bath
    • 566 Sq Ft
    • Apartment for Rent

    11 W Prospect Ave Unit 315, Mount Prospect, IL 60056

    Elevated to the next level, Prospect Place delivers a first-class living experience to the thriving downtown district of Mount Prospect. Built by award-winning Noah Properties and boasting the expertly crafted interior design style of Lisek Interiors, the luxury residences of Prospect Place offer multiple one-bedroom and two-bedroom layouts that purposefully blend modern elegance with comfort and

    Daniel Management Group Daniel Management Group Inc

    11 W Prospect Ave Unit 315, Mount Prospect, IL 60056
  • /2

    $4,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • House for Rent

    1802 W Willow Ln, Mount Prospect, IL 60056

    Nice 4 Bed Room with Sun Room, Fantastic location near shopping, expressways, and Mt Prospect's well known recreation center. Add great schools to the mix and you've found a winner.

    Sunil Gupta 21st Century Realty INC

    1802 W Willow Ln, Mount Prospect, IL 60056
  • /16

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1900 W Knightsbridge Dr Unit 2A, Mount Prospect, IL 60056

    HUGE FAMILY ROOM WITH DINING AREA! 1 BED ROOM, 1 BATH ROOM! GLEAMING FLOORING ALL OVER!! NO CARPETED AREA! NICE BALCONY OVERLOOKING MATURE TREES! COURTYARD! WINDOW A/C UNIT! BACKYARD WITH PARK LIKE SETTING!! EASY ACCESS TO HIGHWAY AND MINUTES TO O'HARE AIRPORT!! GOOD CREDIT A MUST!! LISTING AGENT TO RUN CREDIT AND NATIONAL BACKGROUND CHECK UP REPORT!! COME AND LOOK AT IT, YOU WILL LOVE IT. WILL.

    Thomas Vellookunnel Charles Rutenberg Realty

    1900 W Knightsbridge Dr Unit 2A, Mount Prospect, IL 60056
  • /34

    $2,400 Per Month

    • 1 Bed
    • 1 Bath
    • 630 Sq Ft
    • Apartment for Rent

    11 W Prospect Ave Unit 306, Mount Prospect, IL 60056

    Elevated to the next level, Prospect Place delivers a first-class living experience to the thriving downtown district of Mount Prospect. Built by award-winning Noah Properties and boasting the expertly crafted interior design style of Lisek Interiors, the luxury residences of Prospect Place offer multiple one-bedroom and two-bedroom layouts that purposefully blend modern elegance with comfort and

    Daniel Management Group Daniel Management Group Inc

    11 W Prospect Ave Unit 306, Mount Prospect, IL 60056
  • /31

    $2,795 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,179 Sq Ft
    • Townhouse for Rent

    926 N Boxwood Dr Unit B, Mount Prospect, IL 60056

    Updated & Move-In Ready! This beautifully updated home offers three levels of comfortable living, featuring 3 bedrooms, 1.1 bathrooms, and a fully finished basement. Enjoy the bright, airy atmosphere enhanced by fresh paint, refinished hardwood floors, and a newly renovated kitchen with modern cabinetry, new flooring, stainless steel appliances, and a large window overlooking the spacious grassy

    Lavinia Shimkus City Habitat Realty LLC

    926 N Boxwood Dr Unit B, Mount Prospect, IL 60056
  • /14

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • Apartment for Rent

    1001 E Callero Cir Unit 1, Mount Prospect, IL 60056

    Recently renovated, bright and spacious 3 bedrooms, 2 bathrooms apartment. Fully equipped with stainless steel appliances and a washer and dryer in the basement. Hardwood floors, modern lighting with day and night function, central heating and cooling. One garage space and two additional spaces in front of the driveway. You can use the backyard.

    Malgorzata Wasik arhome realty

    1001 E Callero Cir Unit 1, Mount Prospect, IL 60056
  • /34

    $2,575 Per Month

    • 1 Bed
    • 1 Bath
    • 655 Sq Ft
    • Condo for Rent

    11 W Prospect Ave Unit 303, Mount Prospect, IL 60056

    Elevated to the next level, Prospect Place delivers a first-class living experience to the thriving downtown district of Mount Prospect. Built by award-winning Noah Properties and boasting the expertly crafted interior design style of Lisek Interiors, the luxury residences of Prospect Place offer multiple one-bedroom and two-bedroom layouts that purposefully blend modern elegance with comfort and

    Daniel Management Group Daniel Management Group Inc

    11 W Prospect Ave Unit 303, Mount Prospect, IL 60056
  • /11

    $4,695 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,831 Sq Ft
    • Apartment for Rent

    314 E Lincoln St Unit 314, Mount Prospect, IL 60056

    Nestled on the cusp of vibrant Downtown Mount Prospect, mere moments from local boutiques, trendy bars, delectable eateries, and the convenient Metra Station, Lions Park Row epitomizes the pinnacle of luxury and value. With generous room sizes, ample outdoor space and dedicated two-car garages, our attached apartment rentals redefine Northwest Suburban living by delivering unparalleled space,

    SFP Properties SFP Properties

    314 E Lincoln St Unit 314, Mount Prospect, IL 60056
  • /28

    $2,795 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,850 Sq Ft
    • Townhouse for Rent

    1017 Arbor Ct, Mount Prospect, IL 60056

    Opportunity to rent a spacious townhome in a highly desirable Mount Prospect location! This absolutely beautiful unit features can lighting throughout the main level and a private entrance with a private yard. Enjoy a great, functional floor plan offering 3 large bedrooms, a luxury primary bath, and a second-floor loft perfect for a home office or lounge. The updated kitchen boasts new cabinetry,

    AJ|Abhijit Leekha Property Economics Inc.

    1017 Arbor Ct, Mount Prospect, IL 60056
  • /15

    $3,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    122 E Northwest Hwy Unit 314, Mount Prospect, IL 60056

    Enjoy convenient and comfortable summer living in this beautifully maintained two bedroom, two bathroom rental located in a desirable downtown Mount Prospect location! This bright and welcoming unit features an open and functional floor plan accented by beautiful luxury wood laminate flooring that adds warmth and style throughout the living spaces. Spacious living and dining areas provide plenty

    Stephanie LoVerde Baird & Warner

    122 E Northwest Hwy Unit 314, Mount Prospect, IL 60056
  • /2

    $3,100 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,400 Sq Ft
    • Townhouse for Rent

    113 Creekbend Ct, Mount Prospect, IL 60056

    Rarely available and easy to love! This beautifully maintained 2-story brick townhome offers a bright, open layout with 9-foot ceilings, hardwood floors, and lots of natural light. The spacious kitchen features 42" cabinets, granite countertops, stainless steel appliances, and a large island-perfect for meals and entertaining. Upstairs, you'll find three bedrooms, including a generous size

    Julia Alexander Keller Williams North Shore West

    113 Creekbend Ct, Mount Prospect, IL 60056
  • /15

    $3,995 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,520 Sq Ft
    • Townhouse for Rent

    321 W Prospect Ave, Mount Prospect, IL 60056

    Tour this stunning, modern row home style unit available now. The main level features a bright living room, an impressive kitchen with stainless appliances, dishwasher & breakfast bar overlooking dining room, along with a powder room and laundry. Upstairs is a luxurious primary suite with walk-in closet, stylish full bathroom with dual sink vanity, separate tub and shower. French doors leading to

    Jerome Witte My Town Realty Group Inc

    321 W Prospect Ave, Mount Prospect, IL 60056
  • /34

    $3,180 Per Month

    • 2 Beds
    • 1 Bath
    • 968 Sq Ft
    • Apartment for Rent

    11 W Prospect Ave Unit 420, Mount Prospect, IL 60056

    Elevated to the next level, Prospect Place delivers a first-class living experience to the thriving downtown district of Mount Prospect. Built by award-winning Noah Properties and boasting the expertly crafted interior design style of Lisek Interiors, the luxury residences of Prospect Place offer multiple one-bedroom and two-bedroom layouts that purposefully blend modern elegance with comfort and

    Daniel Management Group Daniel Management Group Inc

    11 W Prospect Ave Unit 420, Mount Prospect, IL 60056

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Why Live in Mount Prospect

Mount Prospect, Illinois, is a northwest suburb located approximately 24 miles from downtown Chicago and 8 miles from Chicago O’Hare International Airport. The area has evolved from its origins as a flag stop in the late 1800s to a bustling community with a population of over 54,000. The downtown area underwent significant redevelopment in the 1990s and 2000s, introducing brick crosswalks, wrought iron lampposts, and mixed-use properties around Village Hall and Centennial Green park. Housing options include single-family homes such as split-levels, ranch-style homes, Cape Cods, bungalows, and colonial-style homes, as well as condos and townhouses. The Mount Prospect Park District collaborates with neighboring communities to offer recreational facilities like Melas Park, Mt. Prospect Golf Club, and Old Orchard Country Club. Randhurst Village, a walkable outdoor shopping center, and Busse Woods, a large forest preserve, provide diverse things to do. The area is served by highly-rated River Trails School District 26 and Township High School District 214. Commuting is facilitated by the Metra Union Pacific Northwest Line and nine Pace bus routes, while driving remains popular. Downtown Mount Prospect features a variety of dining and shopping options, including Jewel-Osco, Aldi, Angelo Caputo's Fresh Markets, and a busy Costco. Community events such as block parties and concerts foster a friendly atmosphere, aligning with the village’s motto, “Where friendliness is a way of life.”

Frequently Asked Questions

How much does it cost to rent a home in Mount Prospect, IL?
The median rent for a home in Mount Prospect, IL is $2,795 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Prospect, IL?
To comfortably afford the median rent in Mount Prospect, IL, a household needs to earn roughly $111,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,795 per month in Mount Prospect, IL, renters typically need to show $8,385 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mount Prospect, IL?
In Mount Prospect, IL, the price-to-rent ratio is 12.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Mount Prospect, IL are best for renting a home?
The best neighborhood for renting in Mount Prospect, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Mount Prospect, North Mount Prospect, Mount Shire, Forest River and Arlington Heights Central Business District, each with its own character and price range.

Rental Trends in Mount Prospect, IL

Rental Home Trends

Number of Homes for Rent
44
Median Rent
$2,795
Median Single Family Home Rent
$3,200
Median Townhouse Rent
$2,950
Median Condo Rent
$2,300
How to Rent a Home