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Mount Prospect, IL Townhomes for Rent

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    $2,695 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
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    $4,475 Per Month

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

    332 S School St Unit 332, Mount Prospect, IL 60056

    This stunning three-story end unit, built just last year, offers modern living with energy-efficient features in a prime location. Designed with sustainability in mind, the home includes a state-of-the-art building envelope, European-style full-frame cabinetry, quartz countertops, stainless steel appliances, and wide plank flooring throughout. The open-concept living space boasts 9'+ ceilings, a

    SFP Properties SFP Properties

    332 S School St Unit 332, Mount Prospect, IL 60056

Frequently Asked Questions

How much does it cost to rent a townhouse in Mount Prospect, IL?
The median rent for a townhouse in Mount Prospect, IL is $2,950 per month, though prices vary by neighborhood, size, and property type. As of August 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 $107,800 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 $2,695 per month in Mount Prospect, IL, renters typically need to show $8,085 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 13.6, 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 townhouse?
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 townhouse include Plum Grove Village, The Glen, Elk Grove Village West and Northeast Buffalo Grove, each with its own character and price range.

Rental Home Trends

Number of Townhouses for Rent
2
Median Townhouse Rent
$2,950
Median 3 Bedroom Townhouse Rent
$2,950
How to Rent a Home