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Average Rent in Mount Prospect, IL

The typical rent in Mount Prospect, IL is $1,693/month (as of April 2026).

Average market rent

$1,693/mo

Zillow Observed Rent Index (ZORI) · April 2026

Median gross rent

$1,502/mo

US Census Bureau (ACS) · December 2024

Average rent by bedroom in Mount Prospect, IL

TypeAverage rent
Studio$1,381/mo
1 bedroom$1,394/mo
2 bedroom$1,558/mo
3 bedroom$2,139/mo
4 bedroom$2,758/mo
5+ bedroom$1,740/mo

Source: US Census Bureau (ACS) (December 2024).

Renting in Mount Prospect, IL?

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Frequently asked questions

What is the average rent in Mount Prospect, IL?

The average rent in Mount Prospect, IL is approximately $1,693 per month as of April 2026, based on Zillow Observed Rent Index (ZORI).

How much is a 2-bedroom in Mount Prospect, IL?

The average rent for a 2-bedroom in Mount Prospect, IL is about $1,558 per month (US Census Bureau (ACS)).

How often is this data updated?

The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.

Rent in nearby cities (IL)

Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.