Mount Prospect Rent Trends
Chicago, IL · February 2026 · median asking rents from leased listings
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
- Median asking rent
- $2,505
- Effective rent
- $2,505
- Vs. Chicago median
- +9%
- Avg days to lease
- 26
- Active rentals now
- 40
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through June 2026 · Last updated July 8, 2026 · Next release: early August 2026
Mount Prospect renting, answered
- What is the average rent in Mount Prospect?
- As of February 2026, the median asking rent in Mount Prospect is $2,505 per month, based on 14 leased listings.
- Are rents in Mount Prospect going up or down?
- Median asking rent in Mount Prospect is up 8.9% compared with a year ago.
- Is Mount Prospect more expensive than Chicago overall?
- Mount Prospect's median asking rent is 9% above the Chicago citywide median of $2,300.
- How quickly do rentals lease in Mount Prospect?
- Over the last 90 days, rentals in Mount Prospect leased in an average of 26 days, with 40 active listings on the market right now.
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