Mount Prospect Rent Trends
Chicago, IL · October 2026 · median asking rents from leased listings
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
- Median asking rent
- $2,591
- Effective rent
- $2,591
- Vs. Chicago median
- +6%
- Avg days to lease
- 26
- Active rentals now
- 24
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,077
— YoY · as of August 2026
1 bedroom
$2,616
— YoY · as of October 2026
2 bedroom
$3,422
— YoY · as of July 2026
Source: MLS (leased rental listings) + Abode managed communities (Dynamics 365). Figures suppressed below 10 listings/month. Methodology
Data through October 2026 · Last updated November 7, 2026 · Next release: early December 2026
Mount Prospect renting, answered
- What is the average rent in Mount Prospect?
- As of October 2026, the median asking rent in Mount Prospect is $2,591 per month, based on 7 leased listings. By size, the median is $2,616 for a 1 bedroom and $3,422 for a 2 bedroom.
- Is Mount Prospect more expensive than Chicago overall?
- Mount Prospect's median asking rent is 6% above the Chicago citywide median of $2,450.
- 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 24 active listings on the market right now.
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