Mount Prospect Rent Trends
Chicago, IL · August 2026 · median asking rents from leased listings
Data through August 2026 · Last updated September 10, 2026 · Next release: early October 2026
- Median asking rent
- $2,484
- Effective rent
- $2,484
- Vs. Chicago median
- -2%
- Avg days to lease
- 18
- Active rentals now
- 27
Median asking rent over time
Asking rentEffective rent (after concessions)Concession spread
Studio
$2,077
— YoY · as of August 2026
1 bedroom
$2,489
— YoY · as of August 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 August 2026 · Last updated September 10, 2026 · Next release: early October 2026
Mount Prospect renting, answered
- What is the average rent in Mount Prospect?
- As of August 2026, the median asking rent in Mount Prospect is $2,484 per month, based on 22 leased listings. By size, the median is $2,489 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 2% below the Chicago citywide median of $2,535.
- How quickly do rentals lease in Mount Prospect?
- Over the last 90 days, rentals in Mount Prospect leased in an average of 18 days, with 27 active listings on the market right now.
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