AbodeABODE

Mount Prospect Rent Trends

Chicago, IL · June 2026 · median asking rents from leased listings

Data through July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Median asking rent
$2,600
Effective rent
$2,600
Vs. Chicago median
+4%
Avg days to lease
21
Active rentals now
38

Median asking rent over time

$2.3k$2.7k$3.1k$3.5kAug ’24Apr ’25Jul ’25Oct ’25Jun ’26
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 July 2026 · Last updated August 7, 2026 · Next release: early September 2026

Mount Prospect renting, answered

What is the average rent in Mount Prospect?
As of June 2026, the median asking rent in Mount Prospect is $2,600 per month, based on 15 leased listings.
Is Mount Prospect more expensive than Chicago overall?
Mount Prospect's median asking rent is 4% above the Chicago citywide median of $2,500.
How quickly do rentals lease in Mount Prospect?
Over the last 90 days, rentals in Mount Prospect leased in an average of 21 days, with 38 active listings on the market right now.

Thinking about Mount Prospect?

A dedicated Abode agent who knows the block-by-block market — free for renters.