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Mount Prospect Rent Trends

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

Data through September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Median asking rent
$2,525
Effective rent
$2,525
Vs. Chicago median
+1%
Avg days to lease
19
Active rentals now
29

Median asking rent over time

$2.3k$2.6k$3.1k$3.5kFeb ’25May ’25Sep ’25Dec ’25Mar ’26Jun ’26Sep ’26
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 September 2026 · Last updated October 7, 2026 · Next release: early November 2026

Mount Prospect renting, answered

What is the average rent in Mount Prospect?
As of September 2026, the median asking rent in Mount Prospect is $2,525 per month, based on 7 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 1% above the Chicago citywide median of $2,505.
How quickly do rentals lease in Mount Prospect?
Over the last 90 days, rentals in Mount Prospect leased in an average of 19 days, with 29 active listings on the market right now.

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