5

Mount Prospect, IL Houses for Rent

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  • /2

    $3,189 Per Month

    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    1421 S Redwood Dr, Mount Prospect, IL 60056

    Coming soon - this home is currently being enjoyed by another resident but will be available soon. Pre-lease this home now with Tricon Pre-Lease Guarantee. This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 2.0 bathrooms, and approximately 1,200 square feet, this well-maintained home offers a high standard of rental living,

    (224) 864-9560

    1421 S Redwood Dr, Mount Prospect, IL 60056
  • /26

    $2,650 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • House for Rent

    16 N Kenilworth Ave, Mount Prospect, IL 60056

    Beautiful updated home with park view, move-in ready, great location. Newer floors, newer updated kitchen with hi-end features, updated bathroom, newer appliances. Very nice decent size back yard with great view, big driveway. Great schools.

    Lora Zlotnik American Real Estate Services

    16 N Kenilworth Ave, Mount Prospect, IL 60056
  • /13

    $3,150 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,574 Sq Ft
    • Gorgeous 3 Bedroom Home in Mount Prospect!

    304 W Golf Rd, Mount Prospect, IL 60056

    Gorgeous Home located in the Country Club Terrace subdivision in Mount Prospect ready for Move In! This home offers 3 spacious bedrooms, 2.5 bathrooms on the main floor and a large, finished basement with a bathroom! The 2-car garage is oversized. Enjoy the extra space with the adjacent room between the kitchen and garage. This space can be utilized as entertainment or office! Gorgeous wooden

    304 W Golf Rd, Mount Prospect, IL 60056
  • /2

    $4,000 Per Month

    • 4 Beds
    • 2.5 Baths
    • House for Rent

    1802 W Willow Ln, Mount Prospect, IL 60056

    Nice 4 Bed Room with Sun Room, Fantastic location near shopping, expressways, and Mt Prospect's well known recreation center. Add great schools to the mix and you've found a winner.

    Sunil Gupta 21st Century Realty INC

    1802 W Willow Ln, Mount Prospect, IL 60056
  • /14

    $3,150 Per Month

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft
    • House for Rent

    413 N Forest Ave, Mount Prospect, IL 60056

    This charming 3-bedroom, 1-bathroom ranch in Mount Prospect is available for rent and ready for you to call home! Step inside to a spacious, sun-drenched living room that flows seamlessly into an open-concept kitchen equipped with stainless steel appliances. The home boasts three generously sized bedrooms and a stylish bathroom. Relax and entertain in the private, fenced backyard. With its prime

    Meha Parikh PMI Chi-Town

    413 N Forest Ave, Mount Prospect, IL 60056

Frequently Asked Questions

How much does it cost to rent a single-family home in Mount Prospect, IL?
The median rent for a single-family home in Mount Prospect, IL is $3,200 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Mount Prospect, IL?
To comfortably afford the median rent in Mount Prospect, IL, a household needs to earn roughly $110,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,750 per month in Mount Prospect, IL, renters typically need to show $8,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Mount Prospect, IL?
In Mount Prospect, IL, the price-to-rent ratio is 13.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Mount Prospect, IL

Rental Home Trends

Number of Houses for Rent
5
Median Single Family Home Rent
$3,200
Median 3 Bedroom Single Family Home Rent
$3,200
Median 4 Bedroom Single Family Home Rent
$3,500
How to Rent a Home