Mount Prospect Apartments and Rentals

Just outside Chicago, Mount Prospect is a thriving community that boasts a diverse population. The suburb is a historic community that manages to retain its quaint atmosphere while offering businesses and residents a strong village that is focused on positive growth and providing lots of amenities.

Redevelopment in the downtown area makes Mount Prospect apartments for rent in this part of town very desirable.

The first people to inhabit the land that is now Mount Prospect were Native Americans. In the early 1800s, American settlements came to the area and began to establish farms. When a train station was built in 1850, more settlers came to start businesses along the rail line. The increasing population led to Mount Prospect's incorporation in 1917. After World War II, a large spike in population was followed by the village increasing the community services it offered residents.

The 1960s brought a wave of new development to Mount Prospect. Companies took advantage of a newly constructed mall and business center and headed to the thriving village. This growth continued through the 1990s, when the downtown neighborhood was redeveloped.

Modern Mount Prospect is home to 54,403 residents, according to July 2011 data from the U.S. Census Bureau. Its size gives it the atmosphere of a small town while still having a large enough population to give it the feel of a bustling city.

Mount Prospect is the home of one of ITT Technical Institute's numerous campuses across the Chicagoland area. Students who choose to attend the school can enroll in a variety of programs. Pupils looking for a community college can apply to Oakton Community College in nearby Des Plaines. A short commute and many academic options make this a great choice for many Mount Prospect residents.

Because Mount Prospect strives to be business-friendly, a variety of large companies employ many residents. The largest employers include Caremark Rx, Bosch Tools, MetLife, and Cummins-Allison Corp. Other significant employers are Wal-Mart, the Village of Mount Prospect, Rauland Borg and two local school districts.

Rents for apartments in Mount Prospect tend to range from $800 to $1,249 per month, according to data gathered by the U.S. Census Bureau. The same source estimated the median gross monthly rent as being $939 in 2009.

Some residents may find that Mount Prospect's business district and proximity to downtown Chicago make the cost of living in the village worthwhile. The town can function as an ideal point for Chicago commuters who work in the city but prefer a quiet life in the nearby suburbs.

Mount Prospect boasts plenty of events for residents to enjoy. The Fall Festival and Oktoberfest are a great way for residents to get out and enjoy the crisp autumn weather with family and neighbors. The Midsummer Downtown Party is another great way for Mount Prospect citizens to spend time with the community while enjoying entertainment, food and warm summer nights. The Lions Club Farmers Market provides an opportunity for everyone to check out vendors selling fresh produce, flowers and other unique goods conveniently located near the train station..

Some residents enjoy simply strolling in the revived downtown neighborhood. Lots of retail shops and restaurants line the area, and community events and meetings often take place in the area. The train station is close by, so catching a train to Chicago is also a potential way to spend the day.

If you are looking for an apartment for rent or a house rental in Mount Prospect, Ill., search for rental properties at Rent.com®.