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Mount Prospect Apartments For Rent

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Mount Prospect Apartment Options

Avg. RentAnnual Change
Studio - $1,750-
1 Bed - $1,175+16%
2 Beds - $1,485-1%
3 Beds - $1,845+5%
Last updated 12/1/2022

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Overview of Mount Prospect

Mount Prospect, IL, praised by both Businessweek and CNNMoney magazine as one of the best places to live and raise kids, is quickly becoming a destination spot for apartment renters. With the village's high quality of life, easy access to Chicago, beautiful tree-lined streets and charming neighborhoods, it's easy to see why people are flocking here. Add the facts that the area has an affordable cost of living, highly acclaimed schools and a growing business sector to boot, and you have to wonder why you didn't move here ages ago.

Living in Mount Prospect

In 1917, the town of Mount Prospect was incorporated with a population of 300. At the time, the town was primarily known as a farming community, but shortly thereafter people began building stores and houses downtown, shaping the community in a way that is reminiscent to how it stands today.

Presently, the community is home to over 54,000 residents, and the vibrant economy and variety of recreational activities cater to a wide range of interests.

Outdoor enthusiasts renting apartments here will quickly grow acquainted with the Mount Prospect Park District, which boasts 26 parks and recreational facilities.

Mt. Prospect values community camaraderie, and if you are living here you will enjoy the festive events throughout the year, including the Irish Fest, Fridays on the Green, the Fourth of July fireworks, the Midsummer Downtown Party, Fall Festival/Oktoberfest, and the Christmas Tree Lighting, among other celebrations.

In terms of public transportation, the Metra Commuter Rail Union Pacific Northwest Line has a station in downtown Mount Prospect and the Wisconsin North Central Line serves the northeast side of town.

Apartments in Mount Prospect-Study

For people living in Mount Prospect apartments looking at educational institutions, there are plenty of opportunities to choose from that are conveniently located, including the University of Illinois at Chicago, the College of DuPage, Northwestern University and the College of Lake County, among others.

Apartments in Mount Propsect-Work

The primary job sectors in Mt. Prospect, IL include healthcare, engineering, and financial services, with top employers including Caremark Rx, Bosch Tools, MetLife, and Cummins-Allison, among others.

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