1-Bedroom Apartment Rent in Mount Prospect, IL
Median asking rent for a 1-bedroom apartment in Mount Prospect, Illinois as of July 2026. That's +3% lower than the citywide median of $1,718 and +19% above the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Mount Prospect
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Mount Prospect
Compare Mount Prospect's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Illinois
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Rantoul | $646 |
| 2 | Round Lake Beach | $650 |
| 3 | Charleston | $720 |
| 4 | Pekin | $720 |
| 5 | Quincy | $730 |
| 6 | Macomb | $740 |
| 7 | Danville | $770 |
| 8 | Dixon | $770 |
| 9 | Marion | $780 |
| 10 | Normal | $790 |
| 11 | Carbondale | $800 |
| 12 | Decatur | $800 |
| 13 | Rock Island | $800 |
| 14 | Peoria | $813 |
| 15 | Moline | $820 |
Most expensive cities for a 1-bedroom in Illinois
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $2,340 |
| 2 | Lake Forest | $2,340 |
| 3 | Deerfield | $2,340 |
| 4 | Barrington | $2,340 |
| 5 | Wilmette | $2,240 |
| 6 | Buffalo Grove | $2,240 |
| 7 | Highland Park | $2,210 |
| 8 | Plainfield | $2,155 |
| 9 | Naperville | $2,113 |
| 10 | Vernon Hills | $2,110 |
| 11 | Streamwood | $2,110 |
| 12 | Northbrook | $2,100 |
| 13 | Bartlett | $2,070 |
| 14 | Bolingbrook | $2,060 |
| 15 | Romeoville | $2,050 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 1-bedroom rents than Mount Prospect.
| City | Distance | 1-Bedroom rent | vs Mount Prospect |
|---|---|---|---|
| Arlington Heights, IL | 3.6 mi | $1,800 | +$140 (+8%) |
| Wheeling, IL | 4.4 mi | $1,680 | +$20 (+1%) |
| Des Plaines, IL | 4.6 mi | $1,465 | $-195 (-12%) |
| Rolling Meadows, IL | 5.6 mi | $1,730 | +$70 (+4%) |
| Elk Grove Village, IL | 5.9 mi | $1,740 | +$80 (+5%) |
| Buffalo Grove, IL | 7.2 mi | $2,240 | +$580 (+35%) |
| Northbrook, IL | 7.4 mi | $2,100 | +$440 (+27%) |
| Glenview, IL | 7.9 mi | $1,840 | +$180 (+11%) |
| Deerfield, IL | 8.3 mi | $2,340 | +$680 (+41%) |
| Palatine, IL | 8.4 mi | $1,660 | — |
| Schaumburg, IL | 10.1 mi | $1,947 | +$287 (+17%) |
| Morton Grove, IL | 10.2 mi | $2,340 | +$680 (+41%) |
1-Bedroom rent in Mount Prospect — common questions
How much is a 1-bedroom apartment in Mount Prospect?
As of July 2026, the median 1-bedroom apartment rent in Mount Prospect, Illinois is $1,660 per month. This is +3% below the citywide median of $1,718.
What income do you need to afford a 1-bedroom in Mount Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $66,400 ($5,533/month gross), which works out to roughly $31.92/hour at a full-time job.
Is Mount Prospect expensive for a 1-bedroom compared to the rest of the US?
Mount Prospect's 1-bedroom median of $1,660 is +19% above the national 1-bedroom median of $1,395. It ranks in the 67th percentile of US cities tracked.
How does Mount Prospect rank for 1-bedroom rent in Illinois?
Among the 141 cities in Illinois with 1-bedroom data, Mount Prospect ranks #82 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Mount Prospect?
Yes — nearby cities with cheaper 1-bedroom rents include Des Plaines ($1,465).