2-Bedroom Apartment Rent in Mount Prospect, IL
Median asking rent for a 2-bedroom apartment in Mount Prospect, Illinois as of August 2026. That's +6% higher than the citywide median of $1,756 and +13% above the national 2-bedroom median of $1,655.
Income needed for a 2-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 2-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 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Carbondale | $670 |
| 2 | Dixon | $870 |
| 3 | Pekin | $920 |
| 4 | Charleston | $930 |
| 5 | Quincy | $950 |
| 6 | Macomb | $960 |
| 7 | Peoria Heights | $980 |
| 8 | Rantoul | $980 |
| 9 | Rock Island | $990 |
| 10 | Decatur | $995 |
| 11 | Danville | $1,010 |
| 12 | Moline | $1,010 |
| 13 | Normal | $1,010 |
| 14 | Savoy | $1,010 |
| 15 | Pontoon Beach | $1,014 |
Most expensive cities for a 2-bedroom in Illinois
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $2,640 |
| 2 | Deerfield | $2,640 |
| 3 | Barrington | $2,640 |
| 4 | Wilmette | $2,530 |
| 5 | Buffalo Grove | $2,530 |
| 6 | Highland Park | $2,490 |
| 7 | Plainfield | $2,455 |
| 8 | Naperville | $2,388 |
| 9 | Vernon Hills | $2,380 |
| 10 | Streamwood | $2,380 |
| 11 | Northbrook | $2,370 |
| 12 | Bartlett | $2,340 |
| 13 | Bolingbrook | $2,325 |
| 14 | Romeoville | $2,310 |
| 15 | Elmhurst | $2,310 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 2-bedroom rents than Mount Prospect.
| City | Distance | 2-Bedroom rent | vs Mount Prospect |
|---|---|---|---|
| Arlington Heights, IL | 3.6 mi | $2,035 | +$165 (+9%) |
| Wheeling, IL | 4.4 mi | $1,900 | +$30 (+2%) |
| Des Plaines, IL | 4.6 mi | $1,655 | $-215 (-11%) |
| Rolling Meadows, IL | 5.6 mi | $1,950 | +$80 (+4%) |
| Elk Grove Village, IL | 5.9 mi | $1,960 | +$90 (+5%) |
| Buffalo Grove, IL | 7.2 mi | $2,530 | +$660 (+35%) |
| Northbrook, IL | 7.4 mi | $2,370 | +$500 (+27%) |
| Glenview, IL | 7.9 mi | $2,080 | +$210 (+11%) |
| Deerfield, IL | 8.3 mi | $2,640 | +$770 (+41%) |
| Palatine, IL | 8.4 mi | $1,875 | +$5 (0%) |
| Schaumburg, IL | 10.1 mi | $2,197 | +$327 (+17%) |
| Morton Grove, IL | 10.2 mi | $2,640 | +$770 (+41%) |
2-Bedroom rent in Mount Prospect — common questions
How much is a 2-bedroom apartment in Mount Prospect?
As of August 2026, the median 2-bedroom apartment rent in Mount Prospect, Illinois is $1,870 per month. This is +6% higher than the citywide median of $1,756.
What income do you need to afford a 2-bedroom in Mount Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $74,800 ($6,233/month gross), which works out to roughly $35.96/hour at a full-time job.
Is Mount Prospect expensive for a 2-bedroom compared to the rest of the US?
Mount Prospect's 2-bedroom median of $1,870 is +13% above the national 2-bedroom median of $1,655. It ranks in the 62th percentile of US cities tracked.
How does Mount Prospect rank for 2-bedroom rent in Illinois?
Among the 142 cities in Illinois with 2-bedroom data, Mount Prospect ranks #86 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Mount Prospect?
Yes — nearby cities with cheaper 2-bedroom rents include Des Plaines ($1,655).