3-Bedroom Apartment Rent in Mount Prospect, IL
Median asking rent for a 3-bedroom apartment in Mount Prospect, Illinois as of July 2026. That's +40% higher than the citywide median of $1,718 and +13% above the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in Illinois
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Rantoul | $988 |
| 2 | Pekin | $1,190 |
| 3 | Dixon | $1,210 |
| 4 | Macomb | $1,220 |
| 5 | Charleston | $1,230 |
| 6 | Danville | $1,230 |
| 7 | Quincy | $1,230 |
| 8 | Swansea | $1,243 |
| 9 | Rock Island | $1,290 |
| 10 | Decatur | $1,310 |
| 11 | Savoy | $1,310 |
| 12 | Carbondale | $1,320 |
| 13 | Moline | $1,320 |
| 14 | Peoria | $1,340 |
| 15 | Urbana | $1,355 |
Most expensive cities for a 3-bedroom in Illinois
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $3,390 |
| 2 | Lake Forest | $3,390 |
| 3 | Deerfield | $3,390 |
| 4 | Barrington | $3,390 |
| 5 | Wilmette | $3,250 |
| 6 | Buffalo Grove | $3,250 |
| 7 | Highland Park | $3,200 |
| 8 | Plainfield | $3,165 |
| 9 | Naperville | $3,068 |
| 10 | Vernon Hills | $3,060 |
| 11 | Streamwood | $3,060 |
| 12 | Northbrook | $3,040 |
| 13 | Bartlett | $3,010 |
| 14 | Bolingbrook | $2,985 |
| 15 | Romeoville | $2,970 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 3-bedroom rents than Mount Prospect.
| City | Distance | 3-Bedroom rent | vs Mount Prospect |
|---|---|---|---|
| Arlington Heights, IL | 3.6 mi | $2,615 | +$215 (+9%) |
| Wheeling, IL | 4.4 mi | $2,440 | +$40 (+2%) |
| Des Plaines, IL | 4.6 mi | $2,125 | $-275 (-11%) |
| Rolling Meadows, IL | 5.6 mi | $2,500 | +$100 (+4%) |
| Elk Grove Village, IL | 5.9 mi | $2,520 | +$120 (+5%) |
| Buffalo Grove, IL | 7.2 mi | $3,250 | +$850 (+35%) |
| Northbrook, IL | 7.4 mi | $3,040 | +$640 (+27%) |
| Glenview, IL | 7.9 mi | $2,670 | +$270 (+11%) |
| Deerfield, IL | 8.3 mi | $3,390 | +$990 (+41%) |
| Palatine, IL | 8.4 mi | $2,410 | +$10 (0%) |
| Schaumburg, IL | 10.1 mi | $2,820 | +$420 (+18%) |
| Morton Grove, IL | 10.2 mi | $3,390 | +$990 (+41%) |
3-Bedroom rent in Mount Prospect — common questions
How much is a 3-bedroom apartment in Mount Prospect?
As of July 2026, the median 3-bedroom apartment rent in Mount Prospect, Illinois is $2,400 per month. This is +40% higher than the citywide median of $1,718.
What income do you need to afford a 3-bedroom in Mount Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $96,000 ($8,000/month gross), which works out to roughly $46.15/hour at a full-time job.
Is Mount Prospect expensive for a 3-bedroom compared to the rest of the US?
Mount Prospect's 3-bedroom median of $2,400 is +13% above the national 3-bedroom median of $2,130. It ranks in the 62th percentile of US cities tracked.
How does Mount Prospect rank for 3-bedroom rent in Illinois?
Among the 142 cities in Illinois with 3-bedroom data, Mount Prospect ranks #81 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Mount Prospect?
Yes — nearby cities with cheaper 3-bedroom rents include Des Plaines ($2,125).