4+ Bedroom Apartment Rent in Mount Prospect, IL
Median asking rent for a 4+ bedroom apartment in Mount Prospect, Illinois as of August 2026. That's +61% higher than the citywide median of $1,756 and +12% above the national 4+ bedroom median of $2,522.
Income needed for a 4+ 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 4+ 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 4+ bedroom in Illinois
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Carbondale | $935 |
| 2 | Pekin | $1,250 |
| 3 | Quincy | $1,290 |
| 4 | Dixon | $1,300 |
| 5 | Rantoul | $1,300 |
| 6 | Charleston | $1,320 |
| 7 | Peoria Heights | $1,330 |
| 8 | Savoy | $1,340 |
| 9 | Danville | $1,360 |
| 10 | Urbana | $1,380 |
| 11 | Normal | $1,390 |
| 12 | Peoria | $1,407 |
| 13 | Bloomington | $1,450 |
| 14 | Macomb | $1,450 |
| 15 | Kankakee | $1,510 |
Most expensive cities for a 4+ bedroom in Illinois
| # | City | 4+ Bedroom rent |
|---|---|---|
| 1 | Morton Grove | $3,980 |
| 2 | Deerfield | $3,980 |
| 3 | Barrington | $3,980 |
| 4 | Wilmette | $3,820 |
| 5 | Buffalo Grove | $3,820 |
| 6 | Highland Park | $3,760 |
| 7 | Plainfield | $3,685 |
| 8 | Naperville | $3,600 |
| 9 | Vernon Hills | $3,590 |
| 10 | Streamwood | $3,590 |
| 11 | Northbrook | $3,580 |
| 12 | Bartlett | $3,530 |
| 13 | Bolingbrook | $3,505 |
| 14 | Romeoville | $3,490 |
| 15 | Elmhurst | $3,490 |
Nearby cities — 4+ bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 4+ bedroom rents than Mount Prospect.
| City | Distance | 4+ Bedroom rent | vs Mount Prospect |
|---|---|---|---|
| Arlington Heights, IL | 3.6 mi | $3,070 | +$250 (+9%) |
| Wheeling, IL | 4.4 mi | $2,870 | +$50 (+2%) |
| Des Plaines, IL | 4.6 mi | $2,500 | $-320 (-11%) |
| Rolling Meadows, IL | 5.6 mi | $2,940 | +$120 (+4%) |
| Elk Grove Village, IL | 5.9 mi | $2,960 | +$140 (+5%) |
| Buffalo Grove, IL | 7.2 mi | $3,820 | +$1,000 (+35%) |
| Northbrook, IL | 7.4 mi | $3,580 | +$760 (+27%) |
| Glenview, IL | 7.9 mi | $3,140 | +$320 (+11%) |
| Deerfield, IL | 8.3 mi | $3,980 | +$1,160 (+41%) |
| Palatine, IL | 8.4 mi | $2,830 | +$10 (0%) |
| Schaumburg, IL | 10.1 mi | $3,313 | +$493 (+17%) |
| Morton Grove, IL | 10.2 mi | $3,980 | +$1,160 (+41%) |
4+ Bedroom rent in Mount Prospect — common questions
How much is a 4+ bedroom apartment in Mount Prospect?
As of August 2026, the median 4+ bedroom apartment rent in Mount Prospect, Illinois is $2,820 per month. This is +61% higher than the citywide median of $1,756.
What income do you need to afford a 4+ bedroom in Mount Prospect?
Using the standard 30% rent-to-income rule, you would need an annual income of about $112,800 ($9,400/month gross), which works out to roughly $54.23/hour at a full-time job.
Is Mount Prospect expensive for a 4+ bedroom compared to the rest of the US?
Mount Prospect's 4+ bedroom median of $2,820 is +12% above the national 4+ bedroom median of $2,522. It ranks in the 62th percentile of US cities tracked.
How does Mount Prospect rank for 4+ bedroom rent in Illinois?
Among the 139 cities in Illinois with 4+ bedroom data, Mount Prospect ranks #83 from cheapest to most expensive.
Are there cheaper 4+ bedroom options near Mount Prospect?
Yes — nearby cities with cheaper 4+ bedroom rents include Des Plaines ($2,500).