Mount Prospect, IL Rent History
67 months of data, 2021–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-07)
$1,756
1-year change
-0.9%
$-16/mo
5-year change
+39.7%
$499/mo
Monthly rent trend
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Year-by-year rent in Mount Prospect
| Year | Median rent | YoY change | vs 2021 |
|---|---|---|---|
| 2021 | $1,252/mo | — | 0.0% |
| 2022 | $1,342/mo | +7.2% | +7.2% |
| 2023 | $1,532/mo | +14.2% | +22.4% |
| 2024 | $1,565/mo | +2.2% | +25.0% |
| 2025 | $1,772/mo | +13.2% | +41.5% |
| 2026 | $1,693/mo | -4.5% | +35.2% |
Frequently asked questions
How much has rent in Mount Prospect changed since 2021?
Median rent in Mount Prospect, IL was $1,199 in 2021-01 and is $1,756 as of 2026-07 — a change of $557 per month over 5 years.
How much has Mount Prospect rent increased in the last 5 years?
Over the past 5 years, median rent in Mount Prospect, IL has changed +39.7% ($499 per month). The current median is $1,756.
Is rent in Mount Prospect going up or down year over year?
Year over year, median rent in Mount Prospect, IL has decreased -0.9% ($-16/mo). Current median: $1,756.