Mount Prospect, IL Rent History
69 months of data, 2021–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).
Today (2026-09)
$1,835
1-year change
+1.5%
$28/mo
5-year change
+33.5%
$460/mo
Monthly rent trend
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Year-by-year rent in Mount Prospect
| Year | Median rent | YoY change | vs 2021 |
|---|---|---|---|
| 2021 | $1,336/mo | — | 0.0% |
| 2022 | $1,433/mo | +7.3% | +7.3% |
| 2023 | $1,632/mo | +13.9% | +22.2% |
| 2024 | $1,670/mo | +2.3% | +25.0% |
| 2025 | $1,811/mo | +8.4% | +35.6% |
| 2026 | $1,808/mo | -0.2% | +35.3% |
Frequently asked questions
How much has rent in Mount Prospect changed since 2021?
Median rent in Mount Prospect, IL was $1,279 in 2021-01 and is $1,835 as of 2026-09 — a change of $556 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 +33.5% ($460 per month). The current median is $1,835.
Is rent in Mount Prospect going up or down year over year?
Year over year, median rent in Mount Prospect, IL has increased +1.5% ($28/mo). Current median: $1,835.