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cheap apartments
Last updated December 8 2022 at 11:32 PM

218 Cheap Apartments for rent in Mount Prospect, IL

Finding cheap apartments in Mount Prospect takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statem... Read Guide >
The Eclipse at 1450 Photo Gallery 1
1 of 28
Verified
3 Units Available
1 Bedroom
$1,338
705 sqft
2 Bedrooms
$1,446
904 sqft
At Eclipse at 1450 in Mt Prospect, IL, we know what it means to have a full slate of amenities. Each of our residents has full access to all of our great community amenities and in-home features. Highlights include our new resort-style swimming pool with accompanying pool deck, BBQ grill area, and sand volleyball court. You can get the whole crew together to cool off, get some sun, throw a picnic, and strike up a friendly volleyball match. Our grounds have been manicured to make an inviting environment perfect for any lifestyle. We have a large playground for the little ones, and a bark park for your pets to stretch their legs and run. For your convenience, we also have onsite maintenance and an available online payment portal. Stop by today to take a tour of our community and see the amenities in person.
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The Element Photo Gallery 1
1 of 68
Verified
13 Units Available
1 Bedroom
$1,194
650 sqft
2 Bedrooms
$1,351
850 sqft
3 Bedrooms
$2,333
1500 sqft
Newly renovated, pet-friendly apartments feature large walk-in closets, plank flooring, and balcony. Property amenities include swimming pool, yoga studio, and a renovated 24 hour-fitness center. Located near I-290 and I-90 and the Allstate Arena.
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Orion Prospect Photo Gallery 1
1 of 31
1 Bedroom
$1,224
645 sqft
2 Bedrooms
$2,039
870 sqft
3 Bedrooms
$2,256
1067 sqft
Residents of this community have access to a variety of shopping and dining options along West Oakton Street and Elmhurst Road. Stay in shape at the volleyball court, pool or gym. Units are recently renovated.
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Forest Cove Apartments Photo Gallery 1
1 of 17
1 Bedroom
$1,297
686 sqft
2 Bedrooms
$1,441
836 sqft
Secluded and quiet community surrounded by nature. Features a fitness room, clubhouse and pool. Units have plush carpeting, walk-in closets, wood flooring and brand-new appliances.
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501 E Prospect Ave. Unit 1C Photo Gallery 1
1 of 10
1 Bedroom
$1,295
501 E Prospect Ave. Unit 1C Available 01/02/23 Mount Prospect 1 Bedroom Condo Coming Soon! - Coming Soon! Located in the heart of Mount Prospect is this beautiful and very spacious 1 Bedroom / 1 Bath Condo! This home boasts hardwood floors, lots of light, an updated kitchen and bathroom and so much more! The master bedroom has a large walk-in closet and there is assigned parking. Coin laundry available as well! This home is within walking distance to Metra and so much more! Come take a look! This home is currently occupied so we need advanced notice for all showings! PLEASE BE SURE YOU MEET REQUIREMENTS: NO EXCEPTIONS: Applicant MINIMUM Requirements (meeting these requirements does not guarantee a lease): 650+ minimum credit score, Debt to income maximum 45%, Collections on a case-by-case basis, Household monthly income at least 2.5x monthly rent - ALL ADULTS MUST APPLY regardless of employment status/Must have SS#/No Exceptions. YOUR BROKER INFORMATION MUST BE ADDED TO THE BROKER SECTION OF THE APPLICATION WITH EMAIL ADDRESS. MUST APPLY VIA OUR WEBSITE ONLY - NO OTHER APPLICATION FORMAT WILL BE ACCEPTED: www.duranterich.com GO TO LEFT SIDE AND GO TO FOR RENT - THEN SCROLL TO PROPERTY - CLICK ON APPLY NOW No Cats Allowed (RLNE6149249)
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Results within 1 mile of Mount Prospect
Arlington Heights Photo Gallery 1
1 of 34
1 Bedroom
$1,359
635 sqft
2 Bedrooms
$1,635
864 sqft
3 Bedrooms
Ask
Beautiful landscaping near Roosevelt University. Open floor plans. Volleyball court, playground, beautiful pool, and business center on-site. Updated amenities include hardwood floors, stainless steel appliances and lots of space. Pet-friendly.
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Briarwood Terrace Photo Gallery 1
1 of 15
1 Bedroom
$1,246
590 sqft
2 Bedrooms
$1,546
1094 sqft
3 Bedrooms
Ask
Briarwood Terrace will provide you with an escape from it all, yet a location that's convenient to everything! Briarwood Terrace Apartments offers upgraded 1, 2, and 3 bedroom apartment homes in Prospect Heights, IL, a Cook County town located next to Wheeling, Arlington Heights, Palatine, Mt. Prospect, Glenview and Northbrook. Briarwood Terrace Apartments also has apartment homes with dishwashers, large floorplans, great closet space, gas-burning stoves, and sound-resistant concrete buildings. We have an outdoor swimming pool, fitness center, tennis courts, and a basketball court, along with 24-hour on-call maintenance and professional management. Our property is professionally landscaped and you will enjoy the clean, well maintainted atmosphere of our apartment community on a daily basis.
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780 Waikiki dr 1 Photo Gallery 1
1 of 4
1 Bedroom
$1,350
2 Bedrooms
Ask
1 bedroom 1 bathroom - Property Id: 1050843 Available December 1st or a couple days sooner.. This unit is currently finishing up its remodel and will be done this weekend which is viewable as is. New/upgraded kitchen with quartz, slow close cabinets with extra drink washer Stainless steel appliances Completely repainted throughout Bedroom/living room has new LVP New baseboards, doors Passcode entry Tamper resistant outlets throughout Rent to income requirement 2.5x No evictions No smoking No pets heat, gas, water, garbage included. 1 parking space and street parking available. Apply at TurboTenant: http://rental.turbotenant.com/p/780-waikiki-dr-des-plaines-il-unit-1/1050843 Property Id 1050843 No Pets Allowed (RLNE7812097)
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Results within 5 miles of Mount Prospect
Glen Oaks Commons Photo Gallery 1
1 of 16
1 Bedroom
$1,305
750 sqft
2 Bedrooms
$1,600
1150 sqft
WELCOME TO GLEN OAKS APARTMENTS. We don't just rent apartments. From the moment you walk through the front door you'll feel the comfort and security that makes our residents happy to call us home. Cutting edge amenities, meticulously-groomed grounds, and a dedicated staff contributes to a higher standard of living. Convenient shopping, award-winning schools, local museums and parks are all close at hand, with sponsored activities to develop new hobbies while getting to know your neighbors.
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Mandalane Photo Gallery 1
1 of 14
1 Bedroom
$1,350
684 sqft
2 Bedrooms
$1,600
908 sqft
Discover what makes Mandalane Apartments an ideal place to call home. Located in the desirable Buffalo Grove School District in Wheeling, IL, our classic and renovated one and two bedroom apartments were designed for easy, modern living. Each home boasts a private patio or balcony, large closets, and beautiful wood-style flooring. Beyond your door, you’ll discover vibrant community amenities including a pool, fitness center, and a newly remodeled playground. The life you desire is waiting for you at Mandalane Apartments.
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Willow Crossing Photo Gallery 1
1 of 28
1 Bedroom
$1,332
700 sqft
2 Bedrooms
$1,653
1000 sqft
3 Bedrooms
$2,096
1200 sqft
Great location for commuters, close to I-290. Units feature air conditioning, hardwood floors and stainless steel appliances. Community includes parking, pool, volleyball court, courtyard and elevator.
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Fieldpointe of Schaumburg Photo Gallery 1
1 of 37
Studio
$1,347
528 sqft
1 Bedroom
Ask
2 Bedrooms
Ask
Gorgeous community with resort-style pool, business center, gym and open courtyard. Recently renovated apartments feature granite counters, hardwood floors and washer/dryer in unit. Easy access to downtown Chicago and O'Hare Airport.
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Cypress Place Photo Gallery 1
1 of 24
Verified
4 Units Available
1 Bedroom
$1,333
636 sqft
2 Bedrooms
$1,889
958 sqft
Luxurious ceramic tile bathroom, walk-in closets and patio/balcony. Fully-equipped kitchens with plenty of storage space. Courtyard, on-site laundry, gym, 24-hour maintenance and pets are welcome.
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Terraces of Elk Grove Photo Gallery 1
1 of 20
1 Bedroom
$1,269
600 sqft
2 Bedrooms
$1,586
1100 sqft
Welcome to Elk Grove Village Discover the luxury, experience the convenience, and enjoy the location. Conveniently located near Busse Woods and other beautiful parks and trails, Elk Grove Village Apartments is your place to call Home! At Elk Grove Village you will discover an apartment you’ll be proud to call home. We offer spacious 1 and 2-bedroom apartments designed with you in mind. Our staff is here to deliver excellent service to our residents and you; come join us at Elk Grove Village and make our community your home!
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VIP Photo Gallery 1
1 of 7
1 Bedroom
$1,200
2 Bedrooms
Ask
1327 E Prairie Ave Photo Gallery 1
1 of 5
1 Bedroom
$1,289
1 Bedroom/1 Bath apartment home available - Only 1 block to Metra train station! Contact us to see why this is the perfect place for you to call home! Professionally managed building situated in an unbeatable downtown Des Plaines location. Apartment homes feature generous kitchens with modern stainless steel appliances, granite countertops, crown molding, expansive closet space and much more! Included in rent: Heat, Gas, Water, and 24-hour Emergency Maintenance. No pets. Mere walking distance to restaurants and shopping. Metra Express train takes only 28 minutes to arrive in Downtown Chicago. Just a short drive from 294, I 90 expressways, O'hare International Airport, and Rivers Casino. Call today to speak with one of our leasing professionals for more information. No Pets Allowed (RLNE1487660)
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Results within 10 miles of Mount Prospect
The Glen View Photo Gallery 1
1 of 21
Verified
4 Units Available
Studio
$1,275
500 sqft
1 Bedroom
$1,674
656 sqft
2 Bedrooms
Ask
Love where you live, and come home to The Glen View . We offer newly renovated apartments in your choice of both high rise and low rise living. Our spacious floor plans feature high-end white marble tile floors, new stainless steel appliances, pedestal sinks, and quartz countertops alongside upscale cabinetry with a rich espresso finish. Enjoy all of our amenities including those offered by our advanced laundry facilities and on-site social room, 24 hour fitness center and indoor heated pool.
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Mont Clare Photo Gallery 1
1 of 14
Verified
14 Units Available
Studio
$991
351 sqft
1 Bedroom
$1,290
682 sqft
2 Bedrooms
Ask
Located just a stone’s throw from downtown Chicago, Mont Clare is an apartment community that keeps you near the action while still enabling you to enjoy the space and serenity of the suburbs. Discover sleek interiors, modern amenities and sweeping views of the city skyline every time you come home. Your next adventure is waiting for you here in the heart of Harwood Heights.
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The Pavilion Photo Gallery 1
1 of 36
Studio
$1,110
502 sqft
1 Bedroom
$1,280
644 sqft
2 Bedrooms
$1,770
916 sqft
The Cumberland "L" station and Triangle Plaza are only minutes from this property. Community amenities include a sauna, tennis court, hot tub and pool. Apartments are furnished and feature a range of appliances.
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Park Butterfield Apartment Homes Photo Gallery 1
1 of 12
Studio
$1,256
520 sqft
1 Bedroom
$1,369
750 sqft
2 Bedrooms
$1,176
1088 sqft
Just five minutes from Routes 60, 45, and 21, near I-94. On-site business center, fitness center, and kids play area. Flexible lease terms. Pet-friendly community. Updated interiors with GE appliances and wood flooring.
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Elmhurst Terrace Photo Gallery 1
1 of 26
Studio
$1,006
370 sqft
1 Bedroom
$1,257
650 sqft
2 Bedrooms
$1,537
800 sqft
Welcome to Elmhurst Terrace Apartments in Elmhurst, Illinois. Our urban community is perfect for millennials looking to soak up the best of the Chicago metropolitan area. Here, you'll discover spacious, newly renovated studio, one and two-bedroom floor plans filled to the brim with must-have features, including fully-equipped kitchens, hardwood flooring, large closets, and extra storage space. Residents can also take advantage of short-term lease options, on-site laundry facilities,a fitness center, BBQ and picnic area, and much more. Lead a life well-lived at Elmhurst Terrace Apartments!
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57 E Hattendorf Avenue Photo Gallery 1
1 of 16
Studio
$1,300
604 sqft
2 Bedrooms
Ask
Nicely appointed unit in wonderful location. * ELEVATOR BUILDING IN THE HEART OF ROSELLE * ONLY BLOCKS FROM METRA TRAIN* ALL UTILITIES INCLUDED (HEAT * WATER * ELECTRICITY * TRASH REMOVAL) * HEATED IN BUILDING DESIGNATED PERSONAL GARAGE PARKING *600 Square Feet * Clean Updated Unit * Granite Counter Tops NOTE: Furnished Unit is an Option Income has to be 3.5 times monthly rent. No pets or smoking.
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6244 N Harlem Avenue Photo Gallery 1
1 of 9
1 Bedroom
$1,200
RECENTLY REMODELED 1 BEDROOM CONDO IN NORWOOD PARK. KITCHEN W/ MAPLE CABINETS, BACK SPLASH , GRANITE COUNTER TOPS, SS APPLIANCES OPENS TO LIVING ROOM. HARDWOOD FLOOR IN KITCHEN, LIVING ROOM AND BEDROOM. NEWER BATHROOM W/CERAMIC TILES. EXCELLENT LOCATION. CLOSE TO 90, HARLEM BLUE LINE OR NORWOOD METRA.
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235 Spring Hill Dr. Photo Gallery 1
1 of 8
1 Bedroom
$1,350
756 sqft
APL57504369 - No description added
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Frequently Asked Questions

Frequently Asked Questions (FAQs)

What is the typical rent for a studio apartment in Mount Prospect?

The average rent for a studio apartment in Mount Prospect is $1,774.

How expensive are one-bedroom apartments in Mount Prospect?

The average rent for a one-bedroom apartment rental in Mount Prospect is $1,600.

How much is rent for two-bedroom apartments in Mount Prospect?

The average monthly rent for a two-bedroom apartment in Mount Prospect is $1,857.

Are there any properties that are currently offering move-in specials in Mount Prospect?

Yes, you can filter your apartment search to only include properties in Mount Prospect that are offering move-in specials.
City Guide for Mount Prospect, IL

American Idol Season 9 winner, Lee DeWyze, was inspired to sing while attending Prospect High School. Not impressed? Well, Simon Cowell was, at least.

With a population of just over 53,000, Mount Prospect is home to a community of diverse cultures. Today, that city is renowned for its combination of many nationalities, award-winning educational institutions, churches, thriving firms, shopping centers, and highly rated fire and police departments -- all this in one package that is Mount Prospect. Like most towns in the United States, most people in Mount Prospect use private vehicles to get to work and around the city. However, there is also the option of using public transit to commute to work -- primarily by riding the train. Mount Prospect's real estate is essentially made up of medium sized (3-4 bedroom) to large (5+ bedroom) single family homes and apartment complexes. Rents here are currently lower in price than 77.9% of Illinois neighborhoods. The amazingly low vacancy rate is testimony enough that owning property or living in a house for rent in Mount Prospect is an amazing experience. With a low crime rate, good schools and college-educated neighbors who encourage others by their own achievements, homes here are in high demand.

Having trouble with Craigslist Mount Prospect? Can't find that special apartment for rent on Apartment Finder or Zillow? Apartment List is here to help! See more

What to keep in mind when looking for cheap apartments in Mount Prospect, IL

Finding cheap apartments in Mount Prospect takes some ingenuity and effort, as well as quick action. Before you head out on your search, bring along pay stubs, bank statements, letters of recommendations from landlords or employers, and identification. The more proactive you are about your search, the easier it will be to score a deal.

Look for cheap apartments in Mount Prospect by regularly scouring listings and looking during slower renting seasons, like winter. You can still find a deal if you move during the summer months when apartment hunting is more competitive.

You may be able to find cheap apartments in Mount Prospect in neighborhoods that are located away from attractions, restaurants, and entertainment. You may need to look farther out than you would prefer, but access to highways or public transportation can get you into the heart of Mount Prospect.

The building you choose can also make a difference in finding a cheap apartment in Mount Prospect. Older buildings that need some updating are more likely to have better deals. Walk-up apartments without elevators, on-street parking and few amenities like on-site fitness centers can also signal affordable rents in Mount Prospect.