How much is a 2-bedroom apartment in Mount Prospect, IL?

Name: Rent by bedrooms in Mount Prospect, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Mount Prospect, IL, the median gross rent for a two-bedroom home is $1,558 (±$108) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $1,394 (±$55).

A three-bedroom home rents for a median of $2,139 (±$199).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area is $2,011.

Figures last updated on November 12, 2026.

Studio: $1,381 (±$178)
1 bedroom: $1,394 (±$55)
2 bedrooms: $1,558 (±$108)
3 bedrooms: $2,139 (±$199)

Rent by bedroom count in Mount Prospect

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Mount Prospect	Cook County	Illinois	United States
Studio	$1,381 (±$178)	$1,230 (±$20)	$1,139 (±$17)	$1,248
1 bedroom	$1,394 (±$55)	$1,271 (±$15)	$1,121 (±$9)	$1,235
2 bedrooms	$1,558 (±$108)	$1,454 (±$12)	$1,284 (±$8)	$1,407
3 bedrooms	$2,139 (±$199)	$1,693 (±$18)	$1,480 (±$12)	$1,584
4 bedrooms	$2,758 (±$1,588)	$1,909 (±$55)	$1,677 (±$33)	$1,957
5 or more bedrooms	$1,740 (±$180)	$1,794 (±$101)	$1,600 (±$88)	$2,074

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area
	Census median, this place	HUD Fair Market Rent
1 bedroom	$1,394 (±$55)	$1,780
2 bedrooms	$1,558 (±$108)	$2,011
3 bedrooms	$2,139 (±$199)	$2,586

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Mount Prospect

Nearest places with a published estimate, compared with Mount Prospect
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Mount Prospect	—	$1,558 (±$108)	—
Prospect Heights	2.8 mi	$1,470 (±$226)	Not measurably different
Des Plaines	2.8 mi	$1,686 (±$85)	Not measurably different
Elk Grove Township	3.1 mi	$1,651 (±$48)	Not measurably different
Wheeling Township	3.2 mi	$1,702 (±$55)	Higher
Arlington Heights	3.2 mi	$1,816 (±$53)	Higher
Maine Township (Cook County)	4.3 mi	$1,501 (±$68)	Not measurably different
Rolling Meadows	4.6 mi	$1,569 (±$155)	Not measurably different
Wheeling	4.6 mi	$1,705 (±$107)	Not measurably different

Nearby places with a measurably higher figure: Wheeling Township, IL ($1,702), Arlington Heights, IL ($1,816).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Cook County, place by place

Rank	Place	Median gross rent, 2 bedrooms
33	Willow Springs	$1,614 (±$604)
34	Skokie	$1,606 (±$80)
35	Park Ridge	$1,586 (±$245)
36	Rolling Meadows	$1,569 (±$155)
37 (tie)	River Forest	$1,563 (±$475)
37 (tie)	River Forest Township	$1,563 (±$475)
39	Mount Prospect	$1,558 (±$108)
40	Hanover Township (Cook County)	$1,521 (±$84)
41	Maine Township (Cook County)	$1,501 (±$68)
42	Riverside	$1,496 (±$247)
43	Richton Park	$1,484 (±$232)
44	Berkeley	$1,483 (±$246)
45	Forest Park	$1,476 (±$108)

Showing 13 of 130 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

What you can do on Seayora in Mount Prospect

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Mount Prospect, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Mount Prospect beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Mount Prospect, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Mount Prospect

How much is a one-bedroom apartment in Mount Prospect?

The median gross rent for a one-bedroom home in Mount Prospect, IL is $1,394 (±$55) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Mount Prospect?

The median gross rent for a two-bedroom home in Mount Prospect, IL is $1,558 (±$108) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Mount Prospect?

The median gross rent for a three-bedroom home in Mount Prospect, IL is $2,139 (±$199) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Mount Prospect village, Illinois (place:51089, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.