Property prices for rent in Mount Prospect (Illinois)

The rent prices in real estate in Mount Prospect, in the Illinois region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

$1,927.83
Average price last 6 months
$11.19
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mount Prospect has had a strong fall during the last 6 months. In April, the average price per sq.feet was $24.52. In the following month the price per sq.feet fell considerably to $12.95. The price for the following two months in (June, July) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 8 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $16.12 to $1.32 during August, and September.

Average price

When referring to the price in Mount Prospect (cities), this has fallen considerably in the last 6 months. The average price for April is $2,548. During May the price had a considerable fall till $1,694. During the following two months (June, July) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,953.5 and $1,876.5 between August and September.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,802 they are 33 % more affordable than the average price for Mount Prospect . The properties with the highest average price have 4 bedrooms, Their price is 91 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,121.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.21 / sq.feet, with an average $1.3 / sq.feet price in Mount Prospect. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.34 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial Property" as the most affordable one. At an cost of $1,802 it is 39 % more affordable than the average price in Mount Prospect. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $1,310 it is 64 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Commercial Property" at an average price of $1 / sq.feet followed by "Condo" priced at $1.28 / sq.feet. "Townhouse" is the most expensive type of property with a $65 / sq.feet value followed by "House" with an average price of $1.37 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Mount Prospect
Number of properties used in region Illinois
$1,802
$1.3
410
136,090
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
The Element
 33
The Element
$899
Mount Prospect, Illinois - For Rent - Apartment
Grounds, lifestyle amenities, and a prime location right off i-90 in mount prospect... Areas including arlington heights, the element is ideally located in mount prospect...
Orion Parkview
 20
Orion Parkview
$1,011$1,022
Mount Prospect, Illinois - For Rent - Apartment
Your search for a luxury apartment in mount prospect, il stops at orion parkview... Parkview brings modern luxury apartment living to mount prospect. Offering generously...
Orion Prospect 1 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
 17
Orion Prospect 1 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
$972
Mount Prospect, Illinois - For Rent - Apartment - 645 sq.feet - 1 bedroom - 1 bathroom
At orion prospect apartments, we make apartment living a wonderful experience. Even better, thanks to our excellent location in the northwest suburbs of chicago...
Orion Prospect 3 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
 17
Orion Prospect 3 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
$1,813
Mount Prospect, Illinois - For Rent - Apartment - 1,067 sq.feet - 3 bedrooms - 2 bathrooms
At orion prospect apartments, we make apartment living a wonderful experience. Even better, thanks to our excellent location in the northwest suburbs of chicago...
Orion Prospect 1 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
 17
Orion Prospect 1 Bedroom Apartment For Rent At 475 W. Enterprise Drive, Mount Prospect, Il...
$951
Mount Prospect, Illinois - For Rent - Apartment - 610 sq.feet - 1 bedroom - 1 bathroom
At orion prospect apartments, we make apartment living a wonderful experience. Even better, thanks to our excellent location in the northwest suburbs of chicago...