How much does it cost to rent at The Monarch?

Rent at The Monarch in Des Plaines, IL ranges from $1,795 to $3,364 per month as of August 16, 2026.

What is the average studio rent at The Monarch?

The average studio apartment at The Monarch costs $1,816/month, starting from $1,795.

What is the average 1 bed rent at The Monarch?

The average 1 bed apartment at The Monarch costs $2,322/month, starting from $2,261.

What is the average 2 bed rent at The Monarch?

The average 2 bed apartment at The Monarch costs $2,637/month, starting from $2,552.

What is the average 3 bed rent at The Monarch?

The average 3 bed apartment at The Monarch costs $3,339/month, starting from $3,309.

Is The Monarch a good apartment complex?

The Monarch has a 3.5-star rating on Google based on 173 reviews.

Updated August 16, 2026 at 2:21 a.m. CT

The Monarch

Name: The Monarch
Address: 150 E River Rd, Des Plaines, IL, 60016, US
Telephone: (224) 836-4620
Rating: 3.5

150 E River Rd, Des Plaines, IL 60016, USA

3.5 (173 reviews) Official Website (224) 836-4620

Live pricing, refreshed August 16, 2026 at 2:21 a.m. CT

Units Listed

$1,795

Starting at

$2,606

Average

$3,364

Highest

$2.47

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Des Plaines 60016 rent trends

Beds

Pricing by Bedroom

Studio

$1,816

from $1,795 · 2 units

~499 sqft avg

1 Bed

$2,322

from $2,261 · 8 units

~792 sqft avg

2 Bed

$2,637

from $2,552 · 6 units

~1,207 sqft avg

3 Bed

$3,339

from $3,309 · 5 units

~1,517 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (23)

Largest 8 movers of 23

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$41K

$496K annual run rate

Modeled estimate

Est. Occupancy

43%

of about 37 units (modeled from leasing activity)

Effective Rent on New Leases

$2,584

vs $2,606 current asking ($22 negotiation gap)

Recent Lease Activity

37 units tracked; 16 assumed leased, 21 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Good availability

3 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Des Plaines 60016

Neighborhood

Park Colony Apartments

$1,495 Courtyards on the Park

$1,495 Park Ridge Commons Apartments

$1,499 Glen Oaks Commons

$1,625

The Monarch

$1,795

Kingston Pointe Apartments

$2,155 River 595 Apartments

$2,300 Welkin Apartments

$2,395 Ellison

$2,455

Comparing 9 apartments in Des Plaines 60016. Click any bar to view that building.

See Des Plaines 60016 rent trends on the Des Plaines, IL map Explore Des Plaines, IL on the interactive map

Available Units

Sort

21 units

Studio

$1,795/mo

499 ft² · $3.60/ft² · #319

Down $51 since Aug 16 (was $1,846)

Studio

$1,836/mo

499 ft² · $3.68/ft² · #128

Down $52 since Aug 16 (was $1,888)

1 Bed 10

$2,261/mo

792 ft² · $2.85/ft² · #101

1 Bed 10

$2,271/mo

792 ft² · $2.87/ft² · #201

1 Bed 10

$2,309/mo

792 ft² · $2.92/ft² · #344

Up $97 since Aug 16 (was $2,212)

1 Bed 10

$2,325/mo

792 ft² · $2.94/ft² · #139

Up $49 since Aug 16 (was $2,276)

1 Bed 10

$2,345/mo

792 ft² · $2.96/ft² · #126

Up $49 since Aug 16 (was $2,296)

1 Bed 10

$2,345/mo

792 ft² · $2.96/ft² · #224

Up $49 since Aug 16 (was $2,296)

1 Bed 10

$2,350/mo

792 ft² · $2.97/ft² · #137

Up $98 since Aug 16 (was $2,252)

1 Bed 10

$2,370/mo

792 ft² · $2.99/ft² · #215

Up $49 since Aug 16 (was $2,321)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
319	--	Studio / --ba	499	$1,795	$3.60	2026-09-16	Pro	Down $51 since Aug 16
128	--	Studio / --ba	499	$1,836	$3.68	2026-08-03	Pro	Down $52 since Aug 16
101	10	1bd / --ba	792	$2,261	$2.85	2026-10-08	Pro
201	10	1bd / --ba	792	$2,271	$2.87	2026-11-06	Pro
344	10	1bd / --ba	792	$2,309	$2.92	2026-06-15	Pro	Up $97 since Aug 16
139	10	1bd / --ba	792	$2,325	$2.94	2026-09-10	Pro	Up $49 since Aug 16
126	10	1bd / --ba	792	$2,345	$2.96	2026-09-18	Pro	Up $49 since Aug 16
224	10	1bd / --ba	792	$2,345	$2.96	2026-09-10	Pro	Up $49 since Aug 16
137	10	1bd / --ba	792	$2,350	$2.97	2026-05-21	Pro	Up $98 since Aug 16
215	10	1bd / --ba	792	$2,370	$2.99	2026-09-17	Pro	Up $49 since Aug 16
335	20	2bd / --ba	1,187	$2,552	$2.15	2026-09-12	Pro	Up $89 since Aug 16
116	20	2bd / --ba	1,161	$2,585	$2.23	2026-08-25	Pro	Up $78 since Aug 16
421	20	2bd / --ba	1,187	$2,595	$2.19	2026-10-12	Pro	Up $77 since Aug 16
230	20	2bd / --ba	1,187	$2,635	$2.22	2026-08-21	Pro	Up $78 since Aug 16
359	20	2bd / --ba	1,259	$2,710	$2.15	2026-08-11	Pro	Up $92 since Aug 16
459	20	2bd / --ba	1,259	$2,743	$2.18	2026-09-09	Pro	Up $90 since Aug 16
111	30	3bd / --ba	1,517	$3,309	$2.18	2026-08-24	Pro	Down $43 since Aug 16
249	30	3bd / --ba	1,517	$3,319	$2.19	2026-06-09	Pro	Down $1 since Aug 16
129	30	3bd / --ba	1,517	$3,349	$2.21	2026-04-27	Pro	Down $1 since Aug 16
320	30	3bd / --ba	1,517	$3,354	$2.21	2026-09-25	Pro	Down $71 since Aug 16
220	30	3bd / --ba	1,517	$3,364	$2.22	2026-07-24	Pro	Down $27 since Aug 16

Train activity

Trains close by

Freight line 1,546 ft away · 18 trains/day

9 daytime, 9 overnight
No road crossing within earshot. Horns unlikely.
Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Des Plaines, IL notes

No resident notes for this property yet.