How much does it cost to rent at Prospect Place?

Rent at Prospect Place in Mt Prospect, IL ranges from $1,570 to $2,575 per month as of July 15, 2026.

What is the average 1 bed rent at Prospect Place?

The average 1 bed apartment at Prospect Place costs $2,488/month, starting from $2,400.

What is the average 2 bed rent at Prospect Place?

The average 2 bed apartment at Prospect Place costs $1,570/month, starting from $1,570.

Is Prospect Place a good apartment complex?

Prospect Place has a 4.5-star rating on Google based on 65 reviews.

Updated today at 9:08 p.m. CT

Prospect Place

Property manager listings

11 W Prospect Ave, Mt Prospect, IL 60056

Prospect Place is a rental manager, and the homes on this page sit at multiple addresses across Mt Prospect, IL rather than in one building. Pricing below reflects their currently listed rentals, not a single apartment community.

4.5 (65 reviews) Official Website (847) 407-9288

Live pricing, refreshed today at 9:08 p.m. CT

Units Listed

$1,570

Starting at

$2,182

Average

$2,575

Highest

$2.82

Per Sq Ft

How does this compare? View Mt Prospect 60056 rent trends

Beds

Pricing by Bedroom

1 Bed

$2,488

from $2,400 · 2 units

~643 sqft avg

2 Bed

$1,570

from $1,570 · 1 units

~1,040 sqft avg

Price Breakdown

Rent by Unit

Price vs. Square Footage

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

Limited availability

2 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Mt Prospect, IL

Citywide

Prospect Place

$1,570

HQ Residences | Mt. Prospect

$2,234 The Dawson

$2,346

Showing citywide comparison (not enough Mt Prospect, IL properties tagged with "Mt Prospect 60056" for a local match). Click any bar to view that building.

See rent trends on the Mt Prospect, IL map Explore Mt Prospect, IL on the interactive map

Available Units

Sort

3 units

2 Bed / 1.5 Bath

$1,570/mo

1,040 ft² · $1.51/ft\u00B2 · #11

1 Bed / 1 Bath Upscale Apartments in Downtown Mt. Prospect with Luxury Amenities, Steps from Metra

$2,400/mo

630 ft² · $3.81/ft\u00B2 · #306

1 Bed / 1 Bath Upscale Apartments in Downtown Mt. Prospect with Luxury Amenities, Steps from Metra Marketing Description

$2,575/mo

655 ft² · $3.93/ft\u00B2 · #303

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available
11	--	2bd / 1.5ba	1,040	$1,570	$1.51	2026-08-18
306	Upscale Apartments in Downtown Mt. Prospect with Luxury Amenities, Steps from Metra	1bd / 1ba	630	$2,400	$3.81	--
303	Upscale Apartments in Downtown Mt. Prospect with Luxury Amenities, Steps from Metra Marketing Description	1bd / 1ba	655	$2,575	$3.93	--

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 Mt Prospect, IL notes

No resident notes for this property yet.