Mount Prospect, Cook County, IL

Median Home Price Price

$401,863 $401.9K

Median Monthly Rent Rent

$1,889 $1.9K

18.0x

Market Snapshot

Mount Prospect, Cook County, IL is a city market with a median home price of $401,863, a median monthly rent of $1,889, a GRM of 18.0x, and a price-to-rent ratio of 17.7.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

03 Westchester, Cook County, IL
Nearby alternative Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $332K
Rent $2.2K
GRM 13.0x
Explore the data
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Morton Grove Explore deeper
$397K $2.7K 12.0x
Skokie
$381K $1.9K 16.0x
Elk Grove Village
$360K $2.1K 15.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Johnsburg, McHenry County, IL Explore deeper
$371K $1.9K 16.0x
Bull Valley, McHenry County, IL
$598K $1.9K 26.0x
Caledonia, Boone County, IL
$326K $2.1K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Fremont, Rockingham County, NH Explore deeper
$506K $3.3K 13.0x
West Chester, Butler County, OH
$397K $2.0K 16.0x
De Pere, Brown County, WI
$374K $1.4K 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

Mount Prospect

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Benchmark comparison

Compare Mount Prospect, IL to another market.

Compare to Morton Grove, IL
Mount Prospect, IL
Morton Grove, IL
Delta
Median rent
$1,889
N/A
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Median price
$401,863
N/A
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YoY change
+$175
N/A
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Price-to-rent
17.7x
Data unavailable
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Key takeaways

  • Mount Prospect, Cook County, IL has a middle-grm screening profile: At 18.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $175 year over year.
  • Next discovery step: compare Morton Grove, Cook County, IL from the Same county set.