Market Summary

Mount Prospect, Cook County, IL

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Median Home Price Price

$401,863 $401.9K

Median Monthly Rent Rent

$1,889 $1.9K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cook County

Region Price Rent GRM Display
$396,692 $2,728 12.0x
$381,489 $1,944 16.0x
$359,753 $2,055 15.0x
$371,080 $1,660 19.0x
$332,001 $2,214 13.0x
$432,101 $2,068 17.0x
$308,498 $1,813 14.0x
$371,010 $3,867 8.0x
$316,020 $1,755 15.0x
$375,236 $1,846 17.0x
$341,305 $1,796 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Cook County

Region Price Rent GRM Display
$370,581 $1,880 16.0x
$598,393 $1,883 26.0x
$325,845 $2,128 13.0x
$491,471 $1,876 22.0x
$413,419 $2,566 13.0x
$690,056 $1,857 31.0x
$327,738 $1,461 19.0x
$358,658 $1,964 15.0x
$350,396 $1,569 19.0x
$309,779 $1,864 14.0x
$427,077 $1,695 21.0x
$526,029 $1,811 24.0x
$293,605 $1,983 12.0x
$298,046 $1,343 18.0x
$256,072 $1,842 12.0x
$271,052 $1,887 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$506,397 $3,292 13.0x
$397,458 $2,031 16.0x
$373,902 $1,406 22.0x
$340,875 $1,722 16.0x
$377,836 $1,631 19.0x
$222,586 $1,279 14.0x
$541,532 $1,792 25.0x
$306,660 $1,780 14.0x
$495,132 $1,775 23.0x
$498,583 $2,062 20.0x
$369,671 $1,733 18.0x
$296,706 $1,778 14.0x
$429,421 $2,355 15.0x
$392,886 $1,940 17.0x
$267,886 $1,317 17.0x
$612,357 $2,120 24.0x

Home prices

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Monthly rent

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GRM

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Mount Prospect

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Trend Insights

Median Rent in Mount Prospect, IL is $1,889, with MoM change +$22 and YoY change +$175 pointing to positive momentum while volatility is low (std $45).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Mount Prospect, IL.

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Metric
Base market Mount Prospect, IL
Compare market Select a market
Delta vs base
Median rent
$1,889
N/A
Median price
$401,863
N/A
YoY change
+$175
N/A
Price-to-rent
17.7x
Data unavailable
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