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6 For Rent by Private Owner Rentals in Mount Prospect, IL

Mount Prospect, IL Private Owner Rentals

Browse 6 properties for rent by owner in Mount Prospect. Renting directly from a private owner can make your rental experience a little more personal and encourage strong communication between you and your property manager. Filter for your ideal location and essential amenities for a list of privately owned properties tailored to your needs.

What does FRBO Mean?

“FRBO,” or For Rent by Owner, means that the owner of your rental acts as your property manager. Instead of going through a property management company or leasing agent, you work directly with the owner for the entirety of your lease, from application to move-out.

Benefits of Renting from a Private Owner

Renting from a private owner in Mount Prospect can be a different experience for renters who are used to property management companies. While renting through a large company often comes with standardized processes, renting with a private owner may be a bit more flexible. You may be able to negotiate details in the lease, such as move-in dates and monthly rent. Renting with a private owner will also streamline your communication. Instead of going through online portals to contact maintenance, pay bills, or ask questions, your rental owner will be your one point of contact. Start the search today and find your next privately owned rental.


Mount Prospect, IL Rental Insights

Average Rent Rates

What is the average rent in Mount Prospect, IL?

The average rent in Mount Prospect is $1,618. When you rent an apartment in Mount Prospect, you can expect to pay as little as $1,618 or as much as $2,513, depending on the location and the size of the apartment.

What is the average rent of a Studio apartment in Mount Prospect, IL?

The average rent for a studio apartment in Mount Prospect, IL is $1,765 per month.

What is the average rent of a 1 bedroom apartment in Mount Prospect, IL?

The average rent for a one bedroom apartment in Mount Prospect, IL is $1,618 per month.

What is the average rent of a 2 bedroom apartment in Mount Prospect, IL?

The average rent for a two bedroom apartment in Mount Prospect, IL is $1,838 per month.

What is the average rent of a 3 bedroom apartment in Mount Prospect, IL?

The average rent for a three bedroom apartment in Mount Prospect, IL is $2,513 per month.

Transportation

How transit friendly is Mount Prospect, IL?

Transit options in Mount Prospect vary, but overall, it has a transit score of 27.

Education

What are the top Elementary schools in Mount Prospect, IL?

In Mount Prospect, you’ll find top-ranking elementary schools like Fairview Elementary School, Lions Park Elementary School, and Forest View Elementary School.

What are the top middle schools in Mount Prospect, IL?

Mount Prospect is home to some top-ranking middle schools, including Lincoln Middle School, River Trails Middle School, and Holmes Jr High School.

What is the top high school in Mount Prospect, IL?

Moving is tough for high school students! Look for Mount Prospect apartments near top-ranking high schools like Prospect High School.

What colleges and universities are in Mount Prospect, IL?

If you’re a student moving to an apartment in Mount Prospect, you’ll have access to Oakton C.C., Des Plaines, Roosevelt Univ., Schaumburg, and Harper College.

Helpful Rental Guides for Mount Prospect, IL

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