Housing & Real Estate — Mount Prospect, Illinois
Overview
| Total Housing Units | 23,068 |
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| Occupied | 22,003 |
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| Vacant | 1,065 |
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| Owner-Occupied | 15,411 |
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| Renter-Occupied | 6,592 |
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| Median Home Value (Census) | $397,400 |
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| Estimated 2026 | ~$449,000 |
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| Median Rent | $1,454/mo |
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| Median Property Tax | $8,425/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 17.2% |
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| Severely Rent-Burdened | 40.0% |
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Housing Age
| Built 2010 or later | 766 |
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| Built 2000-2009 | 474 |
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| Built 1990-1999 | 1,978 |
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| Built before 1960 | 5,841 |
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| Median Year Built | 1968 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
