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Arlington Heights, IL: 198 apartments available for rent

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Last updated June 24 at 5:26AM
226 West HYDE Street
Arlington Heights
Arlington Heights, IL
Updated May 11 at 6:25AM
3 Bedrooms
$2,600
2115 East EUCLID Avenue
Arlington Heights
Arlington Heights, IL
Updated June 7 at 1:47PM
4 Bedrooms
$2,500
200 North Arlington Heights Road
Central Business District
Arlington Heights, IL
Updated June 9 at 11:34AM
Studio
$1,537
139 W Rand Rd
Arlington Heights
Arlington Heights, IL
Updated June 22 at 7:01PM
3 Bedrooms
$2,450
1415 East Central Road
Arlington Heights
Arlington Heights, IL
Updated June 10 at 3:38AM
2 Bedrooms
$1,500
1702 East NORTHWEST Highway East
Arlington Heights
Arlington Heights, IL
Updated June 21 at 3:18AM
2 Bedrooms
$1,250
2218 South Goebbert Road
Arlington Heights
Arlington Heights, IL
Updated June 16 at 7:10PM
2 Bedrooms
$1,395
819 South DWYER Avenue
Arlington Heights
Arlington Heights, IL
Updated June 16 at 12:23AM
2 Bedrooms
$1,300
151 West WING Street
Central Business District
Arlington Heights, IL
Updated June 22 at 1:53PM
1 Bedroom
$1,850
576 East WINDGATE Court
Arlington Heights
Arlington Heights, IL
Updated June 21 at 3:21AM
2 Bedrooms
$1,500
821 South Dwyer Avenue
Arlington Heights
Arlington Heights, IL
Updated June 21 at 3:22AM
2 Bedrooms
$1,275
77 South Evergreen Avenue
Central Business District
Arlington Heights, IL
Updated June 24 at 3:25AM
2 Bedrooms
$2,350
1308 West BUTTERNUT Lane
Arlington Heights
Arlington Heights, IL
Updated June 17 at 2:33AM
3 Bedrooms
$2,650
200 North Arlington Heights Road
Central Business District
Arlington Heights, IL
Updated June 24 at 3:28AM
1 Bedroom
$1,706
10 South Dunton Avenue
Central Business District
Arlington Heights, IL
Updated June 24 at 3:28AM
1 Bedroom
$1,800
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City Guide
Arlington Heights
Finding an Apartment

Development and popularity can very well be a curse, as house hunters in Arlington Heights are finding out the hard way. The top-notch urban infrastructure, vibrant community life, , stable communities, plethora ofamenities and hospitals make Arlington Heights one of the best places in which to live. What this means is that people who come usually stay put. And that’s bad news for the newcomers. Finding an apartment ranges anywhere between next-to-impossible to tough, depending on your preferred neighborhood. Don’t despair! Even as most neighborhoods have vacancy rates in the low single digits, and some actually have 0% vacancy rates, there are also a few neighborhoods with astonishingly high vacancy rates and modest rentals to boot, something usually too good to be true.

How Much Does it Cost?

You will have guessed it by now: the high-quality lifestyle comes at a price. Arlington Heights apartments cost about 35% more than elsewhere in Chicagoland, and overall cost of living mirrors likewise. If this is of any solace to you, an average household here earns about 33% more than what the average household earns in rest of the state.

There is a lifeline, though. Arlington Heights is noted for its diversity in accommodation offerings. While one bedroom apartments can go for a perfectly reasonable (albeit average), it’s also possible to rent a three bedroom apartment for the same cost...or 4x higher.

What Do You Need?

In a few neighborhoods of Arlington Heights, you can walk in and dictate terms.Try that in most of the neighborhoods, and the odds are that you’ll be laughed out and remain homeless. Either way, it pays to start your search early, especially if you want to nab the few good bargains that crop up from time to time. Adopt a professional demeanor, have a systematic procedure in place, and always carry your references and checkbook with you. If you sense a good deal, go for it, and do not dilly-dally.

Neighborhoods

Arlington Heights is prosperous and young. Median income is $69,002, which compares favorably to Illinois's average of $53,966. Most neighborhoods have a very high proportion of professional executives, employed as computer professionals, scientists, engineers, and office managers. It follows, then, that the neighborhoods would cater to the professional ilk. But if you don’t fall into that category, don’t despair. Chances are, you will find a community or two that has your name written all over it!

W Dundee Road / N Kennicott Avenue: If you are hard hit by the economy, head straight to the suburban neighborhood of W Dundee Road and N Kennicott Avenue. Average rentals are $671, a bargain for a neighborhood where more than 40% of the working residents have executive or managerial jobs, and no one lives below the poverty line. However, be prepared to flaunt all your charms. Most of the homes are owner occupied and vacancy rates are very low.

W Dundee Road / N Old Arlington Heights Road: If you ooze “urban sophistication,” and consider arts, theatre, weekend boutique-ing, and a weekend dinner with finely aged wine as essential as oxygen and water, you would be at home in the upscale neighborhood around W Dundee Road and N Old Arlington Heights Road. However, getting in there is easier said than done. Although there is diversity in stock, ranging from small to medium sized apartments and single-family homes, most homes are owner-occupied and vacancy rates are next to nothing.

Bayside Drive / W Rand Road: If you are looking for some peace and serenity in the heart of an urban jungle, then the neighborhood around Bayside Dive and W Rand Road is for you. What’s more, the real estate stock here is pretty varied, ranging from small to medium sized to luxury apartments, premium apartments and single-family home... and vacancy rates are high to boot.

E Hintz Road / N Arlington Heights Road: Who doesn’t love a bargain? A top-notch house at mid-range rentals counts for one in the reality business, and the neighborhood of E Hintz Road and N Arlington Heights Road may provide you with one. Median real estate prices are $354,681, higher than most other neighborhoods, but average rental prices are in resonance with mid-range neighborhoods. Unfortunately for you, this is the worst-kept secret in town, and as such, vacancy rates are very low. Competition to grab that apartment which has come up in the market is fierce, and that's putting it mildly.

W Northwest Highway / N Yale Avenue: Speaking of bargains, throw in neighbors in a peaceful and quiet neighborhood bang in the middle of an urban concentration, at below average rentals. Dream on? Well, it is actually possible in the W Northwest Highway - N Yale Avenue neighborhood. Average rental prices are lower than most major U.S. cities, even when this neighborhood is among the 15% highest income neighborhoods in America, and 54% of the working populace is managerial professionals.

Mt Prospect: The neighborhood around Mt Prospect, comprisingf E Rand Road and E Thomas Street, is probably the most expensive in Arlington Heights, with average rents of $1,526. The reasons are not hard to find: a unique combination of plenty of owner-occupied single-family homes that denote stability, and the landscape having the look and feel of a "Leave It to Beaver" episode make this neighborhood one of the best in Illinois.

Village Center: Arlington Heights’ “Village Center” is a dense urban neighborhood. The redevelopment that culminated in 2004 has made the downtown more appealing to families, the youth and empty nesters alike. In fact, more people fly solo in this town than most other neighborhoods in America.

E Euclid Avenue / N Forrest Avenue: The neighborhood of E Euclid Avenue - N Forrest Avenue is another urban neighborhood with medium to large apartments and single-family homes. Most of the houses here came up in the ‘50s and ‘60s, constructed mainly by war veterans, thanks to the GI Bill. The neighborhood retains the reminiscences of that bygone era. However, don’t bother actively looking for accommodation here. Most houses are owner occupied and vacancy rate is a grand 0.7%.

Scarsdale: The broad area of Scarsdale encompasses the neighborhoods of W Kirchhoff Road, W Central Road, E Northwest Highway and E Kensington Road. It is not everywhere you get to see a mix of Georgian, Colonial, Tudor, and even ranch homes, no two of which are alike, set amidst mature trees and meandering streets. Now here comes the catch: most homes are owner occupied and vacancy rates are next to nothing. After all, who in their right minds would have a home and not want to live here? Count your lucky stars in the instance you do manage to get in.

W White Oak Street / Weber Drive: If it is your burning desire to live amidst an exclusive crowd of those who value arts and the finer urban sophistications, look no further than the apartments and houses at W White Oak Street and Weber Drive. And this will just make your day: Average rental prices are modest and vacancy rates are among the highest in Arlington Heights.

E Central Road / S Arlington Heights Road: The neighborhood of E Central Road and S Arlington Heights Road neighborhood is another upmarket one, with average rental prices running higher than some nearby ‘hoods. The stock is primarily small to medium sized apartments and single-family homes.

S Meier Road / W Lincoln Street: The neighborhood is surprisingly peaceful and quiet and has a fair share of upper-middle income households. But don’t start celebrating yet. Everyone has the same idea, making the rental market hyper-competitive. Once you get in after the jostle, the last thing you would think of is leaving, meaning this area has very low vacancy rates.

Rent Report
Arlington Heights

June 2017 Arlington Heights Rent Report

Welcome to the June 2017 Arlington Heights Rent Report. Arlington Heights rents remained steady over the past month. In this report, we'll evaluate trends in the Arlington Heights rental market, including comparisons to cities throughout the metro and nation.

Arlington Heights rents held steady over the past month

Arlington Heights rents have remained flat over the past month, however, they have increased moderately by 2.4% year-over-year. Currently, median rents in Arlington Heights stand at $1,250 for a one-bedroom apartment and $1,470 for a two-bedroom. Arlington Heights' year-over-year rent growth is level with the state average of 2.4%, but lags the national average of 2.6%.

Rents rising across the Chicago Metro

Throughout the past year, rent increases have been occurring not just in the city of Arlington Heights, but across the entire metro. Of the largest 10 cities that we have data for in the Chicago metro, all of them have seen prices rise. Illinois as a whole has logged a 2.4% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the metro.

  • Naperville has the most expensive rents in the Chicago metro, with a two-bedroom median of $1,730; the city has also seen rent growth of 0.9% over the past month, the fastest in the metro.
  • Park Forest has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,150; rents were up 0.8% over the past year but remained flat month-over-month.

Many large cities nationwide show more affordable rents compared to Arlington Heights

Rent growth in Arlington Heights has been relatively stable over the past year - some other large cities have seen more substantial increases, while in a few cases, rents have actually declined. Compared to most large cities across the country, Arlington Heights is less affordable for renters.

  • Arlington Heights' median two-bedroom rent of $1,470 is above the national average of $1,150. Nationwide, rents have grown by 2.6% over the past year.
  • While rents in Arlington Heights remained moderately stable this year, similar cities saw increases, including Detroit (+2.5%), St. Louis (+2.4%), Indianapolis (+2.0%); note that median 2BR rents in these cities go for $880, $940, and $840 respectively.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Chicago $1,090 $1,280 0.6% 4.0%
Aurora $1,080 $1,270 0.6% 0.3%
Naperville $1,470 $1,730 0.9% 1.6%
Arlington Heights $1,250 $1,470 0.0% 2.4%
Evanston $1,270 $1,500 0.9% 4.8%
Palatine $1,110 $1,310 0.5% 2.2%
Wheaton $1,260 $1,480 0.3% 2.0%
Hoffman Estates $1,100 $1,290 2.5%
Lisle $1,200 $1,410 0.9% 3.2%
Park Forest $980 $1,150 0.0% 0.8%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.