168 Luxury Apartments for rent in Arlington Heights, IL

Last updated May 27 at 7:51pm UTC
116 East Brittany Drive
Arlington Heights
Arlington Heights, IL
Updated May 25 at 3:34pm UTC
4 Bedrooms
$2,650
719 East Burr Oak Drive
Arlington Heights
Arlington Heights, IL
Updated May 24 at 9:05pm UTC
3 Bedrooms
$2,600
2642 N. Forrest Lane
Arlington Heights
Arlington Heights, IL
Updated May 23 at 9:58am UTC
3 Bedrooms
$2,445
6 North PHELPS Avenue
Arlington Heights
Arlington Heights, IL
Updated May 22 at 8:34am UTC
3 Bedrooms
$2,400
417 East Valley Lane
Arlington Heights
Arlington Heights, IL
Updated May 19 at 4:03am UTC
3 Bedrooms
$1,950
10 South Dunton Avenue
Central Business District
Arlington Heights, IL
Updated May 18 at 10:48am UTC
1 Bedroom
$2,050
15 North Vail Avenue
Central Business District
Arlington Heights, IL
Updated May 17 at 4:31am UTC
2 Bedrooms
$2,100
745 South CHESTNUT Avenue
Laudymont Terrace
Arlington Heights, IL
Updated May 13 at 1:27am UTC
3 Bedrooms
$2,300
1116 South Haddow Avenue
Feurborn Klodes Arlington Manor
Arlington Heights, IL
Updated March 28 at 5:44am UTC
3 Bedrooms
$1,950
2120 South ARLINGTON HEIGHTS Road
Arlington Heights
Arlington Heights, IL
Updated March 10 at 10:50am UTC
1 Bedroom
$1,900
1700 Bonita Ave
Hatlen Heights
Mount Prospect, IL
Updated May 25 at 5:54pm UTC
3 Bedrooms
$2,200
473 St Marys Parkway
Buffalo Grove
Buffalo Grove, IL
Updated May 19 at 4:01am UTC
4 Bedrooms
$1,895
3451 North Carriageway Drive 301
Arlington Heights
Arlington Heights, IL
Updated May 17 at 10:17am UTC
2 Bedrooms
$1,850
Results within 1 miles of Arlington Heights, IL
215 South Evergreen Avenue
Arlington Heights
Arlington Heights, IL
Updated May 1 at 1:39am UTC
2 Bedrooms
$2,600
995 West Happfield Drive
Arlington Heights
Arlington Heights, IL
Updated April 21 at 8:29am UTC
3 Bedrooms
$2,050
714 N Eastwood Ave
Mount Prospect
Mount Prospect, IL
Updated May 25 at 6:03pm UTC
3 Bedrooms
$2,200
North Chestnut Avenue
Arlington Heights
Arlington Heights, IL
Updated May 23 at 7:31am UTC
5 Bedrooms
$3,245
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May 2018 Arlington Heights Rent Report

Welcome to the May 2018 Arlington Heights Rent Report. Arlington Heights rents increased over the past month. In this report, we'll evaluate trends in the Arlington Heights rental market, including comparisons to cities throughout the metro, state, and nation.

View full Arlington Heights Rent Report
Rent Report
Arlington Heights

May 2018 Arlington Heights Rent Report

Welcome to the May 2018 Arlington Heights Rent Report. Arlington Heights rents increased over the past month. In this report, we'll evaluate trends in the Arlington Heights rental market, including comparisons to cities throughout the metro, state, and nation.

Arlington Heights rents increase sharply over the past month

Arlington Heights rents have increased 0.7% over the past month, but are down moderately by 1.9% in comparison to the same time last year. Currently, median rents in Arlington Heights stand at $1,230 for a one-bedroom apartment and $1,450 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in February. Arlington Heights' year-over-year rent growth lags the state average of 0.2%, as well as the national average of 1.5%.

Rents rising across the Chicago Metro

While rent prices have decreased in Arlington Heights over the past year, the rest of the metro is seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Chicago metro for which we have data. Here's a look at how rents compare across some of the largest cities in the metro.

  • Aurora has seen the fastest rent growth in the metro, with a year-over-year increase of 3.1%. The median two-bedroom there costs $1,300, while one-bedrooms go for $1,110.
  • Over the past year, Arlington Heights has seen the biggest rent drop in the metro, with a decline of 1.9%. Median two-bedrooms there cost $1,450, while one-bedrooms go for $1,230.
  • Elgin has the least expensive rents in the Chicago metro, with a two-bedroom median of $1,170; rents were up 0.5% over the past year but remained flat month-over-month.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,720; rents remained steady over the past month.

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

As rents have fallen moderately in Arlington Heights, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Arlington Heights is less affordable for renters.

  • Arlington Heights' median two-bedroom rent of $1,450 is above the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.9% decline in Arlington Heights.
  • While rents in Arlington Heights fell moderately over the past year, many cities nationwide saw increases, including Houston (+3.1%), Denver (+1.6%), and Columbus (+1.5%).
  • Renters will generally find more expensive prices in Arlington Heights than most large cities. For example, Detroit has a median 2BR rent of $890, where Arlington Heights is more than one-and-a-half times that price.

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 $1,070 $1,260 0.2% -0.6%
Aurora $1,110 $1,300 0.0% 3.1%
Joliet $1,020 $1,200 0.1% 1.3%
Naperville $1,460 $1,720 -0.0% 0.4%
Elgin $1,000 $1,170 0.1% 0.5%
Arlington Heights $1,230 $1,450 0.7% -1.9%
Evanston $1,280 $1,510 0.5% 1.3%
Schaumburg $1,340 $1,580 0.1% 1.2%
Palatine $1,130 $1,330 0.3% 2.0%
Des Plaines $1,040 $1,220 -0.3% 1.6%
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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.