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20 Studio Apartments for rent in Arlington Heights, IL

Last updated July 17 at 1:38pm UTC
Results within 5 miles of Arlington Heights, IL
Buckingham Place
800 E Northwest Hwy
Des Plaines, IL
Updated July 17 at 12:17pm UTC
Studio
$1,427
Results within 10 miles of Arlington Heights, IL
The Atworth at Mellody Farm
1111 N Milwaukee Ave
Vernon Hills, IL
Updated July 17 at 12:18pm UTC
Studio
$1,545
52 East Main Street
Lake Zurich
Lake Zurich, IL
Updated July 16 at 10:50pm UTC
Studio
$625
2550 Waterview Drive
Northbrook
Northbrook, IL
Updated July 3 at 9:47pm UTC
Studio
$1,599
1585 Ellinwood Ave
Des Plaines
Des Plaines, IL
Updated July 14 at 5:13pm UTC
Studio
$325
674 Albion Ave
Schaumburg
Schaumburg, IL
Updated July 3 at 7:26pm UTC
Studio
$6,285
1722 Wright Blvd
Schaumburg
Schaumburg, IL
Updated July 3 at 7:26pm UTC
Studio
$2,300
1425 Wright Blvd
Schaumburg
Schaumburg, IL
Updated July 3 at 7:26pm UTC
Studio
$8,750
1730 Wright Blvd
Schaumburg
Schaumburg, IL
Updated July 3 at 7:24pm UTC
Studio
$5,265
1517 Wright Blvd
Schaumburg
Schaumburg, IL
Updated July 3 at 7:24pm UTC
Studio
$2,375
3330 Skokie Valley Rd
Buena Woods
Highland Park, IL
Updated July 4 at 9:17am UTC
Studio
$2,100

July 2018 Arlington Heights Rent Report

Welcome to the July 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

July 2018 Arlington Heights Rent Report

Welcome to the July 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 0.7% in comparison to the same time last year. Currently, median rents in Arlington Heights stand at $1,250 for a one-bedroom apartment and $1,470 for a two-bedroom. This is the fourth 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 1.4%.

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 6 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.

  • Palatine has seen the fastest rent growth in the metro, with a year-over-year increase of 2.8%. The median two-bedroom there costs $1,350, while one-bedrooms go for $1,150.
  • Over the past year, Chicago proper has seen the biggest rent drop in the metro, with a decline of 1.3%. Median two-bedrooms there cost $1,270, while one-bedrooms go for $1,080.
  • Waukegan has the least expensive rents in the Chicago metro, with a two-bedroom median of $990; rents were up 0.1% over the past month but fell 0.3% over the past year.
  • Naperville has the most expensive rents of the largest cities in the Chicago metro, with a two-bedroom median of $1,750; rents were up 0.7% over the past month but remained flat year-over-year.

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 $1,470 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 0.7% decline in Arlington Heights.
  • While rents in Arlington Heights fell moderately over the past year, many cities nationwide saw increases, including Houston (+3.7%), New York (+1.7%), and Detroit (+1.3%).
  • 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 $1,080 $1,270 0.3% -1.3%
Aurora $1,120 $1,310 0.5% 2.0%
Joliet $1,020 $1,210 0.5% 1.5%
Naperville $1,480 $1,750 0.7% -0.0%
Elgin $1,010 $1,180 0.6% 1.1%
Waukegan $840 $990 0.1% -0.3%
Arlington Heights $1,250 $1,470 0.7% -0.7%
Evanston $1,300 $1,530 0.7% 1.0%
Schaumburg $1,370 $1,610 1.0% 1.4%
Palatine $1,150 $1,350 0.9% 2.8%
See more

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.