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Newest Homes for Rent in Arlington Heights, IL

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  • /34

    Starting at $1,956 Per Month

    • Studio - 2 Beds

    180-200 N Arlington Heights Rd, Arlington Heights, IL 60004

    Welcome to the best of suburban living! Conveniently located in downtown Arlington Heights, enjoy easy access to Route 53 and I-90 while being just steps from the NW Metra Line, abundant shopping, vibrant nightlife and a variety of great restaurants! Enjoy living in one our newly renovated apartment homes where you will experience the style you deserve with stainless steel appliances, premium

    Hancock Square at Arlington Station

    (224) 507-6499

    180-200 N Arlington Heights Rd, Arlington Heights, IL 60004
  • /53

    Starting at $1,672

    Total Monthly Price

    • 1 - 2 Beds

    313 W Happfield Dr, Arlington Heights, IL 60004

    Our one and two bedroom apartment homes were designed with you in mind. Enjoy all the comfort you deserve. With everything at your fingertips, coming home has never felt so good. Work out. Play with Fido. Or just relax. You’re home at Waterford Place.

    Waterford Place Apartments

    (224) 282-0195

    313 W Happfield Dr, Arlington Heights, IL 60004
  • /30

    Starting at $2,160 Per Month

    • 1 - 2 Beds

    1551 E Central Rd, Arlington Heights, IL 60005

    Located in the beautiful Chicago suburb of Arlington Heights, Central Park East is all about the location. Central Park East is conveniently located close to the Mt. Prospect Metra Station, as well as Northwest Highway, giving you easy access to downtown Chicago. Surrounded by beautiful nature preserves and parks, this location is perfect for the avid outdoors-man. Enjoy a famous Chicago style

    Central Park East

    (224) 425-4129

    1551 E Central Rd, Arlington Heights, IL 60005
  • /23

    Starting at $1,740 Per Month

    • 1 - 2 Beds

    1601 W Woods Dr, Arlington Heights, IL 60004

    Come visit The Pointe Apartments and find your new home today! Our community offers beautiful one and two bedroom apartments. No matter which one you choose, you'll find spacious living areas, a fully-equipped kitchen, walk-in closets, washer/dryer in-unit, and private balconies or patios with additional storage, all included to make your apartment a place you'll be excited to call home. Select

    The Pointe Apartments

    (224) 385-0651

    1601 W Woods Dr, Arlington Heights, IL 60004
  • /33

    Starting at $2,393

    Total Monthly Price

    • Studio - 2 Beds

    1401 S State St, Chicago, IL 60605

    At 1401 S. State, our apartments strike the perfect balance between stunning and functional. Enjoy spectacular views in every direction and quickly gain an entirely new perspective on the best of Chicago living. Call today for more information!

    1401 S. State

    (708) 775-3592

    1401 S State St, Chicago, IL 60605
  • /43

    Starting at $1,843 Per Month

    • Studio - 2 Beds

    3400 W Stonegate Blvd, Arlington Heights, IL 60005

    At One Arlington, we believe you can never have too much of a good thing. Whether you're looking for studio, 1-bedroom, 2-bedroom, or penthouse apartments, our spacious floor plans boast gorgeous details like designer finishes, gourmet kitchens, floor-to-ceiling windows, and walk-in closets. Our luxury community features a convenient location right next to I-90 with easy access to Chicago and the

    One Arlington

    (224) 361-8078

    3400 W Stonegate Blvd, Arlington Heights, IL 60005
  • /50

    Starting at $1,467 Per Month

    • 1 - 2 Beds

    2302 S Goebbert Rd, Arlington Heights, IL 60005

    Welcome to Ashton Arlington Heights—where modern sophistication meets effortless living. Discover beautifully designed one- and two-bedroom apartment homes featuring open-concept layouts, spacious interiors, private storage, and the comfort of central heating and air conditioning. Every detail is crafted to make coming home the best part of your day, complete with a secure intercom system for

    Ashton Arlington Heights

    (224) 478-1354

    2302 S Goebbert Rd, Arlington Heights, IL 60005
  • /26

    Starting at $1,868 Per Month

    • 1 - 3 Beds

    2734 N Buffalo Grove Rd, Arlington Heights, IL 60004

    Discover the comfort of Brook Run in Arlington Heights, IL, where thoughtful design meets everyday ease. Our one-, two-, and three-bedroom apartment homes feature granite countertops, stainless steel appliances, and vinyl plank flooring, with large closets and an in-home washer and dryer to make life simpler. Step outside and enjoy the swimming pool, cozy cabanas, and outdoor fireplace--or fire

    Brook Run

    (224) 313-0560

    2734 N Buffalo Grove Rd, Arlington Heights, IL 60004
  • /29

    Starting at $1,579 Per Month

    • 1 - 2 Beds

    850 Corey Ln, Wheeling, IL 60090

    ReNew Lake Arlington brings together everything that makes Wheeling life work: the convenience of northwest suburban living with the space to actually enjoy it. Your studio, 1, or 2-bed apartment puts you close to major employers like Walgreens and HSBC while keeping weekend errands simple with Target, Jewel-Osco, and Wheeling Town Center just minutes away. The swimming pool becomes your summer

    ReNew Lake Arlington

    (224) 332-2798

    850 Corey Ln, Wheeling, IL 60090
  • /37

    Starting at $1,412 Per Month

    • 1 - 3 Beds

    2134 S Goebbert Rd, Arlington Heights, IL 60005

    Discover the most charming apartments in Arlington Heights, Illinois at The Residences at Arlington Heights. With spacious one, two and three bedroom apartment homes featuring a variety of well-appointed floor plans with either a balcony or patio in every unit, you will surely find an apartment home that works for you! Set on professionally-maintained, landscaped grounds, our pet-friendly

    Residences at Arlington Heights

    (224) 220-1688

    2134 S Goebbert Rd, Arlington Heights, IL 60005
  • /55

    Starting at $1,774 Per Month

    • Studio - 3 Beds

    3401 W Payton Place, Arlington Heights, IL 60005

    Kick back and unwind in social spaces designed to create a sense of community, including the Payton Place Lounge. Achieve all your wellness goals in a state-of-the-art fitness center or pull your bike out of the bike room for a ride around the neighborhood. Even your furry friend can socialize around the community with access to a paw spa. Catering to your needs, The Residences at Payton Place

    The Residences at Payton Place

    (224) 387-2794

    3401 W Payton Place, Arlington Heights, IL 60005
  • /43

    Starting at $1,650 Per Month

    • 1 - 2 Beds

    4233 N Bloomington Ave, Arlington Heights, IL 60004

    Pretty as a postcard! Arbor Lakes Apartments is known for its picturesque setting with winding creeks, waterfalls, and an abundance of mother nature. Relax, unwind, re-group, and re-energize!We love your furry friends and created the Bark Park just for them (restrictions apply). Amenities include our clubhouse with resident lounge, fitness center, swimming pool, barbequeareas, and playground to

    Arbor Lakes

    (224) 864-8642

    4233 N Bloomington Ave, Arlington Heights, IL 60004
  • /29

    Starting at $1,589 Per Month

    • 1 - 2 Beds

    650 W Rand Rd, Arlington Heights, IL 60004

    Come home to a combination of sophisticated style and classic comfort at Stonebridge of Arlington Heights. Stonebridge offers a serene neighborhood atmosphere in Arlington Heights, one of the area’s most desirable suburbs, with unparalleled access to some of the best shopping, dining, and entertainment around. Located on Rand Street, only minutes from I-294, you can explore all of the charm

    Stonebridge of Arlington Heights

    (224) 412-5431

    650 W Rand Rd, Arlington Heights, IL 60004
  • /38

    Starting at $1,947 Per Month

    • Studio - 2 Beds

    55 S Vail Ave, Arlington Heights, IL 60005

    At Dunton Tower, the choice is yours! Choose your view and your style. Walk to amazing restaurants, shopping and entertainment! Relax in our beautifully redesigned Resident Social Spaces! Providing an extraordinary level of convenience, community, and customer service, Dunton Tower features amazing views of downtown Arlington Heights and the surrounding suburbs, a private skybridge access to

    Dunton Tower Apartments

    (630) 931-2315

    55 S Vail Ave, Arlington Heights, IL 60005
  • /55

    Starting at $1,519 Per Month

    • 1 - 3 Beds

    2000 W Algonquin Rd, Mount Prospect, IL 60056

    Welcome toMOUNT PROSPECT GREENSModern 1, 2, & 3 Bedroom Apartments in ChicagolandMount Prospect Greens Apartments has unveiled a BRAND NEW CLUBHOUSE and contemporary renovations to provide you with an elite living experience. We never stop in our quest to provide our residents with exciting amenities, stylish and comfortable apartment homes, and personalized care. Browse

    Mount Prospect Greens

    (224) 628-7541

    2000 W Algonquin Rd, Mount Prospect, IL 60056
  • /82

    Starting at $1,700 Per Month

    • Studio - 2 Beds

    4 N Hickory Ave, Arlington Heights, IL 60004

    A 76 unit new construction, mixed use, apartment building located in Arlington Heights, Illinois. The building offers to its residents a private gym, meeting room, roof terrace with common grills, and ample guest parking. Units will feature luxury kitchens, studios, one, two options, and in-unit washer and dryers. The building will offer its residents covered parking, a full workout facility, a

    4 North Apartments

    (224) 310-2515

    4 N Hickory Ave, Arlington Heights, IL 60004
  • /19

    Starting at $1,295 Per Month

    • 1 - 2 Beds

    3 N Dryden Place, Arlington Heights, IL 60004

    Dryden Homes is pet-friendly and has newly renovated one and two-bedroom apartments. Features community amenities like a courtyard, controlled access, off-street parking, and more. Live near-by Roosevelt University, Oakton Community College, and Harper College. Rosemont Station is just 9 miles away with easy access to O-Hare and Midway airport. Apartment units include heating, wall AC,

    Dryden Homes- 1-21 N Dryden Pl

    (224) 347-9799

    3 N Dryden Place, Arlington Heights, IL 60004
  • /55

    Starting at $2,050 Per Month

    • Studio - 3 Beds

    25 E Algonquin Rd, Arlington Heights, IL 60005

    Arbor House is an apartment community in Arlington Heights offering studio, convertible, one-, two-, and three-bedroom residences designed with modern finishes and thoughtful details. Apartment homes feature white quartz countertops, designer flooring, custom cabinetry, under-cabinet kitchen lighting, in-home washer and dryers, and select balconies or patios with smart-home technology. Community

    Arbor House

    (224) 355-1320

    25 E Algonquin Rd, Arlington Heights, IL 60005
  • /31

    $3,575 Per Month

    • 4 Beds
    • 2 Baths
    • 1,066 Sq Ft
    • House for Rent

    1005 E Park St, Arlington Heights, IL 60005

    Beautifully renovated home in a prime Arlington Heights location close to downtown restaurants, shopping, and the Metra train station. This move-in ready home features 3 spacious bedrooms, 2 fully updated bathrooms, and an additional bedroom in the completely renovated basement offering extra living space perfect for guests, a home office, or recreation area. Recent renovations throughout provide

    Anthony Brummel Brummel Properties, Inc.

    1005 E Park St, Arlington Heights, IL 60005
  • /20

    $3,300 Per Month

    • 3 Beds
    • 3 Baths
    • 1,850 Sq Ft
    • Townhouse for Rent

    2753 S Cedar Glen Dr Unit 31275, Arlington Heights, IL 60005

    Stunning Beautifully remodeled End unit Town home. It is like single house. Soaring 2 story foyer. Brand new flooring, Freshly painted, Recessed new light fixtures, Brand new washer and Dryer, skylight. New blinds, 3 Bedrooms and 3 full bathrooms, 2 car garage, Huge walk-in closet, Spacious family room and open loft for office or living room. Cozy fire place, eat-in kitchen ,Granite counter tops.

    Carol Kim Chicagoland Brokers Inc.

    2753 S Cedar Glen Dr Unit 31275, Arlington Heights, IL 60005
  • /10

    Starting at $1,600 Per Month

    • 1 - 2 Beds

    415 E Circle Hill Dr, Arlington Heights, IL 60004

    We want you to make Circle Hill Apartments your new home. Huge 1, 2, and 3 bedroom apartments located close to Lake Arlington in the desirable Ivy Hill neighborhood. Live in an area with excellent schools, restaurants, shopping, entertainment, and easy access to both major roads and public transportation.**No security deposit due with good credit**

    Circle Hill Apartments

    (224) 507-1831

    415 E Circle Hill Dr, Arlington Heights, IL 60004
  • /16

    $1,985 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Townhouse for Rent

    2515 E Olive St, Arlington Heights, IL 60004

    Welcome to this meticulously maintained and rarely available 2-bedroom, 1.5-bath condo in the highly desirable Brandenberry Park community. Located on the third floor with peaceful open field views, this move-in-ready home has never been rented and offers a bright and functional layout in a scenic, park-like setting. The inviting open floor plan features a spacious living room filled with natural

    2515 E Olive St, Arlington Heights, IL 60004
  • /6

    $1,350 Per Month

    • 1 Bed
    • 1 Bath
    • 625 Sq Ft
    • Condo for Rent

    15 N Dryden Place, Arlington Heights, IL 60004

    Dryden Apartments is pet-friendly and has newly renovated one and two-bedroom apartments. Features community amenities like a courtyard, controlled access, indoor bike storage, off-street parking, and more. Live near-by Roosevelt University, Oakton Community College, and Harper College. Rosemont Station is just 9 miles away with easy access to O-Hare and Midway airport. Apartment units include

    15 N Dryden Place, Arlington Heights, IL 60004
  • /6

    $1,450 Per Month

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • Salem Village Apartments LLC

    202-222 N Salem Ave Unit 6B, Arlington Heights, IL 60005

    202-222 N Salem Ave Unit 6B, Arlington Heights, IL 60005
  • /16

    $1,950

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    509 N Dunton Ave Unit 6, 2nd Floor, Arlington Heights, IL 60004

    A++ LOCATION!! Updated 2 Bedroom/ 1 Bathroom condo in fabulous AH!! Bright and Sunny 2nd floor unit with renovation in main living space so more photos coming of this. Updated kitchen offers stainless steel appliances, corian countertops, and an abundance of cabinet. Plenty of windows - bringing the outside in! Generous bedroom plus huge walk-in closet opens to an updated bathroom.

    509 N Dunton Ave Unit 6, 2nd Floor, Arlington Heights, IL 60004
  • /31

    $1,745 Per Month

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Apartment for Rent

    1119 E Algonquin Rd Unit 2, Arlington Heights, IL 60005

    Welcome to 1119 E Algonquin Rd, a beautifully maintained 2-bedroom, 1-bath apartment located in the heart of Arlington Heights. This bright and inviting unit features beautiful hardwood floors throughout, spacious bedrooms, and a functional layout designed for comfortable living. Enjoy the convenience of plenty of parking, with heat and water included in the rent. Tenants only responsible for

    Arthur Barkan KOMAR

    1119 E Algonquin Rd Unit 2, Arlington Heights, IL 60005
  • /10

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • House for Rent

    2205 Fulle St, Rolling Meadows, IL 60008

    Great home in a great neighborhood. 3 bedrooms with an expanded master bedroom. 2 full baths. Vaulted ceilings in living room, family and Kitchen. Newer refrigerator and stove. Includes a washer and dryer. 2 car detached garage and extra storage. Newer furnace an a/c and roof. Credit and background required. Tenant to maintain lawn and home. Available now!

    Arlene Fields Baird & Warner

    2205 Fulle St, Rolling Meadows, IL 60008
  • /12

    $2,000 Per Month

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • Condo for Rent

    510 W Eastman St Unit 2E, Arlington Heights, IL 60005

    Unbeatable downtown location! Freshly Painted! Steps to metra train, shopping, dining, parks, pool, and schools! Sunny and spacious 2bed /2 bath 2nd floor end unit with open floor plan and view of beautiful courtyard. Both bathrooms updated. Bright kitchen offers tons of cabinet and counter spaces and planning desk. New luxury vinyl and hardwood floors throughout. Master bedroom has big walk in

    510 W Eastman St Unit 2E, Arlington Heights, IL 60005
  • /6

    $3,350 Per Month

    • 2 Beds
    • 2 Baths
    • Waverly Inn and Cottages - 519

    519 W Rand Rd Unit A, Arlington Heights, IL 60004

    519 W Rand Rd Unit A, Arlington Heights, IL 60004
  • /29

    $2,400 Per Month

    • 2 Beds
    • 2 Baths
    • 1,335 Sq Ft
    • Condo for Rent

    1415 E Central Rd Unit 315B, Arlington Heights, IL 60005

    TASTEFULLY REMODELED! CORNER UNIT WITH TONS OF LIGHT COMING THROUGH THE WALL OF WINDOWS. SPACIOUS PRIMARY BEDROOM HAS A HUGE WALK-IN CLOSET AND ENSUITE BATHROOM. ADDITIONAL STORAGE UNIT IS ON THE SAME FLOOR AND ADDITIONAL STORAGE ON THE BALCONY. UNDERGROUND PARKING GARAGE #8 included in the price. FULL AMENITY COMPLEX WITH OUTDOOR POOL AND FITNESS CENTER. UNBEATABLE LOCATION! MIN AWAY FROM HYW

    Colleen Berg Berg Properties

    1415 E Central Rd Unit 315B, Arlington Heights, IL 60005
  • /26

    $4,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,484 Sq Ft
    • House for Rent

    408 N Windsor Dr, Arlington Heights, IL 60004

    Welcome to a beautifully furnished and comfortable home in the highly sought-after Windsor Park neighborhood of Arlington Heights. This bright and well-maintained split-level home offers 4 spacious bedrooms and 2 full bathrooms, providing plenty of space for comfortable living. The home features hardwood floors throughout, updated bathrooms, and a stylish upgraded kitchen with 42-inch cabinets,

    Agent Photo

    Marla Schneider

    Coldwell Banker Realty

    (224) 404-2889

    408 N Windsor Dr, Arlington Heights, IL 60004
  • /11

    $1,600

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1147 Miller Ln Unit 206, Buffalo Grove, IL 60089

    Top floor 1 bedroom overlooking grassy area. New Carpet, freshly painted, clean and quiet location. Looking for a long term lease. Complex is a condo community called Mill Creek. Excellent area, Pool, Laundry and storage in basement.

    1147 Miller Ln Unit 206, Buffalo Grove, IL 60089
  • /22

    $2,500 Per Month

    • 3 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • Condo for Rent

    110 S Dunton Ave Unit 2K, Arlington Heights, IL 60005

    LARGEST CONDO IN BUILDING! EXTREMELY RARE 3 BEDROOM, 2 BATH CONDO WITHIN WALKING DISTANCE TO TOWN, TRAIN AND SHOPPING! YOU'LL LOVE THE KITCHEN WITH STAINLESS STEEL APPLIANCES, NEWER CABINETRY AND TABLE SPACE. HARDWOOD FLOORS THROUGHOUT AND BOTH BATHS HAVE BEEN UPDATED. LARGE LIVING AND DINING AREA IDEAL FOR ENTERTAINING. THIRD BEDROOM IS A GREAT SPACE FOR EITHER A HOME OFFICE OR OUT OF TOWN

    Dennis Toomey RE/MAX Action

    110 S Dunton Ave Unit 2K, Arlington Heights, IL 60005
  • /2

    $1,700

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1519 N Windsor Dr Unit 210, Arlington Heights, IL 60004

    1 bedroom, 1 bath in building next to pool. Balcony overlooking courtyard. Stainless appliances, granite countertops w/ new paint and newly refinished hardwood floors. Easy walk up to second floor with laundry room on 1st floor. 1 reserved parking space.

    1519 N Windsor Dr Unit 210, Arlington Heights, IL 60004
  • /12

    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    527 W Eastman St Unit 1C, Arlington Heights, IL 60005

    This well-maintained ground-level rental offers comfortable and convenient living in the heart of Arlington Heights. The unit features 3 spacious bedrooms and 2 full bathrooms, providing plenty of room for everyday living, work-from-home needs, or guests. An open and functional layout makes the space feel inviting and easy to live in. Being on the ground level allows for simple access ideal for

    Jaimie Banke Keller Williams Thrive

    527 W Eastman St Unit 1C, Arlington Heights, IL 60005
  • /15

    $3,200 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,400 Sq Ft
    • Townhouse for Rent

    546 E Windgate Ct Unit 4D5, Arlington Heights, IL 60005

    Beautifully updated 2 story townhouse in desirable Windgate subdivision with prime location backing up to Prairie Park. Kitchen features quartz counters and SS appliances. Beautiful hardwood floors throughout the unit. Large living/dining room area has gas fireplace with stone surround. Large master suite with view of the park and custom master bath. Spacious 2nd bedroom with private remodeled

    Joanne Matusek RE/MAX All Pro

    546 E Windgate Ct Unit 4D5, Arlington Heights, IL 60005
  • /9

    $1,300 Per Month

    • 1 Bath
    • 505 Sq Ft
    • Apartment for Rent

    233 S Highland Ave Unit LS, Arlington Heights, IL 60005

    Charming studio apartment located just minutes from vibrant downtown Arlington Heights. Perfect for easy access to shops, dining, and transportation. This well-maintained unit features beautiful hardwood floors throughout, 2 spacious closets, electric baseboard heating, 1 window A/C unit, 1 designated parking spot in a private on-site lot, and access to coin-laundry from the unit. Ideal for

    Sara Koman Berkshire Hathaway HomeServices Starck Real Estate

    233 S Highland Ave Unit LS, Arlington Heights, IL 60005
  • /25

    $3,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,486 Sq Ft
    • House for Rent

    1243 S Mitchell Ave, Arlington Heights, IL 60005

    Welcome to your next home in sought-after Arlington Heights! This updated 3-bedroom, 2-bath split-level home offers the perfect combination of comfort, space, and convenience. Filled with natural light from oversized windows, this bright and inviting home features gorgeous hardwood floors, cathedral ceilings in the living and dining rooms, and an updated kitchen with stainless steel appliances

    Neal Ratner Apartment and Home Seekers

    1243 S Mitchell Ave, Arlington Heights, IL 60005
  • /25

    $2,000 Per Month

    • 2 Beds
    • 1 Bath
    • 1,211 Sq Ft
    • Condo for Rent

    101 N Lincoln Ln Unit 2A, Arlington Heights, IL 60004

    Welcome to 101 N Lincoln Lane in the heart of downtown Arlington Heights! Walking distance to downtown, and all the amenities the area has to offer. The upper unit has lots of natural light, making it feel warm and bright. The kitchen is equipped with a newer dishwasher, stove, fridge and good counter space. There is a dining room right off the kitchen that leads into the large living room area.

    101 N Lincoln Ln Unit 2A, Arlington Heights, IL 60004
  • /2

    $1,400 Per Month

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • Apartment for Rent

    18 E Northwest Hwy Unit 7, Arlington Heights, IL 60004

    In the heart of Arlington Heights, steps away from the Metra station! Located at 18 E Northwest Highway in Chicago's neighboring suburb of Arlington Heights. This location is a three minute walk from the UP-NW Union Pacific Northwest at the Arlington Heights stop. Nearby parks include North School Park, Harmony Park and Recreation. Apartment features hardwood floors throughout with white kitchen

    Karel Machala 606 Realty LLC

    18 E Northwest Hwy Unit 7, Arlington Heights, IL 60004

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Frequently Asked Questions

How much does it cost to rent a home in Arlington Heights, IL?
The median rent for a home in Arlington Heights, IL is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Arlington Heights, IL?
To comfortably afford the median rent in Arlington Heights, IL, a household needs to earn roughly $88,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,200 per month in Arlington Heights, IL, renters typically need to show $6,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Arlington Heights, IL?
In Arlington Heights, IL, the price-to-rent ratio is 18.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Arlington Heights, IL are best for renting a home?
The best neighborhood for renting in Arlington Heights, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Arlington Heights Central Business District, Hatlen Heights, Busse Woods, Downtown Mount Prospect and Creekside, each with its own character and price range.

Rental Home Trends in Arlington Heights, IL

Rental Home Trends

Number of Homes for Rent
63
Median Rent
$2,200
Median Single Family Home Rent
$3,400
Median Townhouse Rent
$2,900
Median Condo Rent
$2,000
How to Rent a Home