Arlington Heights, Illinois Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Arlington Heights, Illinois rental market.
Arlington Heights, Illinois
Average Apartment Rent
$2,057
Y-o-Y Change in Average
Apartment Rent
4.1%
As of June 2026
Compared to a year ago, Arlington Heights, Illinois apartments have recorded a 4.1% rent increase.
Arlington Heights, Illinois Average apartment rent trend
Arlington Heights, Illinois Average Apartment Rent
Arlington Heights, Illinois Apartment rent ranges
At 48.62%, apartments priced $1,500 - $2,000 represent the bulk of Arlington Heights, Illinois rentals, while condos priced Over $3,000 hold the lowest share of the market – 2.41%.
Arlington Heights, Illinois Housing tenure**
Renters take up 27% of Arlington Heights, Illinois real estate, occupying a total of 8,642 units, while homeowners live in 23,041 properties.
Median number of rooms of renter-occupied housing units**
3.7
Renter median household income**
$74,237
Average household size of renter-occupied housing units**
2.03
Rental vacancy rate**
7.9%
Arlington Heights, Illinois Renter-occupied housing units by no. of bedrooms**
There are 3,586 rentals in Arlington Heights, Illinois with 1 bed making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 48 units. Overall, the median number of rooms in Arlington Heights, Illinois homes for rent is 3.7.
Arlington Heights, Illinois Renter-occupied units by age of householder**
Most condos for rent in Arlington Heights, Illinois are occupied by residents in the 25 - 34 years age group (28%), followed by those in the 35 - 44 years age group (23%). At the same time, people in the 15 - 24 years age group make up the lowest share of the local rental market – 3%.
Arlington Heights, Illinois Renter-occupied housing units by family type**
Arlington Heights, Illinois Renter-occupied housing units by the presence of own children**
A total of 3,953 apartments for rent in Arlington Heights, Illinois, or 46% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 2,295 units. All in all, the median size of a renter-occupied household in Arlington Heights, Illinois is 2.03.
Arlington Heights, Illinois Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 56% of the rental market. In contrast, residents with less than a high school degree reside in 3% of the homes for rent in Arlington Heights, Illinois.
Arlington Heights, Illinois Renter-occupied units by year structure built**
The highest share of Arlington Heights, Illinois apartment rentals, namely 31% or 2,651 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (24%, 2,109 units), and the ones Built 1960 - 1969 (14%, 1,177 units).
Arlington Heights, Illinois Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Arlington Heights, Illinois renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Arlington Heights, Illinois condos for rent is 2018.
Arlington Heights, Illinois Renter-occupied housing units by vehicles available**
When it comes to transportation options, 55% of Arlington Heights, Illinois renters have 1 vehicle available per household, 30% of them have 2 vehicles available, and 10% have No vehicle available.
Arlington Heights, Illinois Means of transportation to work of householders living in renter-occupied housing units**
Arlington Heights, Illinois Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Arlington Heights, Illinois apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
