Arlington Heights, IL has a population of 75,911, while the median age is 44. The household income in Arlington Heights, IL is around $87,790. The homeownership rate among the residents is 75%. The median residential property value in Arlington Heights, IL that you should keep in mind is $340,300.
Population | 75,911 |
Median Age | 44 |
Poverty Rate | 4% |
Household Income | $87,790 |
Number Of Employees | 39,700 |
Median Property Value | $340,300 |
Rent Price |
May | vs Last Month |
---|---|---|
Studio apartments | $2,881 | +11.3% |
1-bed apartments | $1,619 | -48.6% |
2-bed apartments | $2,159 | -45.3% |
3-bed apartments | $3,501 | -45.5% |
4+ bed apartments | $3,887 | -60.8% |
Over the May 2023, the average rent for an apartment in/near Arlington Heights, IL decreased by 48% to $2,343.
Compared to the last month, the average price for a rental studio in Arlington Heights, IL has increased by 11.3%. You can expect to rent the studio for $2,881 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 48.6% to $1,619. Pricing for 2-bed apartment also decreased by 45.3% and a place of this size will now cost you $2,159. 3-bed apartment rent pricing starts at $3,501, it decreased by 45.5% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 60.8% and made it down to $3,887.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $4,424 | -33.6% |
Condos for rent | $2,031 | +0.4% |
Apartments for rent | $2,068 | -17.4% |
Townhouses for rent | $2,700 | N/A |
The median rent for an apartment in Arlington Heights, IL decreased by 17.4% to $2,068. Statistics show that house rent price decreased by 33.6% this month making it up to $4,424. Condos faced an upward trend these days. The median rent for a condo increased by 0.4%, it’s now available for $2,031. If you’re looking for a room, the price tag still starts at $980. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $2,700.