Hancock Square at Arlington Station
180-200 N Arlington Heights Rd,
Arlington Heights, IL 60004
Studio - 2 Beds | $1,924 - $3,516
Rental Market Trends in Arlington Heights, IL
What is the average rent in Arlington Heights, IL?
$1,819/month
Average Rent
756 Sq Ft
Average Apartment Size
+0.9%
Increase in the Last Year
As of February 2025, the average rent in Arlington Heights, IL is $1,819 per month. This is 17% higher than the national average rent price of $1,555/month, making Arlington Heights one of the most expensive cities in the US. When you rent an apartment in Arlington Heights, you can expect to pay about $1,834 per month for a studio, $1,819 for a one-bedroom apartment, and around $2,165 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,571 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Arlington Heights, IL?
In the past year, rent has increased by 0.9%, which averages out to $17 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated February 2025
Legend
2024
2025
Rent Ranges in Arlington Heights, IL
Last Updated February 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
6%
$700 - $1,000/month
35%
$1,001 - $1,500/month
32%
$1,501 - $2,000/month
26%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Arlington Heights?
Based on current rent prices, Downtown Arlington Heights is the most affordable neighborhood in Arlington Heights.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Arlington Heights?
Based on current rent prices, Downtown Arlington Heights is the most expensive neighborhood in Arlington Heights.
Neighborhood
Average Rent
Average Sq Ft
Which Arlington Heights neighborhoods have the most rentals available?
The neighborhood in Arlington Heights with the most apartments available is Downtown Arlington Heights .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Arlington Heights, IL?
Because the average rent in Arlington Heights is $1,819, you’ll want to make about $6,063 per month or $72,756 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Arlington Heights, IL compare to other nearby cities and neighborhoods?
Use the tool below to compare Arlington Heights, IL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,812/month
$1,812/month
One Bedroom
$1,882/month
$1,882/month
Two Bedroom
$2,186/month
$2,186/month
Three Bedroom
$1,792/month
$1,792/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.