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Arlington Heights, IL
Full City Profile · Illinois · Lake County County
3.9
/5.0
B+
Good
76,220
Population
4,589/sq mi density
$118,532
Median Income
$60,871 per capita
$403,200
Home Value
$454,475 Zillow
$1,727
Median Rent
24.6% income on rent
51°F
Avg Temperature
260 sunny days/yr
44
Violent Crime/100K
797 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$118,532 median income, 2.4% unemployment
A+
Affordability
4.8 / 5.0
$403,200 home value, $1,727/mo rent
F
Safety
1.0 / 5.0
44 violent crimes/100K
A+
Education
5.0 / 5.0
60.2% bachelor's degree or higher
Housing Overview
Median Home Value
$403,200
43% above
US avg: $281,900
Median Rent
$1,727/mo
48% above
US avg: $1,163/mo
Homeownership Rate
73.3%
12% above US avg (65.4%)
Total Housing Units
33,416
Median year built: 1973
Home Value by Source
Census Median
$403,200
Zillow (ZHVI)
$454,475
Median Sale Price
$395,000
Median List Price
$500,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
73.3%
Owner-Occupied
26.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,727/mo
· Zillow rent:
$1,896/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
39
Price Drops
10.8%
of listings with price reduction
Price Per Sq Ft
$238
Active Inventory
130
homes for sale
Affordability & Housing Stock
Rent Burden
24.6%
of renters spending 30%+ of income on housing
21% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
73.3%
Complete Housing Data
Home Values
| Census Median Value | $403,200 |
| Zillow Home Value (ZHVI) | $454,475 |
| Median Sale Price | $395,000 |
| Median List Price | $500,000 |
| Price Per Sq Ft | $238 |
Rent
| Census Median Rent | $1,727 |
| Zillow Rent (ZORI) | $1,896 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 10.8% |
| Homes Sold | 39 |
| Active Inventory | 130 |
| Price Per Sq Ft | $238 |
Ownership & Stock
| Owner-Occupied | 73.3% |
| Renter-Occupied | 26.7% |
| Homeownership Rate | 73.3% |
| Total Housing Units | 33,416 |
| Median Year Built | 1973 |
| Rent Burden | 24.6% |