The median home in Arlington Heights, Illinois is valued at $448,533, up 6.4% year over year. Typical monthly rent is $1,887, producing a price-to-rent ratio of 19.8x — near the national average of 18x. Arlington Heights is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$448,533

+6.4%

Rent$1,887/mo

AFFORDABILITY

Enter your income for Arlington Heights.

Income (annual)

Down Payment

$89,707 on $448,533

Out of reach — 52% of income

Need $139,371/yr to afford.

PITI$3,252

P/I52%

Afford$241K

Gap-$207K

P&I $2,268Tax $834Ins $150

Renting $1,365/mo cheaper ($1,887 rent)6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Arlington Heights with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →

ARLINGTON HEIGHTS, IL