Arlington Heights, IL—60004
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Arlington Heights, IL
Home Price Trends — Arlington Heights, IL
As of Oct '25, the median home price in Arlington Heights, IL is $469,000, with a year-over-year change of 6.0%. This indicates that home prices in Arlington Heights, IL are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $469,000 | 6.0% |
| Single Family | $520,000 | 7.0% |
| Condos | $242,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $174,000 | 6.1% |
2 Bed | $301,000 | 5.6% |
3 Bed | $440,000 | 6.3% |
4 Bed | $595,000 | 7.0% |
| 5 Bed | $716,000 | 5.4% |
% of Housing Stock
Rental Trends — Arlington Heights, IL
As of July '25, Rentcast reports the average rent in Arlington Heights, IL is $2,510, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Arlington Heights, IL is studios: $1,900, 1-bedrooms: $1,570, 2-bedrooms: $2,130, 3-bedrooms: $3,190, 4-bedrooms: $3,740. The most common rental property sizes in Arlington Heights, IL are 2-bedroom and 1-bedroom, accounting for 42.4% and 36.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,550 | $2,510 |
| Studio Rent | $1,900 | $1,900 |
| 1 Bed Rent | $1,560 | $1,570 |
| 2 Bed Rent | $2,150 | $2,130 |
| 3 Bed Rent | $3,050 | $3,190 |
| 4 Bed Rent | $3,500 | $3,740 |
% of Rental Stock
Property Listings — Arlington Heights, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Arlington Heights, IL is 28. This is a decrease of -5.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $461,000 | -7.0% |
Listing Count | 110 | -10.0% |
| Listings as % of Homes | 0.4% | -10.0% |
Days on Market | 28 | -5.0% |
Demographics — Arlington Heights, IL
As of the latest ACS Survey released in 2023, Arlington Heights, IL has a population of 51,900, which has increased by 1.9% over the past 5 years. Arlington Heights, IL is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 58.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 51,900 | 1.9% |
% Under 18 | 24.5% | 7.5% |
% Seniors | 19.1% | 3.2% |
% WFH | 23.1% | 298.3% |
% w/ College Degree | 58.7% | -0.5% |
As of the latest ACS Survey released in 2023, Arlington Heights, IL is a predominantly white area, with 72.3% of the population identifying as white. The white population has shrunk by 9.6% in the last 5 years. The second most common race or ethnicity in Arlington Heights, IL is hispanic, making up 11.3% of the population. Foreign-born residents account for 19.2% of the population in Arlington Heights, IL, and this percentage has increased by 1.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 72.3% | -9.6% |
% Black | 3.4% | 277.8% |
% Hispanic | 11.3% | 43.0% |
% Asian | 9.8% | 0.0% |
% Foreign Born | 19.2% | 1.1% |
Mortgage and Risk — Arlington Heights, IL
According to HUD data as of 2023, there were 835 mortgage originations in Arlington Heights, IL, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Arlington Heights, IL. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 835 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Arlington Heights, IL
As of 2024, the percent of homes in Arlington Heights, IL under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Arlington Heights, IL, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 144 |
Total Units Section 8 | 144 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $370 | $1,560 | $1,930 |
| 2 Bedroom | $30 | $2,150 | $2,180 |
| 3 Bedroom | -$250 | $3,050 | $2,800 |
| 4 Bedroom | -$210 | $3,500 | $3,290 |
Affordability — Arlington Heights, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $469,000 |
| Median Household Income | $125,000 |