Foreclosure Homes in Arlington Heights, IL

Current Market Conditions in Arlington Heights, IL

The real estate market in Arlington Heights has remained stable with a consistent demand for family homes and properties due to its renowned schools and community amenities. The average home price has seen a steady increase over the past few years, reflecting the area's desirability among buyers, which also means good opportunities for investors.

Current trends indicate a mix of single-family homes and townhouses flooding the market, with investors particularly interested in mid-range homes as rental properties. The growth of rental demand can be attributed to the influx of professionals commuting to Chicago, coupled with families looking to settle in a family-centric community.

Rent Prices In Arlington Heights, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Arlington Heights, IL, is on a rollercoaster ride. The average rent price in Arlington Heights, IL, is $2,086.00. Indeed, when looking to rent in Arlington Heights, IL, you can expect to pay as little as $810.00 or as much as $4,380.00, with the average rent median estimated to be $2,130.00. The good news is that finding an affordable and desirable property to rent in Arlington Heights, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.