Home prices
Arlington Heights's median home cost is $358,300. Compared to other places in this area it is about $90,540 (33%) higher.It is approximately $140,800 (64%) higher in comparison to the US as a whole, and compared to the city of Chicago is approximately $100,300 (38%) higher.
Rents
In Arlington Heights the median monthly rent is $1,368. It is about $153 (12%) higher compared to nearby areas.It is roughly $306 (28%) higher compared to the nation as a whole, and compared to the city of Chicago is approximately $256 (23%) higher.
Nearby places
Rolling Meadows
Rolling Meadows is Arlington Heights's neighbor to the southwest. Its housing prices are a lot less expensive. The price of the median home in Rolling Meadows is $241,200, which works out to $117,100 (48%) lower than Arlington Heights. The rent there is pretty similar. The median rent in Rolling Meadows is $1,378 a month, which is very similar to Arlington Heights.
Prospect Heights
Prospect Heights is Arlington Heights's neighbor to the east. Real estate prices there are a bit less expensive. The median home in Prospect Heights costs $284,300, which comes out to $74,000 (26%) lower than Arlington Heights. The rent there is somewhat less expensive. Prospect Heights's median rent is $1,099 a month, which comes out to $269 (24%) lower than Arlington Heights.
Mount Prospect
Mount Prospect is Arlington Heights's neighbor to the southeast. The housing prices there are a bit less expensive. Mount Prospect's median home value is $330,200, which works out to $28,100 (8%) lower than Arlington Heights. Rents there are a bit less expensive. Mount Prospect's median rent is $1,132 per month, which works out to $236 (20%) lower than Arlington Heights.
Palatine
Palatine is Arlington Heights's neighbor to the northwest. Real estate prices there are a bit less expensive. The cost of the median home in Palatine is $284,400, which comes out to $73,900 (25%) lower than Arlington Heights. Rents there are a little less expensive. Palatine's median monthly rent is $1,200, which comes out to $168 (13%) lower than Arlington Heights.
Wheeling
Wheeling is Arlington Heights's neighbor to the northeast. Housing prices there are a lot less expensive. Wheeling's median home value is $198,700, which comes out to $159,600 (80%) lower than Arlington Heights. Rents there are a bit less expensive. The median rent in Wheeling is $1,265 a month, which comes out to $103 (8%) lower than Arlington Heights.
