Arlington Heights / Palatine, IL Rental Market Data

As of August 2026, rental prices in Arlington Heights / Palatine, IL range from $1,737 to $3,476 per month depending on property type and bedroom count.

The largest year-over-year change is a -4.12% decrease for 1BR apartments in Arlington Heights / Palatine, IL.

Among 2BR options, condo/townhomes have a median rent of $2,074 while apartments are at $1,999.

What is the rent range for apartments and homes in Arlington Heights / Palatine, IL as of August 2026?

The rental range is from $1,737 for a 1BR apartment up to $3,476 for a 4BR condo/townhome in Arlington Heights / Palatine, IL as of August 2026.

Which rental segment in Arlington Heights / Palatine, IL saw the biggest year-over-year decline, and was this decline broad or limited?

The biggest year-over-year decline was in 1BR apartments, which fell by -4.12%, and 2BR apartments also decreased by -3.10%, showing the decline occurred across multiple apartment bedroom counts.

What is the highest median rent by property type and bedroom in Arlington Heights / Palatine, IL?

The highest median rent in August 2026 is $3,476 for 4BR condo/townhomes in Arlington Heights / Palatine, IL.

Are rents increasing or decreasing across most segments in Arlington Heights / Palatine, IL as of August 2026?

Rents are increasing in several segments, including a 4.55% YoY rise for single-family 1BR and a 4.22% YoY rise for 4BR condo/townhomes, while apartment segments such as 1BR and 2BR posted YoY decreases of -4.12% and -3.10% respectively.

Arlington Heights / Palatine, IL

August 2026

60004,60005,60067,60074

Long-term Rental Rates

Apartment

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,656 – $1,819	-5.78%	-4.12%
2-Bedroom	$1,905 – $2,093	0.23%	-3.10%
3-Bedroom	$2,561 – $2,720	1.30%	2.09%
4-Bedroom	$3,223 – $3,334	0.01%	3.37%

Condo/Townhome

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,821 – $1,915	3.41%	0.38%
2-Bedroom	$1,991 – $2,157	-1.62%	1.19%
3-Bedroom	$2,839 – $3,014	0.69%	2.96%
4-Bedroom	$3,380 – $3,605	1.39%	4.22%

Single-Family

Unit Type	Price	1 Mo Change	1 Yr Change
1-Bedroom	$1,903 – $1,973	2.36%	4.55%
2-Bedroom	$2,066 – $2,172	0.44%	1.34%
3-Bedroom	$2,765 – $3,068	-0.64%	4.44%
4-Bedroom	$3,254 – $3,455	-1.50%	2.46%

Data updated: September 25, 2026

Arlington Heights / Palatine Rental Trends

In the Arlington Heights / Palatine (60004, 60005, 60067, 60074) rental market, 1-bedroom apartments fell to a median rent of $1,630, reflecting a -6.63% year-over-year decrease and a -0.80% decline month-over-month. This segment experienced the most notable annual drop among all 1BR units and the lowest monthly rental value for April 2026.

Among 3-bedroom options in Arlington Heights / Palatine (60004, 60005, 60067, 60074), single-family homes reached $2,782, showing a 6.82% increase year-over-year. In contrast, 3BR apartments declined 4.15% YoY to $2,566, resulting in a $216 gap favoring single-family as the stronger segment for both price and annual performance.

Rental values for 4-bedroom single-family homes reached $3,328, rising 2.97% month-over-month and 9.18% year-over-year. These figures shape Arlington Heights / Palatine (60004, 60005, 60067, 60074) rental trends, as this segment outperformed all 4BR apartments and condo/townhomes in both price and annual increase for April 2026.

12-Month Median Rent Trend

Apartment

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,737	$1,999	$2,641	$3,265
July 2026	$1,934	$2,025	$2,574	$3,265
June 2026	$1,892	$1,989	$2,610	$3,224
May 2026	$1,931	$2,039	$2,613	$3,173
April 2026	$1,630	$1,911	$2,566	$3,114
March 2026	$1,643	$1,914	$2,465	$3,061
February 2026	$1,665	$2,065	$2,465	$3,031
January 2026	$1,784	$1,994	$2,497	$3,029
December 2025	$1,729	$1,983	$2,485	$3,044
November 2025	$1,757	$1,999	$2,521	$3,073
October 2025	$1,761	$2,016	$2,557	$3,108
September 2025	$1,793	$2,039	$2,580	$3,142

Condo / Townhome

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,868	$2,074	$2,926	$3,476
July 2026	$1,777	$2,099	$2,924	$3,428
June 2026	$1,799	$2,064	$2,968	$3,374
May 2026	$1,777	$2,072	$2,829	$3,364
April 2026	$1,800	$2,034	$2,820	$3,274
March 2026	$1,789	$2,035	$2,775	$3,224
February 2026	$1,778	$2,053	$2,741	$3,185
January 2026	$1,759	$2,042	$2,746	$3,179
December 2025	$1,767	$2,062	$2,754	$3,191
November 2025	$1,799	$2,082	$2,764	$3,233
October 2025	$1,809	$2,094	$2,800	$3,278
September 2025	$1,828	$2,048	$2,839	$3,323

Single-Family

Month	1 BR	2 BR	3 BR	4 BR
August 2026	$1,912	$2,119	$2,916	$3,354
July 2026	$1,870	$2,108	$2,929	$3,361
June 2026	$1,864	$2,008	$2,853	$3,377
May 2026	$1,861	$2,148	$2,813	$3,336
April 2026	$1,797	$2,080	$2,782	$3,328
March 2026	$1,806	$2,075	$2,713	$3,252
February 2026	$1,789	$2,114	$2,668	$3,151
January 2026	$1,775	$2,067	$2,726	$3,207
December 2025	$1,776	$2,049	$2,715	$3,179
November 2025	$1,793	$2,069	$2,728	$3,209
October 2025	$1,814	$2,093	$2,752	$3,248
September 2025	$1,830	$2,093	$2,760	$3,266

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