Is Arlington Heights, IL a good place to invest in rental property?

Arlington Heights, IL has a median modeled monthly cash flow of $-1,390 and a median cap rate of 2.9%, on a median sold price of $472,000. Prices changed +2.1% year over year.

What is the average cap rate in Arlington Heights, IL?

The median cap rate across recently sold homes in Arlington Heights, IL is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Arlington Heights, IL?

The median sold price in Arlington Heights, IL is $472,000 (about $264 per square foot).

Investing in Arlington Heights, IL Real Estate

A data-driven snapshot of the Arlington Heights, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$472,000Median sold price

$264Median $/sqft

2.9%Median cap rate

$-1,390Modeled cash flow / mo

+2.1%Appreciation YoY

6.8Months of supply

495Active listings

877Sold (last 12 mo)

What the Arlington Heights numbers say

In Arlington Heights, IL, the median home sold for $472,000 (about $264 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-1,390 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 6.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Arlington Heights cash-flowing listings

CashFlowRE ranks every for-sale home in Arlington Heights, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Arlington Heights deals, or browse the national market data.