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$1,769 - $4,090Studio to 2 Bedroom Apartments Available Now
Hancock Square at Arlington Station
180-200 N Arlington Heights RdArlington Heights, IL 60004
Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $1,200 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Arlington Heights.
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Rent Specials
$1,691 - $3,007Studio to 2 Bedroom Apartments Available Now
Dunton Tower Apartments
55 S Vail AveArlington Heights, IL 60005
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$1,700 - $3,100Studio to 2 Bedroom Apartments Available Now
4 North Apartments
4 N Hickory AveArlington Heights, IL 60004
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$1,475 - $1,9501 to 2 Bedroom Apartments Available Now
214-222 S Pine Ave
214-222 S Pine AveArlington Heights, IL 60005
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 Bedroom Apartments
217-231 S Arlington Heights Rd
217-231 S Arlington Heights RdArlington Heights, IL 60005
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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Studio to 2 Bedroom Apartments
The Point at Euclid Apartments
908-910 W Euclid AveArlington Heights, IL 60005
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Central Business District, Arlington Heights, IL Local Guide
How much does it cost to rent an apartment in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District Studio Apartments | $1,770 | $1,691 | $1,965 |
| Central Business District 1 Bedroom Apartments | $2,007 | $1,475 | $2,521 |
| Central Business District 2 Bedroom Apartments | $2,508 | $1,775 | $2,990 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Arlington Heights, IL.
See all Apartments in Arlington HeightsExplore Arlington Heights
Central Business District, Arlington Heights, IL Local Guide
- Nearby Arlington Heights neighborhoods
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Cheapest Available Central Business District Apartments for Rent
The cheapest available apartment rental in the Central Business District area of Chicago, IL is a 1 Bed unit found at 214-222 S Pine Ave priced from $1,475. Dunton Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,691. Here are the most affordable Central Business District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,475 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio,1BA | $1,691 |
| 4 North Apartments | Studio | Studio,1BA | $1,700 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $1,773 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $1,800 |
Best Value Apartments for Rent in Central Business District, IL
As of November 11, 2025 the best value apartment in the Central Business District area is the $1.97 price per square foot 1BD/1BA Model at 214-222 S Pine Ave in the in the Central Business District neighborhood starting from $1,475. The second greatest value Central Business District apartment is the Two Bedroom Model at Hawthorne Apartments starting at $1,800 with a $2.57 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1.97 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $2.57 |
| Hancock Square at Arlington Station | S1 | Studio ,1BA | $2.96 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio ,1BA | $2.82 |
| 4 North Apartments | Studio | Studio ,1BA | $2.90 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleCentral Business District, Arlington Heights, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Business District Apartments
What is the Cheapest Studio apartment in Central Business District?
Currently the most affordable Cheap Studio Apartment in Central Business District is at Dunton Tower Apartments listed at $1,691.
How much is rent for a Cheap One Bedroom Central Business District Apartment?
The lowest price for a Cheap One Bedroom Central Business District Apartment is $1,475 at 214-222 S Pine Ave.
What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $1,800 at Hawthorne Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.