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$1,700 - $3,100Studio to 2 Bedroom Apartments Available Now
4 North Apartments
4 N Hickory AveArlington Heights, IL 60004
Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $1,200 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Arlington Heights.
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$1,950 - $4,442Studio to 2 Bedroom Apartments Available Now
Hancock Square at Arlington Station
180-200 N Arlington Heights RdArlington Heights, IL 60004
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Rent Specials
$1,972 - $3,099Studio to 2 Bedroom Apartments Available Now
Dunton Tower Apartments
55 S Vail AveArlington Heights, IL 60005
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$1,600 - $2,1001 to 2 Bedroom Apartments Available Now
214-222 S Pine Ave
214-222 S Pine AveArlington Heights, IL 60005
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$1,500
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,500
Total Monthly Price
$1,500
1214 E Northwest Hwy, Unit 5
1214 E Northwest HwyArlington Heights, IL 60004
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1 to 3 Bedroom Apartments
Salem Lane Apartments
211 N Kaspar AveArlington Heights, IL 60005
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Studio Apartments
Metro Lofts
2-18 S Dunton AveArlington Heights, IL 60005
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1 to 3 Bedroom Apartments
Salem Lane Apartments
202-222 N Salem AveArlington Heights, IL 60005
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 to 2 Bedroom Apartments
27 N Dryden Pl
27 N Dryden PlArlington Heights, IL 60004
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Studio Apartments
12 E Northwest Hwy
12 E Northwest HwyArlington Heights, IL 60004
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1 to 2 Bedroom Apartments
Campbell Courte
200 W Campbell StArlington Heights, IL 60005
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Studio Apartments
Wing Street Condominium
44 N Vail AveArlington Heights, IL 60005
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1 to 3 Bedroom Apartments
121 W Campbell St
121 W Campbell StArlington Heights, IL 60005
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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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2 Bedroom Apartments
luther village
1225-1285 Luther LnArlington Heights, IL 60004
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1 to 2 Bedroom Apartments
314 W Miner St
314 W Miner StArlington Heights, IL 60005
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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2 Bedroom Apartments
101-111 N Lincoln Ln
101-111 N Lincoln LnArlington Heights, IL 60004
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2 Bedroom Apartments
1214 E Northwest Highway
414 Chatham PlArlington Heights, IL 60004
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1 to 2 Bedroom Apartments
Dryden Apartments
1 N Dryden PlArlington Heights, IL 60004
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1 to 2 Bedroom Apartments
315 SALEM LLC
315 N Salem AveArlington Heights, IL 60005
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1 to 2 Bedroom Apartments
Hawthorne Apartments
1110-1112 W Hawthorne StArlington Heights, IL 60005
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1 to 3 Bedroom Apartments
Euclid Place
501 W Euclid AveArlington Heights, IL 60004
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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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1 to 2 Bedroom Apartments
Hawthorne Apartments
1114-1120 W Hawthorne StArlington Heights, IL 60005
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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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 | $1,940 | $1,700 | $2,037 |
| Central Business District 1 Bedroom Apartments | $2,056 | $1,300 | $2,446 |
| Central Business District 2 Bedroom Apartments | $2,646 | $1,500 | $3,179 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 24 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
- Nearby Cities
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- School Districts
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 Dryden Homes- 1-21 N Dryden Pl priced from $1,295. 214-222 S Pine Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here are the most affordable Central Business District apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $1,295 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,600 |
| Hawthorne Apartments | One Bedroom | 1BR,1BA | $1,600 |
| 4 North Apartments | Studio | Studio,1BA | $1,700 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Central Business District, IL
As of July 08, 2026 the best value apartment in the Central Business District area is the $2.03 price per square foot 110 S Dunton Ave Model at 110 S Dunton Ave, Unit 3C in the in the Central Business District neighborhood starting from $2,500. The second greatest value Central Business District apartment is the 1214 E Northwest Hwy Model at 1214 E Northwest Hwy, Unit 5 starting at $1,500 with a $1.88 price per square foot in the Downtown Mount Prospect 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. |
|---|---|---|---|
| 110 S Dunton Ave, Unit 3C | 110 S Dunton Ave | 2BR,2BA | $2.03 |
| 1214 E Northwest Hwy, Unit 5 | 1214 E Northwest Hwy | 2BR,1BA | $1.88 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $2.13 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $2.88 |
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $2.07 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio ,1BA | $3.29 |
| Hawthorne Apartments | One Bedroom | 1BR,1BA | $2.67 |
| 4 North Apartments | Studio | Studio ,1BA | $2.87 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleCentral Business District, Arlington Heights, IL
Ranked #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 4 North Apartments listed at $1,700.
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 $1,295 at Dryden Homes- 1-21 N Dryden Pl.
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
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.
Helpful Local Expert Guides
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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.