Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $900 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Business District area of Arlington Heights.

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Salem Lane Apartments
1 Bedroom Apartments

Salem Lane Apartments

211 N Kaspar AveArlington Heights, IL 60005
  • Utilities Included

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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214-222 S Pine Ave
1 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
  • Utilities Included
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Dryden Apartments
1 Bedroom Apartments

Dryden Apartments

1 N Dryden PlArlington Heights, IL 60004
  • Utilities Included
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315 SALEM LLC
1 to 2 Bedroom Apartments

315 SALEM LLC

315 N Salem AveArlington Heights, IL 60005

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hawthorne Apartments
1 Bedroom Apartments

Hawthorne Apartments

1110-1112 W Hawthorne StArlington Heights, IL 60005
  • Utilities Included

Central Business District, Arlington Heights, IL Local Guide

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 Circle Hill Apartments priced from $1,500. Willow Bend Apartments 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 ListingModel NameBed/BathPriced From
Circle Hill Apartments1 Bedroom/1 Bath1BR,1BA$1,500
Willow Bend ApartmentsMaltese1BR,1BA$1,600
Dunton Tower ApartmentsStudio Floor Plan S1Studio,1BA$1,849

Best Value Apartments for Rent in Central Business District, IL

As of June 11, 2025 the best value apartment in the Central Business District area is the $1.78 price per square foot 2 Bedroom/1.5 Baths Model at Circle Hill Apartments in the in the Central Business District neighborhood starting from $1,800. The second greatest value Central Business District apartment is the King Charles Model at Willow Bend Apartments starting at $2,039 with a $2.04 price per square foot in the Pleasant Hill neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
Willow Bend ApartmentsKing Charles2BR,1.5BA$2.04
Central Park EastA11BR,1BA$2.70
Hancock Square at Arlington StationA11BR,1BA$2.83
Dunton Tower ApartmentsStudio Floor Plan S1Studio ,1BA$3.08
4 North ApartmentsStudio, 1 bathStudio ,1BA$3.16

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Business District, Arlington Heights, IL

Ranked #2

Among neighborhoods in Arlington Heights, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Business District Apartments

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 $1,600 at Willow Bend Apartments.

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 Circle Hill 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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.