Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $1,200 (23 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 to 3 Bedroom Apartments

Salem Lane Apartments

211-333 N Kaspar AveArlington Heights, IL 60005
  • Utilities Included
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Metro Lofts
Studio Apartments

Metro Lofts

2-18 S Dunton AveArlington Heights, IL 60005

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Campbell Courte
1 to 2 Bedroom Apartments

Campbell Courte

200 W Campbell StArlington Heights, IL 60005
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12 E Northwest Hwy
Studio Apartments

12 E Northwest Hwy

12 E Northwest HwyArlington Heights, IL 60004
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121 W Campbell St
1 to 3 Bedroom Apartments

121 W Campbell St

121 W Campbell StArlington Heights, IL 60005
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luther village
2 Bedroom Apartments

luther village

1225-1285 Luther LnArlington Heights, IL 60004
Senior Living
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314 W Miner St
1 to 2 Bedroom Apartments

314 W Miner St

314 W Miner StArlington Heights, IL 60005

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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101-111 N Lincoln Ln
2 Bedroom Apartments

101-111 N Lincoln Ln

101-111 N Lincoln LnArlington Heights, IL 60004
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Dryden Apartments
1 to 2 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
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Hawthorne Apartments
1 to 2 Bedroom Apartments

Hawthorne Apartments

1110-1112 W Hawthorne StArlington Heights, IL 60005
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Euclid Place
1 to 3 Bedroom Apartments

Euclid Place

501 W Euclid AveArlington Heights, IL 60004
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hawthorne Apartments
1 to 2 Bedroom Apartments

Hawthorne Apartments

1114-1120 W Hawthorne StArlington Heights, IL 60005

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 Hawthorne Apartments priced from $1,600. Dunton Tower Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,785. Here are the most affordable Central Business District apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Hawthorne ApartmentsOne Bedroom1BR,1BA$1,600
Dunton Tower ApartmentsStudio Floor Plan S1Studio,1BA$1,785
Hancock Square at Arlington StationA11BR,1BA$1,797
4 North ApartmentsOne Bedroom1BR,1BA$2,052

Best Value Apartments for Rent in Central Business District, IL

As of August 22, 2026 the best value apartment in the Central Business District area is the $2.84 price per square foot B3 Model at Hancock Square at Arlington Station in the in the Central Business District neighborhood starting from $2,819. The second greatest value Central Business District apartment is the One Bedroom Model at 4 North Apartments starting at $2,052 with a $3.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Hancock Square at Arlington StationB32BR,2BA$2.84
4 North ApartmentsOne Bedroom1BR,1BA$3.00
Dunton Tower ApartmentsStudio Floor Plan S1Studio ,1BA$2.98
Hawthorne ApartmentsOne Bedroom1BR,1BA$2.67

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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Pet Friendly Lifestyle
Central Business District, Arlington Heights, IL

Ranked #1

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,785.

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 Hawthorne 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 $2,744 at Hancock Square at Arlington Station.

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.

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