
Cheap Homes for Rent in Central Business District Arlington Heights, IL from $1,300 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Arlington Heights.

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.

7 N Dryden Pl
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.

819 E Miner St
Central Business District, Arlington Heights, IL Local Guide

How much does it cost to rent a home in Central Business District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Business District 2 Bedroom Homes for Rent | $1,850 | $1,550 | $2,000 |
| Central Business District 3 Bedroom Homes for Rent | $3,065 | $2,350 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Arlington Heights, IL.
Explore Arlington Heights
Central Business District, Arlington Heights, IL Local Guide
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Best Value Apartments for Rent in Central Business District, IL
As of May 20, 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 1BD/1BA Model at 214-222 S Pine Ave starting at $1,600 with a $2.13 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. |
|---|---|---|---|
| 110 S Dunton Ave, Unit 3C | 110 S Dunton Ave | 2BR,2BA | $2.03 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $2.13 |
| 4 North Apartments | 1 Bedroom | 1BR,1BA | $2.70 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $2.57 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $2.90 |
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $2.07 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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.
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
3.5Pet Friendly
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 62 Apartments for Rent in Central Business District, IL with pricing that ranges from $1,300 to $3,412. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,350 to $4,500.
What is the current price range for Rental Homes in Central Business District?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Business District ranges from $1,350 to $4,500 with an average monthly rent of $2,177.
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
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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
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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.

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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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.