Cheap Homes for Rent in Central Business District Arlington Heights, IL from $1,500 (4 Rentals)

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

property at 646 N Kaspar Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Sep 3

646 N Kaspar Ave

Arlington HeightsIL60004
property at 334 W Miner St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

2 Bedroom, 1 Bath Condo for Rent

Available Now

334 W Miner St, Unit 3A

334 W Miner St
Arlington HeightsIL60005

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.

property at 110 S Dunton Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Condo for Rent

Available Now

110 S Dunton Ave, Unit 3I

110 S Dunton Ave
Arlington HeightsIL60005

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Central Business District, Arlington Heights, IL Local Guide

Best Value Apartments for Rent in Central Business District, IL

As of July 04, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
110 S Dunton Ave, Unit 3C110 S Dunton Ave2BR,2BA$2.03
1214 E Northwest Hwy, Unit 51214 E Northwest Hwy2BR,1BA$1.88
214-222 S Pine Ave1BD/1BA1BR,1BA$2.13
Hancock Square at Arlington StationA11BR,1BA$3.06
Dryden Homes- 1-21 N Dryden PlOne Bedroom1BR,1BA$2.07
Hawthorne ApartmentsOne Bedroom1BR,1BA$2.67
Dunton Tower ApartmentsStudio Floor Plan S1Studio ,1BA$3.27
4 North ApartmentsStudioStudio ,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.

Read Article
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Quick Rent Budget Calculator

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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 Lifestyle
Central Business District, Arlington Heights, IL

Ranked #2

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 Central Business District

What type of rentals are currently available in Central Business District?

There are currently 61 Apartments for Rent in Central Business District, IL with pricing that ranges from $1,300 to $3,179. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,800 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 $1,800 to $4,500 with an average monthly rent of $2,812.

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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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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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.

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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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Articles, How-To's, and Tips

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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.

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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.

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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.

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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.