
Cheap Homes for Rent in Central Business District Arlington Heights, IL from $1,800 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Business District area of Arlington Heights.


1206 E Fairview St, Unit 1206 E Fairview St,
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.

110 S Dunton Ave

1 N Chestnut Ave
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.

200 W Campbell 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 | $1,900 | $1,800 | $2,000 |
| Central Business District 3 Bedroom Homes for Rent | $4,073 | $2,500 | $7,500 |
| Central Business District 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
- Nearby Arlington Heights neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- 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 $1,475. 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 | $1,475 |
| Dunton Tower Apartments | 1 Bedroom Floor Plan A1 | 1BR,1BA | $1,674 |
Best Value Apartments for Rent in Central Business District, IL
As of February 18, 2026 the best value apartment in the Central Business District area is the $2.34 price per square foot 1 Bedroom Floor Plan A2 Model at Dunton Tower Apartments in the in the Central Business District neighborhood starting from $1,874. 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. |
|---|---|---|---|
| Dunton Tower Apartments | 1 Bedroom Floor Plan A2 | 1BR,1BA | $2.34 |
| 1214 E Northwest Hwy, Unit 5 | 1214 E Northwest Hwy | 2BR,1BA | $1.88 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1.97 |
| Hawthorne Apartments | Two Bedroom | 2BR,1BA | $2.57 |
| Euclid Place | 1 Beds, 1 Baths | 1BR,1BA | $2.87 |
| Dryden Homes- 1-21 N Dryden Pl | One Bedroom | 1BR,1BA | $2.07 |
| Hancock Square at Arlington Station | S1 | Studio ,1BA | $2.94 |
| 4 North Apartments | Studio | Studio ,1BA | $3.02 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 #2
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Business District
What type of rentals are currently available in Central Business District?
There are currently 60 Apartments for Rent in Central Business District, IL with pricing that ranges from $1,350 to $2,990. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,800 to $7,500.
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 $7,500 with an average monthly rent of $2,893.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.