
Cheap Apartments for Rent in the Downtown Arlington Heights Neighborhood of Arlington Heights, IL from $1,300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Arlington Heights area of Arlington Heights.


Hancock Square at Arlington Station

Dunton Tower Apartments

214-222 S Pine Ave

Salem Lane Apartments

Metro Lofts
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.

Salem Lane Apartments

121 W Campbell St

Wing Street Condominium

Campbell Courte

12 E Northwest Hwy

217-231 S Arlington Heights Rd
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.

314 W Miner St

315 SALEM LLC

Hawthorne Apartments

Euclid Place

The Point at Euclid Apartments

Hawthorne Apartments
Cash 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.
Downtown Arlington Heights, Arlington Heights, IL Local Guide

How much does it cost to rent an apartment in Downtown Arlington Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Arlington Heights Studio Apartments | $1,940 | $1,700 | $2,037 |
| Downtown Arlington Heights 1 Bedroom Apartments | $2,081 | $1,600 | $2,446 |
| Downtown Arlington Heights 2 Bedroom Apartments | $2,728 | $1,950 | $3,179 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Arlington Heights Neighborhood of Arlington Heights, IL.
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Downtown Arlington Heights, Arlington Heights, IL Local Guide
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Cheapest Available Downtown Arlington Heights Apartments for Rent
 The cheapest available apartment rental in the Downtown Arlington Heights area of Arlington Heights, IL is a 1 Bed unit found at 214-222 S Pine Ave priced from $1,600. Hawthorne Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,600. Here are the most affordable Downtown Arlington Heights apartments for rent in Arlington Heights, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $1,600 |
| Hawthorne Apartments | One Bedroom | 1BR,1BA | $1,600 |
| 4 North Apartments | Studio | Studio,1BA | $1,700 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio,1BA | $1,972 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $2,027 |
Best Value Apartments for Rent in Downtown Arlington Heights, IL
As of July 09, 2026 the best value apartment in the Downtown Arlington Heights 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 Downtown Arlington Heights 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 Downtown Arlington Heights 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 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $2.99 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio ,1BA | $3.29 |
| Hawthorne Apartments | One Bedroom | 1BR,1BA | $2.67 |
| 4 North Apartments | Studio | Studio ,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.
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 LifestyleDowntown Arlington Heights, Arlington Heights, IL
Ranked #1
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Arlington Heights Apartments
What is the Cheapest Studio apartment in Downtown Arlington Heights?
Currently the most affordable Cheap Studio Apartment in Downtown Arlington Heights is at 4 North Apartments listed at $1,700.
How much is rent for a Cheap One Bedroom Downtown Arlington Heights Apartment?
The lowest price for a Cheap One Bedroom Downtown Arlington Heights Apartment is $1,600 at 214-222 S Pine Ave.
What is the lowest price for a Cheap Two Bedroom Downtown Arlington Heights Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Arlington Heights is starting from $1,800 at Hawthorne Apartments.
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

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.

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.

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.