Cheap Apartments for Rent in the Downtown Arlington Heights Neighborhood of Arlington Heights, IL from $1,300 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Arlington Heights area of Arlington Heights.

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Salem Lane Apartments
1 to 3 Bedroom Apartments

Salem Lane Apartments

211 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

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.

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Salem Lane Apartments
1 to 3 Bedroom Apartments

Salem Lane Apartments

202-222 N Salem AveArlington Heights, IL 60005
  • Smoke Free
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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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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

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.

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314 W Miner St
1 to 2 Bedroom Apartments

314 W Miner St

314 W Miner StArlington Heights, IL 60005
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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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Euclid Place
1 to 3 Bedroom Apartments

Euclid Place

501 W Euclid AveArlington Heights, IL 60004
  • Utilities Included
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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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Hawthorne Apartments
1 to 2 Bedroom Apartments

Hawthorne Apartments

1114-1120 W Hawthorne StArlington Heights, IL 60005

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

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 2 Beds apartment currently listed from $1,800. Here are the most affordable Downtown Arlington Heights apartments for rent in Arlington Heights, IL:

Apartment ListingModel NameBed/BathPriced From
214-222 S Pine Ave1BD/1BA1BR,1BA$1,600
Hawthorne ApartmentsTwo Bedroom2BR,1BA$1,800
Hancock Square at Arlington StationA11BR,1BA$1,854
4 North Apartments1 Bedroom1BR,1BA$2,000

Best Value Apartments for Rent in Downtown Arlington Heights, IL

As of May 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
110 S Dunton Ave, Unit 3C110 S Dunton Ave2BR,2BA$2.03
214-222 S Pine Ave1BD/1BA1BR,1BA$2.13
4 North Apartments1 Bedroom1BR,1BA$2.70
Hawthorne ApartmentsTwo Bedroom2BR,1BA$2.57
Hancock Square at Arlington StationA11BR,1BA$3.00

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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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.

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Pet Friendly Lifestyle
Downtown Arlington Heights, Arlington Heights, IL

Ranked #2

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Arlington Heights Apartments

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.