
Cheap Homes for Rent in the Downtown Arlington Heights Neighborhood of Arlington Heights, IL from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Arlington Heights area of Arlington Heights.

Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

205 W Miner St
Rent According to Income: A Look at Income-Restricted Rentals
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518 W Miner St, Unit 2G
Downtown Arlington Heights, Arlington Heights, IL Local Guide

How much does it cost to rent a home in Downtown Arlington Heights?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Arlington Heights 2 Bedroom Homes for Rent | $2,450 | $2,100 | $2,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Downtown Arlington Heights, IL
As of July 26, 2026 the best value apartment in the Downtown Arlington Heights area is the $1.87 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 $2,300. The second greatest value Downtown Arlington Heights apartment is the 1BD/1BA Model at 214-222 S Pine Ave starting at $1,575 with a $2.10 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 | $1.87 |
| 214-222 S Pine Ave | 1BD/1BA | 1BR,1BA | $2.10 |
| Hancock Square at Arlington Station | A1 | 1BR,1BA | $3.17 |
| Dunton Tower Apartments | Studio Floor Plan S1 | Studio ,1BA | $3.19 |
| 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 Downtown Arlington Heights
What type of rentals are currently available in Downtown Arlington Heights?
There are currently 48 Apartments for Rent in Downtown Arlington Heights, IL with pricing that ranges from $1,575 to $3,100. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Arlington Heights ranging from $1,500 to $2,800.
What is the current price range for Rental Homes in Downtown Arlington Heights?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Arlington Heights ranges from $1,500 to $2,800 with an average monthly rent of $2,073.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.