Cheap Homes for Rent in Arlington Heights, IL from $1,300 (43 Rentals)

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Search the lowest-cost Homes available for rent right now in Arlington Heights.

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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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.

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property at 1 Renaissance Pl

$1,650 - $2,300

1 To 2 Bedroom Rentals

Available Now

1 Renaissance Pl

PalatineIL60067

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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property at 810 E Shady Way

$1,700

2 Bedroom, 2 Bath Condo for Rent

Available Now

810 E Shady Way

Arlington HeightsIL60005

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-43, Page 1 of 1

Arlington Heights, IL Local Guide

Cheapest Neighborhoods for Apartments in Arlington Heights, IL

Pricing Updated: 12/28/2025

Current apartment rentals in the Arlington Heights, IL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Arlington Heights Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Arlington Heights$3,500$2,3006

Cheapest Available Arlington Heights Apartments for Rent

 

The cheapest available apartment rental in Arlington Heights, IL is a Studio unit found at Plum Grove in the Pleasant Hill neighborhood priced from $1,300. Dryden Homes- 1-21 N Dryden Pl in the Downtown Mount Prospect neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,350. Here is today’s list of the most affordable Arlington Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Plum GroveTwo Room StudioStudio,1BA$1,300
Dryden Homes- 1-21 N Dryden PlOne Bedroom1BR,1BA$1,350
Residences at Arlington HeightsThe Meadow1BR,1BA$1,354
The Eclipse at 1450Willow1BR,1BA$1,361
Forest Cove Apartments1 Bedroom Floor Plan A11BR,1BA$1,386
Orion ProspectKenwood1BR,1BA$1,397
Mandalane1A1BR,1BA$1,429
Orion ParkViewColumbus2BR,1BA$1,444
The Element1 Bed 1 Bath Cottonwood A Renovated1BR,1BA$1,445
214-222 S Pine Ave1BD/1BA1BR,1BA$1,475

Best Value Apartments for Rent in Arlington Heights, IL

As of December 29, 2025 the best value apartment in the Arlington Heights area is the $1.71 price per square foot (D1r) 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,295. The second greatest value Arlington Heights apartment is the 3 Bedroom Model at Union Apartments starting at $2,200 with a $1.80 price per square foot in the McHenry Road neighborhood. Here is today’s list of the best values for Arlington Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Albion on Lake Cook(D1r) 3 Bed, 2 Bath3BR,2BA$1.71
Union Apartments3 Bedroom3BR,2BA$1.80
603 S McKinley Ave, Unit 1n603 S McKinley Ave2BR,2BA$1.88
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
116 W Wood St, Unit 3 - Penthouse116 W Wood St2BR,2BA$1.90
Mallard LakeSuperior2BR,2BA$1.92
The Preserve at WoodfieldElk1BR,1BA$1.88
Ashton Arlington Heights1 Bed/1 Bath1BR,1BA$1.94
214-222 S Pine Ave1BD/1BA1BR,1BA$1.97
The Eclipse at 1450Willow1BR,1BA$1.93

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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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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The 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.

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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.

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Quick 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.

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Pet Friendly Lifestyle
Arlington Heights, IL

Ranked #6

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Arlington Heights, IL

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Arlington Heights, IL Rentals by Map

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See the most popular apartments and homes in Arlington Heights, IL

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Arlington Heights, IL Rental Homes Map

Frequently Asked Questions about Arlington Heights

What type of rentals are currently available in Arlington Heights?

There are currently 507 Apartments for Rent in Arlington Heights, IL with pricing that ranges from $675 to $15,829. There are also 139 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arlington Heights ranging from $1,395 to $4,395.

What is the current price range for Rental Homes in Arlington Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arlington Heights ranges from $1,395 to $4,395 with an average monthly rent of $2,571.

How much are larger Three and Four Bedroom Rentals in Arlington Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Arlington Heights range from $1,781 to $13,909, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,670 to $4,395. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $10,000.

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

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.

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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

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.

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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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!