Cheap Homes for Rent in Arlington Heights, IL from $1,200 (45 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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property at 1 Renaissance Pl

$1,550 - $2,220

1 To 2 Bedroom Rentals

Available Now

1 Renaissance Pl

PalatineIL60067
property at 1227 E Long Valley Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

2 Bedroom, 1 Bath Condo for Rent

Available Feb 27

1227 E Long Valley Dr, Unit 1A

1227 E Long Valley Dr
PalatineIL60074

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 1453 N Winslowe Dr

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750
Total Monthly Price
$1,750

2 Bedroom, 1 Bath Condo for Rent

Available Now

1453 N Winslowe Dr, Unit 303

1453 N Winslowe Dr
PalatineIL60074

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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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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property at 1 N Chestnut Ave

$2,000 - $2,500

1 To 2 Bedroom Rentals

Available Now

1 N Chestnut Ave

Arlington HeightsIL60005

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 1-45, Page 1 of 1

Arlington Heights, IL Local Guide

Cheapest Neighborhoods for Apartments in Arlington Heights, IL

Pricing Updated: 02/18/2026

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$2,567$1,40034

Cheapest Available Arlington Heights Apartments for Rent

 

The cheapest available apartment rental in Arlington Heights, IL is a Studio unit found at Fleetwood Center in the Pleasant Hill neighborhood priced from $1,100. 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 $1,295. Here is today’s list of the most affordable Arlington Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fleetwood CenterStudioStudio,1BA$1,100
Dryden Homes- 1-21 N Dryden PlOne Bedroom1BR,1BA$1,295
Plum GroveTwo Room StudioStudio,1BA$1,300
The Preserve at WoodfieldElk1BR,1BA$1,360
Centennial NorthNorth1BR,1BA$1,360
The Eclipse at 1450Willow1BR,1BA$1,361
Orion ProspectEdison1BR,1BA$1,375
Orion ParkViewMonroe1BR,1BA$1,418
The Element1 Bed 1 Bath Cottonwood B Renovated1BR,1BA$1,450
Mount Prospect Greens1x1BR - Renovated Arlington1BR,1BA$1,459

Best Value Apartments for Rent in Arlington Heights, IL

As of February 18, 2026 the best value apartment in the Arlington Heights area is the $1.81 price per square foot D1 - 3 Bed, 2 Bath Model at Albion on Lake Cook in the in the Cherrybrook Village neighborhood starting from $2,432. The second greatest value Arlington Heights apartment is the Algonquin Model at The Preserve at Woodfield starting at $2,255 with a $1.73 price per square foot in the Des Plaines Arlington Hts Corridor 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 CookD1 - 3 Bed, 2 Bath3BR,2BA$1.81
The Preserve at WoodfieldAlgonquin3BR,2BA$1.73
Union Apartments3 Bedroom3BR,2BA$1.80
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
1525 Norway Ln, Unit 3b1525 Norway Ln2BR,1BA$1.60
903 E Ardyce Ln, Unit #2903 E Ardyce Ln2BR,1BA$1.80
Mount Prospect Greens2x1AR - Renovated Evanston2BR,1BA$1.91
Mallard LakeGeneva1BR,1BA$1.96
1214 E Northwest Hwy, Unit 51214 E Northwest Hwy2BR,1BA$1.88
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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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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Frequently Asked Questions about Arlington Heights

What type of rentals are currently available in Arlington Heights?

There are currently 509 Apartments for Rent in Arlington Heights, IL with pricing that ranges from $1,061 to $13,748. There are also 127 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arlington Heights ranging from $1,275 to $7,500.

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 $1,275 to $7,500 with an average monthly rent of $2,938.

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 $13,748, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,995 and Four Bedroom Apartments start at $1,061.

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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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.

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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.

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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.

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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.