
Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $900 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Arlington Heights.


7 N Dryden Pl

5 N Dryden Pl
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
Central Business District, Arlington Heights, IL Local Guide

How much does it cost to rent an apartment in Central Business District?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Business District Studio Apartments | $2,135 | $1,700 | $2,805 |
Central Business District 1 Bedroom Apartments | $2,431 | $1,650 | $5,337 |
Central Business District 2 Bedroom Apartments | $2,946 | $1,895 | $5,996 |
Central Business District 3 Bedroom Apartments | $2,779 | $2,779 | $2,779 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Central Business District Neighborhood of Arlington Heights, IL.
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Central Business District, Arlington Heights, IL Local Guide
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Cheapest Available Central Business District Apartments for Rent
 The cheapest available apartment rental in the Central Business District area of Chicago, IL is a Studio unit found at 4 North Apartments priced from $1,700. Hancock Square at Arlington Station has the second lowest priced unit, which is a Studio apartment currently listed from $1,751. Here are the most affordable Central Business District apartments for rent in Chicago, IL:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4 North Apartments | Studio | Studio,1BA | $1,700 |
Hancock Square at Arlington Station | S1 | Studio,1BA | $1,751 |
Willow Bend Apartments | Yorkshire | 1BR,1BA | $1,757 |
Best Value Apartments for Rent in Central Business District, IL
As of March 30, 2025 the best value apartment in the Central Business District area is the $1.78 price per square foot 2 Bedroom/1.5 Baths Model at Circle Hill Apartments in the in the Central Business District neighborhood starting from $1,800. The second greatest value Central Business District apartment is the King Charles Model at Willow Bend Apartments starting at $2,151 with a $2.15 price per square foot in the Central Business District neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Circle Hill Apartments | 2 Bedroom/1.5 Baths | 2BR,1.5BA | $1.78 |
Willow Bend Apartments | King Charles | 2BR,1.5BA | $2.15 |
Central Park East | A3 | 1BR,1BA | $2.69 |
Dunton Tower Apartments | 1 Bedroom Floor Plan A2 | 1BR,1BA | $2.73 |
Hancock Square at Arlington Station | A1 | 1BR,1BA | $3.12 |
4 North Apartments | Studio | Studio ,1BA | $2.69 |
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Pet Friendly LifestyleCentral Business District, Arlington Heights, IL
Ranked #2
Among neighborhoods in Arlington Heights, IL for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Central Business District Apartments
How much is rent for a Cheap One Bedroom Central Business District Apartment?
The lowest price for a Cheap One Bedroom Central Business District Apartment is $1,757 at Willow Bend Apartments.
What is the lowest price for a Cheap Two Bedroom Central Business District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Business District is starting from $1,800 at Circle Hill Apartments.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
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With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.