Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $900 (23 Rentals)

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

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Dryden Apartments
1 Bedroom Apartments

Dryden Apartments

1 N Dryden PlArlington Heights, IL 60004
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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 Bedroom Apartments

Euclid Place

501 W Euclid AveArlington Heights, IL 60004
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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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Salem Lane Apartments
1 to 3 Bedroom Apartments

Salem Lane Apartments

202-222 N Salem AveArlington Heights, IL 60005
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214-222 S Pine Ave
1 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
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JHO Apartments
1 to 2 Bedroom Apartments

JHO Apartments

27-29 N Dryden PlArlington Heights, IL 60004
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121 W Campbell St
1 Bedroom Apartments

121 W Campbell St

121 W Campbell StArlington Heights, IL 60005
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Campbell Courte
1 Bedroom Apartments

Campbell Courte

200 W Campbell StArlington Heights, IL 60005
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luther village
2 Bedroom Apartments

luther village

1225-1285 Luther LnArlington Heights, IL 60004
Senior Living
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314 W Miner St
1 Bedroom Apartments

314 W Miner St

314 W Miner 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
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101-111 N Lincoln Ln
2 Bedroom Apartments

101-111 N Lincoln Ln

101-111 N Lincoln LnArlington Heights, IL 60004

Central Business District, Arlington Heights, IL Local Guide

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 $1,722. Here are the most affordable Central Business District apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4 North ApartmentsStudioStudio,1BA$1,700
Hancock Square at Arlington StationS1Studio,1BA$1,722
Willow Bend ApartmentsYorkshire1BR,1BA$1,731
Central Park EastA21BR,1BA$1,908
Dunton Tower Apartments1 Bedroom Floor Plan A11BR,1BA$2,040

Best Value Apartments for Rent in Central Business District, IL

As of March 12, 2025 the best value apartment in the Central Business District area is the $2.06 price per square foot Bichon Model at Willow Bend Apartments in the in the Central Business District neighborhood starting from $2,373. The second greatest value Central Business District apartment is the A3 Model at Central Park East starting at $2,520 with a $2.69 price per square foot in the Downtown Mount Prospect neighborhood. Here is today’s list of the best values for Central Business District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Bend ApartmentsBichon2BR,1.5BA$2.06
Central Park EastA31BR,1BA$2.69
Dunton Tower Apartments1 Bedroom Floor Plan A21BR,1BA$2.62
4 North ApartmentsStudioStudio ,1BA$2.69
Hancock Square at Arlington StationS1Studio ,1BA$2.83

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Central Business District, Arlington Heights, IL

Ranked #2

Among neighborhoods in Arlington Heights, IL for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Central Business District Apartments

What is the Cheapest Studio apartment in Central Business District?

Currently the most affordable Cheap Studio Apartment in Central Business District is at 4 North Apartments listed at $1,700.

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 $1,731 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 $2,030 at Hancock Square at Arlington Station.

What is the most affordable Central Business District Three Bedroom Apartment?

The best deal on a cheap Central Business District Three Bedroom Apartment rental is at Willow Bend Apartments and starts from $2,676.

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.

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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.