
Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $900 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Business District area of Arlington Heights.


Dunton Tower Apartments

4 North Apartments

Central Park East

Circle Hill Apartments

The Point at Euclid Apartments

217-231 S Arlington Heights Rd

Willow Bend Apartments
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 | $1,964 | $1,700 | $2,780 |
Central Business District 1 Bedroom Apartments | $2,356 | $1,650 | $5,358 |
Central Business District 2 Bedroom Apartments | $2,935 | $1,950 | $6,269 |
Central Business District 3 Bedroom Apartments | $2,676 | $2,676 | $2,676 |
Browse Apartments in this Neighborhood
There are currently 23 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 $1,722. 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 | $1,722 |
Willow Bend Apartments | Yorkshire | 1BR,1BA | $1,731 |
Central Park East | A2 | 1BR,1BA | $1,908 |
Dunton Tower Apartments | 1 Bedroom Floor Plan A1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Willow Bend Apartments | Bichon | 2BR,1.5BA | $2.06 |
Central Park East | A3 | 1BR,1BA | $2.69 |
Dunton Tower Apartments | 1 Bedroom Floor Plan A2 | 1BR,1BA | $2.62 |
4 North Apartments | Studio | Studio ,1BA | $2.69 |
Hancock Square at Arlington Station | S1 | Studio ,1BA | $2.83 |
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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
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.

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
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.

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.

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.