Cheap Apartments for Rent in the Central Business District Arlington Heights, IL from $900 (8 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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214-222 S Pine Ave
1 to 2 Bedroom Apartments

214-222 S Pine Ave

214-222 S Pine AveArlington Heights, IL 60005
  • Utilities Included
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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

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

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 ListingModel NameBed/BathPriced From
4 North ApartmentsStudioStudio,1BA$1,700
Hancock Square at Arlington StationS1Studio,1BA$1,751
Willow Bend ApartmentsYorkshire1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Hill Apartments2 Bedroom/1.5 Baths2BR,1.5BA$1.78
Willow Bend ApartmentsKing Charles2BR,1.5BA$2.15
Central Park EastA31BR,1BA$2.69
Dunton Tower Apartments1 Bedroom Floor Plan A21BR,1BA$2.73
Hancock Square at Arlington StationA11BR,1BA$3.12
4 North ApartmentsStudioStudio ,1BA$2.69

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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

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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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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.

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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.