Cheap Homes for Rent in Central Business District Arlington Heights, IL from $1,300 (2 Rentals)

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

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

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Central Business District, Arlington Heights, IL Local Guide

Best Value Apartments for Rent in Central Business District, IL

As of March 28, 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$2.72
4 North ApartmentsStudioStudio ,1BA$2.69
Hancock Square at Arlington StationS1Studio ,1BA$3.07

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Frequently Asked Questions about Central Business District

What type of rentals are currently available in Central Business District?

There are currently 63 Apartments for Rent in Central Business District, IL with pricing that ranges from $1,650 to $6,115. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Business District ranging from $1,300 to $3,000.

What is the current price range for Rental Homes in Central Business District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Business District ranges from $1,300 to $3,000 with an average monthly rent of $2,033.

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.