
Cheap 2 Bedroom Apartments for Rent in the Armour Square Neighborhood of Chicago, IL from $1,180 (66 Rentals)


Abbott Square

1228 W 33rd St, Unit 1

4500 S Wood St, Unit 2M

2906 S Wells St, Unit 2

832 W 34th Pl, Unit 2

Total Monthly Price
220 W 33rd St, Unit 2

Total Monthly Price
1018 W 32nd Pl

1832 S May St

Total Monthly Price
1735 W 17th St, Unit 2 R
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Lake Grove Village

260 W 24th St

Total Monthly Price
2345 W 24th St, Unit #1

509 E 44th St

Lake Meadows Apartments

259 W Alexander St, Unit 2

1639 W 38th Pl, Unit BR

1711 S Morgan St

1732 W 17th St, Unit 1RFB

Total Monthly Price
2820 S Short St
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

3600 S Wood St

1800 W 21st Pl, Unit 1

Total Monthly Price
3756 S Paulina St, Unit 1 Frong

Total Monthly Price
2974 S Loomis St, Unit 1st Floor (front building)

3215 S Throop St, Unit 1F

Prairie Shores

Total Monthly Price
3232 S King Dr, Unit 3

Eden Commons

Total Monthly Price
3700 S Michigan Ave, Unit Renovated 2BD/1BA

3405 S Lowe Ave
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Hilliard Towers Family One

4013-4015 S Calumet Ave

Hilliard Towers Family II

Rosenwald Courts

Coleman Place At Legends South

4351 S Honore St

Greenwood Park Apartments

Paul G Stewart Center

938 W 34th St

1714 W 46th St
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1912 S Throop St

Lake Park Crescent Apartments

4750 E Calumet

Lake Park Manor

1417 W Cullerton St

Drexel Investments, LLC

The Pershing

4714-4720 S Michigan Ave

4332 S Hermitage Ave

707 W 28th St
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Armour Square, Chicago, IL Local Guide

How much does it cost to rent an apartment in Armour Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Armour Square Studio Apartments | $1,807 | $1,015 | $8,604 |
| Armour Square 1 Bedroom Apartments | $2,151 | $900 | $8,872 |
Armour Square 2 Bedroom Apartments | $2,658 | $1,180 | $10,000+ |
| Armour Square 3 Bedroom Apartments | $3,308 | $1,374 | $9,501 |
| Armour Square 4 Bedroom Apartments | $3,921 | $2,200 | $8,740 |
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Armour Square, Chicago, IL Local Guide
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Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleArmour Square, Chicago, IL
Ranked #42
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Armour Square, Chicago, IL
Healy Elementary School
Air Force Academy High School
Evergreen Academy Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap Armour Square Apartments
What is a cheap apartment in Armour Square?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Armour Square is under $1,399.
What is the price of a cheap apartment in Armour Square?
The cheapest apartment in Armour Square is Coleman Place At Legends South which is listed at $1,106, while the average apartment in Armour Square costs $16,174.
What types of apartments are the cheapest in Armour Square?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 184 regular apartments in Armour Square that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Armour Square?
Cheap apartments in Armour Square have an average cost of $569 which is $15,605 cheaper than the average rent for all rentals in Armour Square.
Expert Rental Resources
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.
Helpful Local Expert Guides

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.

Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.

Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.

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From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.