
Cheap Apartments for Rent in the Armour Square Neighborhood of Chicago, IL from $695 (125 Rentals)
Search the lowest-cost Apartments available for rent right now in the Armour Square area of Chicago.


254 W 31st St

3411 S Ashland Ave, Unit B

Lake Meadows Apartments

Abbott Square - 8143

4721 S. Ellis Avenue

Prairie Shores

Woodlawn Terrace

Prairie CoLiving

Addams 2.0
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4500 S Wood St, Unit 2M

Total Monthly Price
2973 S Lyman St, Unit 2

Lake Grove Village

The Rosie

Total Monthly Price
4011 S Calumet Ave, Unit G

Total Monthly Price
1417 W 19th St, Unit 3R

1407 S Halsted St

4009 S Calumet Ave, Unit G

3547 S Hermitage Ave, Unit Top

The Sutherland
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21st Street Lofts by 3L Living

4611 S Ellis Ave

3306 S Union Ave

802 W 31st St, Unit 2

1917 S May St

Total Monthly Price
1824 S Canalport Ave, Unit 1

3728 S Parnell Ave

1101 W 16th St, Unit 1

4356 S Wells St

827 W 33rd Pl
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4747 S Langley Ave

Total Monthly Price
1918 S Shelby Ct, Unit 2R

4749 S Langley Ave

Eden Commons

Total Monthly Price
1015 W 31st Pl, Unit 1A

1001 W 31st St

Total Monthly Price
3340 S Parnell Ave, Unit 2R

4450 S Wood St

1931 S Peoria St

Total Monthly Price
4557 S Wabash Ave, Unit 2
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3759 S Union Ave

1001 W 16th St, Unit 1R

Total Monthly Price
1001 W 16th St, Unit 1R

4528 S Hermitage Ave

4317 S Michigan Ave, Unit 3A

3607 S King Dr, Unit 3a

Total Monthly Price
1900 S May St, Unit 1F

2024 S Wabash Ave

429 E 45th Pl

Coleman Place At Legends South
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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 | $2,069 | $1,005 | $10,000+ |
| Armour Square 1 Bedroom Apartments | $2,106 | $1,031 | $9,885 |
| Armour Square 2 Bedroom Apartments | $2,603 | $1,000 | $10,000+ |
| Armour Square 3 Bedroom Apartments | $3,070 | $695 | $10,000+ |
| Armour Square 4 Bedroom Apartments | $4,133 | $2,500 | $8,740 |
Browse Apartments in this Neighborhood
There are currently 125 rentals with your search options within a 2 mile radius of the Armour Square Neighborhood of Chicago, IL.
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Armour Square, Chicago, IL Local Guide
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Cheapest Available Armour Square Apartments for Rent
 The cheapest available apartment rental in the Armour Square area of Chicago, IL is a 4 Beds unit found at Coleman Place At Legends South priced from $170. Park Boulevard 3B has the second lowest priced unit, which is a 1 Bed apartment currently listed from $941. Here are the most affordable Armour Square apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Coleman Place At Legends South | The Wells | 4BR,2BA | $170 |
| Park Boulevard 3B | 1 Bedroom - M | 1BR,1BA | $941 |
| Abbott Square - 8143 | 1BR | 1BR,1BA | $1,031 |
| 4721 S. Ellis Avenue | 4721-0ba | Studio,1BA | $1,040 |
| Prairie Shores | Classic Studio | Studio,1BA | $1,084 |
| Woodlawn Terrace | wdtr0ba | Studio,1BA | $1,140 |
| Addams 2.0 | 1BR/8.0BA | 1BR,8BA | $1,150 |
| Prairie CoLiving | Private bedroom with en-suite bathroom | 1BR,1BA | $1,150 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
Best Value Apartments for Rent in Armour Square, IL
As of September 08, 2026 the best value apartment in the Armour Square area is the $1.60 price per square foot 3935 S Wells St Model at 3935 S Wells St, Unit 1 in the in the Douglas neighborhood starting from $4,800. The second greatest value Armour Square apartment is the 3935 S Wells St Model at 3935 S Wells St, Unit 1 starting at $4,800 with a $1.60 price per square foot in the Douglas neighborhood. Here is today’s list of the best values for Armour Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3935 S Wells St, Unit 1 | 3935 S Wells St | 4BR,4BA | $1.60 |
| 3935 S Wells St, Unit 1 | 3935 S Wells St | 4BR,4BA | $1.60 |
| 2010 S. Wabash Ave | 5B2B | 5BR,2BA | $1.67 |
| 3143-3149 S Morgan St | 2 Beds, 1 Baths | 2BR,1BA | $1.60 |
| 925 East 46th Street | 925-3bb | 3BR,2BA | $1.42 |
| 4208 S Michigan Ave | 3 bedroom / 1 Bath | 3BR,1BA | $1.42 |
| Coleman Place At Legends South | The Burnham | 1BR,1BA | $1.20 |
| 1417 W 19th St, Unit 3R | 1417 W 19th St | 1BR,1BA | $1.73 |
| 2973 S Lyman St, Unit 2 | 2973 S Lyman St | 1BR,1BA | $1.71 |
| Abbott Square - 8143 | 1BR | 1BR,1BA | $1.54 |
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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 #36
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
Minnie Minoso Academy
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 $1,218.
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 $914, while the average apartment in Armour Square costs $2,167.
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 98 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 $627 which is $1,540 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.
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