close
View Me
Cheap Apartments for Rent in the Armour Square Neighborhood of Chicago, IL from $700 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in the Armour Square area of Chicago.
close
View Me
close
View Me
$1,014 - $10,902Studio to 3 Bedroom Apartments Available Now
Prairie Shores
2937 South King DrChicago, IL 60616
close
View Me
$1,025Studio to 2 Bedroom Apartments Available Now
4720 S Drexel Blvd
4720 S Drexel BlvdChicago, IL 60615
close
View Me
$1,030 - $3,960Studio to 3 Bedroom Apartments Available Now
Lake Meadows Apartments
3233 S KingChicago, IL 60616
close
View Me
$1,100 - $2,840Studio to 2 Bedroom Apartments Available Now
Woodlawn Terrace
4726-4740 S Woodlawn AveChicago, IL 60615
close
View Me
close
View Me
$1,1202 Bedroom Apartments Available Nov 7
4431 S Marshfield Ave
4431 S Marshfield AveChicago, IL 60609
close
View Me
close
View Me
$1,147 - $1,6631 to 4 Bedroom Apartments Available Now
McCormick CoLiving
2401 S State StChicago, IL 60616
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
close
View Me
close
View Me
close
View Me
4752 S Wabash Ave
ChicagoIL60615
close
View Me
close
View Me
$1,218 - $1,8701 to 3 Bedroom Apartments Available Now
Lake Grove Village
3555 S Cottage Grove AveChicago, IL 60653
close
View Me
$1,3002 Bedroom Apartment Available Now
3353 S Emerald Ave, Unit 1st floor Back apartment
3353 S Emerald AveChicago, IL 60616
3759 S Union Ave
ChicagoIL60609
close
View Me
$1,318 - $2,274Studio to 4 Bedroom Apartments Available Now
Eden Commons
2701 S Indiana AveChicago, IL 60616
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
1407 S Michigan Ave
ChicagoIL60605
close
View Me
$1,4001 Bedroom Apartment Available Now
2821 S Emerald Ave, Unit 1F
2821 S Emerald AveChicago, IL 60616
520 W 44th Pl
ChicagoIL60609
4401 S Michigan Ave
ChicagoIL60653
close
View Me
$1,525 - $2,440Studio to 3 Bedroom Apartments Available Nov 8
4721 S. Ellis Avenue
4721-4729 S Ellis AveChicago, IL 60615
close
View Me
1724 W 33rd Pl
ChicagoIL60608
close
View Me
$1,614 - $5,124Studio to 2 Bedroom Apartments Available Now
The Rosie
1461 S Blue Island AveChicago, IL 60608
close
View Me
$1,650 - $3,520Studio to 2 Bedroom Apartments Available Now
The Sutherland
4659 S Drexel BlvdChicago, IL 60653
close
View Me
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!
1025 W Cullerton St
ChicagoIL60608
3252 S Morgan St
ChicagoIL60608
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,735 | $1,014 | $3,580 |
| Armour Square 1 Bedroom Apartments | $1,942 | $900 | $7,519 |
| Armour Square 2 Bedroom Apartments | $2,325 | $1,120 | $6,565 |
| Armour Square 3 Bedroom Apartments | $2,991 | $800 | $7,859 |
| Armour Square 4 Bedroom Apartments | $2,007 | $1,160 | $9,280 |
Browse Apartments in this Neighborhood
There are currently 71 rentals with your search options within a 2 mile radius of the Armour Square Neighborhood of Chicago, IL.
See all Apartments in ChicagoExplore Chicago
Armour Square, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Armour Square Apartments for Rent
The cheapest available apartment rental in the Armour Square area of Chicago, IL is a Studio unit found at Prairie Shores priced from $1,014. 4720 S Drexel Blvd has the second lowest priced unit, which is a Studio apartment currently listed from $1,025. Here are the most affordable Armour Square apartments for rent in Chicago, IL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Shores | Classic Studio | Studio,1BA | $1,014 |
| 4720 S Drexel Blvd | Studio Apartment | Studio,1BA | $1,025 |
| Lake Meadows Apartments | lakem8-0b1b | Studio,1BA | $1,030 |
| Prairie CoLiving | Private bedroom with en-suite bathroom | 1BR,1BA | $1,122 |
| McCormick CoLiving | Ensuite | 4BR,3BA | $1,147 |
| Woodlawn Terrace | wdlw0bDr | Studio,1BA | $1,175 |
| The Pershing | 1 bed | 1BR,1BA | $1,180 |
| Addams Coliving | Unit 316 | 4BR,3BA | $1,190 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
Best Value Apartments for Rent in Armour Square, IL
As of November 06, 2025 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 |
| 2971 S Archer Ave, Unit Comm | 2971 S Archer Ave | 6BR,3BA | $1.59 |
| 1935 S Canalport Ave | Apartment 3 Bedroom | 3BR,2.5BA | $0.93 |
| 1822 S Throop St, Unit 1F | 1822 S Throop St | 3BR,2.5BA | $1.58 |
| 1016 W Cullerton St, Unit 1F | 1016 W Cullerton St | 2BR,1BA | $1.33 |
| 1016 W Cullerton St, Unit 1F | 1016 W Cullerton St | 2BR,1BA | $1.33 |
| 3119 S Morgan St, Unit 2N | 3119 S Morgan St | 3BR,1BA | $1.60 |
| 2893 S Archer Ave, Unit 3 | 2893 S Archer Ave | 3BR,1BA | $1.46 |
| 3153 S May St, Unit 1R | 3153 S May St | 2BR,1BA | $1.60 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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.
Let everyone know!
Do you know the Armour Square area?
If you’re an expert on all things Armour Square, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleArmour Square, Chicago, IL
Ranked #41
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
City Of Chicago School District 299
Public School - Grades PK-8 (1222)
9 out of 10
Air Force Academy High School
City Of Chicago School District 299
Public School - Grades 9-12 (144)
3 out of 10
Evergreen Academy Middle School
City Of Chicago School District 299
Public School - Grades 6-8 (204)
5 out of 10
School data provided by Great Schools
Getting Around the Armour Square Neighborhood in Chicago, IL
Walk Score®
85 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
70 / 100
Excellent Transit
Transit is convenient for most trips
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Prairie CoLiving which is listed at $1,122, while the average apartment in Armour Square costs $17,570.
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 151 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 $669 which is $16,901 cheaper than the average rent for all rentals in Armour Square.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.