
Cheap Apartments for Rent in the Armour Square Neighborhood of Chicago, IL from $700 (129 Rentals) Page 2 of 3
Search the lowest-cost Apartments available for rent right now in the Armour Square area of Chicago.


1709 S Racine Ave

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

3136 S Prairie Ave

3549 S King Dr

1935 S Jefferson St

4611 South Drexel Blvd

Total Monthly Price
4437 S Prairie Ave, Unit 1

2921 S Michigan Ave, Unit #103

Total Monthly Price
4557 S Wabash Ave, Unit 2
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

Total Monthly Price
3232 S King Dr, Unit 3

Coleman Place At Legends South

Hyde Park / Kenwood

Hilliard Towers Family One

Drexel Investments, LLC

Rosenwald Courts

Paul G Stewart Center

4013-4015 S Calumet Ave

4720 S Drexel

Hilliard Towers Family II
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Lake Park Crescent Apartments

1809 S Carpenter St

4621 S Ashland Ave

1810 S Throop St

McCormick CoLiving

The Bronzeville Vincennes

435 E Oakwood Blvd

3643 S Hermitage Ave

The Pershing

4455 S. Greenwood Avenue
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

4351 S Honore St

Lake Park Manor

431 E Oakwood Blvd

Hilliard Towers Senior Apartments

Hilliard Towers Senior Apartments One

Greenwood Park Apartments

Bridgeport

Oakwood Apartments

938 W 34th St

1714 W 46th St
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.

4558 S Justine St

1912 S Throop St

1417 W Cullerton St

4750 E Calumet

561 W 18th St

1712 W 33rd Pl

601 E 32nd St

McClellan Apartments

Maple Court

1243 W 32nd St
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.
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 | $1,727 | $1,040 | $3,439 |
| Armour Square 1 Bedroom Apartments | $2,083 | $1,150 | $9,805 |
| Armour Square 2 Bedroom Apartments | $2,499 | $1,195 | $10,000+ |
| Armour Square 3 Bedroom Apartments | $2,998 | $1,450 | $8,461 |
| Armour Square 4 Bedroom Apartments | $3,672 | $2,200 | $8,740 |
Browse Apartments in this Neighborhood
There are currently 129 rentals with your search options within a 2 mile radius of the Armour Square Neighborhood of Chicago, IL.
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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 $1,219.
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 $14,006.
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 84 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 $563 which is $13,443 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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I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.

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Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.

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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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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.