Cheap Homes for Rent in Armour Square Neighborhood of Chicago, IL from $900 (33 Rentals)

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Search the lowest-cost Homes available for rent right now in the Armour Square area of Chicago.

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property at 3638 S King Dr

3638 S King Dr

ChicagoIL60653

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Armour Square, Chicago, IL Local Guide

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 $1,015. 4721 S. Ellis Avenue has the second lowest priced unit, which is a Studio apartment currently listed from $1,015. Here are the most affordable Armour Square apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Prairie ShoresClassic StudioStudio,1BA$1,015
4721 S. Ellis Avenueells0bdStudio,1BA$1,015
4720 S Drexel BlvdStudio ApartmentStudio,1BA$1,040
Lake Meadows Apartmentslakem9-0b1bStudio,1BA$1,099
Lake Grove Village1B1BR,1BA$1,100
2423 S State1 Bedroom 1 Bathroom in Shared Space1BR,1BA$1,122
2401 S StateEnsuite1BR,1BA$1,147
Woodlawn Terracewdlw0bDrStudio,1BA$1,165
The Pershing1 bed1BR,1BA$1,180
Addams ColivingUnit 3164BR,3BA$1,190

Best Value Apartments for Rent in Armour Square, IL

As of September 13, 2025 the best value apartment in the Armour Square area is the $1.67 price per square foot 3935 S Wells St Model at 3935 S Wells St, Unit 1 in the in the Douglas neighborhood starting from $5,000. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.67
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
1643 S Throop St, Unit 3R1643 S Throop St3BR,1BA$1.55
1822 S Throop St, Unit 2F1822 S Throop St3BR,2BA$1.66
1822 S Throop St, Unit 2F1822 S Throop St3BR,2BA$1.66
4455 S. Greenwood Avenue4455-2bA2BR,1BA$1.55
2877 S Throop St, Unit 2F2877 S Throop St3BR,2BA$1.71
2820 S Short St, Unit 1st Floor Front2820 S Short St2BR,1BA$1.60
3037 S Parnell Ave, Unit 13037 S Parnell Ave3BR,1BA$1.20
3338 S May St, Unit 2R3338 S May St2BR,1BA$1.59

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Armour Square, Chicago, IL

Ranked #42

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Armour Square, Chicago, IL

School data provided by Great Schools

Frequently Asked Questions about Armour Square

What type of rentals are currently available in Armour Square?

There are currently 1289 Apartments for Rent in Armour Square, IL with pricing that ranges from $900 to $17,211. There are also 287 Single Family Homes for rent, Condos, and Townhome rentals currently available in Armour Square ranging from $910 to $8,250.

What is the current price range for Rental Homes in Armour Square?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Armour Square ranges from $910 to $8,250 with an average monthly rent of $2,801.

How much are larger Three and Four Bedroom Rentals in Armour Square?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Armour Square range from $1,200 to $12,581, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,499. Four Bedroom Single-Family rentals are also available starting from $910 and Four Bedroom Apartments start at $1,160.

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.

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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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.