431 E Oakwood Blvd
ChicagoIL60653
Cheap Homes for Rent in Armour Square Neighborhood of Chicago, IL from $900 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Armour Square area of Chicago.
Room in Shared 4 bed/2.5 bath home, Unit A
1928 S Young Pkwy
ChicagoIL60616
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$1,1802 Bedroom Apartments Available Now
3662 S Paulina St, Unit 1F
3662 S Paulina StChicago, IL 60609
4021 S Ellis Ave
ChicagoIL60653
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$1,2802 Bedroom Apartments Available Now
1228 W 33rd St, Unit 1
1228 W 33rd StChicago, IL 60608
1714 W 46th St
ChicagoIL60609
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$1,3002 Bedroom Apartments Available Now
2906 S Wells St, Unit 2
2906 S Wells StChicago, IL 60616
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.
937 W 33rd Pl
ChicagoIL60608
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$1,3502 Bedroom Apartments Available Jul 1
832 W 34th Pl, Unit 2
832 W 34th PlChicago, IL 60608
4558 S Justine St
ChicagoIL60609
1901 S Ruble St
ChicagoIL60616
4332 S Hermitage Ave
ChicagoIL60609
59 E 37th Pl
ChicagoIL60653
2605 S Indiana Ave
ChicagoIL60616
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.
2000 S May St
ChicagoIL60608
4553 S Michigan Ave
ChicagoIL60653
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$1,5503 Bedroom Apartments Available Jul 1
254 W 31st St, Unit 3
254 W 31st StChicago, IL 60616
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$1,5502 Bedroom Apartments Available Now
1639 W 38th Pl, Unit BR
1639 W 38th PlChicago, IL 60609
1732 W 17th St, Unit 1RFB
1732 W 17th St
ChicagoIL60608
1656 S Throop St
ChicagoIL60608
1014 W 19th St
ChicagoIL60608
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.
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$1,6752 Bedroom Apartments Available Now
2008 S Loomis St, Unit 1R
2008 S Loomis StChicago, IL 60608
4529 S Drexel Blvd
ChicagoIL60653
1503 W 19th St, Unit 4R
1503 W 19th St
ChicagoIL60608
1644 W Cermak Rd
ChicagoIL60608
3212 S Wallace St
ChicagoIL60616
3324 S May St
ChicagoIL60608
1659 W 21st St, Unit 2R
1659 W 21st St
ChicagoIL60608
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.
4740 S Prairie Ave
ChicagoIL60615
Showing Results 1-29, Page 1 of 1
Armour Square, Chicago, IL Local Guide
How much does it cost to rent a home in Armour Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Armour Square 2 Bedroom Homes for Rent | $2,832 | $1,295 | $4,100 |
| Armour Square 3 Bedroom Homes for Rent | $2,994 | $1,300 | $4,650 |
| Armour Square 4 Bedroom Homes for Rent | $5,488 | $1,010 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 29 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
- Nearby Chicago neighborhoods
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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. 4720 S Drexel has the second lowest priced unit, which is a Studio apartment currently listed from $1,005. 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 |
| 4720 S Drexel | Studio Apartment | Studio,1BA | $1,005 |
| Lake Meadows Apartments | lakem2-0b1a | Studio,1BA | $1,015 |
| 4721 S. Ellis Avenue | ells0bB | Studio,1BA | $1,040 |
| Woodlawn Terrace | wdtr0ba | Studio,1BA | $1,140 |
| 4455 S. Greenwood Avenue | 4455-0bA | Studio,1BA | $1,195 |
| Lake Grove Village | 1B | 1BR,1BA | $1,218 |
Best Value Apartments for Rent in Armour Square, IL
As of June 11, 2026 the best value apartment in the Armour Square area is the $1.18 price per square foot 1901 S May St Model at 1901 S May St, Unit 1 in the in the University Village neighborhood starting from $3,000. The second greatest value Armour Square apartment is the Apartment 3 Bedroom Model at 1935 S Canalport Ave starting at $1,825 with a $0.93 price per square foot in the South Loop 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. |
|---|---|---|---|
| 1901 S May St, Unit 1 | 1901 S May St | 3BR,2.5BA | $1.18 |
| 1935 S Canalport Ave | Apartment 3 Bedroom | 3BR,2.5BA | $0.93 |
| 903 W 35th St, Unit 3 | 903 W 35th St | 4BR,2BA | $1.52 |
| 3351 S Union Ave, Unit 1 | 3351 S Union Ave | 3BR,1BA | $1.70 |
| 2914 S Quinn St, Unit 2nd floor | 2914 S Quinn St | 2BR,1BA | $1.05 |
| 2820 S Short St | 2820 S Short St | 2BR,1BA | $1.65 |
| 240 W 24th St, Unit 1R | 240 W 24th St | 3BR,1BA | $1.59 |
| Coleman Place At Legends South | The Burnham | 1BR,1BA | $1.20 |
| 1724 S Ashland Ave, Unit 3L | 1724 S Ashland Ave | Studio ,1BA | $1.64 |
| 4720 S Drexel | Studio Apartment | Studio ,1BA | $1.81 |
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.
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Best 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.
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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.
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Pet Friendly LifestyleArmour Square, Chicago, IL
Ranked #46
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 (1193)
8 out of 10
Air Force Academy High School
City Of Chicago School District 299
Public School - Grades 9-12 (130)
3 out of 10
Evergreen Academy Middle School
City Of Chicago School District 299
Public School - Grades 6-8 (188)
6 out of 10
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 1284 Apartments for Rent in Armour Square, IL with pricing that ranges from $900 to $16,274. There are also 190 Single Family Homes for rent, Condos, and Townhome rentals currently available in Armour Square ranging from $995 to $12,000.
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 $995 to $12,000 with an average monthly rent of $3,092.
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 $1,500 to $7,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $4,650. Four Bedroom Single-Family rentals are also available starting from $1,010 and Four Bedroom Apartments start at $2,200.
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.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.