Cheap Homes for Rent in Armour Square Neighborhood of Chicago, IL from $600 (49 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
property at 3062 S Lyman St

3062 S Lyman St

ChicagoIL60608

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!

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-49, Page 1 of 1

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 $1,014. 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 ListingModel NameBed/BathPriced From
Prairie ShoresClassic StudioStudio,1BA$1,014
4720 S Drexel BlvdStudio ApartmentStudio,1BA$1,025
Lake Meadows Apartmentslakem8-0b1bStudio,1BA$1,030
Prairie CoLivingPrivate bedroom with en-suite bathroom1BR,1BA$1,122
McCormick CoLivingEnsuite4BR,3BA$1,147
Woodlawn Terracewdlw0bDrStudio,1BA$1,175
The Pershing1 bed1BR,1BA$1,180
Addams ColivingUnit 3164BR,3BA$1,190
Lake Grove Village1B1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
3935 S Wells St, Unit 13935 S Wells St4BR,4BA$1.60
2971 S Archer Ave, Unit Comm2971 S Archer Ave6BR,3BA$1.59
1935 S Canalport AveApartment 3 Bedroom3BR,2.5BA$0.93
1822 S Throop St, Unit 1F1822 S Throop St3BR,2.5BA$1.58
1016 W Cullerton St, Unit 1F1016 W Cullerton St2BR,1BA$1.33
1016 W Cullerton St, Unit 1F1016 W Cullerton St2BR,1BA$1.33
3119 S Morgan St, Unit 2N3119 S Morgan St3BR,1BA$1.60
2893 S Archer Ave, Unit 32893 S Archer Ave3BR,1BA$1.46
3153 S May St, Unit 1R3153 S May St2BR,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
Decorative image

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 Article
Decorative image

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 Article
Decorative image

The 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 Article
Decorative image

A 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Armour Square, Chicago, IL

Ranked #41

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 1299 Apartments for Rent in Armour Square, IL with pricing that ranges from $800 to $17,506. There are also 301 Single Family Homes for rent, Condos, and Townhome rentals currently available in Armour Square ranging from $620 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 $620 to $8,250 with an average monthly rent of $2,750.

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 $800 to $7,859, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $6,500. Four Bedroom Single-Family rentals are also available starting from $710 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.