Cheap Apartments for Rent in the Armour Square Neighborhood of Chicago, IL from $700 (50 Rentals)

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

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

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Hyde Park / Kenwood
Studio Apartments

Hyde Park / Kenwood

4400-4404 S Drexel BlvdChicago, IL 60653
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Lake Park Manor
2 to 4 Bedroom Apartments

Lake Park Manor

3601-3645 S Lake Park AveChicago, IL 60653
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Drexel Investments, LLC
Studio to 2 Bedroom Apartments

Drexel Investments, LLC

4742-4748 S Drexel BlvdChicago, IL 60615
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Paul G Stewart Center
Studio to 2 Bedroom Apartments

Paul G Stewart Center

400 E 41st StChicago, IL 60653
Senior Living
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1809 S Carpenter St
Studio Apartments

1809 S Carpenter St

1809 S Carpenter StChicago, IL 60608
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1810 S Throop St
1 Bedroom Apartments

1810 S Throop St

1810 S Throop StChicago, IL 60608
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4720 S Drexel Blvd
Studio to 1 Bedroom Apartments

4720 S Drexel Blvd

4720 S Drexel BlvdChicago, IL 60615
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Bridgeport
1 to 3 Bedroom Apartments

Bridgeport

2800 S Union AveChicago, IL 60616
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

427-439 E Oakwood BlvdChicago, IL 60653
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938 W 34th St
2 Bedroom Apartments

938 W 34th St

938 W 34th StChicago, IL 60608
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3030 S Princeton
2 to 3 Bedroom Apartments

3030 S Princeton

3030 S Princeton AveChicago, IL 60616
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1603 S Wood St
1 Bedroom Apartments

1603 S Wood St

1603 S Wood StChicago, IL 60608
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2001 S State St
2 to 3 Bedroom Apartments

2001 S State St

2001 S State StChicago, IL 60616
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Showing Results 1-50, 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 $985. McCormick has the second lowest priced unit, which is a 4 Beds apartment currently listed from $996. Here are the most affordable Armour Square apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
Prairie ShoresClassic StudioStudio,1BA$985
McCormickPrivate Bedroom in Shared 4 Bed 3 Bath (D)4BR,3BA$996
2423 State StreetPrivate Bedroom in Shared 4 Bed 3 Bath - A4BR,3BA$1,019
4721 S. Ellis Avenueells0bdStudio,1BA$1,050
Lake Meadows Apartmentslakem2-0b1aStudio,1BA$1,060
Lake Grove Village1B1BR,1BA$1,100
4720 S Drexel BlvdStudio ApartmentStudio,1BA$1,130
4455 S. Greenwood Avenue4455-0bAStudio,1BA$1,145
Woodlawn Terracewdlw0bCrStudio,1BA$1,145
The RosieA2 - 60% AMI AROStudio,1BA$1,147

Best Value Apartments for Rent in Armour Square, IL

As of March 12, 2025 the best value apartment in the Armour Square area is the $1.16 price per square foot 507 E Oakwood Blvd Model at 507 E Oakwood Blvd, Unit 1 in the in the Douglas neighborhood starting from $2,600. The second greatest value Armour Square apartment is the 3402 S Prairie Ave Model at 3402 S Prairie Ave, Unit 3 starting at $2,200 with a $1.10 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.
507 E Oakwood Blvd, Unit 1507 E Oakwood Blvd4BR,2BA$1.16
3402 S Prairie Ave, Unit 33402 S Prairie Ave3BR,2BA$1.10
1821 W Cullerton St, Unit 11821 W Cullerton St4BR,1.5BA$1.47
903 W 19th St, Unit 3903 W 19th St4BR,1BA$1.39
Addams ColivingUnit 4104BR,4BA$1.08
943 W 33rd Pl, Unit G943 W 33rd Pl2BR,1BA$1.08
1643 W 19th St, Unit 21643 W 19th St2BR,1BA$1.42
818 W 33rd Pl, Unit Apartment 1st floor818 W 33rd Pl3BR,1BA$1.38
4351 S Honore St2BD/1BA2BR,1BA$1.33
3643 S Hermitage Ave, Unit 23643 S Hermitage Ave2BR,1BA$1.33

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Pet Friendly Lifestyle
Armour Square, Chicago, IL

Ranked #67

Among neighborhoods in Chicago, IL 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

Best Local Schools in
Armour Square, Chicago, IL

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 the Cheapest Studio apartment in Armour Square?

Currently the most affordable Cheap Studio Apartment in Armour Square is at Prairie Shores listed at $1,007.

How much is rent for a Cheap One Bedroom Armour Square Apartment?

The lowest price for a Cheap One Bedroom Armour Square Apartment is $1,100 at Lake Grove Village.

What is the lowest price for a Cheap Two Bedroom Armour Square Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Armour Square is starting from $1,195 at 4351 S Honore St.

What is the most affordable Armour Square Three Bedroom Apartment?

The best deal on a cheap Armour Square Three Bedroom Apartment rental is at Eden Commons and starts from $1,797.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.