Cheap Homes for Rent in Armour Square Neighborhood of Chicago, IL from $1,000 (52 Rentals)

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

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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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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property at 460 W 28th Pl

460 W 28th Pl

ChicagoIL60616
property at 500 E 33rd St

500 E 33rd St

ChicagoIL60616
property at 1726 W 21st St

1726 W 21st St

ChicagoIL60608
property at 974 W 35th Pl

974 W 35th Pl

ChicagoIL60609
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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 4720 S Drexel Blvd priced from $975. Lake Meadows Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Armour Square apartments for rent in Chicago, IL:

Apartment ListingModel NameBed/BathPriced From
4720 S Drexel BlvdStudio ApartmentStudio,1BA$975
Lake Meadows Apartmentslakem3-0b1aStudio,1BA$995
4721 S. Ellis Avenueells0bdStudio,1BA$1,045
Prairie ShoresClassic StudioStudio,1BA$1,076
Woodlawn Terracewdlw0bDrStudio,1BA$1,100
Lake Grove Village1B1BR,1BA$1,100
McCormickPrivate Bedroom in Shared 4 Bed 3 Bath (D)4BR,3BA$1,108
4351 S Honore St2BD/1BA2BR,1BA$1,195
Addams ColivingUnit 2074BR,4BA$1,250

Best Value Apartments for Rent in Armour Square, IL

As of April 17, 2025 the best value apartment in the Armour Square area is the $1.44 price per square foot 1025 W 20th Plz Model at 1025 W 20th Plz, Unit 1 in the in the University Village neighborhood starting from $2,600. The second greatest value Armour Square apartment is the 903 W 19th St Model at 903 W 19th St, Unit 3 starting at $2,500 with a $1.39 price per square foot in the University Village 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.
1025 W 20th Plz, Unit 11025 W 20th Plz4BR,2BA$1.44
903 W 19th St, Unit 3903 W 19th St4BR,1BA$1.39
4552 S Evans Ave, Unit 14552 S Evans Ave3BR,2BA$1.92
943 W 33rd Pl, Unit G943 W 33rd Pl2BR,1BA$1.08
2943 S Canal St, Unit 22943 S Canal St1BR,1BA$1.50
4351 S Honore St2BD/1BA2BR,1BA$1.33
3643 S Hermitage Ave, Unit 23643 S Hermitage Ave2BR,1BA$1.33
1834 S Blue Island Ave, Unit 31834 S Blue Island Ave1BR,1BA$1.56
1838 S May St, Unit Apt 2F1838 S May St2BR,1BA$1.93
Lake Grove Village1A1BR,1BA$1.78

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Frequently Asked Questions about Armour Square

What type of rentals are currently available in Armour Square?

There are currently 1271 Apartments for Rent in Armour Square, IL with pricing that ranges from $685 to $10,002. There are also 270 Single Family Homes for rent, Condos, and Townhome rentals currently available in Armour Square ranging from $1,025 to $7,253.

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 $1,025 to $7,253 with an average monthly rent of $2,846.

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 $1,400 to $10,002, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $7,253. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $800.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.