
Cheap Homes for Rent in New City Neighborhood of Chicago, IL from $800 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the New City area of Chicago.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4509 S Paulina St
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
New City, Chicago, IL Local Guide

How much does it cost to rent a home in New City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
New City 2 Bedroom Homes for Rent | $1,396 | $1,250 | $1,500 |
New City 3 Bedroom Homes for Rent | $1,492 | $1,200 | $1,900 |
New City 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 1 mile radius of the New City Neighborhood of Chicago, IL.
Explore Chicago
New City, Chicago, IL Local Guide
- Nearby Chicago neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in New City, IL
As of April 23, 2025 the best value apartment in the New City area is the $1.00 price per square foot 2118 W 51st St Model at 2118 W 51st St, Unit 1st floor in the in the West Englewood neighborhood starting from $1,600. The second greatest value New City apartment is the 5225 S Peoria St Model at 5225 S Peoria St, Unit 5225 S Peoria St #1 starting at $1,500 with a $1.11 price per square foot in the Englewood neighborhood. Here is today’s list of the best values for New City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2118 W 51st St, Unit 1st floor | 2118 W 51st St | 2BR,1BA | $1.00 |
5225 S Peoria St, Unit 5225 S Peoria St #1 | 5225 S Peoria St | 3BR,1BA | $1.11 |
2504 W 63rd St | 3 Bedroom | 3BR,1BA | $1.09 |
4700 S Wolcott Ave | 4700 S Wolcott Ave | 2BR,1BA | $1.20 |
4351 S Honore St | 2BD/1BA | 2BR,1BA | $1.33 |
6157 S Washtenaw Ave | Two Bedroom Market | 2BR,1BA | $1.78 |
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.
Frequently Asked Questions about New City
What type of rentals are currently available in New City?
There are currently 115 Apartments for Rent in New City, IL with pricing that ranges from $950 to $2,400. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in New City ranging from $850 to $2,500.
What is the current price range for Rental Homes in New City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New City ranges from $850 to $2,500 with an average monthly rent of $1,615.
How much are larger Three and Four Bedroom Rentals in New City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New City range from $1,125 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,450.
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.

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.

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.

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.

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.