850 N Dunlap St
MemphisTN38107
Cheap Homes for Rent in New Chicago Neighborhood of Memphis, TN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the New Chicago area of Memphis.
907 Pearce St
MemphisTN38107
962 Joseph Pl
MemphisTN38107
853 Annie St
MemphisTN38107
1082 Garland St
MemphisTN38107
844 Leon Pl
MemphisTN38107
1034 Kney St
MemphisTN38107
1030 Kney St
MemphisTN38107
1020 Randle St
MemphisTN38107
1066 Greenlaw Ave
MemphisTN38105
933 Garland St
MemphisTN38107
874 Garland St
MemphisTN38107
874 Garland St
MemphisTN38107
Showing Results 1-13, Page 1 of 1
New Chicago, Memphis, TN Local Guide
How much does it cost to rent a home in New Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Chicago 2 Bedroom Homes for Rent | $932 | $750 | $1,100 |
| New Chicago 3 Bedroom Homes for Rent | $1,471 | $1,100 | $1,700 |
| New Chicago 4 Bedroom Homes for Rent | $1,670 | $1,450 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the New Chicago Neighborhood of Memphis, TN.
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New Chicago, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
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Cheapest Neighborhoods for Apartments in New Chicago, TN
Pricing Updated: 03/20/2025Current apartment rentals in the New Chicago, TN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for New Chicago Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|
Cheapest Available New Chicago Apartments for Rent
The cheapest available apartment rental in the New Chicago area of Memphis, TN is a 1 Bed unit found at The Drew @ Medical District priced from $790. Greenlaw Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable New Chicago apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Drew @ Medical District | One Bed | 1BR,1BA | $790 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
| Belvedere Gardens Condominiums | 2x1 Bath without W/D | 2BR,1BA | $875 |
| Crescendo Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
Best Value Apartments for Rent in New Chicago, TN
As of March 21, 2025 the best value apartment in the New Chicago area is the $1.04 price per square foot 2 Bed/2 Bath Model at The Avalon in the in the Midtown Memphis neighborhood starting from $1,250. The second greatest value New Chicago apartment is the 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for New Chicago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Avalon | 2 Bed/2 Bath | 2BR,2BA | $1.04 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| 759 Olympic St | 759 Olympic St | 3BR,2BA | $1.14 |
| Urban Peddler | 2BR 1BA Renovated | 2BR,1BA | $1.23 |
| The Biltmore - McAlpin Apartments | Single 850 | 1BR,1BA | $1.26 |
| 1148 Decatur St, Unit 1148 DECATUR | 1148 Decatur St | 2BR,1BA | $1.06 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
| The Drew @ Medical District | One Bed | 1BR,1BA | $1.22 |
| Crescendo Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.39 |
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Frequently Asked Questions about New Chicago
What type of rentals are currently available in New Chicago?
There are currently 71 Apartments for Rent in New Chicago, TN with pricing that ranges from $750 to $3,080. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Chicago ranging from $695 to $2,000.
What is the current price range for Rental Homes in New Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Chicago ranges from $695 to $2,000 with an average monthly rent of $1,366.
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.
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.
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.
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.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.