Cheap Homes for Rent in New Chicago Neighborhood of Memphis, TN from $600 (13 Rentals)

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Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

New Chicago, Memphis, TN Local Guide

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 Belvedere Gardens Condominiums priced from $775. 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 ListingModel NameBed/BathPriced From
Belvedere Gardens Condominiums1x1 Bath1BR,1BA$775
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$795
The Metropolitan and Greenlaw Place ApartmentsMetropolitan One Bedroom1BR,1BA$850
Crescendo Apartments1 Bed 1 Bath1BR,1BA$875
Bickford Square Apartments2BR/2BA2BR,2BA$895

Best Value Apartments for Rent in New Chicago, TN

As of April 22, 2025 the best value apartment in the New Chicago area is the $0.89 price per square foot Spacious Model at 1468 Snowden Ave in the in the Midtown Memphis neighborhood starting from $1,500. The second greatest value New Chicago apartment is the 2 Bed/2 Bath Model at The Avalon starting at $1,250 with a $1.04 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for New Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1468 Snowden AveSpacious2BR,1.5BA$0.89
The Avalon2 Bed/2 Bath2BR,2BA$1.04
Bickford Square Apartments2BR/2BA2BR,2BA$0.84
Urban Peddler2BR 1BA Renovated2BR,1BA$1.23
The Biltmore - McAlpin ApartmentsSingle 8501BR,1BA$1.26
Museum LoftsThe Delta1BR,1BA$1.44
Belvedere Gardens Condominiums1x1 Bath - Furnished1BR,1BA$1.53
The Metropolitan and Greenlaw Place ApartmentsGreenlaw 1 Bedroom Flat1BR,1BA$1.16
Greenlaw Apartments2 bedroom x 1 bath2BR,1BA$1.22
Crescendo Apartments1 Bed 1 Bath1BR,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 69 Apartments for Rent in New Chicago, TN with pricing that ranges from $750 to $3,210. There are also 28 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 $1,286.

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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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.

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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.