Cheap Apartments for Rent in New Chicago, IN from $600 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Chicago.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Concord Commons
1 to 3 Bedroom Apartments

Concord Commons

2002 Hanley StGary, IN 46406
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342

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.

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New Chicago, IN Local Guide

Cheapest Available New Chicago Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Chicago, IN is a Studio unit found at Gary NSA V in the Outlying North Lake County IN neighborhood priced from $698. Westbrook Apartments in the Liverpool neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable New Chicago apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA VStudioStudio,1BA$698
Westbrook Apartments1 Bedroom/ 1 Bath1BR,1BA$770
La Vue Lake ApartmentsStudioStudio,1BA$850
Birchwood ApartmentsOne Bedroom1BR,1BA$930
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$975
The Ridge ApartmentsFir1BR,1BA$975
Meadowlane Apartments1BR/ 1BA1BR,1BA$985
Duneland Village Apartments2 Bedroom Townhouse Tax Credit***2BR,1BA$1,120
Park West1 Bedroom, 1 Bath NO PATIO OR BALCONY (672 sqft.)1BR,1BA$1,159
Huntington Cove ApartmentsA21BR,1BA$1,172

Best Value Apartments for Rent in New Chicago, IN and Nearby

As of May 15, 2025 the best value apartment in the New Chicago area is the $1.28 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,790. The second greatest value New Chicago apartment is the B Model at Cherry Hill Apartment Homes starting at $1,288 with a $0.98 price per square foot in the Garyton 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.
Hampshire ParkC1p - Renovated2BR,2BA$1.28
Cherry Hill Apartment HomesB2BR,1.5BA$0.98
Haven HobartD1p - Renovated3BR,2BA$1.41
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Port Crossing ApartmentsB52BR,2BA$1.35
Duneland Village Apartments2 Bedroom Townhouse2BR,1.5BA$1.42
Tiberon Trails ApartmentsOne Bedroom1BR,1BA$1.34
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
The Ridge ApartmentsFir1BR,1BA$1.50
Gary NSA VStudioStudio ,1BA$1.42

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Chicago, IN Rentals by Map

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See the most popular apartments and homes in New Chicago, IN

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Getting Around New Chicago, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 New Chicago Apartments

How much is rent for a Cheap One Bedroom New Chicago Apartment?

The lowest price for a Cheap One Bedroom New Chicago Apartment is $770 at Westbrook Apartments.

What is the lowest price for a Cheap Two Bedroom New Chicago Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Chicago is starting from $865 at Westbrook Apartments.

What is the most affordable New Chicago Three Bedroom Apartment?

The best deal on a cheap New Chicago Three Bedroom Apartment rental is at Gary NSA V and starts from $1,296.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.