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2 Bedroom Apartments
720 W 47th St
720 W 47th StChicago, IL 60609
Cheap Apartments for Rent in the New City Neighborhood of Chicago, IL from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the New City area of Chicago.
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1 to 2 Bedroom Apartments
1352-1354 W 51st St
1352-1354 W 51st StChicago, IL 60609
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1 Bedroom Apartments
4800 S Winchester Ave
4800 S Winchester AveChicago, IL 60609
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
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Studio Apartments
4600 S Wood St
4600 S Wood StChicago, IL 60609
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1 to 2 Bedroom Apartments
1936 W Garfield Blvd
1936 W Garfield BlvdChicago, IL 60609
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5 Bedroom Apartments
4858 S May St
4858 S May StChicago, IL 60609
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-6, Page 1 of 1
New City, Chicago, IL Local Guide
How much does it cost to rent an apartment in New City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New City 2 Bedroom Apartments | $1,185 | $998 | $1,300 |
| New City 3 Bedroom Apartments | $1,670 | $1,300 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the New City Neighborhood of Chicago, IL.
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New City, Chicago, IL Local Guide
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Cheapest Available New City Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Now Leasing - 5200 S. Carpenter St | 2BR/1.0BA | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in New City, IL
As of July 27, 2026 the best value apartment in the New City area is the $1.82 price per square foot 5427 S Aberdeen St Model at 5427 S Aberdeen St, Unit 1 in the in the Englewood neighborhood starting from $2,000. The second greatest value New City apartment is the 5244 S Ashland Ave Model at 5244 S Ashland Ave, Unit 1 starting at $1,790 with a $1.79 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. |
|---|---|---|---|
| 5427 S Aberdeen St, Unit 1 | 5427 S Aberdeen St | 3BR,1BA | $1.82 |
| 5244 S Ashland Ave, Unit 1 | 5244 S Ashland Ave | 3BR,1BA | $1.79 |
| 5437 S Laflin St, Unit 2R | 5437 S Laflin St | 2BR,1BA | $1.30 |
| Now Leasing - 5200 S. Carpenter St | 2BR/1.0BA | 2BR,1BA | $1.55 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com
Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Best Local Schools in New City, Chicago, IL
Hamline Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (582)
4 out of 10
BACK OF THE YARDS IB HS
City Of Chicago School District 299
Public School - Grades 9-12 (1014)
7 out of 10
Sherman School of Excellence
City Of Chicago School District 299
Public School - Grades PK-8 (223)
3 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap New City Apartments
What is the lowest price for a Cheap Two Bedroom New City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New City is starting from $1,395 at Now Leasing - 5200 S. Carpenter St.
Expert Rental Resources
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.
Helpful Local Expert Guides
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Written by: Nicole Harms
I’m Nicole, you’re ApartmentHomeLiving.com Local Expert for Chicago. There’s no denying I love the Windy City. Yet there’s also no denying that rental homes in Chicago can be pricy, small, and hard to find.
Chicago Relocation 101: Mastering Utilities, Registration, and the CTA
Written by: Nicole Harms
Moving to a new city is always an exciting time, especially one as vibrant and diverse as Chicago. With world-class museums, a breathtaking lakefront, and numerous employment opportunities, there’s much to love about this city.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.