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Cheap Apartments for Rent in the New City Neighborhood of Chicago, IL from $1,000 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the New City area of Chicago.
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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 | $1,293 | $1,095 | $1,800 |
| New City 3 Bedroom Apartments | $1,812 | $1,500 | $2,100 |
| New City 4 Bedroom Apartments | $1,922 | $1,495 | $2,350 |
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
- Nearby Chicago neighborhoods
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Best Value Apartments for Rent in New City, IL
As of November 11, 2025 the best value apartment in the New City area is the $1.27 price per square foot 4812 S Damen Ave Model at 4812 S Damen Ave, Unit 2 in the in the West Englewood neighborhood starting from $2,350. The second greatest value New City apartment is the 5118 S Hermitage Ave Model at 5118 S Hermitage Ave, Unit 2 starting at $1,500 with a $0.88 price per square foot in the West 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. |
|---|---|---|---|
| 4812 S Damen Ave, Unit 2 | 4812 S Damen Ave | 4BR,2BA | $1.27 |
| 5118 S Hermitage Ave, Unit 2 | 5118 S Hermitage Ave | 3BR,1.5BA | $0.88 |
| 5424 S Honore St, Unit 1 | 5424 S Honore St | 3BR,1BA | $1.50 |
| 5132 S Wolcott Ave, Unit 1 | 5132 S Wolcott Ave | 2BR,1BA | $1.50 |
| 4841 S Loomis Blvd, Unit 2 | 4841 S Loomis Blvd | 4BR,1BA | $1.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleBest 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 ArticleQuick Rent Budget Calculator
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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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Pet Friendly LifestyleNew City, Chicago, IL
Ranked #130
Among cities in Illinois for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in New City, Chicago, IL
Hamline Elementary School
City Of Chicago School District 299
Public School - Grades PK-8 (529)
2 out of 10
BACK OF THE YARDS IB HS
City Of Chicago School District 299
Public School - Grades 9-12 (1021)
7 out of 10
Sherman School of Excellence
City Of Chicago School District 299
Public School - Grades PK-8 (222)
6 out of 10
School data provided by Great Schools
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.