Cheap Homes for Rent in New City Neighborhood of Chicago, IL from $1,300 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the New City area of Chicago.

New City, Chicago, IL Local Guide

Cheapest Available New City Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Now Leasing - 5200 S. Carpenter St (PLEASE2BR/1.0BA2BR,1BA$1,495

Best Value Apartments for Rent in New City, IL

As of September 16, 2025 the best value apartment in the New City area is the $1.50 price per square foot 4827 S Racine Ave Model at 4827 S Racine Ave, Unit 1st floor unit in the in the Englewood neighborhood starting from $1,500. The second greatest value New City apartment is the 5045 N Damen Ave Model at 5045 N Damen Ave, Unit W1 starting at $1,750 with a $1.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
4827 S Racine Ave, Unit 1st floor unit4827 S Racine Ave2BR,1BA$1.50
5045 N Damen Ave, Unit W15045 N Damen Ave2BR,1BA$1.94
Now Leasing - 5200 S. Carpenter St (PLEASE2BR/1.0BA2BR,1BA$1.66
4859 S Elizabeth St4859 S Elizabeth St2BR,1BA$15.00

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Pet Friendly Lifestyle
New City, Chicago, IL

Ranked #130

Among cities in Illinois for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about New City

What type of rentals are currently available in New City?

There are currently 113 Apartments for Rent in New City, IL with pricing that ranges from $850 to $2,100. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in New City ranging from $1,300 to $2,000.

What is the current price range for Rental Homes in New City?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New City ranges from $1,300 to $2,000 with an average monthly rent of $1,616.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.