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The Metropolitan and Greenlaw Place Apartments
374 Mill AveMemphis, TN 38107
Cheap Apartments for Rent in the New Chicago Neighborhood of Memphis, TN from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Chicago area of Memphis.
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$895 - $9952 to 3 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
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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Rent Specials
$795 - $9952 Bedroom Apartments Contact Us For Availability
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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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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Showing Results 1-15, Page 1 of 1
New Chicago, Memphis, TN Local Guide
How much does it cost to rent an apartment in New Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Chicago 1 Bedroom Apartments | $655 | $615 | $695 |
| New Chicago 2 Bedroom Apartments | $935 | $725 | $1,800 |
| New Chicago 3 Bedroom Apartments | $995 | $995 | $995 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the New Chicago Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
New Chicago, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available New Chicago Apartments for Rent
The cheapest available apartment rental in the New Chicago area of Memphis, TN is a 2 Beds unit found at Greenlaw Apartments priced from $795. The Kendall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $813. Here are the most affordable New Chicago apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $795 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $813 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
| 1468 Snowden Ave | Spacious | 2BR,1BA | $1,500 |
Best Value Apartments for Rent in New Chicago, TN
As of July 21, 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 2BR/2BA Model at Bickford Square Apartments starting at $895 with a $0.84 price per square foot in the Downtown Memphis neighborhood. Here is today’s list of the best values for New Chicago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1468 Snowden Ave | Spacious | 2BR,1.5BA | $0.89 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.22 |
Quick 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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If you’re an expert on all things New Chicago, tell us what you love (and don't) by rating it and writing a review.
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Pet Friendly LifestyleNew Chicago, Memphis, TN
Ranked #79
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap New Chicago Apartments
What types of apartments are the cheapest in New Chicago?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in New Chicago that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.