close
View Me
$8501 to 3 Bedroom Apartments Available Now
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.
close
View Me
$895 - $9952 to 3 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
close
View Me
Rent Specials
$795 - $9952 Bedroom Apartments Contact Us For Availability
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
The 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.
close
View Me
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 | $850 | $850 | $850 |
| New Chicago 2 Bedroom Apartments | $970 | $795 | $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 $799. 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 | $799 |
| The Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $850 |
| 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 September 06, 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 Metropolitan and Greenlaw Place Apartments | Greenlaw 1 Bedroom Flat | 1BR,1BA | $1.16 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.20 |
| 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.
Let everyone know!
Do you know the New Chicago area?
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.
Write a Review
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 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 $795 at Greenlaw Apartments.
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.
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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
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.