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$870 - $1,0231 to 3 Bedroom Apartments Contact Us For Availability
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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Rent Specials
$750 - $7952 Bedroom Apartments Available Now
Greenlaw Apartments
267 Greenlaw AveMemphis, TN 38105
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$895 - $9952 to 3 Bedroom Apartments Available Now
Bickford Square Apartments
281 Bickford AveMemphis, TN 38107
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2 Bedroom Apartments
Looney Apartments
693 Looney AveMemphis, TN 38107
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1 Bedroom Apartments
750 Chelsea Ave
750 Chelsea AveMemphis, TN 38107
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Moving to the Bluff City? Get the insider’s guide on Memphis life, from specific neighborhood personalities and current average rent, to the best barbecue and live music spots.
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1 Bedroom Apartments
965 Eldridge Ave
965 Eldridge AveMemphis, TN 38107
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1 Bedroom Apartments
1356-1370 Vollintine
1356-1370 VollintineMemphis, TN 38107
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2 Bedroom Apartments
1022 N 7th St
1022 N 7th StMemphis, TN 38107
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1 Bedroom Apartments
Lawson's Manufactured Housing Community
1450 Chelsea AveMemphis, TN 38108
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1 Bedroom Apartments
Lions Estate
1281 Lion StMemphis, TN 38107
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.
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2 Bedroom Apartments
The Kendall
1018 N 7th StMemphis, TN 38107
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2 Bedroom Apartments
Greenlaw Apartments
234 Greenlaw AveMemphis, TN 38105
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2 to 3 Bedroom Apartments
April Woods
262 Chelsea AveMemphis, TN 38107
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Studio to 2 Bedroom Apartments
Chicago Park Place Apartments
1415 Breedlove StMemphis, TN 38107
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2 Bedroom Apartments
675 Looney Rd
675 Looney RdMemphis, TN 38107
The Local Memphis Expert's Guide to Renting Near the City's Top Employers
Memphis apartment guide from a local expert, breaking down neighborhoods, average rent, and ideal commute times near the 5 largest employers - FedEx, St. Jude, U of M, Methodist, and AutoZone.
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 | $870 | $870 | $870 |
| New Chicago 2 Bedroom Apartments | $876 | $750 | $1,023 |
| New Chicago 3 Bedroom Apartments | $995 | $995 | $995 |
| New Chicago 4 Bedroom Apartments | $1,795 | $1,795 | $1,795 |
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.
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Cheapest Available New Chicago Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $750 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Best Value Apartments for Rent in New Chicago, TN
As of August 11, 2026 the best value apartment in the New Chicago area is the $0.84 price per square foot 2BR/2BA Model at Bickford Square Apartments in the in the Downtown Memphis neighborhood starting from $895. The second greatest value New Chicago apartment is the 2 bedroom x 1 bath Model at Greenlaw Apartments starting at $750 with a $1.15 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. |
|---|---|---|---|
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $0.84 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
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
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
Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.
The Local Memphis Expert's Guide to Renting Near the Citys Top Employers
Written by: Joshua Carlucci
I'm Josh, your ApartmentHomeLiving.
College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
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.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.