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$5101 Bedroom Apartments Available Now
1082 Palmetto Ave
1082 Palmetto AveMemphis, TN 38107
Cheap Homes for Rent in New Chicago Neighborhood of Memphis, TN from $600 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the New Chicago area of Memphis.
802 N Dunlap St
MemphisTN38107
701 Lyman Ave
MemphisTN38107
964 Joseph Pl
MemphisTN38107
869 Pearce St
MemphisTN38107
1030 Kney St
MemphisTN38107
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.
1034 Kney St
MemphisTN38107
728 N Montgomery St
MemphisTN38107
1066 Greenlaw Ave
MemphisTN38105
1148 N Dunlap St
MemphisTN38107
1273 Capital Ave
MemphisTN38107
985 Marble Ave
MemphisTN38107
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.
679 Leath St
MemphisTN38107
Showing Results 1-13, Page 1 of 1
New Chicago, Memphis, TN Local Guide
How much does it cost to rent a home in New Chicago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Chicago 2 Bedroom Homes for Rent | $1,070 | $695 | $1,850 |
| New Chicago 3 Bedroom Homes for Rent | $1,394 | $950 | $2,100 |
| New Chicago 4 Bedroom Homes for Rent | $1,625 | $1,200 | $1,850 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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
The cheapest available apartment rental in the New Chicago area of Memphis, TN is a 2 Beds unit found at Greenlaw Apartments priced from $750. The Kendall has the second lowest priced unit, which is a 2 Beds apartment currently listed from $815. 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 | $750 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $815 |
| Bickford Square Apartments | 2BR/2BA | 2BR,2BA | $895 |
Best Value Apartments for Rent in New Chicago, TN
As of January 25, 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 2BR/1.0BA Model at The Kendall starting at $815 with a $1.22 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 |
| The Kendall | 2BR/1.0BA | 2BR,1BA | $1.22 |
| Greenlaw Apartments | 2 bedroom x 1 bath | 2BR,1BA | $1.15 |
| 699 N 5th St, Unit 2 | 699 N 5th St | 1BR,1BA | $2.31 |
Frequently Asked Questions about New Chicago
What type of rentals are currently available in New Chicago?
There are currently 58 Apartments for Rent in New Chicago, TN with pricing that ranges from $510 to $1,200. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Chicago ranging from $650 to $2,100.
What is the current price range for Rental Homes in New Chicago?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Chicago ranges from $650 to $2,100 with an average monthly rent of $1,223.
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.
Articles, How-To's, and Tips
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.