
Cheap Homes for Rent in New Chicago Neighborhood of Memphis, TN from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the New Chicago area of Memphis.


907 PEARCE St

850 N DUNLAP St

838 LEON Pl

1082 Garland St

736 N Montgomery St

839 Leon Pl

823 N DUNLAP St

844 LEON Pl

220 Mill Ave

1030 Kney St

1034 Kney St

961 Joseph Pl

813 N Dunlap St

1066 Greenlaw Ave

1004 Alaska St

922 Garland St
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 | $994 | $775 | $1,590 |
New Chicago 3 Bedroom Homes for Rent | $1,267 | $925 | $1,710 |
New Chicago 4 Bedroom Homes for Rent | $1,672 | $1,295 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the New Chicago Neighborhood of Memphis, TN.
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New Chicago, Memphis, TN Local Guide
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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 $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 23, 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
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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 $615 to $1,800. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Chicago ranging from $600 to $1,950.
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 $600 to $1,950 with an average monthly rent of $1,157.
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.