Cheap Apartments for Rent near New Chicago, IN from $810 (48 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in New Chicago.

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.

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
close
View Me
Concord Commons
1 to 3 Bedroom Apartments

Concord Commons

2002 Hanley StGary, IN 46406
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
close
View Me
Swanson Court Apartments
Studio to 2 Bedroom Apartments

Swanson Court Apartments

5656 Willowdale LnPortage, IN 46368
  • Utilities Included
close
View Me
Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342
close
View Me
Park Shore Commons
1 to 3 Bedroom Apartments

Park Shore Commons

860 N Wells StGary, IN 46403
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
close
View Me
East Apartments
1 to 2 Bedroom Apartments

East Apartments

215 East StHobart, IN 46342

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.

Read Article
Showing Results 1-48, Page 1 of 1

New Chicago, IN Local Guide

Cheapest Available New Chicago Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Chicago, IN is a 4 Beds unit found at Gary NSA V in the Outlying North Lake County IN neighborhood priced from $200. Westbrook Apartments in the Outlying North Lake County IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable New Chicago apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gary NSA V4 Bedroom4BR,1BA$200
Westbrook Apartments1BR - APT1BR,1BA$810
La Vue Lake ApartmentsStudioStudio,1BA$897
Birchwood ApartmentsOne Bedroom1BR,1BA$990
Hampshire ParkA11BR,1BA$1,110
Willow Creekdanbury1BR,1BA$1,125
Crestview Apartments HomesD-1BR1BR,1BA$1,138
Park West1 Bedroom, 1 Bath (704 sqft.)1BR,1BA$1,179
Meadow Lane Apartments2BR2BR,1BA$1,180
EvergreenA11BR,1BA$1,260

Best Value Apartments for Rent in New Chicago, IN and Nearby

As of August 23, 2026 the best value apartment in the New Chicago area is the $1.30 price per square foot C1p - Renovated Model at Hampshire Park in the in the Liverpool neighborhood starting from $1,820. The second greatest value New Chicago apartment is the 2BR Model at Meadow Lane Apartments starting at $1,180 with a $1.14 price per square foot in the Liverpool neighborhood. Here is today’s list of the best values for New Chicago apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hampshire ParkC1p - Renovated2BR,2BA$1.30
Meadow Lane Apartments2BR2BR,1BA$1.14
Haven HobartC1p - Renovated2BR,2BA$1.43
Lake Pointe Apartment HomesOne Bedroom1BR,1BA$1.39
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.45
Huntington Cove ApartmentsA2E1BR,1BA$1.72
The Ridge2 Bed 1 Bath 800 - Chestnut2BR,1BA$1.62
Willow Creekdanbury1BR,1BA$1.56
Gary NSA V1 Bedroom1BR,1BA$0.29
Birchwood ApartmentsOne Bedroom1BR,1BA$1.52

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore New Chicago, IN Rentals by Map

Decorative image of map

See the most popular apartments and homes in New Chicago, IN

View Map
New Chicago, IN Apartments Map
View Map
New Chicago, IN Rental Homes Map

Frequently Asked Questions about Cheap New Chicago Apartments

How much is rent for a Cheap One Bedroom New Chicago Apartment?

The lowest price for a Cheap One Bedroom New Chicago Apartment is $200 at Gary NSA V.

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 $200 at Gary NSA V.

What is the most affordable New Chicago Three Bedroom Apartment?

The best deal on a cheap New Chicago Three Bedroom Apartment rental is at Gary NSA V and starts from $200.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.