Cheap Apartments for Rent in New Chicago, IN from $500 (27 Rentals)

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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.

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.

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Concord Commons
1 to 3 Bedroom Apartments

Concord Commons

2002 Hanley StGary, IN 46406
  • Utilities Included
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Swanson Court Apartments
Studio to 2 Bedroom Apartments

Swanson Court Apartments

5656 Willowdale LnPortage, IN 46368
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 825 Delaware St

$950 - $1,200

2 To 3 Bedroom Rentals

Available Now

825 Delaware St

GaryIN46402

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Element Hobart
1 to 2 Bedroom Apartments

Element Hobart

621 W 39th PlHobart, IN 46342

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 3 Beds unit found at Duneland Village Apartments in the Outlying North Lake County IN neighborhood priced from $542. Gary NSA V in the Outlying North Lake County IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $698. Here is today’s list of the most affordable New Chicago apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Duneland Village Apartments3 Bedroom Townhouse Tax Credit***3BR,1BA$542
Gary NSA VStudioStudio,1BA$698
Westbrook Apartments2BR-FLT2BR,1BA$865
La Vue Lake ApartmentsStudioStudio,1BA$897
Tiberon TrailsStudio CStudio,1BA$919
Birchwood ApartmentsOne Bedroom1BR,1BA$930
The Ridge ApartmentsFir1BR,1BA$975
Arlington ApartmentsB2BR,1BA$988
Crestview Apartment HomesB-StudioStudio,1BA$988
Haven HobartA1p - Renovated1BR,1BA$995

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

As of December 19, 2025 the best value apartment in the New Chicago area is the $1.31 price per square foot DTH1 Model at Brixin Townhomes at Cressmoor Estates in the in the Liverpool neighborhood starting from $2,095. The second greatest value New Chicago apartment is the C1p - Renovated Model at Hampshire Park starting at $1,505 with a $1.08 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.
Brixin Townhomes at Cressmoor EstatesDTH13BR,2.5BA$1.31
Hampshire ParkC1p - Renovated2BR,2BA$1.08
Duneland Village Apartments3 Bedroom Townhouse3BR,1.5BA$1.22
Meadowlane Apartments2BR/ 1BA2BR,1BA$1.08
Whitcomb Terrace ApartmentsColonial Invitational2BR,1BA$1.40
Kirby ManorTwo Bedroom2BR,1BA$1.25
Arlington ApartmentsB2BR,1BA$1.24
Haven HobartA1p - Renovated1BR,1BA$1.29
Birchwood ApartmentsOne Bedroom1BR,1BA$1.43
Gary NSA VStudioStudio ,1BA$1.42

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.

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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.

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Quick Rent Budget Calculator

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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.

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

Explore New Chicago, IN Rentals by Map

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Getting Around New Chicago, IN

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap New Chicago Apartments

What is the Cheapest Studio apartment in New Chicago?

Currently the most affordable Cheap Studio Apartment in New Chicago is at Gary NSA V listed at $698.

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

The lowest price for a Cheap One Bedroom New Chicago Apartment is $847 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 $865 at Westbrook Apartments.

What is the most affordable New Chicago Three Bedroom Apartment?

The best deal on a cheap New Chicago Three Bedroom Apartment rental is at Duneland Village Apartments and starts from $542.

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.