
Cheap Apartments for Rent in New Lenox, IL from $850 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in New Lenox.


1228 Town Crest Dr

1023 Shagbark Ct

Total Monthly Price
303 Barr Elms Ave

Pine Meadows Apartments

Stone Falls

Edenbridge

Larkin Village

The Birches Apartments
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.

The Woodlands of Crest Hill

Willow Run of Crest Hill

Edgewater Walk Apartments

411 Peale St

Heritage Manor

Towers of Edgewater

7448 Sycamore Ct

Total Monthly Price
1120 E Jackson St, Unit #2

The Residences at 159 Tinley Park Place
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.

Remington Apartment Homes

Springs at Lockport

Pheasant Run Apartments

Pine Ridge

200 Morgan Court

210 Morgan

7449 Sycamore Ct

Richton Trail

Sutton Place Apartments
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.

Twin Oaks West Apartments

11212 1st St

509 Kungs Way

Apartments of Orland

7081 Apartments

204 E Washington St

121 Davis Ave

814 N Raynor Ave

11621 Roberts St
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.

HighPoint Community Apartments

15805 Peggy Lane

884 N Prairie Ave
New Lenox, IL Local Guide

How much does it cost to rent an apartment in New Lenox?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap New Lenox Studio Apartments | $1,492 | $850 | $1,999 |
| Cheap New Lenox 1 Bedroom Apartments | $1,875 | $949 | $3,005 |
| Cheap New Lenox 2 Bedroom Apartments | $2,406 | $1,150 | $3,730 |
| Cheap New Lenox 3 Bedroom Apartments | $2,806 | $1,795 | $3,666 |
Browse Top Apartments in New Lenox
See all Apartments in New LenoxExplore New Lenox
New Lenox, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available New Lenox Apartments for Rent
 The cheapest available apartment rental in New Lenox, IL is a 1 Bed unit found at Stone Falls in the Sunset Point neighborhood priced from $949. Edenbridge in the Brookside Glen neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,185. Here is today’s list of the most affordable New Lenox apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stone Falls | One Bedroom, Base Package | 1BR, 1BA | $949 |
| Edenbridge | Anthony | 1BR, 1BA | $1,185 |
| The Woodlands of Crest Hill | Studio Renovated | Studio, 1BA | $1,289 |
| Willow Run of Crest Hill | 1 bedroom | 1BR, 1BA | $1,359 |
| Heritage Manor | 1BR/1BATH | 1BR, 1BA | $1,450 |
| 7448 Sycamore Ct | Two Bed | 2BR, 1BA | $1,495 |
| The Residences at 159 Tinley Park Place | 1 Bedroom Small | 1BR, 1BA | $1,509 |
| 1228 Town Crest Dr | 2BR/1.0BA | 2BR, 1BA | $1,600 |
Best Value Apartments for Rent in New Lenox, IL
As of September 22, 2026 the best value apartment in the New Lenox area is the $2.09 price per square foot Capewood Model at Redwood Lockport in the Maple Hill neighborhood starting from $3,389. The second greatest value New Lenox apartment is the 2BR/1.5BA Model at Parkview Estates in the Draper Avenue neighborhood starting at $2,095 with a $1.75 price per square foot. Here is today’s list of the best values for New Lenox apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redwood Lockport | Capewood | 2BR, 2BA | $2.09 |
| Parkview Estates | 2BR/1.5BA | 2BR, 1.5BA | $1.75 |
| Edenbridge | Boone Signature Townhouse | 2BR, 1.5BA | $2.00 |
| 1120 E Jackson St, Unit #2 | 1120 E Jackson St | 2BR, 1BA | $1.50 |
| Pheasant Run Apartments | sc3s1.5 | 3BR, 1.5BA | $1.83 |
| Heritage Manor | 1BR/1BATH | 1BR, 1BA | $1.53 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR, 1BA | $1.38 |
| 1228 Town Crest Dr | 2BR/1.0BA | 2BR, 1BA | $1.78 |
| 7448 Sycamore Ct | One Bed s | 1BR, 1BA | $1.55 |
| 303 Barr Elms Ave | 303 Barr Elms Ave | Studio, 1BA | $2.13 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick 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.
Best Local Schools in New Lenox, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Lenox, IL Rentals by Map
See the most popular apartments and homes in New Lenox, IL
Frequently Asked Questions about Cheap New Lenox Apartments
What is the Cheapest Studio apartment in New Lenox?
Currently the most affordable Cheap Studio Apartment in New Lenox is at The Woodlands of Crest Hill listed at $1,289.
How much is rent for a Cheap One Bedroom New Lenox Apartment?
The lowest price for a Cheap One Bedroom New Lenox Apartment is $949 at Stone Falls.
What is the lowest price for a Cheap Two Bedroom New Lenox Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Lenox is starting from $1,219 at Stone Falls.
What is the most affordable New Lenox Three Bedroom Apartment?
The best deal on a cheap New Lenox Three Bedroom Apartment rental is at Pheasant Run Apartments and starts from $1,795.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.