Cheap Homes for Rent in New Lenox, IL from $1,195 (10 Rentals)

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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.

property at 616 Vine St

$1,795

3 Bedroom Rentals

Available Now

616 Vine St

JolietIL60435

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.

New Lenox, IL Local Guide

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. The Woodlands of Crest Hill in the Rockdale Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,299. Here is today’s list of the most affordable New Lenox apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone FallsOne Bedroom, Base Package1BR,1BA$949
The Woodlands of Crest HillStudio RenovatedStudio,1BA$1,299
Willow Run of Crest Hill1 bedroom1BR,1BA$1,359

Best Value Apartments for Rent in New Lenox, IL

As of August 23, 2026 the best value apartment in the New Lenox area is the $2.23 price per square foot 2B-Southw Model at Ninety7Fifty on the Park in the in the Ishnala neighborhood starting from $2,690. The second greatest value New Lenox apartment is the Willow Model at Arbors at Hickory Creek starting at $2,149 with a $1.84 price per square foot in the Lincoln Station neighborhood. Here is today’s list of the best values for New Lenox apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ninety7Fifty on the Park2B-Southw2BR,2BA$2.23
Arbors at Hickory CreekWillow3BR,2BA$1.84
Village Place ApartmentsCypress2BR,2BA$2.06
The BluffsB1G2BR,2BA$2.02
Heritage Manor1BR/1BATH1BR,1BA$1.53
Stone FallsTwo Bedroom, Luxury Package2BR,1BA$1.38
The Residences at 159 Tinley Park Place2 Bedroom Large2BR,1BA$1.95
Pheasant Run Apartmentssc2s2BR,1BA$1.74
Highland RidgeA-1x11BR,1BA$2.31
Willow Run of Crest Hill1 bedroom1BR,1BA$2.27

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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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.

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Frequently Asked Questions about New Lenox

What type of rentals are currently available in New Lenox?

There are currently 73 Apartments for Rent in New Lenox, IL with pricing that ranges from $895 to $4,068. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Lenox ranging from $1,195 to $4,200.

What is the current price range for Rental Homes in New Lenox?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Lenox ranges from $1,195 to $4,200 with an average monthly rent of $2,546.

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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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.

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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.

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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.