
Cheap Homes for Rent in New Lenox, IL from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in New Lenox.


1704 Belleview Ave

204 E Washington St

1353 Lakeview Ave

121 Davis Ave
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.

224 E Cass St

2222 Bogdan Ln N

502 Peale St

329 Stone St

2009 Mason Ave
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.
New Lenox, IL Local Guide

How much does it cost to rent a home in New Lenox?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Lenox 2 Bedroom Homes for Rent | $2,172 | $1,495 | $3,100 |
| New Lenox 3 Bedroom Homes for Rent | $2,915 | $1,575 | $4,200 |
| New Lenox 4 Bedroom Homes for Rent | $3,720 | $2,450 | $6,500 |
Browse Top Homes for Rent in New Lenox
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New Lenox, IL Local Guide
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Cheapest Available New Lenox Apartments for Rent and Nearby
 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 $1,179. 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 |
| The Woodlands of Crest Hill | Studio Classic | Studio,1BA | $1,179 |
| Edgewater Walk Apartments | 1BR | 1BR,1BA | $1,285 |
Best Value Apartments for Rent in New Lenox, IL and Nearby
As of July 05, 2026 the best value apartment in the New Lenox area is the $1.40 price per square foot 3BR/3.5BA Model at Alice Mae Townhomes in the in the Orland Crossing neighborhood starting from $3,090. The second greatest value New Lenox apartment is the C2 Model at Lincoln Station Rowhomes starting at $2,764 with a $2.39 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. |
|---|---|---|---|
| Alice Mae Townhomes | 3BR/3.5BA | 3BR,3.5BA | $1.40 |
| Lincoln Station Rowhomes | C2 | 2BR,2BA | $2.39 |
| The Bluffs | B1G | 2BR,2BA | $2.40 |
| Pheasant Run Apartments | sc3s1.5 | 3BR,1.5BA | $1.77 |
| Heritage Manor | 1BR/1BATH | 1BR,1BA | $1.53 |
| Stone Falls | Two Bedroom, Luxury Package | 2BR,1BA | $1.38 |
| The Residences at 159 Tinley Park Place | 2 Bedroom Large | 2BR,1BA | $1.95 |
| Edgewater Walk Apartments | 1BR | 1BR,1BA | $1.58 |
| Timber Pointe Apartments | Cypress 2 | 1BR,1BA | $2.44 |
| Willow Run of Crest Hill | 1 bedroom | 1BR,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.
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!
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Frequently Asked Questions about New Lenox
What type of rentals are currently available in New Lenox?
There are currently 75 Apartments for Rent in New Lenox, IL with pricing that ranges from $895 to $4,380. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Lenox ranging from $1,225 to $6,500.
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 $1,225 to $6,500 with an average monthly rent of $2,584.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.