| 1 BED | $1,000 |
| 2 BEDS | $1,125 |
| 1 BED | $1,000 |
| 2 BEDS | $1,125 |
| 3 BEDS | $1,295 |
| 1 BED | $1,297+ |
| 2 BEDS | $1,361+ |
| 3 BEDS | $2,029+ |
| STUDIO | Ask for Pricing |
| 1 BED | $1,783+ |
| 2 BEDS | $2,001+ |
| 1 BED | $1,365+ |
| 2 BEDS | $1,570+ |
| 3 BEDS | $1,950+ |
| STUDIO | $1,255+ |
| 1 BED | $1,773+ |
| 2 BEDS | $1,923+ |
| 1 BED | $1,794+ |
| 2 BEDS | $1,895+ |
| 3 BEDS | $3,366+ |
| 1 BED | $1,140+ |
| 2 BEDS | $2,190 |
| 3 BEDS | $3,300 |
| 1 BED | $1,258+ |
| 2 BEDS | $1,695+ |
| 3 BEDS | $2,245+ |
| 2 BEDS | Ask for Pricing |
| STUDIO | $725 |
| 1 BED | $875 |
| 2 BEDS | $825+ |
| STUDIO | $991+ |
| 1 BED | $995+ |
| 2 BEDS | $1,319+ |
| 1 BED | $1,174+ |
| 2 BEDS | $2,035+ |
| 3 BEDS | $1,948+ |
Rental prices in New Chicago, Memphis, TN have decreased by 7.77% over the past year. The average rent moved from $1,217 to $1,122.
Check out the average rent in Memphis.
The national average price of rental apartments is $1,750, while the average monthly rent in New Chicago, Memphis, TN is $1,122.
The average monthly rent for an apartment in New Chicago, Memphis, TN is around $1,122.
A share of 26% of apartments in New Chicago, Memphis, TN have the cheapest rents between ≤ $1000. Around 73% of New Chicago's apartments have monthly rents between $1,001-$1,500. There are 1% of apartments with rents between $1,501-$2,000.
The largest share of rentals in New Chicago, Memphis, TN (73%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Prices and availability in New Chicago, Memphis, TN were last updated on 18 Nov 2025.
The best apartments in New Chicago, Memphis, TN are: Quimby Plaza Apartments, Legends Park Apartments and 1116 Poplar Avenue, Unit Unit 1.
The average rent in New Chicago, Memphis, TN is $967.
The price range for a 2-bedroom apartment in New Chicago, Memphis, TN is between $1,125 and $2,200.
In New Chicago, 71% of the residents are renting compared to 29% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 19% of New Chicago’s rentals, 48% are small-scale complexes with under 50 units, and 33% are single-family rentals.
In total, New Chicago, Memphis, TN has 3,259 residents, 1,670 women and 1,589 men, per U.S. Census recent estimates. Statistics show that the median age of New Chicago’s population is 40.
There is a total of 1,696 households in New Chicago, Memphis, TN. Of these, 312 have children and 1,384 are without children. Per Census Bureau’s most current estimates, 637 family households and 1,059 non-family households live in this area. The size of a household in New Chicago is 1.7 people, on average. The median household annual income in New Chicago equals $32,854, and the monthly housing costs equal $955.
According to data from the U.S. Census Bureau, 4% of the population in New Chicago, Memphis, TN have no high school education, 41% went to high-school, and 26% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 14% hold a Bachelor Degree, and 10% hold a Graduate Degree.
RentCafe is your one-stop shop for finding a great new apartment in New Chicago, Memphis, TN. Easily search through a wide selection of apartments for rent in New Chicago, Memphis, TN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse New Chicago, Memphis, TN apartments with rents starting from $300 and submit your rental application today!
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