Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Memphis area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in New Chicago Memphis

1 - 30 of 53 Results
12
$950 - 1,650
King's Reserve Memphis - 55+ Senior
1550 N Pkwy Memphis, TN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Senior Community
Air Conditioning
Balcony/Deck/Patio
45
$1,618 - 3,001
Parcels at Concourse
5.0
1350 Concourse Ave Suite 750 Memphis, TN
Studio - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
1
$665
1415 Breedlove St
Memphis, TN
1 BR | Ask for Availability
Contact
Air Conditioning
New Chicago
5
$25 - 992
Saints Courts Apartments
Deal
994 N Watkins St Memphis, TN
1 - 2 BR | Available Now
Contact
Income Restricted
12
$1,225
Newly Renovated Home In North Memphis
925 Lewis St Memphis, TN
3 BR | Available Now
Contact
House
8
$495
1210 N. Evergreen
Memphis, TN
1 BR | May. 17, 2024
Contact
Dog Friendly
Cat Friendly
Storage
$500
911 Kney
Memphis, TN
2 BR | Available Now
Contact
House
Storage
8
$1,050
Adorable 2 Bed Bungalow In Vollintine Evergreen
874 Garland St Memphis, TN
2 BR | Available Now
Contact
House
7
$1,050
Adorable 2 Bed Bungalow In Vollintine Evergreen
806 N Mcneil St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$750
Text The Leasing Team At 901-820-4367 To Schedule Your Tour Today!
864 Pearce St Memphis, TN
2 BR | Available Now
Contact
House
$750
862 Pearce
Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$800
Adorable Two Bedroom Home!
856 Dunlap St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
$800
Newly Renovated 2 Bedroom !
823 Pearce St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
11
$835
800 Maury St
Memphis, TN
2 BR | Jul. 12, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
$850
Cozy 2 Bedroom Home!
825 Dunlap Cir Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
17
$1,350
881 N Auburndale St
Memphis, TN
3 BR | Available Now
Contact
House
Disability Access
Voillintine-Evergreen
11
$799
The Kendall
1018 N 7th St Memphis, TN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$1,000
770 N Evergreen
770 N Evergreen St Memphis, TN
1 BR | Available Now
Contact
Dishwasher
Voillintine-Evergreen
0
$695
1716 Dupont Ave
Memphis, TN
2 BR | Ask for Availability
Contact
Air Conditioning
$1,400
659 Pearce
Memphis, TN
4 BR | Available Now
Contact
House
13
$775
1536 Tutwiler Ave
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
9
$1,150
1554 Tutwiler
Memphis, TN
1 BR | Available Now
Contact
10
$1,195
1558 Tutwiler
Memphis, TN
1 BR | Available Now
Contact
House
Storage
Dishwasher
$625
226 N. Fourth
Memphis, TN
1 BR | Available Now
Contact
House
$900
1545 Britton
Memphis, TN
3 BR | Available Now
Contact
House
6
$775
4 Success Is Now Offering This 2 Bedroom Home.
1516 Britton St Memphis, TN
2 BR | Available Now
Contact
House
$850 - 1,325
Kings Reserve Memphis
Deal
1550 N Pkwy Memphis, TN
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
Surface Parking
Dishwasher
12
$1,450
965 University St
Memphis, TN
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Voillintine-Evergreen
5
$659 - 920
University Gardens Manor
2059 N Cabana Cir Memphis, TN
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
12
$1,200
495 Garland St Unit 495
Memphis, TN
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
1 - 30 of 53 Results
  1. Home
  2. Memphis
  3. New Chicago
Frequently Asked Questions

How many apartments are available in New Chicago on Rentable.co?

Rentable.co has over 54 apartments available near New Chicago.

What is the average rent for a studio apartment in New Chicago?

The average rent for a studio apartment near New Chicago is around $875 per month.

What is the average rent for a one-bedroom apartment in New Chicago?

The average rent for a one-bedroom apartment near New Chicago is around $925 per month.

What is the average rent for a two-bedroom apartment in New Chicago?

The average rent for a two-bedroom apartment near New Chicago is around $709 per month.

How many apartments are available in Memphis, TN on Rentable.co?

Rentable.co has over 18,334 apartments available in Memphis.

What is the average rent for a studio apartment in Memphis, TN?

The average rent for a studio apartment in Memphis is around $890 per month.

What is the average rent for a one-bedroom apartment in Memphis, TN?

The average rent for a one-bedroom apartment in Memphis is around $950 per month.

What is the average rent for a two-bedroom apartment in Memphis, TN?

The average rent for a two-bedroom apartment in Memphis is around $1,080 per month.

How expensive is it to rent an apartment in Memphis, TN?

For a two-bedroom apartment in Memphis, the average rent price is $1,080 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Memphis, TN?

Based on average rent prices in Memphis, to afford a studio apartment you would need an annual household income of $36,000 to live comfortably.

Memphis:
May Rent Report

Welcome to the May 2024 Memphis Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Memphis rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Memphis and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Memphis average rent prices in the chart below.

Monthly Rent Report

$1,250
$940
$630
$310
$0
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
1 BR       2 BR

Memphis Rent Prices Decrease From April to May

Memphis rent prices decreased over the last month. From April to May, the city experienced a -0.62% decrease for the price of a one-bedroom apartment. The rent price for a Memphis one-bedroom apartments currently stands at $959.0.

When we take a look at the two-bedroom comparison from April to May, Memphis experienced a -0.09% decrease for the price of a two-bedroom apartment. The rent price for a Memphis two-bedroom apartments currently stands at $1,074.0.

May Prices: Memphis vs. Surrounding Areas

Germantown, TN
Cordova, TN
Collierville, TN
Horn Lake, MS
Southaven, MS
Memphis, TN
Millington, TN
$1,544
$1,476
$1,439
$1,314
$1,260
$953
$500
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Memphis and Surrounding Areas

Rent prices have decreased in Memphis over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 2 of the Memphis suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Horn Lake, MS, Collierville, TN .

  • Rent decreased in Cordova, TN, Southaven, MS, Germantown, TN, Millington, TN.

  • 5 suburbs are currently priced higher than the city of Memphis.

  • 1 suburb is currently priced lower than the city of Memphis.

May 2024 Pricing Trends: Memphis vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Memphis, TN
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$953
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Memphis Rent Prices More Affordable Than Major Cities

Rent growth in Memphis over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Memphis average rent prices appear to be relatively affordable for local residents.

The price for a Memphis one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Memphis and surrounding area rent prices, take a look at the complete data set below.

Data set for Memphis and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Memphis, TN $953.0 -0.52% $1,068.0 -0.19%
Cordova, TN $1,476.0 -0.14% $1,624.0 -0.61%
Southaven, MS $1,260.0 -0.79% $1,457.0 1.39%
Horn Lake, MS $1,314.0 0.84% $1,428.0 -0.49%
Collierville, TN $1,439.0 3.01% $1,632.0 0.00%
Germantown, TN $1,544.0 -0.07% $1,845.0 0.55%
Millington, TN $500.0 0.00% $1,500.0 42.45%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Memphis Apartments
Memphis Apartments by Neighborhood
Memphis Apartments by Bedrooms
Memphis Apartments by Affordability
Memphis Apartments with Amenities
Memphis Apartments by Type
Colleges Near Memphis
Memphis Apartments by Zip Code