New Chicago, IN rental market

What is the average rent in New Chicago, IN?

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Last updated June 27, 2026

Rental market summary

The average rent for all bedrooms and all property types in New Chicago, IN is $1,270.

Average rent

$1,270

Month-over-month change

+$33

Year-over-year change

-$25

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,234 to $1,500.

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Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,4001
$1,500+1

Average rent price over time

In the last year, rent has decreased by $25 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,266$1,125
Feb$1,100$1,495
Mar$1,100$1,100
Apr$1,100$1,100
May$1,045$1,350
Jun$1,095$1,305
Jul$1,295No data
Aug$1,295No data
Oct$850No data
Nov$1,465No data
Dec$1,400No data

Market temperature

The New Chicago, IN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in New Chicago, IN is 37% lower than the national average.

New Chicago, INvs.

$1,270

$2,020

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Frequently asked questions

1. What is the average rent in New Chicago, IN?

The average rent in New Chicago, IN is $1,270.

2. What is the average rent for a two-bedroom apartment in New Chicago, IN?

The average rent for a two-bedroom apartment in New Chicago, IN is $1,270 per month.

3. What is the average rent for a three-bedroom apartment in New Chicago, IN?

The average rent for a three-bedroom apartment in New Chicago, IN is $1,395 per month.

4. How much does it cost to rent a house in New Chicago, IN?

Houses in New Chicago, IN rent between $1,234 - $1,500 with an average rent of $1,270.

5. How has the rent in New Chicago, IN changed in the last year?

In the last year, the rent in New Chicago, IN decreased by $25

6. How much has the rent in New Chicago, IN increased/decreased in the last month?

In the last month, the rent in New Chicago, IN increased by $33

7. How many available rentals are there in New Chicago, IN?

There are currently 2 rentals available in New Chicago, IN.

8. How do rent prices in New Chicago, IN compare with the national average?

The average rent in New Chicago, IN is $1,270 — 37.13% lower the national average of $2,020.

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