How much does it cost to rent at The Residences at NEWCITY?

Rent at The Residences at NEWCITY in Chicago, IL ranges from $2,671 to $4,895 per month as of August 1, 2026.

What is the average studio rent at The Residences at NEWCITY?

The average studio apartment at The Residences at NEWCITY costs $2,671/month, starting from $2,671.

What is the average 1 bed rent at The Residences at NEWCITY?

The average 1 bed apartment at The Residences at NEWCITY costs $3,501/month, starting from $2,771.

What is the average 2 bed rent at The Residences at NEWCITY?

The average 2 bed apartment at The Residences at NEWCITY costs $4,895/month, starting from $4,895.

Is The Residences at NEWCITY a good apartment complex?

The Residences at NEWCITY has a 4.4-star rating on Google based on 86 reviews.

Updated today at 8:26 p.m. CT

The Residences at NEWCITY

Name: The Residences at NEWCITY
Address: 1457 N Halsted St, Chicago, IL, 60642, US
Telephone: (872) 225-3487
Rating: 4.4

1457 N Halsted St, Chicago, IL 60642, USA

4.4 (86 reviews) Official Website (872) 225-3487

Live pricing, refreshed today at 8:26 p.m. CT

Units Listed

$2,671

Starting at

$3,564

Average

$4,895

Highest

$4.27

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Chicago 60642 rent trends

Beds

Pricing by Bedroom

Studio

$2,671

from $2,671 · 1 units

~590 sqft avg

1 Bed

$3,501

from $2,771 · 7 units

~828 sqft avg

2 Bed

$4,895

from $4,895 · 1 units

~1,130 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: stated by the property itself
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$652K

$7.8M annual run rate

Est. Occupancy

95%

of about 199 units (reported building size)

Effective Rent on New Leases

$3,433

vs $3,564 current asking ($131 negotiation gap)

Recent Lease Activity

47 units tracked; 38 assumed leased, 9 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Moderate availability

6 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Near North Side

Neighborhood

1133 N Dearborn - PPM Apartments

$1,892 Windsor North + Vine Apartments

$2,154 AMLI 808

$2,206

The Residences at NEWCITY

$2,671

Comparing 4 apartments in Near North Side. Click any bar to view that building.

See Near North Side rent trends on the Chicago, IL map Explore Chicago, IL on the interactive map

Available Units

Sort

9 units

Studio / 1 Bath Studio A

$2,671/mo

590 ft² · $4.53/ft² · #0702

1 Bed / 1 Bath Studio A

$2,771/mo

590 ft² · $4.70/ft² · #0802

1 Bed / 1 Bath 1 Bedroom A Plus

$3,135/mo

800 ft² · $3.92/ft² · #0710

Up $100 since Jun 28 (was $3,035)

1 Bed / 1 Bath 1 Bedroom A

$3,450/mo

800 ft² · $4.31/ft² · #1111

Up $100 since Jun 28 (was $3,350)

1 Bed / 1 Bath 1 Bedroom A

$3,460/mo

800 ft² · $4.33/ft² · #1411

1 Bed / 1 Bath 1 Bedroom w/Den B Plus

$3,884/mo

935 ft² · $4.15/ft² · #0612

Up $100 since Jun 28 (was $3,784)

1 Bed / 1 Bath 1 Bedroom w/Den B

$3,894/mo

935 ft² · $4.16/ft² · #1003

Up $241 since Jul 15 (was $3,653)

1 Bed / 1 Bath 1 Bedroom w/Den B

$3,914/mo

935 ft² · $4.19/ft² · #1603

2 Bed / 2 Bath 2 Bedroom B

$4,895/mo

1,130 ft² · $4.33/ft² · #1502

Up $100 since Jun 27 (was $4,795)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
0702	Studio A	Studio / 1ba	590	$2,671	$4.53	2026-09-07	Pro
0802	Studio A	1bd / 1ba	590	$2,771	$4.70	2026-11-07	Pro
0710	1 Bedroom A Plus	1bd / 1ba	800	$3,135	$3.92	2027-01-07	Pro	Up $100 since Jun 28
1111	1 Bedroom A	1bd / 1ba	800	$3,450	$4.31	2026-10-05	Pro	Up $100 since Jun 28
1411	1 Bedroom A	1bd / 1ba	800	$3,460	$4.33	2026-08-14	Pro
0612	1 Bedroom w/Den B Plus	1bd / 1ba	935	$3,884	$4.15	2024-10-31	Pro	Up $100 since Jun 28
1003	1 Bedroom w/Den B	1bd / 1ba	935	$3,894	$4.16	2026-08-19	Pro	Up $241 since Jul 15
1603	1 Bedroom w/Den B	1bd / 1ba	935	$3,914	$4.19	2026-10-07	Pro
1502	2 Bedroom B	2bd / 2ba	1,130	$4,895	$4.33	2026-08-28	Pro	Up $100 since Jun 27

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Chicago, IL notes

No resident notes for this property yet.