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506 N May St506 N May St, Chicago, IL 60642, USA
Apartment for rent
Pet friendly
| Monthly rent | $2,295 |
|---|---|
| Beds | 2 |
| Baths | 1 |
| Sqft | 950 |
Listed 37 Minutes Ago
2 Bed 1 bath unit
Address details
| Units | 6 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 60642 |
Highlights
Pet Friendly
Units
506 N May St, Chicago, IL
506 N May St Chicago, IL
New Listing
1
Our team has verified this company2 Beds
1 Bath
$2,295
Deck • Dishwasher • Balcony • Central Heat • Air Conditioning • On-Site Laundry
New Listing
3
2 Beds
1 Bath
$2,295
Deck • Dishwasher • Balcony • Central Heat • In-Unit Laundry • On-Site Laundry
Amenities for 506 N May St
Some units at this address have these amenities. View unit details for more information.
Building
- Dogs Ok
- Cats Ok
- Business Center
- On-Site Laundry
- Storage
Unit Amenities
- Deck
- Dishwasher
- Balcony
- Central Heat
- Air Conditioning
- On-Site Laundry
- Hardwood Floor
- In-Unit Laundry
- Ceiling Fan
Policies at 506 N May St
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 506 N May St
Interested in leasing 506 N May St, Chicago, IL 60642, USA? Currently, 506 N May St, Chicago, IL 60642, USA is available to rent or lease. It is a 2-bedroom apartment with 1 bathroom. Below, you can compare the rent price at 506 N May St, Chicago, IL 60642, USA vs overall rent prices in West Town, IL. We have compiled nearby businesses and things to do close to 506 N May St, Chicago, IL 60642, USA.
Address details
| Units | 6 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 60642 |
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Rent trends in Chicago
If you decide to upgrade your space, you can expect 2-bedrooms at 506 N May St #1 to be 21% less than the average for similarly sized apartments in West Town.
Median rents as of Aug 22 2026.
West Town
Chicago
| Month | Median Rent |
|---|---|
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,658 |
| August 2026 | $1,650 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,807 |
| October 2024 | $1,901 |
| November 2024 | $2,039 |
| December 2024 | $1,888 |
| January 2025 | $1,838 |
| February 2025 | $1,826 |
| March 2025 | $1,881 |
| April 2025 | $1,931 |
| May 2025 | $1,988 |
| June 2025 | $2,039 |
| July 2025 | $2,019 |
| August 2025 | $2,011 |
| September 2025 | $2,016 |
| October 2025 | $1,990 |
| November 2025 | $2,028 |
| December 2025 | $2,028 |
| January 2026 | $2,028 |
| February 2026 | $2,026 |
| March 2026 | $2,139 |
| April 2026 | $2,194 |
| May 2026 | $2,252 |
| June 2026 | $2,208 |
| July 2026 | $2,098 |
| August 2026 | $2,189 |
Affordability calculator
Can I afford to live at 506 N May St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$91,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $91,800 annually to afford this 2-bedrooms median monthly rent price of $2,295.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 5 years ago | $2,845 | 4 bed | 2 bath | ||
| 8 years ago | $2,845 | 4 bed | 2 bath | ||
| 10 years ago | $1,895 | 3 bed | 2 bath | ||
| 10 years ago | $1,525 | 2 bed | 1 bath |
Schools near 506 N May St #1
Otis Elementary School
525 n armour st
chicago, IL, 60642
PK, K-8Public
C
Rudolph Elementary Learning Center
1628 w washington blvd
chicago, IL, 60612
PK, K-7Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Chicago Commons Guadalupano Family Center
1814 s paulina ave
chicago, IL, 60608
PKPublic
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Neighborhood
West Town | Chicago, IL
Getting around Chicago near 506 N May St
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 506 N May St, Chicago
Groceries
10/10
Exceptional variety of groceries within a few minutes' walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
10/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
10/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
10/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 506 N May St
Bari Italian Subs
1120 W Grand Ave
Gemma Foods
1117 W Grand Ave
Tempesta Market
1372 W Grand Ave
Urban Market
1001 W Chicago Ave
Go Grocer
205 S Peoria St
La Mode Partners
1147 W Ohio St
Skinnycorp LLC
400 N Morgan St
Perpetual Motion
688 N Milwaukee Ave
Patagonia
1115 W Fulton Market
M2057 Style Studio
210 N Morgan St
Starbucks
520 N Ogden Ave
Fairgrounds Coffee & Tea
1330 W Fulton St
Big Shoulders Coffee
1105 W Chicago Ave
Coffee Junkie
1105 W Chicago Ave
Uncooked
210 N Carpenter St
Butterfly Sushi Bar | Thai Cuisine
1139 W Grand Ave
Bar Tabu
401 N Morgan St
Tetto
406 N Sangamon St
Six Nine Four LLC
694 N Milwaukee Ave
Sushi By Bou-West Loop
311 N Morgan St
D'Amato's Bakery & Subs
1124 W Grand Ave
Ecbg Cake Studio
636 N Racine Ave
Molly's Cupcakes
179 N Morgan St
Jars By Fabio Viviani
216 N Peoria St
Variety Meat Co
159 N Carpenter St
Garden
Garden
Garden
Playground
Playground
Butterfly Sushi Bar | Thai Cuisine
1139 W Grand Ave
Butterfly Sushi on Chicago
1139 W Grand Ave
Zayna Grill
1147 W Grand Ave
D'Amato's Bakery & Subs
1124 W Grand Ave
Bari Italian Subs
1120 W Grand Ave
Grand / Racine
Grand
Grand / Aberdeen
Grand
Grand / Racine
Grand
Grand / Aberdeen
Grand
Grand / Ogden
Grand
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
LaSalle Street
Rock Island
Western Ave
Milwaukee North, Milwaukee West, North Central Service
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Chicago
Blue Line, Blue Line
Morgan
Pink Line, Pink Line, Green Line, Green Line
Grand
Blue Line, Blue Line
Ashland-Lake
Green Line, Pink Line, Pink Line, Green Line
Clinton
Green Line, Pink Line, Green Line, Pink Line
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