4 Days Ago
Location
5503 W Belmont Ave #2F, Chicago, IL 60641, USA|Belmont Cragin
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Property Overview
Set in Chicago’s Belmont Cragin area, the home offers practical comforts like updated interiors, a functional layout, and nearby everyday conveniences. It’s well-suited for renters or owners seeking an affordable city option with easy access to transit, shops, and local amenities. Overall, the space balances value and livability with features that support a straightforward, low-maintenance lifestyle.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Images available
Great for
Pet owners
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 5503 W Belmont Ave #2F
5503 W Belmont Ave #2F cost $1,300 per month. Located at 5503 W Belmont Ave #2F, Chicago, IL 60641, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Chicago, renting this apartment is 42% cheaper per month.Other available apartments to lease near Chicago around the same price include but are not limited to: 1725 W Thorndale Ave #2A, 1164 N Dearborn St #315
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5503 W Belmont Ave, Chicago, IL 60641, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Address details
| Neighborhood | Belmont Cragin |
|---|---|
| Zip code | 60641 |
| Type | Apartment for rent |
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Rent trends in Belmont Cragin
1-bedroom apartments at 5503 W Belmont Ave #2F cost about the same as the average rent price for 1-bedroom apartments in Chicago.
Median rents as of May 9 2026.
Belmont Cragin
Chicago
| Month | Median Rent |
|---|---|
| May 2024 | $2,295 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,232 |
| April 2026 | $2,219 |
| May 2026 | $2,250 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,250 |
| June 2024 | $1,250 |
| July 2024 | $1,237 |
| August 2024 | $1,245 |
| September 2024 | $1,200 |
| October 2024 | $1,268 |
| November 2024 | $1,286 |
| December 2024 | $1,233 |
| January 2025 | $1,190 |
| February 2025 | $1,150 |
| March 2025 | $1,230 |
| April 2025 | $1,268 |
| May 2025 | $1,275 |
| June 2025 | $1,250 |
| July 2025 | $1,250 |
| August 2025 | $1,256 |
| September 2025 | $1,327 |
| October 2025 | $1,302 |
| November 2025 | $1,320 |
| December 2025 | $1,263 |
| January 2026 | $1,344 |
| February 2026 | $1,299 |
| March 2026 | $1,331 |
| April 2026 | $1,378 |
| May 2026 | $1,319 |
Affordability calculator
Can I afford to live at 5503 W Belmont Ave #2F?
Bedrooms
1 bedroomRent-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
$52,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 1-bedroom monthly rent price of $1,300.
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 | |||||
|---|---|---|---|---|---|
| This month | $1,300 | 1 bed | 1 bath | ||
| 11 months ago | $1,100 | Studio | 1 bath | ||
| 11 months ago | $1,100 | 1 bed | 1 bath | ||
| 1 year ago | $1,300 | 2 bed | 1 bath | ||
| 2 years ago | $1,000 | 1 bed | 1 bath | ||
| 2 years ago | $1,000 | 1 bed | 1 bath |
Schools near 5503 W Belmont Ave #2F
Marvin Camras Elementary School
3000 n mango ave
chicago, IL, 60634
PK, K-8Public
C+
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
Union Ridge Elementary School
4600 n oak park ave
harwood heights, IL, 60706
PK, K-8Public
A-
Beard Elementary School
6445 w strong st
chicago, IL, 60656
PK, K-3Public
B+
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Internet available near 5503 W Belmont Ave #2F
Getting around Chicago near 5503 W Belmont Ave #2F
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 5503 W Belmont Ave #2F, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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