Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Granite countertops
  • High ceilings

Location

438 East 49th Street, Chicago, Illinois 60615, United States|Grand Boulevard
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Contact

Management

DrexelXPM LLC

Leasing office

(708) 568-0798

Property Overview

This property at 438 49th Street achieves a solid Zumper Expert Rating of 8.1, reflecting its competitive pricing, impressive amenities, and exceptional location, scoring 9 out of 10 for both pricing and location. Notable features include stainless steel appliances, granite countertops, and high ceilings, while its proximity to a highly-rated high school and essential services adds to its appeal, ranking in the 92.31 percentile for value per square foot. Overall, it represents an excellent opportunity for renters seeking quality and convenience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.1
Very Good
With a solid 8.1 out of 10 overall, 438 49th Steet is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 438 49th Steet has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • More space
  • High school nearby

Floor plans

3BR/1.0BA3 bed1 bath1,700 sqft$2,500 /mo1 unit availableDiscover the perfect blend of historic charm and modern convenience in this spacious **3-bedroom, 1-bathroom** apartment located at **438 East 49th Street** in the heart of Chicago’s vibrant **Bronzeville** neighborhood. Step inside to soaring high ceilings, large windows, and generously sized rooms that fill the home with natural light. The layout offers a rare combination of a separate family room, living room, and dining room—perfect for both entertaining and everyday living. Situated near parks, shopping, dining, and public transit, this beautifully updated apartment delivers style, space, and an unbeatable location. Welcome home to Bronzeville living at its best! **Unit Features:** * High ceilings * Granite countertops * Stainless steel appliances * Microwave * In-unit washer and dryer * Modern light fixtures * Ceiling fans * Large windows * Separate family room * Separate living room * Dedicated dining room **Neighborhood Highlights:** * Surrounded by historic architecture and cultural landmarks * Close to Mariano’s, Jewel-Osco, and local convenience shops * Minutes from popular dining, cafés, and boutique restaurants * Easy access to CTA Red and Green Lines, bus routes, and major expressways * Near Lake Michigan, Oakwood Beach, and lakefront trails * Close to Illinois Institute of Technology (IIT) and University of Chicago facilities * Nearby parks and green spaces (including Dunbar Park) * Vibrant arts scene with murals, galleries, and community events * Short commute to Downtown Chicago and Hyde Park * Growing neighborhood with new retail and entertainment options 3D tour: zillow. com view-imx 1bf3a5c1-fda1-4b1d-8e4a-f2346b46b868?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard Contact us DrexelProperties. com for more questions or to schedule a tour.

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Amenities for 438 49th Steet

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About 438 49th Steet

HomeApartments in ChicagoGrand Boulevard 438 49th Steet

Discover the perfect blend of historic charm and modern convenience in this spacious **3-bedroom, 1-bathroom** apartment located at **438 East 49th Street** in the heart of Chicago’s vibrant **Bronzeville** neighborhood. Step inside to soaring high ceilings, large windows, and generously sized rooms that fill the home with natural light. The layout offers a rare combination of a separate family room, living room, and dining room—perfect for both entertaining and everyday living. Situated near parks, shopping, dining, and public transit, this beautifully updated apartment delivers style, space, and an unbeatable location. Welcome home to Bronzeville living at its best! **Unit Features:** * High ceilings * Granite countertops * Stainless steel appliances * Microwave * In-unit washer and dryer * Modern light fixtures * Ceiling fans * Large windows * Separate family room * Separate living room * Dedicated dining room **Neighborhood Highlights:** * Surrounded by historic architecture and cultural landmarks * Close to Mariano’s, Jewel-Osco, and local convenience shops * Minutes from popular dining, cafés, and boutique restaurants * Easy access to CTA Red and Green Lines, bus routes, and major expressways * Near Lake Michigan, Oakwood Beach, and lakefront trails * Close to Illinois Institute of Technology (IIT) and University of Chicago facilities * Nearby parks and green spaces (including Dunbar Park) * Vibrant arts scene with murals, galleries, and community events * Short commute to Downtown Chicago and Hyde Park * Growing neighborhood with new retail and entertainment options 3D tour: zillow. com view-imx 1bf3a5c1-fda1-4b1d-8e4a-f2346b46b868?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard Contact us DrexelProperties. com for more questions or to schedule a tour.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 438 49th Steet is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 438 49th Steet has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 438 49th Steet
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
438 49th Steet stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 438 49th Steet is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
438 49th Steet is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 438 49th Steet does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 438 49th Steet compares to other nearby properties.

Positives

More space
The 3-bedroom is 591 sqft larger than other listings nearby
High school nearby
There is a high school 0.3 mile away

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.5 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Grand Boulevard

3-bedroom apartments at 438 49th Steet cost about 8% more than the average rent price for 3-bedroom apartments in Grand Boulevard.

Median rents as of Nov 22 2025.
Grand Boulevard
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
December 2023$1,568
January 2024$1,595
February 2024$1,627
March 2024$1,926
April 2024$1,745
May 2024$1,751
June 2024$1,764
July 2024$1,931
August 2024$1,691
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$1,511
A table of studio rental data trends in Grand Boulevard
MonthMedian Rent
February 2024$1,175
March 2024$1,175
May 2024$9,999
June 2024$5,462
July 2024$1,025
August 2024$1,012
September 2024$943
October 2024$915
November 2024$850
March 2025$1,037
April 2025$1,312
May 2025$1,004
June 2025$1,108
July 2025$1,011
August 2025$770
September 2025$800
October 2025$727
November 2025$633

Affordability calculator

Can I afford to live at 438 East 49th Street?

Bedrooms

3 bedrooms

Rent-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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 3-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.

Schools near 438 49th Steet

Burke Elementary School

5356 s king dr

chicago, IL, 60615

PK, K-8Public
C-

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-

Woodlawn Elementary Community School

6657 s kimbark ave

chicago, IL, 60637

PK, K-6Public
C

South Shore Fine Arts Elementary School

1415 e 70th st

chicago, IL, 60637

PK, K-8Public
C

Thomas Early Childhood Center

3625 s hoyne ave

chicago, IL, 60609

PKPublic
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Internet available near 438 49th Steet

Getting around Chicago near 438 East 49th Street

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 438 East 49th Street, Chicago

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 20-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

9/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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