5+ Days Ago
Location
Chicago, IL 60649, USA|South Shore
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Property Overview
7642 Exchange Condo Association offers strong overall value, with competitive pricing, a premier set of amenities, and a convenient location close to a top-rated high school. Its high Zumper expert rating, excellent price, amenities, and location scores, plus a solid trustworthiness rating, suggest a transparent, well-rounded option for renters seeking both quality and affordability.
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.
Things you’ll love
High school nearby
Floor plans
| 7642 Exchange Condo Association - 2 | 1 bed | 1 bath | $925 /mo |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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About 7642 Exchange Condo Association
7642 Exchange Condo Association cost $925 per month. Located at Chicago, IL 60649, USA, 7642 Exchange Condo Association has 1 bedroom units available. Based on the average rent price of 1 bedroom in Chicago, renting an apartment at 7642 Exchange Condo Association is 59% cheaper per month.Other apartment buildings in or around Chicago include but are not limited to: 8326 S Ellis Ave, 5024 W Quincy St, 8231 S Ellis Ave, 1738 W 77th St
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 7642 Exchange Condo Association is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 7642 Exchange Condo Association has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
7642 Exchange Condo Association offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 7642 Exchange Condo Association 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.
7642 Exchange Condo Association 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 7642 Exchange Condo Association does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
7642 Exchange Condo Association provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 7642 Exchange Condo Association compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
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Rent trends in South Shore
1-bedroom apartments at 7642 Exchange Condo Association cost about 15% less than the average rent price for 1-bedroom apartments in South Shore.
Median rents as of May 9 2026.
South Shore
Chicago
| Month | Median Rent |
|---|---|
| May 2024 | $1,760 |
| 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 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| April 2026 | $1,637 |
| May 2026 | $1,672 |
| Month | Median Rent |
|---|---|
| May 2024 | $900 |
| June 2024 | $900 |
| July 2024 | $825 |
| August 2024 | $789 |
| September 2024 | $812 |
| October 2024 | $862 |
| November 2024 | $796 |
| December 2024 | $869 |
| January 2025 | $888 |
| February 2025 | $894 |
| March 2025 | $895 |
| April 2025 | $898 |
| May 2025 | $898 |
| June 2025 | $852 |
| July 2025 | $882 |
| August 2025 | $859 |
| September 2025 | $851 |
| October 2025 | $872 |
| November 2025 | $1,016 |
| December 2025 | $888 |
| January 2026 | $903 |
| February 2026 | $953 |
| March 2026 | $941 |
| April 2026 | $930 |
| May 2026 | $930 |
Affordability calculator
Can I afford to live at Chicago?
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
$37,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,000 annually to afford this 1-bedroom monthly rent price of $925.
For more information on rent affordability, visit our rent calculator.
Schools near 7642 Exchange Condo Association
Bouchet Elementary Math & Science Academy
7355 s jeffery blvd
chicago, IL, 60649
PK, K-8Public
C-
South Shore Fine Arts Elementary School
1415 e 70th st
chicago, IL, 60637
PK, K-8Public
C
Woodlawn Elementary Community School
6657 s kimbark ave
chicago, IL, 60637
PK, K-6Public
C
Ariel Elementary Community Academy
1119 e 46th st
chicago, IL, 60653
PK, K-8Public
C-
Sadlowski Elementary School
3930 e 105th st
chicago, IL, 60617
PK, K-8Public
C-
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Internet available near 7642 Exchange Condo Association
Neighborhood
South Shore | Chicago, IL
Getting around IL 60649 near Chicago
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.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for Chicago, IL 60649
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
3/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
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