Updated 20 Hours Ago
Location
Chicago, IL 60649, USA|South Shore
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Property Overview
7642 Exchange Condo Association earns a strong overall rating, combining excellent value, standout location, and solid amenities with a trustworthy property description. It is positioned well for renters seeking convenience and competitive pricing, and its value for money ranks above many nearby properties.
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
Less expensive- 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 58% cheaper per month.
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
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- 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 16% less than the average rent price for 1-bedroom apartments in South Shore.
Median rents as of Jul 11 2026.
South Shore
Chicago
| Month | Median Rent |
|---|---|
| July 2024 | $1,895 |
| 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 | $1,684 |
| June 2026 | $1,691 |
| July 2026 | $1,672 |
| Month | Median Rent |
|---|---|
| July 2024 | $795 |
| 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 | $936 |
| June 2026 | $946 |
| July 2026 | $925 |
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
Wide variety of groceries within a few minutes' walk
Shopping
6/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
4/10
Some cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
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
5/10
Variety of bars within a short drive
Explore the area around Chicago
Local Market Foods
2101 E 71st St
East Food & Liqrs
2257 E 71st St
Manny's Grocery
7627 S Jeffery Blvd
The Unit, Inc
2523 E 75th St
Amir Food Mart
1877 E 71st St
Snipes
7131 S Jeffery Blvd
Snipes
2101 E 71st St
DTLR
2101 E 71st St
Family Dollar
2159 E 71st St
Rainbow
7131 S Jeffery Blvd
Dunkin'
6701 S Jeffery Blvd
Starbucks
7101 S Stony Island Ave
Dunkin'
7013 S Stony Island Ave
Robust Coffee Lounge
6300 S Woodlawn Ave
Dunkin'
8753 S Stony Island Ave
Jeffrey Pub
7041 S Jeffery Blvd
Buffalo Wild Wings GO
6714 S Stony Island Ave
Celebrity Lounge
2020 E 83rd St
Checkerboard Lounge Chicago
8531 S Crandon Ave
Reynold's Lounge
938 E 75th St
Give Me Some Sugah
2234 E 71st St
Majani
7261 S Exchange Ave
Krazy Kake House
7845 S Merrill Ave
Jars By Jasiman LLC
1732 E 79th St
Fisherman's Island
6724 S Stony Island Ave
71st & Crandon Organic Garden
South Shore Good Foods Community Garden
South Merrill Community Garden
Rosenblum Park
Don Nash Playground
Greenbites
Goddess Barabicu & Bakeri
7421 S Luella Ave
Babas Famous Steak & Lemonade
2101 E 71st St
New China Express
2101 E 71st St
Red Rooster
2101 E 71st St
75th Street / Paxton
74th / 75th, South Shore Night Bus, 95th
75th Street / Paxton
95th, 74th / 75th, South Shore Night Bus
75th Street / Crandon
95th, South Shore Night Bus, 74th / 75th
75th Street / Crandon
95th, 74th / 75th, South Shore Night Bus
75th Street / Clyde
95th, 74th / 75th, South Shore Night Bus
South Shore
Metra Electric
Bryn Mawr
Metra Electric
Windsor Park
Metra Electric
Stony Island
Metra Electric
Cheltenham (79th St.)
Metra Electric
East 63rd-Cottage Grove
Green Line, Green Line
King Drive
Green Line, Green Line
69th
Red Line, Red Line
79th
Red Line, Red Line
87th
Red Line, Red Line
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