Updated 5+ Days Ago
Highlights
- Central air conditioning
- Spacious bedrooms
Location
8138 S Exchange Ave, Chicago, IL 60617, USA|South Chicago
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Property Overview
8138 South Exchange Avenue offers central air conditioning and spacious bedrooms, along with an overall strong value profile. It earns an 8/10 expert rating, with especially high marks for price and location, and its value per square foot ranks in the 100th percentile locally. Nearby top-rated middle and high schools are also close by, adding to its 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.
Things you’ll love
More space- Middle school nearby
- High school nearby
Floor plans
| 8138 South Exchange Avenue - 1 | 3 bed | 1 bath | 1,380 sqft | $1,725 /mo | 3-bedroom, 1-bath apartment. Property Features:? 3 Spacious Bedrooms? 1 Full Bathroom? Central Air Conditioning? Functional Floor Plan? Convenient South Side Location 2 Bedroom CHA Voucher Welcome! Rent: $1,725/month? Move-In Fee: $875? Application Fee: $55 Market Tenant Requirements:? Minimum Monthly Income: $5,475??? Credit and background screening required Voucher holders are not required to meet income requirements. If you're interested in scheduling a showing or have any questions, please reply to this message or call/text me at 312-505-7863 |
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Policies and fees
Applicants
Application Fee
Per-applicant. Agent application fee.
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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 |
|---|
About 8138 South Exchange Avenue
3-bedroom, 1-bath apartment. Property Features:? 3 Spacious Bedrooms? 1 Full Bathroom? Central Air Conditioning? Functional Floor Plan? Convenient South Side Location 2 Bedroom CHA Voucher Welcome! Rent: $1,725/month? Move-In Fee: $875? Application Fee: $55 Market Tenant Requirements:? Minimum Monthly Income: $5,475??? Credit and background screening required Voucher holders are not required to meet income requirements. If you're interested in scheduling a showing or have any questions, please reply to this message or call/text me at 312-505-7863
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.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 8138 South Exchange Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 8138 South Exchange Avenue 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·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.
8138 South Exchange Avenue 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, 8138 South Exchange Avenue 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.
8138 South Exchange Avenue 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 8138 South Exchange Avenue 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.
8138 South Exchange Avenue 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 8138 South Exchange Avenue compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 280 sqft larger than other listings nearby
- Middle school nearby
- There is a middle school 0.4 miles away
- High school nearby
- There is a high school 0.2 miles away
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.3 miles away
- Distance from transit
- More than 3.7 miles from public transportation
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in South Chicago
3-bedroom apartments at 8138 South Exchange Avenue cost about 11% more than the average rent price for 3-bedroom apartments in South Chicago.
Median rents as of Oct 24 2026.
South Chicago
Chicago
| Month | Median Rent |
|---|---|
| November 2024 | $1,562 |
| 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 |
| September 2026 | $1,650 |
| October 2026 | $1,726 |
| Month | Median Rent |
|---|---|
| February 2026 | $785 |
| March 2026 | $785 |
| April 2026 | $785 |
| May 2026 | $785 |
| June 2026 | $775 |
| July 2026 | $765 |
Affordability calculator
Can I afford to live at 8138 S Exchange Ave?
Bedrooms
3 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
$69,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $69,000 annually to afford this 3-bedrooms monthly rent price of $1,725.
For more information on rent affordability, visit our rent calculator.
Schools near 8138 South Exchange Avenue
Ninos Heroes Elementary Academic Center
8344 s commercial ave
chicago, IL, 60617
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
Sadlowski Elementary School
3930 e 105th st
chicago, IL, 60617
PK, K-8Public
C-
Ariel Elementary Community Academy
1119 e 46th st
chicago, IL, 60653
PK, K-8Public
C-
Getting around Chicago near 8138 S Exchange Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
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 8138 S Exchange Ave, Chicago
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
5/10
Variety of shops within a short drive
Cafes
3/10
Some cafés within a short drive
Restaurants
6/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
10/10
At least one elementary school within a 5-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
3/10
Some bars within a short drive
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