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Highlights

  • Hardwood floors
  • Eat-in kitchen
  • Spacious two-bed room
  • Decorative fireplace

Location

4850 S Michigan Ave, Chicago, IL 60615, USA|Grand Boulevard
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Property Overview

Michigan/49th stands out for its strong overall value, with a high expert rating, competitive pricing, and excellent scores for location, amenities, and quality. It also offers practical appeal through hardwood floors, an eat-in kitchen, a decorative fireplace, and a spacious two-bed room, along with notable value-for-money and value-per-square-foot rankings.

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

8.9
Very Good
With a solid 8.9 out of 10 overall, Michigan/49th is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Michigan/49th 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

1BR/1.0BA1 bed1 bath1,140 sqftThis charming unit features large windows, hardwood floors, overhead lighting, and elegant crown molding throughout. Enjoy a bright, airy feel in a classic layout with modern touches. Section 8 welcome! Located just minutes from the lake, parks, and everyday conveniences—perfect for comfortable city living. To book a showing, click here: https showmojo com d4fdccc0af l
2BR/1.0BA2 bed1 bath990 sqftSpacious 2-Bed with tons of natural light, hardwood floors, eat-in kitchen, overhead lighting, decorative fireplace, and more! Located near parks, schools, dining, and the highway. Section 8 welcome. To book a showing, click here: https showmojo com d4fdccc0af l
3BR/1.5BA3 bed1.5 bath1,250 sqft

Available rentals nearby

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5252

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Hyde Park • 5252 S Cornell Ave

2 Beds

$3,895–$4,500

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7300 S Yates Blvd

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South Shore • 2347 E 73rd St

3 Beds

$1,650

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6101 S Langley

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Woodlawn • 6101 S Langley Ave

2 Beds

$1,130

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4750 S Calumet

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Grand Boulevard • 4750 S Calumet Ave

3 Beds

$1,500

featured image of 1310 E Hyde Park Blvd

The Trilogy at Hyde Park

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Kenwood • 1310 E Hyde Park Blvd

3 Beds

$2,500–$2,795

featured image of 5200 S Blackstone Ave

The Blackwood

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Hyde Park • 5200 S Blackstone Ave

1–2 Beds

$1,635–$2,370

featured image of 4726 S Woodlawn Ave

Woodlawn Terrace

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Kenwood • 4726 S Woodlawn Ave

1–2 Beds

$1,499–$1,855

featured image of 5035 S East End Ave

Regents Park

Our team has verified this company

Kenwood • 5035 S East End Ave

1–3 Beds

$1,885–$3,500

featured image of 5252 S Cornell Ave

5252

Our team has verified this company

Hyde Park • 5252 S Cornell Ave

2 Beds

$3,895–$4,500

featured image of 2347 E 73rd St

7300 S Yates Blvd

Our team has verified this company

South Shore • 2347 E 73rd St

3 Beds

$1,650

featured image of 6101 S Langley Ave

6101 S Langley

Our team has verified this company

Woodlawn • 6101 S Langley Ave

2 Beds

$1,130

featured image of 4750 S Calumet Ave

4750 S Calumet

Our team has verified this company

Grand Boulevard • 4750 S Calumet Ave

3 Beds

$1,500

featured image of 1310 E Hyde Park Blvd

The Trilogy at Hyde Park

Our team has verified this company

Kenwood • 1310 E Hyde Park Blvd

3 Beds

$2,500–$2,795

featured image of 5200 S Blackstone Ave

The Blackwood

Our team has verified this company

Hyde Park • 5200 S Blackstone Ave

1–2 Beds

$1,635–$2,370

featured image of 4726 S Woodlawn Ave

Woodlawn Terrace

Our team has verified this company

Kenwood • 4726 S Woodlawn Ave

1–2 Beds

$1,499–$1,855

featured image of 5035 S East End Ave

Regents Park

Our team has verified this company

Kenwood • 5035 S East End Ave

1–3 Beds

$1,885–$3,500

Rent trends in Grand Boulevard

Median rents as of Jul 25 2026.
Grand Boulevard
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
August 2024$1,676
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$1,658
A table of studio rental data trends in Grand Boulevard
MonthMedian Rent
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$612
December 2025$651
January 2026$650
February 2026$718
March 2026$852
April 2026$767
May 2026$803
June 2026$652
July 2026$600

Schools near Michigan/49th

Burke Elementary School

5356 s king dr

chicago, IL, 60615

PK, K-8Public
C-

Bronzeville Classical Elementary School

8 w root st

chicago, IL, 60609

K-6Public
A-

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-

Chicago Commons Paulo Freire Center

1653 west 43rd st

chicago, IL, 60609

PKPublic

Bridgeport Child Development Center

3053 s normal ave

chicago, IL, 60616

PKPublic
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Internet available near Michigan/49th

Getting around Chicago near 4850 S Michigan Ave

Walking

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

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

7/10
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 4850 S Michigan Ave, Chicago

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

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

High schools

10/10
At least one high school within a 5-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 4850 S Michigan Ave

Red Apple
315 E 51st St
200 Cut Rate Liquors & Grocers
204 E 47th St
Sugars Plus Inc
525 E 47th St
Sip & Saver
528 E 43rd St
Tony's Stop & Save
4351 S Cottage Grove Ave

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