Updated 13 Hours Ago
Location
5402 W Rice St, Chicago, IL 60651, USA|Austin
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Property Overview
5402 W Rice combines strong value with a high overall rating, standout location, and a solid set of amenities. It also offers 22 photos and exceptional value for money, making it a well-rounded option with convenient access to nearby points of interest and a nearby top-rated high school.
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
- Images Available
Floor plans
| 1 Bedroom 1 Bath Apartment | 1 bed | 1 bath | 500 sqft | $1,090 /mo | 2 units available |
Let's explore this property.
Amenities for 5402 W Rice
Apartment Amenities
| 1st Floor | Heat Included |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Administration Fee
One-time.
$15
Security Deposit
One-time. Refundable.
Contact Property
OPTIONAL FEES
Parking Policy
Other
Parking Fee
Parking Fee
Monthly. 2 parking fees max.
$25
Questions about this property’s policies and fees?
Building details
Property details
| Units | 12 |
|---|
About 5402 W Rice
This 12 unit building in Austin, Chicago features great amenities. Walking distance to and can be easily accessed via CTA Green Rail Lines & 57 Laramie Bus Line. Call today for a showing!
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, 5402 W Rice is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5402 W Rice 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.
5402 W Rice 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, 5402 W Rice 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.
5402 W Rice 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 5402 W Rice 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.
5402 W Rice 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 5402 W Rice compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 0.1 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this property
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1.6 miles away
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Rent trends in Austin
1-bedroom apartments at 5402 W Rice cost about 5% less than the average rent price for 1-bedroom apartments in Austin.
Median rents as of Oct 24 2026.
Austin
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 |
|---|---|
| November 2024 | $1,299 |
| December 2024 | $2,378 |
| January 2025 | $2,610 |
| February 2025 | $2,742 |
| March 2025 | $2,940 |
| April 2025 | $2,942 |
| May 2025 | $1,515 |
| June 2025 | $1,145 |
| July 2025 | $1,115 |
| August 2025 | $1,028 |
| September 2025 | $920 |
| October 2025 | $889 |
| November 2025 | $1,002 |
| December 2025 | $1,150 |
| January 2026 | $1,133 |
| February 2026 | $1,108 |
| March 2026 | $1,036 |
| April 2026 | $1,068 |
| May 2026 | $1,050 |
| June 2026 | $997 |
| July 2026 | $998 |
| August 2026 | $978 |
| September 2026 | $966 |
| October 2026 | $1,300 |
Affordability calculator
Can I afford to live at 5402 W Rice St?
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
$43,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $43,600 annually to afford this 1-bedroom monthly rent price of $1,090.
For more information on rent affordability, visit our rent calculator.
Schools near 5402 W Rice
Brunson Math & Science Specialty Elementary School
932 n central ave
chicago, IL, 60651
PK, K-8Public
C-
Plato Learning Academy Elementary School
5545 w harrison st
chicago, IL, 60644
K-8Public
C-
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
Chicago Commons Nia Family Center
744 n monticello ave
chicago, IL, 60624
PKPublic
Chicago Commons Taylor Center for New Experiences
1633 north hamlin ave
chicago, IL, 60647
PKPublic
Neighborhood
Austin | Chicago, IL
Getting around Chicago near 5402 W Rice St
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample 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 5402 W Rice St, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
3/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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