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506 North 42nd Street is rated highly for overall value, with especially strong marks for price, location, and amenities. It also stands out for its strong value-for-money standing and proximity to a top-rated middle school, making it an appealing option for renters seeking convenience and solid features.
Things you’ll love
| 506 North 42nd Street - A | Studio | 1 bath | $850 /mo | (Exclusive for 62yrs old and up Only) $850/ Month Requirements * Atleast 550 Credit Score * Clear background check * Positive rental history * Able to pay Total Move In Cost (1st month and 2 security deposits) * Must be working cause will be asking 6 or 4 paystubs (If not, as many proof of income as you can provide.) * 4 Bank Statements * 1 Photo ID * $4.99 Application Fee (Non Refundable) |
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Questions about this property’s policies and fees?
| Units | 1 |
|---|
(Exclusive for 62yrs old and up Only) $850/ Month Requirements * Atleast 550 Credit Score * Clear background check * Positive rental history * Able to pay Total Move In Cost (1st month and 2 security deposits) * Must be working cause will be asking 6 or 4 paystubs (If not, as many proof of income as you can provide.) * 4 Bank Statements * 1 Photo ID * $4.99 Application Fee (Non Refundable)
How 506 North 42nd Street compares to other nearby properties.
Positives
Considerations
studio apartments at 506 North 42nd Street cost about 4% less than the average rent price for studio apartments in West Powelton.
| Month | Median Rent |
|---|---|
| October 2024 | $1,180 |
| November 2024 | $1,196 |
| December 2024 | $1,199 |
| January 2025 | $1,206 |
| February 2025 | $1,208 |
| March 2025 | $1,209 |
| April 2025 | $1,194 |
| May 2025 | $1,222 |
| June 2025 | $1,225 |
| July 2025 | $1,227 |
| August 2025 | $1,198 |
| September 2025 | $1,195 |
| October 2025 | $1,193 |
| November 2025 | $1,153 |
| December 2025 | $1,149 |
| January 2026 | $1,189 |
| February 2026 | $1,197 |
| March 2026 | $1,197 |
| April 2026 | $1,176 |
| May 2026 | $1,195 |
| June 2026 | $1,196 |
| July 2026 | $1,198 |
| August 2026 | $1,225 |
| September 2026 | $1,228 |
| Month | Median Rent |
|---|---|
| October 2024 | $909 |
| November 2024 | $907 |
| December 2024 | $922 |
| January 2025 | $925 |
| February 2025 | $1,162 |
| March 2025 | $955 |
| April 2025 | $906 |
| May 2025 | $980 |
| June 2025 | $1,019 |
| July 2025 | $995 |
| August 2025 | $905 |
| September 2025 | $1,162 |
| October 2025 | $1,113 |
| November 2025 | $1,121 |
| December 2025 | $1,152 |
| January 2026 | $1,189 |
| February 2026 | $1,196 |
| March 2026 | $1,077 |
| April 2026 | $1,100 |
| May 2026 | $977 |
| June 2026 | $931 |
| July 2026 | $897 |
| August 2026 | $880 |
| September 2026 | $895 |
Can I afford to live at 506 N 42nd St?
Bedrooms
StudioRent-to-income ratio
30%
$34,000/yr
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