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5341 South Indiana Avenue, Unit 5343 - Unit 1 delivers strong overall value, pairing a top-tier price rating with high scores for amenities, location, and trustworthiness, making it an appealing option for renters seeking quality and transparency. Residents benefit from competitive value per square foot and convenient access to public transportation and grocery options, supporting an elevated day-to-day living experience.
Things you’ll love
More space| 5341 South Indiana Avenue, Unit 5343 - Unit 1 | 2 bed | 1 bath | 1,200 sqft | $1,700 /mo | ***Public Showing will take place on Saturday, May 2nd from 11:00AM - 12:00 PM. Unit will be open to the public during this time.*** Spacious and oversized 2BD/1BA in a classic Washington Park greystone on historic Indiana Ave offering approximately 1,200 sq ft of bright, functional living space (First Floor Apartment!). The layout features a large living room, a separate dining room, and generously sized bedrooms that provide the kind of space that's hard to find at this price point. The units have mid-tier renovations and updates-clean, well-maintained, and functional rather than high-end luxury-with original older trim that adds character and charm. The apartment includes a washer and dryer and will come with new appliances, even if current photos do not yet reflect the updated appliance package. Overall, the unit offers a lot of space, practical updates, and comfortable living in a classic greystone setting. Water is included in the rent, while tenants pay their own heat and electricity as each unit has its own furnace and electrical service. The building is professionally managed with ongoing improvements as ownership continues investing in the property; garage parking is expected to be available mid-summer. Conveniently located near Washington Park, public transportation, shopping, dining, Hyde Park, and the lakefront, this is a great option for renters seeking space, character, and value on the South Side. Application is $40.00 per applicant (non-refundable) and covers required credit and background checks; income verification will also be performed. No security deposit is required. On move-in day, a prorated first month's rent plus a $450 non-refundable move-in fee are due. Generally we look for a minimum 650 credit score and income at least 2.5 times the rent. Section 8 vouchers are welcome. Tenants must maintain renter's insurance and lease protection insurance throughout the lease term. |
Let's explore this property.
Apartment Amenities
| Dryer | Washer |
| Water |
Appliances
| In-Unit Laundry | Microwave |
| Range/Oven | Refrigerator |
Building
| Onsite Laundry |
Grounds
| Garage Parking |
Services
| Package Service |
One-time.
One-time. Refundable.
Garage Parking
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
***Public Showing will take place on Saturday, May 2nd from 11:00AM - 12:00 PM. Unit will be open to the public during this time.*** Spacious and oversized 2BD/1BA in a classic Washington Park greystone on historic Indiana Ave offering approximately 1,200 sq ft of bright, functional living space (First Floor Apartment!). The layout features a large living room, a separate dining room, and generously sized bedrooms that provide the kind of space that's hard to find at this price point. The units have mid-tier renovations and updates-clean, well-maintained, and functional rather than high-end luxury-with original older trim that adds character and charm. The apartment includes a washer and dryer and will come with new appliances, even if current photos do not yet reflect the updated appliance package. Overall, the unit offers a lot of space, practical updates, and comfortable living in a classic greystone setting. Water is included in the rent, while tenants pay their own heat and electricity as each unit has its own furnace and electrical service. The building is professionally managed with ongoing improvements as ownership continues investing in the property; garage parking is expected to be available mid-summer. Conveniently located near Washington Park, public transportation, shopping, dining, Hyde Park, and the lakefront, this is a great option for renters seeking space, character, and value on the South Side. Application is $40.00 per applicant (non-refundable) and covers required credit and background checks; income verification will also be performed. No security deposit is required. On move-in day, a prorated first month's rent plus a $450 non-refundable move-in fee are due. Generally we look for a minimum 650 credit score and income at least 2.5 times the rent. Section 8 vouchers are welcome. Tenants must maintain renter's insurance and lease protection insurance throughout the lease term.
How 5341 South Indiana Avenue, Unit 5343 - Unit 1 compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 5341 South Indiana Avenue, Unit 5343 - Unit 1 cost about 21% more than the average rent price for 2-bedroom apartments in Washington Park.
| Month | Median Rent |
|---|---|
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,232 |
| April 2026 | $2,219 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,198 |
| June 2024 | $1,096 |
| July 2024 | $1,059 |
| August 2024 | $1,050 |
| September 2024 | $1,050 |
| October 2024 | $1,100 |
| November 2024 | $1,090 |
| December 2024 | $1,100 |
| January 2025 | $1,131 |
| February 2025 | $1,162 |
| March 2025 | $1,104 |
| April 2025 | $1,049 |
| May 2025 | $1,027 |
| June 2025 | $1,099 |
| July 2025 | $1,130 |
| August 2025 | $1,143 |
| September 2025 | $1,136 |
| October 2025 | $1,128 |
| November 2025 | $1,165 |
| December 2025 | $1,148 |
| January 2026 | $1,150 |
| February 2026 | $1,150 |
| March 2026 | $1,142 |
| April 2026 | $1,182 |
Can I afford to live at 5341 S Indiana Ave #5343UNIT1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$68,000/yr
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