Updated 23 Hours Ago
Highlights
- On-site laundry facilities
- Contemporary bathroom
- Beautifully updated kitchen
Location
5318 W Monroe St, Chicago, IL 60644, USA|Austin
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Floor plans
| 3BR/2.0BA | 3 bed | 2 bath | $1,900 /mo | 1 unit available | Discover your next home at 5318 W Monroe, a spacious and move-in-ready 3-bedroom, 1-bathroom apartment that perfectly blends comfort with modern convenience. This residence features a beautifully updated kitchen equipped with sleek stainless steel appliances, alongside a contemporary bathroom with fresh finishes. You will enjoy efficient gas forced air heating for year-round comfort, plus the added ease of on-site laundry facilities. With its combination of recent upgrades and essential amenities, this unit is ready to welcome you home—contact us today to schedule your viewing. |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 3 |
|---|
About 5318 W Monroe St
Discover your next home at 5318 W Monroe, a spacious and move-in-ready 3-bedroom, 1-bathroom apartment that perfectly blends comfort with modern convenience. This residence features a beautifully updated kitchen equipped with sleek stainless steel appliances, alongside a contemporary bathroom with fresh finishes. You will enjoy efficient gas forced air heating for year-round comfort, plus the added ease of on-site laundry facilities. With its combination of recent upgrades and essential amenities, this unit is ready to welcome you home—contact us today to schedule your viewing.
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, 5318 W Monroe St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5318 W Monroe St 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.
5318 W Monroe St 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, 5318 W Monroe St 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.
5318 W Monroe St 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 5318 W Monroe St 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.
5318 W Monroe St 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 5318 W Monroe St compares to other nearby properties.
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.5 miles away
- Greater distance from grade schools
- The nearest elementary school is farther than 0.4 miles away
- Lacks images
- Fewer than 5 photos available for this property
- No laundry facilities available
- This property doesn't offer on-site washers and dryers
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Rent trends in Austin
3-bedroom apartments at 5318 W Monroe St cost about 6% more than the average rent price for 3-bedroom apartments in Austin.
Median rents as of Oct 17 2026.
Austin
Chicago
| Month | Median Rent |
|---|---|
| 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 |
| August 2026 | $1,650 |
| September 2026 | $1,650 |
| October 2026 | $1,717 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,227 |
| 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 5318 W Monroe St?
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
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this 3-bedrooms monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Schools near 5318 W Monroe St
DePriest Elementary School
139 s parkside ave
chicago, IL, 60644
PK, K-8Public
C-
Plato Learning Academy Elementary School
5545 w harrison st
chicago, IL, 60644
K-8Public
C-
Chicago Commons Nia Family Center
744 n monticello ave
chicago, IL, 60624
PKPublic
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
Chicago Commons Taylor Center for New Experiences
1633 north hamlin ave
chicago, IL, 60647
PKPublic
Neighborhood
Austin | Chicago, IL
Getting around Chicago near 5318 W Monroe St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
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
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 5318 W Monroe St, Chicago
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Variety of cafés within a short drive
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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