Updated 4 Days Ago
Highlights
Pet Friendly
- Newly renovated apartments
- Great amenities
- 1-2 bedroom units
Location
5040 W Quincy St, Chicago, IL 60644, USA|Austin
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Property Overview
5040 W Quincy St offers newly renovated apartments, great amenities, and 1-2 bedroom units, with a strong overall rating of 8.3 out of 10. It is rated especially well for price and location, and the 20 photos provide a helpful look at the property.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Images Available
Great for
Pet owners
Floor plans
| 3 Bedroom 1 Bath Apartment | 3 bed | 1 bath | 885 sqft | $1,650 /mo | 1 unit available |
Let's explore this property.
Amenities for 5040 W Quincy St
Apartment Amenities
| 2nd Floor | Heat Included |
Building
| Cats OK | Dogs OK |
Other
| Income Restrictions Apply |
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
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Cat
Pet Terms
1 cat max.
Dog
Pet Terms
1 dog max.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 13 |
|---|
About 5040 W Quincy St
Come check out our newly renovated apartments in the Austin neighborhood in Chicago. Nearby parks include Moore Park, Park 416 and Clark Park. 1-2 Bedroom units offer great amenities! Section 8 accepted. Call today to schedule a tour!
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, 5040 W Quincy St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 5040 W Quincy 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·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.
5040 W Quincy St 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, 5040 W Quincy 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.
5040 W Quincy 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 5040 W Quincy 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.
5040 W Quincy 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.
5040 W Quincy St is great 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 5040 W Quincy St compares to other nearby properties.
Positives
- 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
- 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 5040 W Quincy St cost about 8% less 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 5040 W Quincy 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
$66,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $66,000 annually to afford this 3-bedrooms monthly rent price of $1,650.
For more information on rent affordability, visit our rent calculator.
Schools near 5040 W Quincy St
Spencer Elementary Technology Academy
214 n lavergne 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
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
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 5040 W Quincy St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 5040 W Quincy St, Chicago
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
2/10
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
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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