1 Day Ago
Location
5000 W Madison St, Chicago, IL 60644, USA|Austin
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Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | 1,155 sqft | $1,450 /mo | 1 unit available | Spacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED |
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Building details
Property details
| Units | 14 |
|---|
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About Madison-MASTER
Spacious 3 bedroom apartment available in the Austin neighborhood on the 3rd floor. This apartment features wood plank flooring & carpet with a huge white cabinet kitchen. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $30 application fee per adult 18 and over. $500.00 non-refundable administration fee. Administrative fee & 1st month's rent required for move in. NO SECURITY DEPOSIT! Applications can be submitted online from our website https www ua4rent com vacancies Minimum Requirements: *Credit check *Net monthly income must be at least 3 times the rent amount *Must have stable income for at least 1 year with proof of that income *NO past evictions or judgements *NO DOGS ALLOWED
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 Madison-MASTER compares to other nearby properties.
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Austin
3-bedroom apartments at Madison-MASTER cost about 27% less than the average rent price for 3-bedroom apartments in Austin.
Median rents as of Nov 1 2025.
Austin
Chicago
| Month | Median Rent |
|---|---|
| November 2023 | $1,519 |
| December 2023 | $1,565 |
| January 2024 | $1,595 |
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| April 2024 | $1,745 |
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| 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 | $1,495 |
| Month | Median Rent |
|---|---|
| November 2023 | $825 |
| December 2023 | $819 |
| January 2024 | $801 |
| February 2024 | $810 |
| March 2024 | $830 |
| April 2024 | $832 |
| May 2024 | $846 |
| June 2024 | $837 |
| July 2024 | $804 |
| August 2024 | $847 |
| September 2024 | $895 |
| October 2024 | $984 |
| 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 | $950 |
Affordability calculator
Can I afford to live at 5000 W Madison 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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 3-bedrooms monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near Madison-MASTER
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-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
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Internet available near Madison-MASTER
Getting around Chicago near 5000 W Madison St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
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 5000 W Madison St, Chicago
Groceries
8/10
At least one grocery store within a few minutes' walk
Shopping
6/10
Variety of shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 5000 W Madison St
Windy City Inc
324 S Cicero Ave
Madison Food Mart
5402 W Madison St
Greenline Foods
336 N Laramie Ave
MNS Food Market
209 S Lotus Ave
Leamington Foods
5467 W Madison St
To Walk in My Shoes
3 N Cicero Ave
Dressed 1213
5409 W Madison St
Epic
330 N Central Ave
Epic Stylz
330 N Central Ave
Majamas
4223 W Lake St
Dunkin'
782 N Laramie Ave
Dunkin'
5735 W Roosevelt Rd
Dunkin'
3 Erie Ct
Dunkin'
217 Madison St
Kribi Coffee Co
905 S Lombard Ave
600 S Cicero Incorporated
600 S Cicero Ave
MCM Pub & Eatery
396 N Cicero Ave
MS Anns Pad
4701 W Harrison St
Freddie's Lounge
5464 W Madison St
Ted's Place
5813 W Madison St
Schweet Cheesecake
5248 W Chicago Ave
Laury's Bakery & Cake Inc
12 Madison St
Brownie Bar
828 S Austin Blvd
Trini's Tasty Pastries
3811 W Maypole Ave
Pastry Impressions, Inc
46 Lake St
Moore Park
Cottonwood Playlot Park
Clark John Park
Hubbard Playlot Park
Kinzie Parkway Park
McDonald's
5015 W Madison St
Whale Fish & Chicken Inc
4955 W Madison St
The Licking Chicago
5045 W Madison St
Artist Room Cafe
5125 W Madison St
Sunny Sub
4803 W Madison St
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