Updated 1 Day Ago
Highlights
Zero Deposit
- Heat included
- Spacious bedrooms
- Spacious kitchen
- Big living room
Location
5000 W Madison St, Chicago, IL 60644, USA|Austin
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Property Overview
Madison-MASTER offers strong value for the price, with an expert rating of 8.4/10, a top score for price, and a 93.75th percentile ranking for value for money. It also stands out for its convenient location, solid amenities, and comfortable features like heat included, spacious bedrooms, a spacious kitchen, and a big living room.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Floor plans
| 3BR/1.0BA | 3 bed | 1 bath | 1,150 sqft | $1,375 /mo | 1 unit available | Spacious 3 bedroom apartment available now in the Austin neighborhood on the 2nd floor. This apartment has a huge kitchen with lots of cabinet space, big living room & spacious bedrooms. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $35 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 now in the Austin neighborhood on the 2nd floor. This apartment has a huge kitchen with lots of cabinet space, big living room & spacious bedrooms. Building is located on Madison & Lavergne. Parking space in lot included! Heat, hot water & appliances included. Tenant is responsible for electric only! $35 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
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, Madison-MASTER is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Madison-MASTER 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.
Madison-MASTER 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, Madison-MASTER 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.
Madison-MASTER 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 Madison-MASTER does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- 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 19% less than the average rent price for 3-bedroom apartments in Austin.
Median rents as of Jul 18 2026.
Austin
Chicago
| Month | Median Rent |
|---|---|
| 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 | $1,520 |
| 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 | $1,663 |
| Month | Median Rent |
|---|---|
| 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 | $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 | $999 |
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
$55,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,000 annually to afford this 3-bedrooms monthly rent price of $1,375.
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-
Chicago Commons Nia Family Center
744 n monticello ave
chicago, IL, 60624
PKPublic
Chicago Commons Taylor Center for New Experiences
1633 north hamlin ave
chicago, IL, 60647
PKPublic
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
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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
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