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2 Days Ago

Location

8223 S Exchange Ave, Chicago, IL 60617, USA|South Chicago
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Management

WPD Management LLC

Our team has verified this company

Leasing office

(773) 572-2022

Property Overview

The property at 8223 S Exchange has an impressive Zumper expert rating of 8 out of 10, reflecting its strong appeal for renters. With a competitive price rating of 9 out of 10, excellent amenities rated at 8 out of 10, and a prime location scoring 9 out of 10, it offers a well-rounded living experience. Additionally, the property's transparency is highlighted by a trustworthiness rating of 7 out of 10, while nearby top-rated schools enhance its desirability.

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.

Zumper Expert Rating

9.2
Excellent
8223 S Exchange is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.

Things you’ll love

  • High school nearby
  • Elementary school nearby
  • Middle school nearby

Floor plans

2/12 bed1 bath$1,686 /mo2 units available

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Amenities for 8223 S Exchange

Apartment Amenities

Hot Water
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

Security Deposit

One-time. Refundable.

Contact Property
Building details

Property details

Units9
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About 8223 S Exchange

HomeApartments in ChicagoSouth Chicago 8223 S Exchange

8223 S Exchange cost $1,686 per month. Located at 8223 S Exchange Ave, Chicago, IL 60617, USA, 8223 S Exchange has 2 bedroom units available. Based on the average rent price of 2 bedrooms in Chicago, renting an apartment at 8223 S Exchange is 35% cheaper per month.Other apartment buildings in or around Chicago include but are not limited to: 7624 S Kingston Ave, 7131 S Yates Blvd, 5854 S Michigan Ave


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.
9.2
/10
Excellent
8223 S Exchange is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Location and Quality, which help to make this rental a great place to call home.
How we rated 8223 S Exchange
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.
8223 S Exchange 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, 8223 S Exchange 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·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
8223 S Exchange offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
8223 S Exchange has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at 8223 S Exchange.
Trustworthiness·9A 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.
8223 S Exchange has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

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 8223 S Exchange compares to other nearby properties.

Positives

High school nearby
There is a high school 0.1 mile away
Elementary school nearby
There is an elementary school 0.2 mile away
Middle school nearby
There is a middle school 0.5 mile away

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Rent trends in South Chicago

2-bedroom apartments at 8223 S Exchange cost about 32% more than the average rent price for 2-bedroom apartments in South Chicago.

Median rents as of May 23 2026.
South Chicago
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
June 2024$1,758
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$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,657
April 2026$1,637
May 2026$1,681
A table of studio rental data trends in South Chicago
MonthMedian Rent
June 2024$682
July 2024$692
August 2024$690
September 2024$681
February 2026$785
March 2026$785
April 2026$785
May 2026$785

Affordability calculator

Can I afford to live at 8223 S Exchange Ave?

Bedrooms

2 bedrooms

Rent-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

$67,440/yr

With your selected rent-to-income ratio, you'd ideally want to make $67,440 annually to afford this 2-bedrooms monthly rent price of $1,686.
For more information on rent affordability, visit our rent calculator.

Schools near 8223 S Exchange

Ninos Heroes Elementary Academic Center

8344 s commercial ave

chicago, IL, 60617

PK, K-8Public
C

South Shore Fine Arts Elementary School

1415 e 70th st

chicago, IL, 60637

PK, K-8Public
C

Woodlawn Elementary Community School

6657 s kimbark ave

chicago, IL, 60637

PK, K-6Public
C

Sadlowski Elementary School

3930 e 105th st

chicago, IL, 60617

PK, K-8Public
C-

Ariel Elementary Community Academy

1119 e 46th st

chicago, IL, 60653

PK, K-8Public
C-
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Internet available near 8223 S Exchange

Getting around Chicago near 8223 S Exchange Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

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

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 8223 S Exchange Ave, Chicago

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

5/10
Several shops within walking distance

Cafes

2/10
Few or no cafés within walking distance

Restaurants

5/10
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

8/10
Large amount of park space nearby

Nightlife

2/10
Few or no bars within walking distance

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