13 Hours Ago
Highlights
- Hardwood floors
- Dishwasher, microwave
Location
5550 W Belmont Ave, Chicago, IL 60641, USA|Portage Park
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Property Overview
The 5550-58 W Belmont Rehabbed Apartments receive a strong overall rating of 9 out of 10 from Zumper, showcasing its exceptional quality, location, and amenities. With hardwood floors, a dishwasher, and a microwave, the property is competitively priced and offers excellent value for money, ranking in the 90th percentile for rental value. Notably, it is praised for pet friendliness, with ample nearby services for pets, contributing to its appeal for prospective renters.
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
Less expensive- More space
Great for
Pet owners
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 700 sqft | $1,425 /mo | 1 unit available | This Newly Renovated Apartment Features: - Central HVAC -Stainless Steel Appliances -Dishwasher -Microwave -Hardwood Floors -Cats OK (Pet Fee Applies) 650 credit score minimum and income showing 3x the rent. This apartment building is in the Cragin neighborhood in Chicago. Nearby parks include Cragin Park, Chopin Park and Blackhawk Park. All lease incentives (rent concessions and/or rent credits) advertised are based on the advertised market rate of the unit. Actual credits will be the per diem value of the advertised amount as a percentage of the actual rent paid by the tenant. |
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Amenities for 5550-58 W Belmont Rehabbed Apartments!
Apartment Amenities
| Water |
Appliances
| Range | Refrigerator |
| Stove/Range |
Building
| Cats OK |
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
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 9 |
|---|
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About 5550-58 W Belmont Rehabbed Apartments!
This Newly Renovated Apartment Features: - Central HVAC -Stainless Steel Appliances -Dishwasher -Microwave -Hardwood Floors -Cats OK (Pet Fee Applies) Credit and income requirements apply: minimum 650 credit score and income verification greater than or equal to 3 times the rent. Pictures may be of a similar unit in the same building. All lease incentives (rent concessions and/or rent credits) advertised are based on the advertised market rate of the unit. Actual credits will be the per diem value of the advertised amount as a percentage of the actual rent paid by the tenant. Disclaimer: Pricing, availability, services, amenities and specials are subject to change at any time without notice. Information above is believed to be accurate; however, it is subject to errors and omissions. Photos may be of model unit. Actual available apartments may vary.
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.
9.0
/10
Excellent5550-58 W Belmont Rehabbed Apartments! 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 Price and Location, which help to make this rental a great place to call home.
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.
5550-58 W Belmont Rehabbed Apartments! 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, 5550-58 W Belmont Rehabbed Apartments! 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.
5550-58 W Belmont Rehabbed Apartments! 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·9A 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.
5550-58 W Belmont Rehabbed Apartments! has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.
5550-58 W Belmont Rehabbed Apartments! 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 5550-58 W Belmont Rehabbed Apartments! compares to other nearby properties.
Positives
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
- More space
- The 2-bedroom is 200 sqft larger than other listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
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Rent trends in Portage Park
2-bedroom apartments at 5550-58 W Belmont Rehabbed Apartments! cost about 19% less than the average rent price for 2-bedroom apartments in Portage Park.
Median rents as of Mar 28 2026.
Portage Park
Chicago
| Month | Median Rent |
|---|---|
| April 2024 | $1,685 |
| 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 | $1,520 |
| December 2025 | $1,495 |
| January 2026 | $1,496 |
| February 2026 | $1,516 |
| March 2026 | $1,657 |
| Month | Median Rent |
|---|---|
| April 2024 | $1,150 |
| May 2024 | $1,150 |
| June 2024 | $1,140 |
| July 2024 | $1,109 |
| August 2024 | $1,120 |
| September 2024 | $1,025 |
| October 2024 | $975 |
| November 2024 | $981 |
| December 2024 | $1,000 |
| January 2025 | $1,100 |
| February 2025 | $1,100 |
| March 2025 | $1,147 |
| April 2025 | $1,106 |
| May 2025 | $1,100 |
| June 2025 | $1,100 |
| July 2025 | $1,250 |
| August 2025 | $1,250 |
| September 2025 | $1,210 |
| October 2025 | $1,214 |
| November 2025 | $1,250 |
| December 2025 | $1,250 |
| January 2026 | $1,296 |
| February 2026 | $1,300 |
| March 2026 | $1,234 |
Affordability calculator
Can I afford to live at 5550 W Belmont Ave?
Bedrooms
2 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
$57,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $57,000 annually to afford this 2-bedrooms monthly rent price of $1,425.
For more information on rent affordability, visit our rent calculator.
Schools near 5550-58 W Belmont Rehabbed Apartments!
Marvin Camras Elementary School
3000 n mango ave
chicago, IL, 60634
PK, K-8Public
C+
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
Belmont-Cragin Elementary School
5252 w palmer st
chicago, IL, 60639
PK, K-8Public
C-
Union Ridge Elementary School
4600 n oak park ave
harwood heights, IL, 60706
PK, K-8Public
A-
Beard Elementary School
6445 w strong st
chicago, IL, 60656
PK, K-3Public
B+
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Internet available near 5550-58 W Belmont Rehabbed Apartments!
Getting around Chicago near 5550 W Belmont Ave
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
7/10
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 5550 W Belmont Ave, Chicago
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
7/10
At least one high school within a 20-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
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