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5309 Michigan Ave features a large kitchen, ample closet space, and big rooms, complemented by a gas stove and central heating/cooling. With a Zumper expert rating of 8.3 out of 10, it excels in value, price, and amenities, holding a perfect price rating of 10 and a strong location rating of 9. Positioned in the 73.33 percentile for value for money, it presents an impressive opportunity for renters seeking quality and convenience.
Things you’ll love
Less expensive| 1BR/1.0BA | 1 bed | 1 bath | $710 /mo | 1 unit available | One bedroom first floor shotgun studio apartment. Plenty of natural lighting, big rooms, and close to Carondelet park! This apartment has tons of closet space. In the back you will find a large kitchen that features a gas stove and two pantries for storage. The apartment has central heating/cooling. Washer dryer hookups in the basement. Extremely close to Hwy 55. Tenant is responsible for gas and electric Landlord covers water, sewer, and trash. Apply at 314rent. com Professionally Managed by Frontier Properties. |
Let's explore this property.
One-time.
One-time. Refundable.
| Units | 4 |
|---|
One bedroom first floor shotgun studio apartment. Plenty of natural lighting, big rooms, and close to Carondelet park! This apartment has tons of closet space. In the back you will find a large kitchen that features a gas stove and two pantries for storage. The apartment has central heating/cooling. Washer dryer hookups in the basement. Extremely close to Hwy 55. Tenant is responsible for gas and electric Landlord covers water, sewer, and trash. Apply at 314rent. com Professionally Managed by Frontier Properties.
How 5309 Michigan Ave compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 5309 Michigan Ave cost about 13% less than the average rent price for 1-bedroom apartments in Carondelet.
| Month | Median Rent |
|---|---|
| May 2024 | $957 |
| June 2024 | $971 |
| July 2024 | $1,027 |
| August 2024 | $978 |
| September 2024 | $990 |
| October 2024 | $995 |
| November 2024 | $978 |
| December 2024 | $993 |
| January 2025 | $985 |
| February 2025 | $985 |
| March 2025 | $991 |
| April 2025 | $1,001 |
| May 2025 | $937 |
| June 2025 | $935 |
| July 2025 | $939 |
| August 2025 | $976 |
| September 2025 | $948 |
| October 2025 | $913 |
| November 2025 | $940 |
| December 2025 | $911 |
| January 2026 | $980 |
| February 2026 | $978 |
| March 2026 | $907 |
| April 2026 | $948 |
| Month | Median Rent |
|---|---|
| May 2024 | $750 |
| June 2024 | $757 |
| July 2024 | $754 |
| August 2024 | $730 |
| September 2024 | $709 |
| October 2024 | $711 |
| November 2024 | $715 |
| December 2024 | $731 |
| January 2025 | $720 |
| February 2025 | $707 |
| March 2025 | $743 |
| April 2025 | $693 |
| May 2025 | $695 |
| June 2025 | $750 |
| July 2025 | $730 |
| August 2025 | $772 |
| September 2025 | $757 |
| October 2025 | $779 |
| November 2025 | $781 |
| December 2025 | $829 |
| January 2026 | $875 |
| February 2026 | $834 |
| March 2026 | $806 |
| April 2026 | $804 |
Can I afford to live at 5309 Michigan Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$28,400/yr
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