17 Hours Ago
Location
4940 S Wolcott Ave, Chicago, IL 60609, USA|New City
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent Near North SideApartments for rent LakeviewApartments for rent Near West SideApartments for rent LoopApartments for rent UptownApartments for rent Rogers ParkApartments for rent EdgewaterApartments for rent West TownApartments for rent South LoopApartments for rent Logan SquareApartments for rent Lincoln SquareApartments for rent Hyde ParkApartments for rent Lincoln ParkApartments for rent EvanstonApartments Near Me
Houses for rent ChicagoHouses for rent Near West SideHouses for rent Near North SideHouses for rent LakeviewHouses for rent DeerfieldHouses for rent West TownHouses for rent Lincoln ParkHouses for rent EdgewaterHouses for rent UptownHouses for rent West RidgeHouses for rent GlenviewHouses for rent Rogers ParkHouses for rent North CenterHouses for rent DouglasHouses for rent EvanstonHouses for rent near me
Property Overview
49Wolcott has received a solid expert rating of 7.3 out of 10, indicating it is a strong rental option. It excels with an 8 out of 10 amenities rating and a location rating of 9 out of 10, providing residents with exceptional conveniences and quality of life. Additionally, the property is noted for its transparency and trustworthiness, with a quality rating of 7 out of 10, and it is conveniently located near top-rated elementary and high schools.
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
High school nearby- Elementary school nearby
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | $700 /mo | 1 unit available | Nice clean small one bedroom unit in back of the yards neighborhood. |
Let's explore this property.
Amenities for 49Wolcott
Apartment Amenities
| 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
| Units | 5 |
|---|
Advertisement
About 49Wolcott
Nice clean small one bedroom unit in back of the yards neighborhood.
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.
7.3
/10
Very Good49Wolcott is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Price, but it offers a satisfying, above-average quality of life.
Price·6A 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.
49Wolcott is priced lower than the median price per bedroom for the area. While it may be more affordable, there may also be trade-offs in terms of amenities or quality compared to similar listings nearby. It caters to those seeking cost savings, albeit with some compromises.
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, 49Wolcott 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.
49Wolcott 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·7A 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 it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 49Wolcott to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A 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.
49Wolcott provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 49Wolcott compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.3 mile away
- Elementary school nearby
- There is an elementary school 0.1 mile away
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in New City
1-bedroom apartments at 49Wolcott cost about 30% less than the average rent price for 1-bedroom apartments in New City.
Median rents as of Mar 14 2026.
New City
Chicago
| Month | Median Rent |
|---|---|
| March 2024 | $2,350 |
| April 2024 | $2,180 |
| May 2024 | $2,248 |
| June 2024 | $2,337 |
| July 2024 | $2,354 |
| August 2024 | $2,210 |
| September 2024 | $2,235 |
| October 2024 | $2,200 |
| November 2024 | $2,118 |
| December 2024 | $1,961 |
| January 2025 | $1,932 |
| February 2025 | $1,991 |
| March 2025 | $2,036 |
| April 2025 | $2,050 |
| May 2025 | $2,040 |
| June 2025 | $2,012 |
| July 2025 | $2,172 |
| August 2025 | $2,064 |
| September 2025 | $1,986 |
| October 2025 | $1,940 |
| November 2025 | $1,952 |
| December 2025 | $1,950 |
| January 2026 | $1,997 |
| February 2026 | $2,041 |
| March 2026 | $2,225 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,095 |
| June 2024 | $1,095 |
| August 2024 | $1,096 |
| September 2024 | $1,100 |
| October 2024 | $1,123 |
| November 2024 | $1,195 |
| December 2024 | $900 |
| January 2025 | $1,100 |
| February 2025 | $1,100 |
| March 2025 | $1,350 |
| April 2025 | $1,350 |
| July 2025 | $998 |
| August 2025 | $999 |
| September 2025 | $998 |
Affordability calculator
Can I afford to live at 4940 S Wolcott Ave?
Bedrooms
1 bedroomRent-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
$28,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $28,000 annually to afford this 1-bedroom monthly rent price of $700.
For more information on rent affordability, visit our rent calculator.
Schools near 49Wolcott
Daley Elementary Academy
5024 s wolcott ave
chicago, IL, 60609
PK, K-8Public
C-
Christopher Elementary School
5042 s artesian ave
chicago, IL, 60632
K-8Public
C
Chicago Commons Paulo Freire Center
1653 west 43rd st
chicago, IL, 60609
PKPublic
Talman Elementary School
5450 s talman ave
chicago, IL, 60632
PK, K-8Public
B-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
Advertisement
Internet available near 49Wolcott
Neighborhood
New City | Chicago, IL
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Chicago near 4940 S Wolcott Ave
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 4940 S Wolcott Ave, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
3/10
Some bars within walking distance
Explore the area around 4940 S Wolcott Ave
Goldmore Food & Liquor
1949 W 51st St
El Guero
1701 W 47th St
L A International
4556 S Ashland Ave
ALDI
1508 W 47th St
Jimmy's Food
4456 S Hermitage Ave
DTLR
4628 S Damen Ave
Bill the Hatter
4831 S Ashland Ave
Bona Fashion
4728 S Ashland Ave
Be'loved Boutique
4765 S Ashland Ave
Boutique 210
4716 S Ashland Ave
Back of the Yards Coffee LLC
2059 W 47th St
Dunkin'
5001 S Western Blvd
Dunkin'
1550 W Garfield Blvd
Duce Cafe Cubano
5100 S Racine Ave
Dunkin'
4302 S Ashland Ave
Bar El Intimo
1706 W 47th St
Homer's
4518 S McDowell Ave
Xavier's Club
4456 S Western Ave
Stanley's
4258 S Ashland Ave
Frankie's Place
2607 W 47th St
Universal Fruit Market
1942 W 51st St
Amazcakes
5020 S Ashland Ave
La Baguette Bakery
1657 W 47th St
El Naranjo
4516 S Ashland Ave
Pleasant House Bakery LLC
1400 W 46th St
Cornell Square Park
Chicago Park
Packingtown Playlot Park
Little Venice Park
Micek Park
Amazcakes
5020 S Ashland Ave
Tacos Don Cuco
1847 W 47th St
Cafe Chicago
1825 W 47th St
Positano's Pizza
4844 S Ashland Ave
La Michoacana USA Ltd
2001 W 47th St
51st Street / Wolcott
51st
Damen / 50th Street
South Damen
51st Street / Wolcott
51st
Damen / 50th Street
South Damen
51st Street / Damen
51st
35th St. - Lou Jones
Rock Island
Western Avenue
Burlington Northern
Wrightwood
Southwest Service
27th St.
Metra Electric
Halsted Street
Burlington Northern
Western
Orange Line, Orange Line
Kedzie
Orange Line, Orange Line
Ashland / 63rd
Green Line, Green Line
35th / Archer
Orange Line, Orange Line
Garfield
Red Line, Red Line
Compare similar properties nearby
1301 Ridgeland Ave #AE, Berwyn, IL, 60402
Our team has verified this company1301 Ridgeland Ave #AE
Studio
$875
- on-site laundry
- cats ok
- hardwood floor
5130 S Dr Martin Luther King Jr Dr Chicago, IL 60615
Our team has verified this companyWashington Park • 5130 S King Dr
Studio
$760
- on-site laundry
- cats ok
- hardwood floor
6949 S Paxton Ave #2B, Chicago, IL, 60649
Our team has verified this companySouth Shore • 6949 S Paxton Ave #2B
1 Bed
$800
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
1301 Ridgeland Ave #AE, Berwyn, IL, 60402
Our team has verified this company1301 Ridgeland Ave #AE
Studio
$875
- on-site laundry
- cats ok
- hardwood floor
5130 S Dr Martin Luther King Jr Dr Chicago, IL 60615
Our team has verified this companyWashington Park • 5130 S King Dr
Studio
$760
- on-site laundry
- cats ok
- hardwood floor
6949 S Paxton Ave #2B, Chicago, IL, 60649
Our team has verified this companySouth Shore • 6949 S Paxton Ave #2B
1 Bed
$800
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor
- on-site laundry
- cats ok
- hardwood floor