1 Hour Ago
Location
5545 N Magnolia Ave # 51, Chicago, IL 60640, USA|Edgewater
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Property Overview
5545-51 N. Magnolia has an impressive Zumper expert rating of 8.5, reflecting its strong appeal for renters. It features prime location benefits with a high amenities rating of 9, ensuring residents enjoy a premier standard of living. Additionally, it scores 8 in price, indicating a competitive price for its value, while being in the 92.86 percentile for value for money, enhancing its attractiveness in the rental market.
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- Middle school nearby
Floor plans
| 5545-51 N. Magnolia - 5551... | 1 bed | 1 bath | $1,195 /mo | For more information or to make an appointment to view this apartment call: Jay, (773) 835-1864 (Photos are Examples of Apartments in the Building and May Not Represent the Currently Available Units) |
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Amenities for 5545-51 N. Magnolia
Apartment Amenities
| Heat | Hot Water |
| Trash Included | Utilities/Sewer |
| Vintage |
Building
| Onsite Laundry |
Neighborhood
| Transportation |
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.
Contact Property
Questions about this property’s policies and fees?
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About 5545-51 N. Magnolia
PHOTOS COMING SOON Spacious 1 bedroom in prime location. Close to public transportation, groceries, Shops restaurants and more ! For more information or to make an appointment to view this apartment call: CHRIS (312) 731-0151 **** (Photos are Examples of Apartments in the Building and May Not Represent the Currently Available Units)
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.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 5545-51 N. Magnolia is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 5545-51 N. Magnolia has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·8A 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.
Scoring a 8/10, 5545-51 N. Magnolia is a great option for renters looking for apartments in Edgewater. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·9A 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.
5545-51 N. Magnolia goes above and beyond to provide sought-after conveniences and desirable perks, including onsite laundry. Renters looking for popular or luxurious features will find them here—and for that reason, 5545-51 N. Magnolia receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
5545-51 N. Magnolia 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.
5545-51 N. Magnolia 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·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.
5545-51 N. Magnolia 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 5545-51 N. Magnolia compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 2 miles away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Edgewater
1-bedroom apartments at 5545-51 N. Magnolia cost about 33% less than the average rent price for 1-bedroom apartments in Edgewater.
Median rents as of Jan 31 2026.
Edgewater
Chicago
| Month | Median Rent |
|---|---|
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| April 2024 | $1,745 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,139 |
| March 2024 | $1,118 |
| April 2024 | $1,107 |
| May 2024 | $1,152 |
| June 2024 | $1,169 |
| July 2024 | $1,178 |
| August 2024 | $1,178 |
| September 2024 | $1,169 |
| October 2024 | $1,228 |
| November 2024 | $1,276 |
| December 2024 | $1,250 |
| January 2025 | $1,277 |
| February 2025 | $1,268 |
| March 2025 | $1,221 |
| April 2025 | $1,250 |
| May 2025 | $1,276 |
| June 2025 | $1,295 |
| July 2025 | $1,265 |
| August 2025 | $1,265 |
| September 2025 | $1,295 |
| October 2025 | $1,308 |
| November 2025 | $1,300 |
| December 2025 | $1,298 |
| January 2026 | $1,299 |
Affordability calculator
Can I afford to live at 5545 N Magnolia Ave # 51?
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
$47,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,800 annually to afford this 1-bedroom monthly rent price of $1,195.
For more information on rent affordability, visit our rent calculator.
Schools near 5545-51 N. Magnolia
Peirce School of International Studies
1423 w bryn mawr ave
chicago, IL, 60660
PK, K-8Public
B
North River Elementary School
4416 n troy st
chicago, IL, 60625
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Chicago Academy Elementary School
3400 n austin ave
chicago, IL, 60634
PK, K-8Public
B-
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Internet available near 5545-51 N. Magnolia
Getting around Chicago near 5545 N Magnolia Ave # 51
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 5545 N Magnolia Ave # 51, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
9/10
Very large amount of park space within a few minutes' walk
Nightlife
6/10
Several bars within a few minutes’ walk
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