5+ Days Ago
Location
5545 N Magnolia Ave # 51, Chicago, IL 60640, USA|Edgewater
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Property Overview
5545-51 N. Magnolia features a prime location and has received a strong overall Zumper expert rating of 9.1, reflecting its appeal for renters. It combines competitive pricing, a remarkable array of amenities, and exceptional quality of living, evidenced by high ratings in those categories. Additionally, it offers convenient access to popular points of interest and educational institutions, making it a notable choice for those looking for an enriching living experience.
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
Middle school nearby- Less expensive
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) | |||
| 5545-51 N. Magnolia - 5551... | 1 bed | 1 bath | $1,600 /mo | 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) |
Let's explore this property.
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
Base Rent
Monthly rent payment
$1,195–$1,600
Questions about this property’s policies and fees?
Building details
Property details
| Units | 1 |
|---|
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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.
9.1
/10
Excellent5545-51 N. Magnolia 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 Amenities, 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.
5545-51 N. Magnolia 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·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
- Middle school nearby
- There is a middle school 2 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
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Rent trends in Edgewater
1-bedroom apartments here are priced 18% lower than 1-bedrooms in Edgewater.
Median rents as of Oct 25 2025.
Edgewater
Chicago
| Month | Median Rent |
|---|---|
| November 2023 | $1,511 |
| December 2023 | $1,565 |
| January 2024 | $1,595 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,152 |
| December 2023 | $1,156 |
| January 2024 | $1,164 |
| 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 |
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
$55,900/yr
With your selected rent-to-income ratio, you'd ideally want to make $55,900 annually to afford this 1-bedroom median monthly rent price of $1,397.
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
6/10
This area is accessible to thoroughfares and has ample 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
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
8/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
7/10
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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