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Location

5031 S Elizabeth St, Chicago, IL 60609, USA|New City

Tour 5031 S Elizabeth St

Contact

New Heights Realty

(773) 799-9976

Amenities for 5031 S Elizabeth St, New City

Apartment Amenities

TrashWater

Building

Sewer
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

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

About 5031 S Elizabeth St

HomeApartments in ChicagoNew City 5031 S Elizabeth St, Chicago, IL 60609, USA
sweet deal icon
Sweet deal!
This listing is 28% below the median price for 3 bedroom apartments in New City.

5031 S Elizabeth St cost $1,200 per month. Located at 5031 S Elizabeth St, Chicago, IL 60609, USA, this unit has 3 bedrooms and 1 bathroom. Based on the average rent price of 3 bedrooms in Chicago, renting this apartment is 55% cheaper per month.Other available apartments to lease near Chicago around the same price include but are not limited to: 6711 S Chappel Ave #2E, 5852 S King Dr #3, 1609 N Mcvicker Ave #CH2, 2217 E 69th St #3


Address details

NeighborhoodNew City
Zip code60609
TypeApartment for rent

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Rent trends in New City

3-bedroom apartments at 5031 S Elizabeth St cost about 28% less than the average rent price for 3-bedroom apartments in New City.

Median rents as of Oct 31 2026.
New City
Chicago
A table of 3-bedroom apartment rental data trends in Chicago
MonthMedian Rent
November 2024$2,898
December 2024$2,891
January 2025$2,880
February 2025$2,917
March 2025$2,888
April 2025$2,911
May 2025$2,944
June 2025$2,961
July 2025$2,986
August 2025$2,854
September 2025$2,699
October 2025$2,650
November 2025$2,839
December 2025$2,640
January 2026$2,649
February 2026$2,751
March 2026$2,932
April 2026$2,985
May 2026$3,000
June 2026$3,024
July 2026$2,967
August 2026$2,889
September 2026$2,832
October 2026$2,776
A table of 3-bedroom apartment rental data trends in New City
MonthMedian Rent
November 2024$1,750
December 2024$1,799
January 2025$1,718
February 2025$1,625
March 2025$1,690
April 2025$1,750
May 2025$1,740
June 2025$1,700
July 2025$1,660
August 2025$1,600
September 2025$1,628
October 2025$1,628
November 2025$1,695
December 2025$1,712
January 2026$1,735
February 2026$1,602
March 2026$1,460
April 2026$1,474
May 2026$1,497
June 2026$1,667
July 2026$1,698
August 2026$1,750
September 2026$1,750
October 2026$1,696

Affordability calculator

Can I afford to live at 5031 S Elizabeth St?

Bedrooms

3 bedrooms

Rent-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

$48,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 3-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.

Schools near 5031 S Elizabeth St

Arthur A. Libby Elementary School

5300 s loomis blvd

chicago, IL, 60609

PK, K-8Public
C

Chicago Commons Paulo Freire Center

1653 west 43rd st

chicago, IL, 60609

PKPublic

Christopher Elementary School

5042 s artesian ave

chicago, IL, 60632

K-8Public
C

Mitzi Freidheim Englewood Child & Family Center

1701 west 63rd st

chicago, IL, 60636

PKPublic

Talman Elementary School

5450 s talman ave

chicago, IL, 60632

PK, K-8Public
B-
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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 5031 S Elizabeth St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

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

6/10
Frequent public transit options are within walking distance.

Points of interest for 5031 S Elizabeth St, Chicago

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

8/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Variety of bars within a short drive

Explore the area around 5031 S Elizabeth St

ALDI
1508 W 47th St
Fairplay Foods
4640 S Halsted St
Fairplay Inc
4660 S Halsted St
El Guero
1701 W 47th St
L A International
4556 S Ashland Ave
Creative Kneads
Fraternal Order of Eagles, Blue Island Aerie 1332 Ltd
2427 Grove Blue Island Cook-Not City Of
Bill the Hatter
4831 S Ashland Ave
Be'loved Boutique
4765 S Ashland Ave
Big & Tall Century Fashions
4745 S Ashland Ave
Duce Cafe Cubano
5100 S Racine Ave
Dunkin'
825 W 47th St
Dunkin'
1550 W Garfield Blvd
Rinse & Roast LLC
5355 S Honore St
Dunkin'
4302 S Ashland Ave
Linda's Place
1044 W 51st St
Homer's
4518 S McDowell Ave
Bar El Intimo
1706 W 47th St
Stanley's
4258 S Ashland Ave
Kelly's Tavern
4403 S Wallace St
Amazcakes
5020 S Ashland Ave
Pleasant House Bakery LLC
1400 W 46th St
La Baguette Bakery
1657 W 47th St
El Naranjo
4516 S Ashland Ave
Universal Fruit Market
1942 W 51st St
Garden
Back of the Yards Park
Playground
Wagner Park
Sherman Park
Joes Grill
1156 W 51st St
Duce Cafe Cubano
5100 S Racine Ave
Joe's Grill
5102 S Racine Ave
Greek Prime
901 W 35
Super Star & Gyros Two
1159 W 47th St
Racine / 51st Street
Wallace / Racine
51st Street / Racine
51st
51st Street / Throop
51st
Racine / 51st Street
Wallace / Racine
51st Street / Racine
51st
35th St. / Lou Jones
Rock Island
47th St. (Kenwood)
Metra Electric
51st / 53rd St. (Hyde Park)
Metra Electric
57th St. (Hyde Park)
Lakeshore Corridor, Monon Corridor
55th / 56th / 57th St.
Metra Electric
Garfield (Red)
Red Line
47th (Red)
Red Line
Western (Orange)
Orange Line
Ashland / 63rd
Green Line
Halsted (Green)
Green Line

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