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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?

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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 31% 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 59% cheaper per month.Other available apartments to lease near Chicago around the same price include but are not limited to: 2200 N Knox Ave #1, 2420 W Marquette Rd #2S, S Doctor Martin Luther #3W, 6248 S Western Ave #3N


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 31% less than the average rent price for 3-bedroom apartments in New City.

Median rents as of Aug 15 2026.
New City
Chicago
A table of 3-bedroom apartment rental data trends in Chicago
MonthMedian Rent
August 2024$2,999
September 2024$3,002
October 2024$2,997
November 2024$2,921
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$2,900
A table of 3-bedroom apartment rental data trends in New City
MonthMedian Rent
August 2024$1,550
September 2024$1,593
October 2024$1,612
November 2024$1,690
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

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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Internet available near 5031 S Elizabeth St

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

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 5031 S Elizabeth St, Chicago

Groceries

9/10
The nearest general grocery store is within a 5-minute walk, and there are also some specialist food stores nearby.

Shopping

6/10
Several fashion stores are within a short walk.

Cafes

3/10
The closest café is within a 20-minute walk, and there are a few other cafés within walking distance.

Restaurants

6/10
Several restaurants are within a short walk.

Primary schools

8/10
At least one elementary school within a 5-to-10-minute walk.

High schools

9/10
At least one high school within a 5-to-10-minute walk.

Parks

10/10
A large park and some other smaller parks in the area.

Nightlife

4/10
The closest bar is within a 10-minute walk, and there are a few other bars within walking distance.

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

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