To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 5054 N Wolcott Ave by bedroom type below.
2 Bedroom
Suggested income:
$61,000
per year
Rent report
5054 N Wolcott Ave Rent vs. Chicago Average
5054 N Wolcott Ave
Chicago Average
2BR
$1,695
$2,509
$0
$850
$1,700
$2,550
$3,400
5054 N Wolcott Ave is asking 32%
less than the average 2 bedroom apartment in
Chicago.
If you upsized to an average priced Chicago 3 bedroom apartment, you would pay
17% more per month.
If you downsized to an average priced Chicago 1 bedroom apartment,
you would pay 23% less per month.
5054 N Wolcott Ave provides 22%
less square footage than the average
Chicago 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
5054 N Wolcott Ave
2BR
$1,695
$2.20
$5,085
Chicago Average
Studio
$1,594
$3.40
$4,782
1BR
$2,034
$2.90
$6,101
2BR
$2,509
$2.50
$7,527
3BR
$3,033
$2.40
$9,100
4BR
$3,527
$2.20
$10,580
Availability in Chicago
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 3,861 1BR
units on the market in Chicago. If you're looking to negotiate, this may be your best option.