5054 N Ridgeway Ave
5054 N Ridgeway Ave,
Chicago, IL 60625
$1,550 Total Monthly Price
1 Bed
Area Guide
The Albany Park community is a melting pot of culture in Chicago. As one of the city’s most diverse neighborhoods, students served by the Chicago Public Schools system speak more than 40 languages in the classroom. Originally settled in 1893, streetcars helped aid the neighborhood’s growth and development just three years later.
Its massive support of public transit is aided by Brown and Blue Line Stations throughout the community. Residents adore its many bus stops as well as proximity to Interstate 94. You can pretty much find any type of cuisine in Albany Park – no passport needed since it is right in your own backyard! You’ll also find many community gardens and recreational parks for your enjoyment.
As of July 2026, the average apartment rent in Albany Park is $911 for a studio, $991 for one bedroom, $1,402 for two bedrooms, and $1,757 for three bedrooms. Apartment rent in Albany Park has increased by 1.7% in the past year.
Studio
409 sq ft
Average Sq Ft
$911/month
Average Rent
1 BR
512 sq ft
Average Sq Ft
$991/month
Average Rent
2 BR
731 sq ft
Average Sq Ft
$1,402/month
Average Rent
3 BR
914 sq ft
Average Sq Ft
$1,757/month
Average Rent
Explore how walkable, bikeable, drivable, and transit-friendly Albany Park - Chicago, IL is for everyday living.
Exceptionally Walkable
Walkability
Strong Public Transit
Transit
Fairly Drivable
Drivability
Moderately Bikeable
Bikeability
In Albany Park - Chicago, IL, daily errands are quick and hassle-free.
Supermarket Within a 5 Minute Walk
Groceries
Exceptional Restaurant Variety Nearby
Restaurants
Exceptional Café Variety Nearby
Cafes
Great Variety of Shops Nearby
Shopping
Albany Park - Chicago, IL provides ample green space and fitness centers within easy reach.
Very Large Amount of Park Space Nearby
Parks
Good Wellness Amenity Variety Nearby
Wellness
Get a sense of what it’s like to live in Albany Park - Chicago, IL from everyday activity to noise and nightlife.
Vibrant Atmosphere
Vibrancy
Exceptional Nightlife Variety Nearby
Nightlife
Fairly Noisy
Quiet Score
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.