Somerset Place Apartments

📍 5009 North Sheridan Rd, Chicago, IL 60640

Monthly Rent

$1,935 – $2,325

Bedrooms

1–2 bd

Bathrooms

1 ba

Sq Feet

632 sq ft

Updated 9 days ago

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📋 Property Overview

Looking at Somerset Place Apartments in Little Vietnam, Chicago, Illinois: 1 - 2 bd / 1 ba. Interior space is 632 sq ft. Rents run from $1,935 to $2,325 a month. Features in the home include garbage disposal, granite counters, dishwasher and microwave. Shared amenities include elevator, E-payments, pet friendly and concierge. Pets are allowed (cats and dogs), with pet rent of $55. Parking on site includes surface lot. The standard lease term is 15 months. Availability: Available now. Included in the rent: sewer, water and trash. With a Walk Score of 90, most errands can be done on foot. Transit Score is 77. That is 18% below the local median of $2,350.

🚶 Getting Around

Walk Score90/100
Very Walkable
Transit Score77/100
Excellent Transit

13 transit routes nearby

12Bus
1Rail

1 bedroom · typical rent nearby$2,271

Market trend: Falling · as of August 2026

💵 Costs & Lease

Deposit: If approved and qualified, applicants are required to pay a refundable security deposit. The deposit amount may vary based on screening results and qualification criteria.
Lease length: 11 months
Units available: 11 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

Lawrence1 bd · 1 ba · 632 sq ft$2,0054 units available
Winthrop1 bd · 1 ba · 576 sq ftNone available right now
AshlandStudio · 1 ba · 493 sq ftNone available right now
Irving1 bd · 1 ba · 700 sq ftNone available right now
Lake Shore1 bd · 1 ba · 927 sq ftNone available right now
CarmenStudio · 1 ba · 469 sq ftNone available right now
AinslieStudio · 1 baNone available right now
Argyle AROStudio · 1 ba · 462 sq ftNone available right now
Wilson ARO1 bd · 1 ba · 859 sq ftNone available right now
Windsor ARO2 bd · 2 baNone available right now
Sheridan1 bd · 1 ba · 738 sq ftNone available right now
Ridge1 bd · 1 baNone available right now

🧾 Move-in Costs & Lease

Security deposit: If approved and qualified, applicants are required to pay a refundable security deposit. The deposit amount may vary bas
Move-in fee: Administrative Fee $500
Lease length: 15 months
Also available: 11 months
Lease options: 6-15 months
Available: Available now
Application fee: $60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Estimated range for Illinois at $20,000 – $24,999 of personal property

$12–$15/ monthEstimate — not a quote

About $153–$175 a year.

Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

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