6 Hours Ago
Location
500 N Lake Shore Dr, Chicago, IL 60611, USA|Near North Side
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Property Overview
500 Lake Shore Drive scores highly across multiple factors, receiving an expert rating of 8.5 out of 10, indicating it is a strong option for renters. The property excels with a price rating of 9/10, a perfect amenities rating of 10/10, and an impressive location rating of 9/10, offering easy access to diverse dining and recreational options. Notably, it promotes environmental sustainability and features vibrant community spaces, enhancing both social interactions and quality of life.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elevator- Images Available
- Package service
Great for
Eco living
Social life
Floor plans
| Studio / 1 Bathroom | Studio | 1 bath | $2,595–$2,880 /mo | 3 units available | |||
| 1 Bedroom / 1 Bathroom | 1 bed | 1 bath | $3,025–$3,595 /mo | 6 units available | |||
| 2 Bedroom / 2 Bathroom | 2 bed | 2 bath | $5,025–$6,100 /mo | 3 units available |
Let's explore this property.
Amenities for 500 Lake Shore Drive
Apartment Amenities
| Pet Friendly Apartments | Private Outdoor Space |
Building
| 24/7 Attended Lobby | Amazon Hub Package Locker System |
| EV Charging | LEED Gold Certified |
| Onsite Storage | Smoke Free Living |
| The Event Party Room | The Library Lounge For Quiet Relaxation |
Services
| Indoor Dog Amenity | On-site ZipCar |
| Valet Dry Cleaning by Tide Cleaners |
Neighborhood
| 1.7 Acre Bennett Park Outside Of Your Front Door | Prime Streeterville Location At The Lakefront |
Other
| Reservable Guest Suite |
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
Contact for more information on pet policy.
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About 500 Lake Shore Drive
500 Lake Shore Drive cost $2,595–$6,100 per month. Located at 500 N Lake Shore Dr, Chicago, IL 60611, USA, 500 Lake Shore Drive has studio — 2 bedroom units available. Based on the average rent price of 2 bedrooms in Chicago, renting an apartment at 500 Lake Shore Drive is 154% more expensive per month.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.5
/10
Very GoodWith a solid 8.5 out of 10 overall, 500 Lake Shore Drive is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 500 Lake Shore Drive has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
500 Lake Shore Drive stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
500 Lake Shore Drive stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks, making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
500 Lake Shore Drive is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 500 Lake Shore Drive does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
Reviews from the web
Showing 8 highest rated
My partner and I love living here. The staff is amazing and we have no complaints. We renewed our lease after our 1st year because we don’t want to leave. Price is reasonable for the amenities, location, and service.
Zoe Nemetz
Jun 27, 2024
Amazing apartment with beautiful facilities (insane gym) and a terrific location right by the lake. What stands out about 500 though is the people. The staff are some of the nicest people I’ve met. I feel welcomed and valued every time I walk through the front door.
Sam Komisar
Nov 25, 2024
We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.
500 Lake Shore Drive is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 500 Lake Shore Drive compares to other nearby properties.
Positives
- Elevator
- Improved accessibility features
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Near North Side
Studio apartments at 500 Lake Shore Drive cost about 22% more than the average rent price for studios in Near North Side.
1-bedroom apartments here are priced 12% higher than 1-bedrooms in Near North Side.
If you decide to upgrade your space, you can expect 2-bedrooms at 500 Lake Shore Drive to be 26% more than the average for similarly sized apartments in Near North Side.
Median rents as of Sep 13 2025.
Near North Side
Chicago
| Month | Median Rent |
|---|---|
| September 2023 | $1,522 |
| October 2023 | $1,502 |
| November 2023 | $1,507 |
| December 2023 | $1,565 |
| January 2024 | $1,595 |
| February 2024 | $1,627 |
| March 2024 | $1,926 |
| April 2024 | $1,745 |
| May 2024 | $1,751 |
| June 2024 | $1,764 |
| July 2024 | $1,931 |
| August 2024 | $1,691 |
| September 2024 | $1,682 |
| October 2024 | $1,630 |
| November 2024 | $1,568 |
| December 2024 | $1,501 |
| January 2025 | $1,483 |
| February 2025 | $1,495 |
| March 2025 | $1,520 |
| April 2025 | $1,512 |
| May 2025 | $1,502 |
| June 2025 | $1,531 |
| July 2025 | $1,580 |
| August 2025 | $1,516 |
| September 2025 | $1,450 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,885 |
| October 2023 | $1,913 |
| November 2023 | $1,957 |
| December 2023 | $1,971 |
| January 2024 | $1,957 |
| February 2024 | $1,950 |
| March 2024 | $1,949 |
| April 2024 | $1,972 |
| May 2024 | $2,180 |
| June 2024 | $2,256 |
| July 2024 | $2,223 |
| August 2024 | $2,161 |
| September 2024 | $2,166 |
| October 2024 | $2,162 |
| November 2024 | $2,002 |
| December 2024 | $1,894 |
| January 2025 | $1,915 |
| February 2025 | $1,975 |
| March 2025 | $1,989 |
| April 2025 | $2,043 |
| May 2025 | $2,101 |
| June 2025 | $2,163 |
| July 2025 | $2,174 |
| August 2025 | $2,128 |
| September 2025 | $2,111 |
Affordability calculator
Can I afford to live at 500 N Lake Shore Dr?
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
$103,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $103,800 annually to afford this studio monthly rent price of $2,595.
For more information on rent affordability, visit our rent calculator.
Schools near 500 Lake Shore Drive
William B Ogden Elementary School
24 w walton st
chicago, IL, 60610
PK, K-8Public
B-
Ruben Salazar Bilingual Center
160 w wendell st
chicago, IL, 60610
PK, K-8Public
C+
Skinner North Elementary School
640 w scott st
chicago, IL, 60610
K-8Public
A-
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Thomas Early Childhood Center
3625 s hoyne ave
chicago, IL, 60609
PKPublic
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Internet available near 500 Lake Shore Drive
Neighborhood
Near North Side | Chicago, IL
NEIGHBORHOOD VIBE
Lively and energetic
You’ll be in the heart of the action in this bustling and vibrant area with plenty of shopping, nightlife, and culture.
Getting around Chicago near 500 N Lake Shore Dr
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
5/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
9/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
10/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 500 N Lake Shore Dr, Chicago
Groceries
9/10
At least one supermarket within a 5-minute walk
Shopping
10/10
Exceptional variety of shops within a few minutes’ walk
Cafes
9/10
Exceptional variety of cafés within a few minutes’ walk
Restaurants
9/10
Exceptional variety of restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
9/10
Exceptionally large amount of park space within a few minutes’ walk
Nightlife
9/10
Exceptional variety of bars right within a few minutes’ walk
Explore the area around 500 N Lake Shore Dr
Bockwinkel's
320 E Ohio St
Whole Foods Market
255 E Grand Ave
Bockwinkel's
155 N Harbor Dr
Mariano's
333 E Benton Pl
Bockwinkel's
222 N Columbus Dr
Target
401 E Illinois St
Chicago Sports & Novelty
600 E Grand Ave
Swanqee
600 E Grand Ave
Selene's Boutique
340 E North Water St
Goodsinners LLC
200 E Illinois St
Starbucks
401 E Illinois St
Starbucks
401 E Ontario St
Starbucks
600 E Grand Ave
Dollop Coffee Co
345 E Ohio St
The Drunken Bean Coffee & Wine Bar
400 E South Water St
Tavern on the Pier
455 E Illinois St
Current
644 N Lake Shore Dr
The Living Room Bar
644 N Lake Shore DR Inside W C
Lizzie McNeill's
400 N McClurg Ct
Monarch & Lion, A British Restaurant
302 E Illinois St
Molly's Cupcakes
419 E Illinois St
Brown Sugar Bakery
600 E Grand Ave
Goddess and the Baker, 44 E Grand
44 E Grand Ave
WEST TOWN BAKERY-River North
15 E Ohio St
Chip City
55 E Chicago Ave
Dusable Park
Jame Addams Memorial Park
Gateway Park
River Esplanade
Milton Lee Olive Park
Kanela Breakfast Club
502 E Illinois St
Carson's Ribs
465 E Illinois St
Pinched on the River
443 E Illinois St
Pinstripes
435 E Illinois St
Subway
511 N McClurg Ct
Illinois / Lake Shore
Hyde Park Express, State, Grand, Chicago
Illinois / Peshtigo
Chicago, State, Hyde Park Express, Grand, Navy Pier
Grand / Peshtigo
State, Navy Pier, Hyde Park Express, Chicago, Grand
Grand / Streeter
State, Grand, Navy Pier, Chicago, Hyde Park Express
Navy Pier Terminal
Hyde Park Express, Hyde Park Express
Millennium Station
Metra Electric, South Shore Line, South Shore Line
Van Buren St.
South Shore Line, South Shore Line, Metra Electric
LaSalle Street
Rock Island
Chicago OTC
Union Pacific North, Union Pacific Northwest, Union Pacific West
Chicago Union Station
Burlington Northern, Heritage Corridor, Milwaukee North, Milwaukee West, North Central Service, Southwest Service
Grand
Red Line, Red Line
State / Lake
Pink Line, Purple Line, Green Line, Brown Line, Green Line, Orange Line
Washington / Wabash
Orange Line, Green Line, Green Line, Brown Line, Purple Line, Pink Line
Chicago
Red Line, Red Line
Lake
Red Line, Red Line
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