Zumper

511 W Melrose St
511 W Melrose St, Chicago, IL 60657, USA

Apartment for rent
Pet friendly
Monthly rent
$1,250–$1,695
BedsStudio–1
Baths1
Sqft400–700
modified
5+ Days Ago

Property Overview

The property features spacious closets and hardwood floors, contributing to a comfortable living environment. With excellent amenities for pet owners, including nearby hospitals and parks, it supports a pet-friendly lifestyle. Additionally, its high value for money and proximity to a top-rated elementary school enhance its appeal for a variety of potential residents.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Central heat

Great for

  • Pet owners

Highlights

  • Pet Friendly
  • spacious closets
  • hardwood floors

Units

511 W Melrose St Chicago, IL

Available

111

Our team has verified this company

Studio

1 Bath

$1,250

Listed on 01/15/2026
Listed by Jack Hanisch
Days on market: 62
UNIT FEATURES: * Hardwood Floors * On-Site Laundry * Huge Closets * Separate Kitchen * Ceiling Fans * Mini Blinds * Pet-Friendly (Call for Details) * PHOTOS MAY BE STOCK OF A SIMILAR UNIT IN THE BUILDING. Disclaimer: The Apartment Source Call or text: 773.404.9900

Available

211

Our team has verified this company

Studio

1 Bath

$1,325

Listed on 02/27/2026
Listed by Berthene Christos
Days on market: 19
We now offer virtual video tours of all of our apartments! Schedule a virtual tour and rent this apartment from the comfort and safety of your home! Apply online! Terrific studio in East Lakeview on Melrose features newer kitchen, spacious living area, good closet space, hardwood floors throughout, bright and sunny windows, newer bathroom, laundry room in building, and pets are welcome! Steps to the beach, Lake Shore Drive Express Bus, shopping, nightlife, and restaurants! UA1701 Won't Last Long!

Available

316

Our team has verified this company

1 Bed

1 Bath

$1,695

Listed on 02/27/2026
Listed by Berthene Christos
Days on market: 19
We now offer virtual video tours of all of our apartments! Schedule a virtual tour and rent this apartment from the comfort and safety of your home! Apply online! Bright one bedroom one bathroom in East Lakeview on Melrose features newer kitchen, separate dining area, spacious living area, large bedroom, good closet space, hardwood floors, newer bathroom, laundry room in building, and pets are welcome! Steps to the beach, Lake Shore Drive Express Bus, shopping, nightlife, and restaurants! UA1701 Won't Last Long!

Available

209STUDIO

Studio

1 Bath

$1,250

Listed on 02/28/2026
Listed by Mary Kuipers
Days on market: 18
Charming Lakeview Studio, Close to the Lake, PETS OK Must see large Studio apartment in desirable East Lakeview location! Features hardwood floors, updated kitchen & bath. Laundry on site. Pet friendly! Close to endless shopping, restaurants & night life. Public transportation is never an issue! Call today to set up a showing. **PLEASE NOTE THIS BUILDING IS ON A MONTH TO MONTH LEASE TERM ***

New Listing

410

1 Bed

1 Bath

$1,550

Listed on 03/08/2026
Listed by Jonathan Perez
Days on market: 10
Charming 1 bedroom apartment in desirable East Lakeview location! Features hardwood floors, large living area. Laundry on site. Pet friendly! Close to endless shopping, restaurants & night life. Easy access to transit. MONTH-TO-MONTH LEASE ONLY - Presented by Fulton Grace, Chicago IL *Pictures, layout, and finishes may differ or be of a similar unit available within the building. Listing posted by Jonathan Perez . [SYNDID 4155307 03182026]

Available

401-1

1 Bed

1 Bath

$1,550

Listed on 02/25/2026
Listed by Mary Kuipers
Days on market: 21
Charming Lakeview 1 bed, near lake, PETS OK Live near the Lake in this spacious 1 bedroom apartment. The building is located near the Belmont and Broadway intersections and is walking distance to plenty of shopping, restaurants, night life and the Lake! 10 to 15 minute walk to the Belmont El Stop which has the Red, Purple and Brown lines. These spacious 1 bedrooms feature a nice layout, decent size kitchen and good natural light. This unit features hardwood floors throughout. Laundry, bike room & building engineer are all on-site. This is a pet friendly building. Cooking Gas is included in the rent. **PLEASE NOTE THIS BUILDING IS ON A MONTH TO MONTH LEASE TERM ***

Amenities for 511 W Melrose St

Some units at this address have these amenities. View unit details for more information.

Building
  • Dogs Ok
  • Cats Ok
  • On-Site Laundry
  • Controlled Access
  • Storage
Unit Amenities
  • In-Unit Laundry
  • Air Conditioning
  • On-Site Laundry
  • Hardwood Floor
  • Ceiling Fan
  • Fireplace
  • Central Heat
  • Dishwasher
  • High Ceilings
  • Walk-In Closets
  • Oven
  • Furnished

Policies at 511 W Melrose St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

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About 511 W Melrose St

HomeApartments in ChicagoLakeview 511 W Melrose St #316, Chicago, IL 60657, USA

Discover the charm of 511 W Melrose St in Chicago's vibrant Lakeview neighborhood! This 108-unit property offers spacious studio and 1-bedroom apartments, approximately 700 square feet in size. Residents enjoy a range of amenities, including a fitness center, on-site laundry, hardwood floors, central heat, and plenty of natural light. The building is also pet-friendly, with a nearby dog park and bike room for added convenience. Plus, with top-rated schools nearby, including an elementary, middle, and high school with A- or higher ratings, this property is a great choice for those who value education. One of the standout features of this property is its bright and sunny windows, making it a delightful place to call home.

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Address details

Units106
Units available6
Neighborhood
City
Zip code60657

511 W Melrose St #316 is great for:

Pet owners

  • 3 dog parks within 1 mile
  • 7 pet hospitals in the area
  • 19 pet supply stores near the property
  • 4 pet grooming services nearby

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 511 W Melrose St, Chicago, IL 60657, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Less expensive
Some rentals at this address are cheaper than similar listings nearby
Elementary school nearby
There is an elementary school 0.1 mile away
Central heat
This address offers a climate controlled environment
Images available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Greater distance from middle schools
The nearest middle school is farther than 4 miles away

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Rent trends in Chicago

Studio apartments at 511 W Melrose St #316 cost about 20% less than the average rent price for studios in Lakeview.

1-bedroom apartments here are priced 26% lower than 1-bedrooms in Lakeview.

Median rents as of Mar 14 2026.
Lakeview
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
March 2024$1,987
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$1,473
October 2025$1,495
November 2025$1,520
December 2025$1,495
January 2026$1,496
February 2026$1,516
March 2026$1,655
A table of studio rental data trends in Lakeview
MonthMedian Rent
March 2024$1,325
April 2024$1,367
May 2024$1,482
June 2024$1,493
July 2024$1,532
August 2024$1,495
September 2024$1,495
October 2024$1,467
November 2024$1,473
December 2024$1,483
January 2025$1,448
February 2025$1,485
March 2025$1,492
April 2025$1,495
May 2025$1,498
June 2025$1,540
July 2025$1,506
August 2025$1,460
September 2025$1,450
October 2025$1,450
November 2025$1,416
December 2025$1,434
January 2026$1,479
February 2026$1,519
March 2026$1,575

Affordability calculator

Can I afford to live at 511 W Melrose St?

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

$50,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this studio median monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 511 W Melrose St, Chicago, IL.
This month$1,275Studio1 bath
This month$1,275Studio1 bath
This month$1,5501 bed1 bath
This month$1,5851 bed1 bath
This month$1,250Studio1 bath
This month$1,5851 bed1 bath
This month$1,250Studio1 bath
This month$1,6251 bed1 bath
This month$1,6951 bed1 bath

Schools near 511 W Melrose St #316

The Nettelhorst School

3252 n broadway st

chicago, IL, 60657

PK, K-8Public
A-

Skinner North Elementary School

640 w scott st

chicago, IL, 60610

K-8Public
A-

Ruben Salazar Bilingual Center

160 w wendell st

chicago, IL, 60610

PK, K-8Public
C+

North River Elementary School

4416 n troy st

chicago, IL, 60625

PK, K-8Public
C+

Rudolph Elementary Learning Center

1628 w washington blvd

chicago, IL, 60612

PK, K-7Public
C+
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Neighborhood

Lakeview | 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 511 W Melrose St

Walking

10/10
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

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 511 W Melrose St, Chicago

Groceries

9/10
At least one supermarket within a 5-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

7/10
Several cafés within a few minutes’ walk

Restaurants

9/10
Exceptional variety of restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Parks

10/10
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 511 W Melrose St

Mariano's
3030 N Broadway St
Online Best Organic Grocery Shopping Store Mirchimasalay
3450 N Lake Shore Dr
Jewel-Osco
3531 N Broadway St
Fresh Stop Inc
930 W Belmont Ave
3600 Commissary
3600 N Lake Shore Dr

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