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OFFER:

Limited Availability! Applicable to new residents on 12+ month leases. Terms and conditions apply. Contact us for additional details.

modified
3 Days Ago

Highlights

  • Rent Special

Location

520 W Melrose St, Chicago, IL 60657, USA|Lakeview
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Contact

Management

Group Fox Property Management

Leasing office

(888) 776-8093

Open 

Monday 9:00 am–5:00 pm CT

Property Overview

Melrose Shores achieves an impressive overall expert rating of 9.4, reflecting its appeal to renters due to excellent pricing, amenities, and quality. The property features a prime location with convenient access to schools, parks, and other amenities, while showcasing transparency in its descriptions, earning a trustworthiness rating of 8. With notable pet-friendly offerings, including proximity to dog parks and outdoor spaces, this property stands out as a well-rounded choice for potential residents.

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.

Zumper Expert Rating

9.4
Excellent
Melrose Shores is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Images Available

Great for

  • Pet owners

Floor plans

One Bedroom1 bed1 bath560+ sqft$1,810–$1,930 /mo2 units available

Let's explore this property.

Amenities for Melrose Shores

Apartment Amenities

Abundant Closet SpaceAir Conditioning
BalconyHardwood Floor
Spacious Balcony

Appliances

Dishwasher

Building

Cats OKOnsite Laundry

Grounds

Assigned ParkingGarage Parking

Neighborhood

Transportation
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Parking

Cat Policy

Allowed
Limit2

Questions about this property’s policies and fees?

Building details

Property details

Units36
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About Melrose Shores

HomeApartments in ChicagoLakeview Melrose Shores

Limited Availability!Applicable to new residents on 12+ month leases. Terms and conditions apply. Contact us for additional details.


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.
9.4
/10
Excellent
Melrose Shores is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated Melrose Shores
Price·10A 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.
Melrose Shores offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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.
Melrose Shores 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—cats allowed—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.
Melrose Shores 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·9A 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.
Melrose Shores has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
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.

Melrose Shores is great for:

Pet owners

  • Outdoor spaces are available at this property
  • 21 pet supply stores near the property
  • 5 pet grooming services nearby
  • 3 dog parks within 1 mile

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 Melrose Shores compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Outdoor space
Easy access to the outdoors

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 Lakeview

1-bedroom apartments at Melrose Shores cost about 18% less than the average rent price for 1-bedroom apartments in Lakeview.

Median rents as of Mar 28 2026.
Lakeview
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
April 2024$1,685
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$1,657
A table of studio rental data trends in Lakeview
MonthMedian Rent
April 2024$1,373
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$1,585

Affordability calculator

Can I afford to live at 520 W Melrose St?

Bedrooms

1 bedroom

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

$72,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $72,400 annually to afford this 1-bedroom monthly rent price of $1,810.
For more information on rent affordability, visit our rent calculator.

Schools near Melrose Shores

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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Internet available near Melrose Shores

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 520 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 520 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 520 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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