5+ Days Ago
Highlight reel
Highlights
- Large kitchen
- Spacious unit
- Great closet space
- Real hardwood floors
Location
468 W Melrose St, Chicago, IL 60657, USA|Lakeview
Hi! Let’s figure out if this property is right for you.
Powered by Zumper AI
Nearby rentals
Renter hub
Property management
Apartments for rent ChicagoApartments for rent Near North SideApartments for rent LakeviewApartments for rent Near West SideApartments for rent LoopApartments for rent UptownApartments for rent EdgewaterApartments for rent Rogers ParkApartments for rent Logan SquareApartments for rent Lincoln SquareApartments for rent South LoopApartments for rent West TownApartments for rent EvanstonApartments for rent Lincoln ParkApartments for rent Hyde ParkApartments Near Me
Houses for rent ChicagoHouses for rent LakeviewHouses for rent WoodlawnHouses for rent Near West SideHouses for rent Near North SideHouses for rent West TownHouses for rent Lincoln ParkHouses for rent Lincoln SquareHouses for rent Irving ParkHouses for rent DeerfieldHouses for rent UptownHouses for rent West RidgeHouses for rent EvanstonHouses for rent AuroraHouses for rent Washington ParkHouses for rent near me
Property Overview
468 West Melrose is an impressive property, earning a strong Zumper Expert Rating of 8.6 out of 10, reflecting its appeal for renters. It features a large kitchen, spacious unit, ample closet space, and real hardwood floors, complemented by competitive pricing and a wealth of amenities, including a location rated 9 out of 10 for convenience to key destinations. Trustworthiness is also highlighted with a rating of 7, indicating transparency in its presentation to renters.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby
Floor plans
| 0BR/1.0BA | Studio | 1 bath | $1,495 /mo | 1 unit available | This spacious unit gets lots of light and has great closet space. The unit has a lot of storage in the large kitchen. The eat-in counter top is perfect for a working space or a meal. The unit has real hardwood floors as well. |
Let's explore this property.
Amenities for 468 West Melrose
Building
| Cats OK |
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
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 72 |
|---|
Advertisement
About 468 West Melrose
This spacious unit gets lots of light and has great closet space. The unit has a lot of storage in the large kitchen. The eat-in counter top is perfect for a working space or a meal. The unit has real hardwood floors as well.
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.
8.6
/10
Very GoodWith a solid 8.6 out of 10 overall, 468 West Melrose is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 468 West Melrose has a number of attractive features—namely its Price— 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.
468 West Melrose 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·8A 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.
With multiple in-demand amenities, 468 West Melrose is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
468 West Melrose 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.
468 West Melrose 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·7A 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.
468 West Melrose provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking 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 468 West Melrose compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
Considerations
- Lacks images
- Fewer than 10 photos available for this location
- No laundry facilities available
- This property doesn't offer on-site or in-unit washers and dryers
Get the latest listings anytime, anywhere
Receive similar listings in the area, download our app, and more.
Rent trends in Lakeview
studio apartments at 468 West Melrose cost about 5% more than the average rent price for studio apartments in Lakeview.
Median rents as of Dec 6 2025.
Lakeview
Chicago
| Month | Median Rent |
|---|---|
| December 2023 | $1,587 |
| 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 | $1,473 |
| October 2025 | $1,495 |
| November 2025 | $1,520 |
| December 2025 | $1,495 |
| Month | Median Rent |
|---|---|
| December 2023 | $1,331 |
| January 2024 | $1,325 |
| February 2024 | $1,325 |
| March 2024 | $1,312 |
| 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 | $1,423 |
Affordability calculator
Can I afford to live at 468 W Melrose St?
Bedrooms
StudioRent-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
$59,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $59,800 annually to afford this studio monthly rent price of $1,495.
For more information on rent affordability, visit our rent calculator.
Schools near 468 West Melrose
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+
Kellman Corporate Community Elementary School
3030 w arthington st
chicago, IL, 60612
PK, K-8Public
C-
Advertisement
Internet available near 468 West Melrose
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 468 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 468 W Melrose St, Chicago
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
Several cafés within a few minutes’ walk
Restaurants
9/10
Wide 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 468 W Melrose St
Online Best Organic Grocery Shopping Store Mirchimasalay
3450 N Lake Shore Dr
Mariano's
3030 N Broadway St
Jewel-Osco
3531 N Broadway St
3600 Commissary
3600 N Lake Shore Dr
Fresh Stop Inc
930 W Belmont Ave
Zeglio Custom Clothiers Broadway
3245 N Broadway St
GapBody
3216 N Broadway St
Cram Fashion Inc
3331 N Broadway St
DBF Lola & Bowie Pim Creative
3335 N Broadway St
Wear Moi LLC
3352 N Broadway St
Tutti Frutti Coffee Shop
510 W Belmont Ave
Juicerx
3241 N Broadway St
Stan's Donuts
3300 N Broadway St
Bow Truss Coffee Roasters
3128 N Broadway St
Starbucks
3358 N Broadway St
Wake' N Bacon
420 W Belmont Ave
Laugh Factory-Chicago
3175 N Broadway St
Dryhop Brewers
3155 N Broadway St
The Closet
3325 N Broadway St
House of Hookah
607 W Belmont Ave
Chicago Sugar Daddy Patisserie
3243 N Broadway St
Friedlob C Katering Desserts
507 W Briar Pl
GNC
3206 North Broadway
Maison Marcel
3114 N Broadway St
Linda's Magic Brownies
3109 N Broadway St
Evergreen Playlot Park
Wendt Playlot Park
Martin Park
Weisman Playlot Park
Kenmore Park
Wake' N Bacon
420 W Belmont Ave
Eggsperiencecafe
3233 N Broadway St
Chicago Sugar Daddy Patisserie
3243 N Broadway St
Joy's
3257 N Broadway St
Joy's Noodle & Rice
3257 N Broadway St
Lake Shore / Melrose
Sheridan
Belmont / Pine Grove
Lasalle, Sheridan, Belmont
Belmont / Sheridan
Lasalle, Belmont, Sheridan
Belmont / Pine Grove
Sheridan, Belmont, Lasalle
Inner Lake Shore Drive / Belmont
Sheridan, Clarendon / Lasalle Express, Inner Lake Shore / Michigan Express
Clybourn
Union Pacific North, Union Pacific Northwest
Ravenswood
Union Pacific North
Millennium Station
Metra Electric, South Shore Line, South Shore Line
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
Belmont
Red Line, Red Line, Brown Line, Purple Line, Purple Line, Brown Line
Wellington
Purple Line, Brown Line, Brown Line, Purple Line
Addison
Red Line, Red Line
Diversey
Purple Line, Purple Line, Brown Line, Brown Line
Sheridan
Red Line, Red Line
Compare similar properties nearby
Woodlawn Terrace
Our team has verified this companyKenwood • 4726-4738 South Woodlawn Avenue
Studio–1 Bed
$1,100–$2,174
- cats ok
- on-site laundry
- hardwood floor
The Blackwood
Our team has verified this companyHyde Park • 5200 South Blackstone Avenue
1 Bed
$1,650–$3,053
- cats ok
- on-site laundry
- hardwood floor
Regents Park
Our team has verified this companyKenwood • 5035 South East End Avenue
Studio–1 Bed
$1,775–$3,876
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
Woodlawn Terrace
Our team has verified this companyKenwood • 4726-4738 South Woodlawn Avenue
Studio–1 Bed
$1,100–$2,174
- cats ok
- on-site laundry
- hardwood floor
The Blackwood
Our team has verified this companyHyde Park • 5200 South Blackstone Avenue
1 Bed
$1,650–$3,053
- cats ok
- on-site laundry
- hardwood floor
Regents Park
Our team has verified this companyKenwood • 5035 South East End Avenue
Studio–1 Bed
$1,775–$3,876
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor
- cats ok
- on-site laundry
- hardwood floor