Zumper
modified
4 Hours Ago

Highlight reel

Highlights

  • Dishwasher
  • On-site laundry
  • Spacious floor plans
  • Closet space
  • Spacious layout
  • Large bedroom

Location

468 W Melrose St, Chicago, IL 60657, USA|Lakeview
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Tour 468 West Melrose

Contact

Management

Bervin Inc.

Leasing office

(312) 806-3533

Property Overview

468 West Melrose earns a strong overall rating with standout marks for price, location, quality, and trustworthiness, reflecting a well-rounded option for renters. Its dishwasher, on-site laundry, spacious floor plans, generous closet space, and large bedrooms add to its appeal, while the nearby top-rated elementary school is a notable convenience.

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.

Zumper Expert Rating

9.0
Excellent
468 West Melrose 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 Location, which help to make this rental a great place to call home.

Things you’ll love

  • Elementary school nearby

Floor plans

1BR/1.0BA1 bed1 bath$1,995–$2,095 /mo3 units availableBright front-facing unit with tons of natural light, featuring hardwood floors, stainless steel appliances, a remodeled kitchen, remodeled bathroom, tenant-controlled heat, and attractive wooden closet doors. The building offers excellent amenities, including secured garage parking, an on-site laundry facility, intercom-controlled security access, a full camera system, security cameras throughout the first floor, and a remodeled lobby. The building is meticulously maintained by an on-site engineer.

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

Units72
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About 468 West Melrose

HomeApartments in ChicagoLakeview 468 West Melrose

Bright front-facing unit with tons of natural light, featuring hardwood floors, stainless steel appliances, a remodeled kitchen, remodeled bathroom, tenant-controlled heat, and attractive wooden closet doors. The building offers excellent amenities, including secured garage parking, an on-site laundry facility, intercom-controlled security access, a full camera system, security cameras throughout the first floor, and a remodeled lobby. The building is meticulously maintained by an on-site engineer.


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.
9.0
/10
Excellent
468 West Melrose 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 Location, which help to make this rental a great place to call home.
How we rated 468 West Melrose
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.
468 West Melrose 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·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·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.

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

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
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

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Rent trends in Lakeview

1-bedroom apartments at 468 West Melrose cost about 9% less than the average rent price for 1-bedroom apartments in Lakeview.

Median rents as of Jun 20 2026.
Lakeview
Chicago
A table of studio rental data trends in Chicago
MonthMedian Rent
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
April 2026$1,637
May 2026$1,684
June 2026$1,693
A table of studio rental data trends in Lakeview
MonthMedian Rent
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
April 2026$1,595
May 2026$1,638
June 2026$1,648

Affordability calculator

Can I afford to live at 468 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

$79,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $79,800 annually to afford this 1-bedroom monthly rent price of $1,995.
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+

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 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

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