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468 West Melrose is highly rated with a Zumper expert score of 9 out of 10, reflecting its appeal for renters. The property features separate dining areas, spacious floor plans, and an updated kitchen, complemented by an on-site laundry facility and ample closet space. Its competitive pricing and excellent location, just 0.175 miles from a top-rated elementary school, enhance its desirability, making it a standout option with impressive amenities.
Things you’ll love
Elementary school nearbyImages Available| 0BR/1.0BA | Studio | 1 bath | $1,485 /mo | 1 unit available | This apartment is located in the middle of the east lakeview area, right in between the numerous shops and restaurants of Broadway and the serenity of the lake. This building is on a quiet east lakeview street and is just steps off of lakeshore drive, Lake Michigan, Lincoln Park shopping, dining, and very close to Wrigley Field! It offers extremely easy access to public transportation including the L train as well as multiple buses. Take advantage of this fantastic remodeled large studio. This building has great amenities including: Remodeled Lobby Spacious floor plans Building is meticulously maintained by engineer who lives in the building On site laundry facility Security cameras throughout first floor, lobby, garage, entrances Intercom security access for entire building Brand New energy efficient windows 2 Elevators in the building This unit offers spacious floor plan with great sunlight and includes: Lots of closet space updated bathroom updated kitchen appliances Good lighting Separate Dining area Wood floors throughout | ||
| 1BR/1.0BA | 1 bed | 1 bath | $1,995–$2,025 /mo | 3 units available | this apartment is located in the middle of the Lakeview area, right in between the numerous shops and restaurants of Broadway and the serenity of the lake. This building is on a quiet East Lakeview street and is just steps off of Lake Shore Drive, Lake Michigan, Lincoln Park Shopping and Dining and very close to Wrigley Field! It offers extremely easy access to public transportation including the L train as well as multiple buses. Take advantage of this fantastic completely remodeled one bedroom. This building has great amenities including: spacious floor plans building is meticulously maintained by engineer who lives in the building on site laundry facility security cameras throughout first floor, lobby, garage, entrances intercom security access for entire building new energy efficient windows remodeled lobby and entryway This unit offers spacious floor plan with great natural light and includes: Lots of Closet Space Wall to Wall new Hard wood floors updated bathroom newer Kitchen Large floor plan |
Let's explore this property.
Building
| Cats OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 72 |
|---|
This apartment is located in the middle of the east lakeview area, right in between the numerous shops and restaurants of Broadway and the serenity of the lake. This building is on a quiet east lakeview street and is just steps off of lakeshore drive, Lake Michigan, Lincoln Park shopping, dining, and very close to Wrigley Field! It offers extremely easy access to public transportation including the L train as well as multiple buses. Take advantage of this fantastic remodeled large studio. This building has great amenities including: Remodeled Lobby Spacious floor plans Building is meticulously maintained by engineer who lives in the building On site laundry facility Security cameras throughout first floor, lobby, garage, entrances Intercom security access for entire building Brand New energy efficient windows 2 Elevators in the building This unit offers spacious floor plan with great sunlight and includes: Lots of closet space updated bathroom updated kitchen appliances Good lighting Separate Dining area Wood floors throughout
How 468 West Melrose compares to other nearby properties.
Positives
Considerations
Studio apartments at 468 West Melrose cost about 7% less than the average rent price for studios in Lakeview.
1-bedroom apartments here are priced 9% lower than 1-bedrooms in Lakeview.
| Month | Median 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 |
| Month | Median 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 |
Can I afford to live at 468 W Melrose St?
Bedrooms
Rent-to-income ratio
30%
$59,400/yr
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Lakeview | Chicago, IL
Kenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,140–$1,887
Hyde Park • 5200 S Blackstone Ave
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$1,660–$2,814
Near North Side • 1 E Delaware Pl
Studio–2 Beds
$2,343–$4,618
Kenwood • 5035 S East End Ave
Studio–3 Beds
$1,699–$4,590
Near West Side • 1313 W Randolph St
Studio–2 Beds
$2,096–$3,049
Lincoln Park • 1730 N Clark St
Studio–3 Beds
$2,424–$7,353
Loop • 29 S La Salle St
Studio–2 Beds
$2,078–$5,223
Kenwood • 4726 S Woodlawn Ave
Studio–2 Beds
$1,140–$1,887
Hyde Park • 5200 S Blackstone Ave
1–2 Beds
$1,660–$2,814
Near North Side • 1 E Delaware Pl
Studio–2 Beds
$2,343–$4,618
Kenwood • 5035 S East End Ave
Studio–3 Beds
$1,699–$4,590
Near West Side • 1313 W Randolph St
Studio–2 Beds
$2,096–$3,049
Lincoln Park • 1730 N Clark St
Studio–3 Beds
$2,424–$7,353
Loop • 29 S La Salle St
Studio–2 Beds
$2,078–$5,223
