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505 W Melrose

Apartment
1 beds
1 baths
450 sqft

About 505 W Melrose

Located in the heart of Lakeview East, this 1990 4-plus-1 building is the perfect place for those who like vintage shopping, bar hoppin', comedy shows, hit a few balls at the Diversey driving range and good food. Don't worry, we also love our peace and quiet; this place is close enough to all the action but tucked away far enough to enjoy the birds chirping, picnics & walks near the lake or simply peaceful moments in your apartment. Being only 0.6 miles away from Belmont Harbor offers all these options. Let's not forget about our commuters. Thanks to it's proximity to North Lake Shore Drive, you'll be able to go anywhere in no time. It's also only 0.3mi away from a grocery store for your convenience. Lakeview East is home to some of the most fashionable stores and delicious cuisine, from sushi and seafood boil to the best pizzas you've ever had and everything else in between. Lincoln Park Zoo is 1.8 miles away and access to a popular farmers market on Saturday mornings. Mariano's is 3 blocks away if you're more of an indoor shopper than an outdoor one. Studios and one-bedroom apartments. Gated covered/uncovered parking available for an additional cost. Laundry room (in unit washer and dryer for some units) Air conditioning window unit provided for convenience. Central heating. Close to buses 77, 151, 156, 135, 146. Belmont L station is 0.7 miles away. No security deposits. Soft credit check required....
RentalSource last checked: June 1, 2026 · 3:51 PM ET
Managed by: Langdon Partners · (847) 987-9440 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Apartment
Rental Fee: $1,650 - $2,450
Bedrooms: 1 beds
Bathrooms: 1 baths
Size: 450 sqft
Pet Friendly: No
Listing Status: Active
ID: 83699100

Property Amenities

•  Air Conditioning
•  High-Speed Internet
•  Washer/Dryer Hk-up

Community Features

•  Laundry Facilities
•  Parking

Unit Rates

Name Beds Baths Sqft Rent
Studio 1 1 450 $1,650
1 Bed 1 1 - $1,800
Studio 1 1 - $2,450

Additional Details

Apartment for rent in Chicago for $1,650-$2,450 with 1 bed, 1 bath, 450 sqft and located at 505 W Melrose in Chicago, IL 60657. The averaged rental price of $2,050 is 13.9% ($331) lower than the average rent of $2,381 for a 1 bedroom apartment in Chicago, IL and 12.7% ($297) lower than the average rent of $2,347 for a 1 bedroom apartment in Cook County. 505 W Melrose was advertised by Langdon Partners on May 27, 2026 at 11:19 AM ET and last updated on June 1, 2026 at 3:51 PM ET.

Affordability Calculator

Can I afford to live at 505 W Melrose?
Bedrooms
1 bedroom
30%
10% Recommended 50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$66,000 /year
With your chosen rent-to-income ratio, an annual income of $66,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,650 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,650 - $2,450
Interested in 505 W Melrose?
Find out more about this property & see if it's available now.
Property managed by:
Langdon Partners
(847) 987-9440
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 505 W Melrose

505 W Melrose, Chicago, IL 60657 - Apartment for Rent
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