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Hardwood Floors

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511 W Melrose #201

Chicago, IL 60657 - Cook County

Apartment

1 bed

1 bath

Cats & dogs OK

Laundry on site

About 511 W Melrose #201

Make 511 W. Melrose #201 your next home with this 1BR in Lakeview East. The apartment is equipped with hardwood floors and laundry in the building. The apartment uses electric heat. Actual-unit photos and a video tour are available for this listing. Cats and dogs are allowed. Pet Restrictions - 2 Max. Weight Restrictions - 40lbs Limit. Pioneer Realty Group can help you confirm current availability and schedule a tour. Amenities: Cooling - No A/C & Heating - Electric Baseboard.

8 days on RentalSource

RentalSource last checked: 19 hours ago · Listing updated: November 4, 2026

Listed by Helen Bailey · (815) 591-5267

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,650
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	Inquire

Pets:	Cats & dogs
Laundry:	On site
Parking:	Inquire
Available:	December 15, 2026
ID:	84693215

Amenities

Laundry Facilities
Hardwood Floors

Leasing Information

Lease term: 12 months.

Additional Details

This 1-bedroom, 1-bathroom apartment at 511 W Melrose #201 in Chicago, IL 60657 rents for $1,650 a month. It is pet friendly. 511 W Melrose #201 was advertised by Helen Bailey on November 4, 2026.

How the Rent Compares

At $1,650 a month, this apartment is below the typical rent for 1-bedroom apartments and condos in Chicago (about $2,140).

From 1,994 one-bedroom apartments and condos listed in Chicago on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.

$2,140Typical rent for 1-bedroom apartments and condos in Chicago

$1,600–$2,550Middle half of their rents

31 daysAverage time they have been listed

See 1+ bedroom rentals in Chicago

Rent History

This home was last listed for rent on RentalSource from February to March 2022, ending at $1,350. Today's rent is $300 higher.

Rent history for this home, newest first
Date	Event	Rent	Change
November 4, 2026	Listed for rent	$1,650+22.2%	+22.2%
March 6, 2022	Listing removed	$1,350

These are listed prices. What renters actually paid may have been different.

Affordability Calculator

Can I afford to live at 511 W Melrose #201?

Bedrooms

1 bedroom

Rent-to-income ratio

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.

Commute

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