450 West Melrose

📍 450 W Melrose, Chicago, IL 60657

📋 Property Overview

Studio - 1 bd / 1 ba rental in Lake View East, Chicago, Illinois. Interior space is 361 sq ft. Rents run from $1,355 to $1,895 a month. Features in the home include bathtub, ceiling fan, smoke-free units and walk in closets. On site there is on-site laundry, 24hr maintenance, smoke-free community and bike storage. Pets are allowed (cats). Parking is available: parking. Leases run 12 months. Availability: Available Sep 7, 2026. With a Walk Score of 92, most errands can be done on foot. Transit Score is 80. Rent sits 41% below the area median ($2,300).

🚶 Getting Around

• Walk Score92/100

  Walker's Paradise

• Transit Score80/100

  Excellent Transit

💵 Costs & Lease

Lease length

12 months

Units available

4 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• STUD/1BAStudio · 1 ba · 300 sq ft$1,3551 unit available
• 1-BR/1BA1 bd · 1 ba · 558 sq ft$1,8253 units available

🧾 Move-in Costs & Lease

Move-in fee

$300 - $400

Lease length

12 months

Lease options

12 Months *Please contact leasing office for other lease terms

Available

Available Sep 7, 2026

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Illinois renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 686,697 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats

One-time pet fee

$25

Limit

2 pets

✨ Features & Details

• Pet Friendly
• On-site laundry
• Hardwood floors
• Dishwasher
• Cats allowed
• 24hr maintenance
• Garage
• Refrigerator
• Recently renovated
• Air conditioning
• Bathtub
• Ceiling fan
• Oven
• Range
• Smoke-free units
• Stainless steel
• Walk in closets
• Parking
• Bike storage
• Lobby
• Elevator
• CC payments
• E-payments
• Green community
• Internet access
• Online portal
• Package receiving
• Smoke-free community
• 361 sq ft
• 625 sq ft
• 558 sq ft
• 580 sq ft

📊 Property Facts

Walk Score

92 · Walker's Paradise

Transit Score

80 · Excellent Transit

🚗 Parking

• Parking · $230

🎓 Nearby Schools

• Nettelhorst Elementary School · PK-86/10 · 0.2 mi
• Inter-American Elementary Magnet School · PK-86/10 · 0.7 mi
• Hawthorne Elementary Scholastic Academy · K-88/10 · 0.8 mi
• Alcott College Prep · PK-85/10 · 0.8 mi
• Agassiz Elementary School · PK-85/10 · 0.9 mi
• Greeley Elementary School · PK-86/10 · 0.9 mi
• Walt Disney Magnet School · PK-88/10 · 1.1 mi
• Lincoln Elementary School · K-88/10 · 1.2 mi
• Brennemann Elementary School · PK-87/10 · 1.4 mi
• Blaine Elementary School · PK-86/10 · 1.4 mi

🏡 Floor Plans