Hello!

I'm going to be needing a bike for the summer for commuting to work (~2 miles), getting groceries, and general transportation through the city. I have very limited knowledge on the market though, but from my understanding I'm looking for:

- thin wheels (as I'd be on pavement 90% of the time)
- upright position, or slightly leaned over I suppose (being leaned over doesn't look comfortable, but I've never tried it so maybe?)
- under $500 and good resale value (likely won't need the bike after summer; there is a rental service but it comes out to ~$480 for 3 months)
- an included rear rack would be highly preferred, but if not, at least have the mounts for one to be added.

If you all can give me some recommendations that would be appreciated. Thanks!

edit: If my info matters, I'm 5'8, 125 lbs, male.