What's the average rent in Melrose Park, IL?
Rental Market Trends in Melrose Park, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of August 2026, the average rent in Melrose Park, IL is $1,725 per month, which is 12% lower than the national average rent of $1,965 per month.
AVERAGE RENT
$1,725
7.8%$125 increase month-over-month
19.0%$275 increase year-over-year
AVAILABLE RENTALS
19
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,350 |
| 2 Bedrooms | $1,700 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $2,600 |
| All | $1,725 |
As of August 2026, the average rent for a 1 bedroom rental in Melrose Park, IL is $1,350 per month, followed by $1,700 for a 2 bedroom rental, $2,000 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,725 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,600 |
| All | $1,750 |
As of August 2026, the average rent for a 1 bedroom apartment in Melrose Park, IL is $1,250 per month, followed by $1,725 for a 2 bedroom apartment, $1,900 for a 3 bedroom apartment, and $2,600 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,950 |
| 4 Bedrooms | — |
| All | $2,000 |
As of August 2026, the average rent for a 3 bedroom house in Melrose Park, IL is $2,950 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -3% compared to the previous year, which is a $50 decrease.
This year (2026)
Last year (2025)
Rent distribution
62% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $1,250 to $5,999.
