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 May 2026, the average rent in Melrose Park, IL is $1,447 per month, which is 24% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,447
-31.1%-$653 decrease month-over-month
-9.3%-$148 decrease year-over-year
AVAILABLE RENTALS
18
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,295 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | $3,500 |
| All | $1,355 |
As of May 2026, the average rent for a 1 bedroom rental in Melrose Park, IL is $1,295 per month, followed by $1,500 for a 2 bedroom rental, $2,050 for a 3 bedroom rental, and $3,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,200 |
| 2 Bedrooms | $1,500 |
| 3 Bedrooms | $2,050 |
| 4 Bedrooms | — |
| All | $1,500 |
As of May 2026, the average rent for a 1 bedroom apartment in Melrose Park, IL is $1,200 per month, followed by $1,500 for a 2 bedroom apartment, and $2,050 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $7,700 |
| 4 Bedrooms | $3,500 |
| All | $4,899 |
As of May 2026, the average rent for a 3 bedroom house in Melrose Park, IL is $7,700 per month, followed by $3,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -15% compared to the previous year, which is a $240 decrease.
This year (2026)
Last year (2025)
Rent distribution
54% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,050 to $7,700.
