Melrose Park IL Apartments

19 rentals

Apartments For Rent Near Melrose Park, IL

We found 30 more apartments matching your filters just outside Melrose Park

Average Rent Trends in Melrose Park, IL

Rent in Melrose Park, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Apr 2025.
MonthAverage rent
Oct 2025$1,315
Nov 2025$1,350
Dec 2025$1,308
Jan 2026$1,358
Feb 2026$1,296
Mar 2026$1,445
Apr 2026$1,365
May 2026$1,273
Jun 2026$1,382
Jul 2026$1,501
Aug 2026$1,558
Sep 2026$1,517
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,295$1,708$2,500—$1,400
Apartments and Condos$1,197$1,708$2,500—$1,700
Houses————$5,999
See more information about local market trends in Melrose Park, IL

Frequently Asked Questions about Apartments and Condos for rent in Melrose Park, IL

  • What is the average rent of an apartment in Melrose Park, IL?
    The average rent of an apartment in Melrose Park, IL is $1,467 per month. This is about 25% lower than the national average.
  • When is the average rent for an apartment cheapest in Melrose Park, IL?
    In the last year, the average rent in Melrose Park, IL was lowest in Sep 2025 when it was $1,300 per month.
  • When is the average rent for an apartment most expensive in Melrose Park, IL?
    In the last year, the average rent in Melrose Park, IL was highest in Apr 2025 when it was $1,563 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Melrose Park, IL?
    The average rent of a 1 bedroom apartment in Melrose Park, IL is $1,299 per month. That is about $349 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Melrose Park, IL?
    There are 17 available apartments or condos to rent in Melrose Park, IL.
  • What are some zip codes in Melrose Park, IL?
    Melrose Park, IL includes zip codes such as: 60160, 60164, 60161.
  • What are some cities near Melrose Park, IL?
    Some nearby cities include: Stone Park, Bellwood, Northlake, River Grove, Franklin Park. These cities may have more rental options to explore.
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