Melrose Park, IL Apartments For Rent
46 rentals
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Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,455 - $2,335/mo
1-3 Beds
1-2 BathsThe Preserve at Woodfield | 4700 Arbor Dr #4738-201,
Rolling Meadows, IL 60008
Use arrow keys to navigateNEW - 1 DAY AGOSPECIAL OFFERPET FRIENDLY$1,865 - $3,899/moStudio-3 Beds1-2 BathsThe Residences at Payton Place | 3401 Payton Pl #236,
Arlington Heights, IL 60005
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,552 - $2,864/mo1-3 Beds1-2 BathsWillow Bend | 2850 Southampton Dr #17202,
Rolling Meadows, IL 60008
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NEW - 2 DAYS AGO$1,295 - $1,350/mo1 Bed1 Bath1500-04 North 22nd Avenue | 1500-04 N 22nd Ave #A4,
Melrose Park, IL 60160
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What Locals Say about Melrose Park
Review Highlights
Melrose Park pulses with easy living: quick commutes, clean streets, parks, and quiet nights. Residents praise safety, easy transit, parks and events, and quick access to O'Hare and downtown. They cite weak schools, high taxes, traffic and parking woes, slow transit, and few dining options.
AI-generated summary of moderated reviews.
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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Mar 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,525 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,655 |
| Oct 2025 | $1,600 |
| Nov 2025 | $1,600 |
| Dec 2025 | $1,500 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,700 |
| Mar 2026 | $2,650 |
| Apr 2026 | $1,500 |
| May 2026 | $1,355 |
| Jun 2026 | $1,475 |
Average Rent By Bedroom and Home Type
In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,355 | $1,600 | $2,044 | — | $1,600 |
| Townhomes | — | $1,800 | — | — | $1,800 |
| Apartments and Condos | — | $1,650 | $1,750 | — | $1,725 |
| Houses | — | $1,600 | $7,700 | — | $4,899 |
Frequently Asked Questions about Rentals 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 $1,471 per month. This is about 25% lower than the national average.
- What is the average rent of a house in Melrose Park, IL?The average rent of a house in Melrose Park, IL is $4,899 per month. This is about 151% higher than the national average.
- What is the average rent of a townhome in Melrose Park, IL?The average rent of a townhome in Melrose Park, IL is $1,800 per month. This is about 8% lower than the national average.
- When is the average rent cheapest in Melrose Park, IL?In the last year, the average rent in Melrose Park, IL was lowest in Feb 2025 when it was $1,445 per month.
- When is the average rent most expensive in Melrose Park, IL?In the last year, the average rent in Melrose Park, IL was highest in Mar 2025 when it was $1,800 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 $1,355 per month. That is about $255 more than the cost of a studio apartment.
- How many available rental listings are in Melrose Park, IL?There are 20 available rental listings in Melrose Park, IL.
- What are some zip codes in Melrose Park, IL?
- 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.