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Apartments in Melrose Park

1 - 8 of 8 Results
9
$1,300
Move-in Ready Apartment – Heat & Gas Included!
1722 N Mannheim Rd Stone Park, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
15
$1,000
1610 N 1st Ave
Melrose Park, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,345
1530 N 1st Ave
Melrose Park, IL
1 BR | Available Now
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Dog Friendly
Cat Friendly
1
$1,895
2069 N 18th Ave
Melrose Park, IL
2 BR | Available Now
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Dishwasher
1
$1,295
1450-80 N 1st Ave
Melrose Park, IL
1 BR | Available Now
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2
$1,260
Terrace Apartments
1829 N 19th Ave Melrose Park, IL
1 BR | Oct. 1, 2026
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Dog Friendly
Cat Friendly
1
$1,350
1500-04 N 22nd Ave
Melrose Park, IL
1 BR | Available Now
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1
$1,550
1302 N 23rd Ave
Melrose Park, IL
2 BR | Available Now
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Dog Friendly
Cat Friendly
1 - 8 of 8 Results
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How much does it cost to rent an apartment in Melrose Park?

Melrose Park Apartments
Bed Type Average Rent Range
1BR $1,300 $1,000 - $1,350
2BR $1,720 $1,550 - $1,900
Frequently Asked Questions

How many apartments are available in Melrose Park, IL on Rentable.co?

Rentable.co has over 291 apartments available in Melrose Park.

What is the average rent for a one-bedroom apartment in Melrose Park, IL?

The average rent for a one-bedroom apartment in Melrose Park is around $1,300 per month.

What is the average rent for a two-bedroom apartment in Melrose Park, IL?

The average rent for a two-bedroom apartment in Melrose Park is around $1,720 per month.

How expensive is it to rent an apartment in Melrose Park, IL?

For a two-bedroom apartment in Melrose Park, the average rent price is $1,720 per month, which is higher than the national average of $1,610 per month.

Can I afford an apartment for rent in Melrose Park, IL?

Based on average rent prices in Melrose Park, to afford a one-bedroom apartment you would need an annual household income of $52,000 to live comfortably.

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Campuses Nearby

Triton College

Melrose Park:
September Rent Report

Welcome to the September 2026 Melrose Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2026 key findings and figures for the Melrose Park rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melrose Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melrose Park average rent prices in the chart below.

Monthly Rent Report

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1 BR       2 BR

Melrose Park Rent Prices Decrease From August to September

Melrose Park rent prices decreased over the last month. From August to September, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Melrose Park one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from August to September, Melrose Park experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Melrose Park two-bedroom apartments currently stands at $.

September Prices: Melrose Park vs. Surrounding Areas

Rent Prices in Melrose Park and Surrounding Areas

Rent prices have decreased in Melrose Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melrose Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Melrose Park suburbs

  • Rents did not decrease in any of the Melrose Park suburbs.

September 2026 Pricing Trends: Melrose Park vs. National Comparisons

Melrose Park Rent Prices More Affordable Than Major Cities

Rent growth in Melrose Park over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Melrose Park average rent prices appear to be relatively affordable for local residents.

The price for a Melrose Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Melrose Park and surrounding area rent prices, take a look at the complete data set below.

Data set for Melrose Park and suburbs

1 BR September 1 BR M/M % Change 2 BR September 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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Colleges Near Melrose Park