Find Rentals in Melrose Park

Explore Listings

Browse Apartments

Property Managers

List Your Rentals

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

Filters Save Search Homes For You

Apartments for Rent in Melrose Park, IL

1-7 of 7 rentals

Apartment for rent at 1500-04 N 22nd Ave, Melrose Park, IL 60160

1 / 5

Updated - 2 days ago

Managed by Avenue1 Management

$1,395

Apartment1 Bed1 Bath650 ft²

1500-04 N 22nd Ave

Melrose Park, IL 60160

Welcome to 1500-04 North 22nd Avenue, presented by Avenue1 Management Corp. We have several units available for lease. For more information and to schedule a showing, please contact us.

1 / 9

Updated - today

Managed by Avenue1 Management

$1,295

Apartment1 Bed1 Bath675 ft²

1970 N 18th Ave

Melrose Park, IL 60160

Welcome to 1970 North 18th Avenue, presented by Avenue1 Management Corp. We have several units available for lease. For more information and to schedule a showing, please contact us. Pet Friendly.

1 / 10

Managed by Avenue1 Management

$1,345

Apartment1 Bed1 Bath

1650 N 1st Ave

Melrose Park, IL 60160

Welcome to 1650 N 1st Avenue, presented by Avenue1 Management Corp. We have several units available for lease. For more information and to schedule a showing, please contact us. Parking, Stove and oven, Storage Space, Pet Friendly, Window Coverings & Nearby Public Transit. Pet Friendly.

1 / 10

Updated - 2 days ago

Managed by 606 Realty Management

$1,450

Apartment1 Bed1 Bath

1213 N 34th Ave

Melrose Park, IL 60160

This well-maintained apartment offers comfortable living in a convenient Melrose Park location. The unit features a functional layout, good natural light and easy access to nearby shopping, dining, public transportation and major roadways. Heat is included in the rent and the apartment also comes with one exterior parking spot, adding extra convenience and value. Property highlights include: Heat included. Exterior parking spot included. Comfortable layout. Convenient Melrose Park location. Close to shopping, restaurants and transportation. Schedule your showing today. Heat Included, Refrigerator, Stove/range & Water. Cats Allowed.

1 / 10

Updated - today

Managed by Avenue1 Management

$1,355

Apartment1-2 Beds1 Bath700-800 ft²

2069 N 18th Ave

Melrose Park, IL 60160

Welcome to 2069 North 18th Avenue, presented by Avenue1 Management Corp. We have several units available for lease. For more information and to schedule a showing, please contact us.

1 / 6

Managed by Ben Durmishi

$1,250

Apartment1 Bed1 Bath

1360-70 N 1st Ave #C3

Melrose Park, IL 60160

Immaculate location in Melrose Park. Close to shopping and dining. Close to 290 and 15 minutes away from O'Hare airport. Pet Friendly, Gas, Sewage, Water, Garbage, Hardwood, Tile, Baseboard, Heat Pump, Range Oven, Refrigerator, Freezer & on Site Laundry. Deposit: $1,250.

1 / 10

New - 2 days ago

Managed by Black Forest Properties

$1,150

Apartment1 Bed1 Bath

1640 N 1st Ave

Melrose Park, IL 60160

Welcome to 1640 N 1st Ave, presented by Black Forest Properties. We have several units available for lease. For more information and to schedule a showing, please contact us. Range, Refridgerator, Parking, Water & Scavenager.

Viewing 1-7 of 7 rentals in Melrose Park

What to Know About

Life in Melrose Park & Beyond

Melrose Park shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Melrose Park, IL

As of June 2026, Melrose Park's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Melrose Park's average rent is 19.2% ($325) lower than the Illinois average of $1,694 and 23.8% ($428) lower than the U.S. average of $1,797.

Average Rent

$1,369

Monthly ChangeMonth Over Month Change

2.9% ($38)

Yearly ChangeYear Over Year Change

10% ($124)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,334	2.1% ($28)	10.2% ($124)
2 Beds	$1,612	10.1% ($148)	4.6% ($71)
3 Beds	$1,920	17% ($279)	7% ($125)

Nearby Cities	Average Rent	Avg. Rent vs. Melrose ParkAverage Rent vs. Melrose Park	Avg. Days on MarketAverage Days on Market
Bellwood	$1,476	7.8% ($107)	25 days
River Grove	$1,529	11.7% ($160)	30 days
Maywood	$1,445	5.6% ($76)	26 days
Hillside	$1,514	10.6% ($145)	25 days
Elmwood Park	$2,770	102.3% ($1401)	28 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Melrose Park Rental Market FAQs

Explore rental prices, market trends, and availability in Melrose Park, IL.

What is the average rent in Melrose Park, IL?

The average rent in Melrose Park, IL is $1,369 per month.

What is the rental price range for apartments in Melrose Park, IL?

Apartments in Melrose Park typically rent for between $934 and $2,496 per month, with an average of $1,369 per month.

What is the average rent for different bedroom sizes in Melrose Park, IL?

In Melrose Park, the average rent for a 1-bedroom apartment is $1,334 per month, for a 2-bedroom apartment, $1,612 per month, and a 3-bedroom apartment is $1,920 per month.

How do rent prices in Melrose Park, IL compare with the national average?

The average rent in Melrose Park is 23.8% ($428) lower than the national average of $1,797 per month.

How have rent prices in Melrose Park, IL changed recently?

The average rent in Melrose Park has increased by 2.9% ($38) in the last month and increased by 10.0% ($124) over the past year.

How competitive is the rental market in Melrose Park, IL?

The rental market in Melrose Park, IL, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.

How long do rentals stay on the market in Melrose Park, IL?

In Melrose Park, IL, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Melrose Park, IL?

There are currently 8 rental properties available in Melrose Park, IL.

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

Based on the current averages, a household would need an annual income of $64,480 to comfortably afford a 2-bedroom apartment in Melrose Park.