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Apartments in Melrose Park

1 - 3 of 3 Results
25
$1,700
1618 43rd Ave
Stone Park, IL
2 BR | Available Now
Contact
5
$875
33rd Ave Apartments
1123 N 33rd Ave Melrose Park, IL
Studio | Available Now
Contact
Cat Friendly
Surface Parking
Storage
Disability Access
Call for Pricing
2241 N Mannheim Rd
Melrose Park, IL
Studio | Available Now
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1 - 3 of 3 Results

Apartments near Melrose Park, IL

30 Results
15
$1,895 - 2,100
712 S. Aberdeen St
712 S Aberdeen St Chicago, IL
2 BR | Jul. 3, 2024
Contact
Surface Parking
Balcony/Deck/Patio
Dishwasher
Little Italy, UIC
22
3D Tour
$1,300 - 1,790
Reside on Clarendon
4157 N Clarendon Ave Chicago, IL
Studio - 1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
14
3D Tour
$1,870 - 7,115
Reside on North Park
1700 N North Park Ave Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Covered Parking
30
3D Tour
$1,945 - 12,397
Reside on Green Street
504 N Green St Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
53
$1,675 - 2,955
777 South State
Deal
2.7
2 East 8th St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
71
3D Tour
$2,075 - 2,105
The Van der Rohe
4.5
2933 N. Sheridan Rd. Chicago, IL
1 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
39
3D Tour
$1,168 - 1,745
Elmhurst Terrace
Deal
5.0
100 Fellows Ct Elmhurst, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Covered Parking
24
$1,499 - 3,953
City View at the Highlands
2720 S. Highland Ave Lombard, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
20
3D Tour
$3,900
1012 W Randolph Apartments
1012 W Randolph St Chicago, IL
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
In Unit Laundry
71
3D Tour
$1,765 - 4,425
Axis Apartments and Lofts
2.0
441 E. Erie St. Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
44
3D Tour
$2,280 - 8,536
State & Chestnut
845 N State St Chicago, IL
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
27
3D Tour
$1,995 - 4,650
Aspire Residences
2111 S Wabash Ave Chicago, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
109
$2,120 - 5,690
Lofts At River East
3.4
401-465 E. Illinois Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
25
3D Tour
$2,236 - 21,103
Sentral Michigan Avenue
808 S Michigan Ave Chicago, IL
Studio - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Virtual Tour
In Unit Laundry
29
$2,150 - 3,660
Willow Glen
Deal
8900 Archer Ave Willow Springs, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
24
$1,020 - 2,495
Lake Meadows
400 E 33Rd St Chicago, IL
Studio - 3 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
Disability Access
16
$995
3524 Marshfield
3524 N Marshfield Ave Chicago, IL
Studio | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Lakeview
15
$1,595
2957-9 N. Milwaukee/3001 N. Central Park
3001 N Central Park Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Avondale
25
$1,595
2450-58 W. Wilson/4601-11 N. Campbell
2450-58 W. Wilson Chicago, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Lincoln Square
18
3D Tour
$2,510 - 10,479
Reside on Jackson
1245 W Jackson Blvd Chicago, IL
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
12
$1,280 - 1,290
5100-04 W Madison St
5100 W Madison St Chicago, IL
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Austin
16
3D Tour
$1,715 - 12,755
The Lofts at Gin Alley
120 N Green St Chicago, IL
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
23
$1,595
5054-5064 N Wolcott Ave
5054 N Wolcott Ave Chicago, IL
1 BR | Sep. 1, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Dishwasher
Lincoln Square
32
$1,853
Chicago - Downers Grove
3150 Finley Rd Downers Grove, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
14
$2,850
2501-05 Lincoln
2501 N Lincoln Ave Chicago, IL
3 BR | Jul. 5, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
Surface Parking
38
$1,540 - 2,897
Residences at Lakeside
Deal
2.2
830 Foxworth Blvd Lombard, IL
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
In Unit Laundry
18
$1,795 - 2,095
1022 W. Dakin
Chicago, IL
1 - 2 BR | Ask for Availability
Contact
Cat Friendly
Virtual Tour
Air Conditioning
Balcony/Deck/Patio
Storage
33
$2,094
Chicago - Burr Ridge
15W122 S. Frontage Rd. Burr Ridge, IL
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
27
$1,795 - 1,895
541 W Oakdale
541 W Oakdale Ave Chicago, IL
Studio | Jul. 1, 2024
Contact
Cat Friendly
Dishwasher
Lakeview
8
$1,365
4700 N. Central Ave/5600-06 W. Leland Ave
4700 N Central Ave Chicago, IL
1 BR | Jul. 5, 2024
Contact
Dog Friendly
Cat Friendly
Surface Parking
Balcony/Deck/Patio
Dishwasher
  1. Home
  2. Chicago Area Apartments
  3. Melrose Park

How much does it cost to rent an apartment in Melrose Park?

Melrose Park Apartments
Bed Type Average Rent Range
Studio $880 $880 - $880
2BR $1,700 $1,700 - $1,700
Frequently Asked Questions

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

Rentable.co has over 182 apartments available in Melrose Park.

What is the average rent for a studio apartment in Melrose Park, IL?

The average rent for a studio apartment in Melrose Park is around $880 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 $1,700 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 $1,700 per month, which is similar to the national average of $1,620 per month.

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

Based on average rent prices in Melrose Park, to afford a studio apartment you would need an annual household income of $35,000 to live comfortably.

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Campuses Nearby

Triton College

Melrose Park:
May Rent Report

Welcome to the May 2024 Melrose Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,700
$1,280
$850
$430
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Melrose Park Rent Prices Decrease From April to May

Melrose Park rent prices decreased over the last month. From April to May, the city experienced a -0.65% decrease for the price of a one-bedroom apartment. The rent price for a Melrose Park one-bedroom apartments currently stands at $1,065.0.

When we take a look at the two-bedroom comparison from April to May, Melrose Park experienced a -6.46% decrease for the price of a two-bedroom apartment. The rent price for a Melrose Park two-bedroom apartments currently stands at $1,506.0.

May 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.

May 2024 Pricing Trends: Melrose Park vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 May 1 BR M/M % Change 2 BR May 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.

Browse Melrose Park Apartments
Colleges Near Melrose Park