Cheap Apartments for Rent in Melrose Park, IL from $1,300 (110 Rentals)

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Search the lowest-cost Apartments available for rent right now in Melrose Park.

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Casa Heritage
Studio to 1 Bedroom Apartments

Casa Heritage

10315 W Palmer AveMelrose Park, IL 60164
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Terrace Apartments
1 to 2 Bedroom Apartments

Terrace Apartments

1829 N Broadway AveMelrose Park, IL 60160
  • Utilities Included
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1450 N 1st Ave
1 to 2 Bedroom Apartments

1450 N 1st Ave

1450 N 1st AveMelrose Park, IL 60160
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1123 N 33rd Ave
1 Bedroom Apartments

1123 N 33rd Ave

1123 N 33rd AveMelrose Park, IL 60160
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11010 W Grand Ave
1 to 2 Bedroom Apartments

11010 W Grand Ave

11010 W Grand AveMelrose Park, IL 60164
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1530 N 1st Ave
1 Bedroom Apartments

1530 N 1st Ave

1530 N 1st AveMelrose Park, IL 60160
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1410 N 1st Ave
2 Bedroom Apartments

1410 N 1st Ave

1410 N 1st AveMelrose Park, IL 60160
  • Utilities Included
property at 1213 34th Ave
$1,300 - $1,350
1 Bedroom Rentals
Available Now

1213 34th Ave

Melrose ParkIL60160
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1510 N 1st Ave
2 Bedroom Apartments

1510 N 1st Ave

1510 N 1st AveMelrose Park, IL 60160

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1660 N 1st Avenue
1 Bedroom Apartments

1660 N 1st Avenue

1660 N 1st AveMelrose Park, IL 60160
property at 605 N Wolf Rd
$1,375

Total Monthly Price

Base Rent$1,375

Total Monthly Price$1,375
1 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

605 N Wolf Rd, Unit 605 N Wolf Rd 4F

605 N Wolf Rd
HillsideIL60162
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2807 N 74th Ct, Unit B
$1,400

Total Monthly Price

Base Rent$1,400

Total Monthly Price$1,400
1 Bedroom Apartment Available Now

2807 N 74th Ct, Unit B

2807 N 74th CtElmwood Park, IL 60707
Cost Per Sq.Ft.
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property at 1206 Orchard Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1206 Orchard Ave

MaywoodIL60153

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3034 Houston St, Unit 2B
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
2 Bedroom Apartment Available Now

3034 Houston St, Unit 2B

3034 Houston StFranklin Park, IL 60131
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The Maywood Apartments
1 to 2 Bedroom Apartments

The Maywood Apartments

1015-1017 S 4th AveMaywood, IL 60153
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1921 S 17th Ave
1 to 2 Bedroom Apartments

1921 S 17th Ave

1921 S 17th AveBroadview, IL 60155
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Chestnut Villa
Studio to 2 Bedroom Apartments

Chestnut Villa

9403-9407 Chestnut AveFranklin Park, IL 60131
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37 King Arthur Ct
1 Bedroom Apartments

37 King Arthur Ct

37 King Arthur CtNorthlake, IL 60164
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300 Des Plaines Ave
1 Bedroom Apartments

300 Des Plaines Ave

300 Des Plaines AveForest Park, IL 60130
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Elmwood Towers
Studio to 1 Bedroom Apartments

Elmwood Towers

7300 W North AveElmwood Park, IL 60707
Senior Living
  • Utilities Included

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Melrose Park, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Available Melrose Park Apartments for Rent

 

The cheapest available apartment rental in Melrose Park, IL is a Studio unit found at 1010 S 2nd in the Downtown Maywood neighborhood priced from $1,030. 411-419 Thatcher Ave. in the River Forest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Melrose Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1010 S 2ndStudio ApartmentStudio,1BA$1,030
411-419 Thatcher Ave.411 Thatcher GHStudio,1BA$1,099
817 S 19th1 Bedroom 1 Bath Apartment1BR,1BA$1,220
1800 Taft Ave, Berkeley, IL 601631 Bedroom 1 Bathroom1BR,1BA$1,250
7520 W Grand AveStudioStudio,1BA$1,300
Circle Court1 Bedroom, 1 Bath1BR,1BA$1,495
404 School2 Bedroom 1 Bath Apartment2BR,1BA$1,565

Best Value Apartments for Rent in Melrose Park, IL

As of September 10, 2026 the best value apartment in the Melrose Park area is the $1.75 price per square foot 2303 N 74th Ave Model at 2303 N 74th Ave, Unit 2 in the in the Conti Circle neighborhood starting from $2,099. The second greatest value Melrose Park apartment is the 3034 Houston St Model at 3034 Houston St, Unit 2B starting at $1,800 with a $1.80 price per square foot in the Franklin Park neighborhood. Here is today’s list of the best values for Melrose Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2303 N 74th Ave, Unit 22303 N 74th Ave2BR,1BA$1.75
3034 Houston St, Unit 2B3034 Houston St2BR,1BA$1.80
2807 N 74th Ct, Unit B2807 N 74th Ct1BR,1BA$1.65
404 S 4th2 Bedroom 1 Bath Apartment with Dining2BR,1BA$2.04
472 N Wolf Rd, Unit Unit #1472 N Wolf Rd2BR,1BA$2.13
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.99
3106 Calwagner St, Unit B3106 Calwagner St1BR,1BA$1.77
404 School2 Bedroom 1 Bath Apartment2BR,1BA$2.12
1800 Taft Ave, Berkeley, IL 601631 Bedroom 1 Bathroom1BR,1BA$1.92
817 S 19th1 Bedroom 1 Bath Apartment1BR,1BA$2.12

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Melrose Park Overview

A bustling suburb of the great city of Chicago, Melrose Park is a historic and charming metro area offering a sound economic base and plenty of natural beauty. Large enough to present much in the way of opportunity yet cozy enough to yield a small town ambiance, Melrose Park is one Illinois hub that is popular with good reason.

Why live in Melrose Park, IL?

With a steady job market thanks to health care and a range of other industries, Melrose Park apartments make a great place to hang your hat. Families will undoubtedly enjoy the close access to area schools, while the call of the greater Chicago arts and entertainment scene makes Melrose Park all the more enticing for younger professionals.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Melrose Park Apartments

What is the Cheapest Studio apartment in Melrose Park?

Currently the most affordable Cheap Studio Apartment in Melrose Park is at 1010 S 2nd listed at $1,030.

How much is rent for a Cheap One Bedroom Melrose Park Apartment?

The lowest price for a Cheap One Bedroom Melrose Park Apartment is $1,220 at 817 S 19th.

What is the lowest price for a Cheap Two Bedroom Melrose Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melrose Park is starting from $1,565 at 404 School.

What is the most affordable Melrose Park Three Bedroom Apartment?

The best deal on a cheap Melrose Park Three Bedroom Apartment rental is at Galewood Residences and starts from $3,999.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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