close
View Me
Cheap Apartments for Rent in Melrose Park, IL from $600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose Park.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
close
View Me
7234 W North Ave
Elmwood ParkIL60707
close
View Me
$1,1001 Bedroom Apartment Available Aug 1
1725 Madison St, Unit 2nd floor
1725 Madison StMaywood, IL 60153
8827 W Grand Ave
River GroveIL60171
close
View Me
156 Des Plaines Ave
Forest ParkIL60130
close
View Me
$1,175 - $1,475Studio to 1 Bedroom Apartments Available Now
7520 W Grand Ave
7520 W Grand AveElmwood Park, IL 60707
154 Des Plaines Ave
Forest ParkIL60130
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
close
View Me
close
View Me
$1,3001 Bedroom Apartment Available Aug 1
3109 Calwagner St, Unit 1W
3109 Calwagner StFranklin Park, IL 60131
close
View Me
$1,3001 Bedroom Apartment Available Sep 1
3106 Calwagner St, Unit B
3106 Calwagner StFranklin Park, IL 60131
7705 W Fullerton Ave
Elmwood ParkIL60707
close
View Me
411 Beloit Ave
Forest ParkIL60130
close
View Me
close
View Me
close
View Me
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Studio to 1 Bedroom Apartments
Forest Park Apartments Bldg 1
303 Des Plaines AveForest Park, IL 60130
close
View Me
close
View Me
close
View Me
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-47, Page 1 of 1
Melrose Park, IL Local Guide
Downtown Melrose Park by Dennisyerger84 is licensed under CC BY 4.0
How much does it cost to rent an apartment in Melrose Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Melrose Park Studio Apartments | $2,212 | $1,025 | $4,218 |
| Cheap Melrose Park 1 Bedroom Apartments | $2,257 | $1,100 | $4,785 |
| Cheap Melrose Park 2 Bedroom Apartments | $2,615 | $1,350 | $6,731 |
| Cheap Melrose Park 3 Bedroom Apartments | $2,801 | $1,695 | $7,140 |
| Cheap Melrose Park 4 Bedroom Apartments | $3,666 | $2,600 | $5,000 |
Browse Top Apartments in Melrose Park
See all Apartments in Melrose ParkExplore Melrose Park
Melrose Park, IL Local Guide
Written By:
Justin HabersaatEditing Staff
- Melrose Park Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Melrose Park Apartments for Rent
The cheapest available apartment rental in Melrose Park, IL is a 1 Bed unit found at 2115 S 4th Ave in the Maybrook Square neighborhood priced from $1,145. 817 S 19th Ave in the Seminary District neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,160. Here is today’s list of the most affordable Melrose Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2115 S 4th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,145 |
| 817 S 19th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,160 |
| 7520 W Grand Ave | Studio | Studio,1BA | $1,175 |
| 1010 S 2nd Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,205 |
| 37 Rockford Ave. | 37 Rockford 1 Bedroom | 1BR,1BA | $1,325 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1,350 |
| 1510 N 1st Ave | 2BD/1BA | 2BR,1BA | $1,350 |
| 411-419 Thatcher Ave. | 419 Thatcher A | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Melrose Park, IL
As of July 31, 2025 the best value apartment in the Melrose Park area is the $1.85 price per square foot 2 Bed - Penthouse Model at Premier Luxury Apartments in the in the Irving Woods neighborhood starting from $2,598. The second greatest value Melrose Park apartment is the 2725 N 75th Ave Model at 2725 N 75th Ave, Unit 2nd floor starting at $2,200 with a $1.57 price per square foot in the Dunning neighborhood. Here is today’s list of the best values for Melrose Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Premier Luxury Apartments | 2 Bed - Penthouse | 2BR,2BA | $1.85 |
| 2725 N 75th Ave, Unit 2nd floor | 2725 N 75th Ave | 3BR,1.5BA | $1.57 |
| 2602 N 74th Ct, Unit 2602 n 74th court | 2602 N 74th Ct | 3BR,2BA | $1.71 |
| 1125 Bohland Ave, Unit 1 | 1125 Bohland Ave | 3BR,1BA | $1.92 |
| 2000 N 17th Ave, Unit 1 | 2000 N 17th Ave | 3BR,1BA | $1.67 |
| 2036 N 72nd Ct, Unit 1 | 2036 N 72nd Ct | 2BR,1BA | $1.55 |
| 1528 N Harlem Ave, Unit 3E | 1528 N Harlem Ave | 2BR,1BA | $1.94 |
| 515 25th Ave, Unit Garden Unit | 515 25th Ave | 2BR,1BA | $1.94 |
| 1510 N 1st Ave | 2BD/1BA | 2BR,1BA | $1.59 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Melrose Park area?
If you’re an expert on all things Melrose Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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!
Explore Melrose Park, IL Rentals by Map
See the most popular apartments and homes in Melrose Park, IL
Getting Around Melrose Park, IL
Walk Score®
64 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 7520 W Grand Ave listed at $1,175.
How much is rent for a Cheap One Bedroom Melrose Park Apartment?
The lowest price for a Cheap One Bedroom Melrose Park Apartment is $1,145 at 2115 S 4th Ave.
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 $1,350 at 1510 N 1st Ave.
What is the most affordable Melrose Park Three Bedroom Apartment?
The best deal on a cheap Melrose Park Three Bedroom Apartment rental is at The Grove Residences and starts from $3,450.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago
Written by: Nicole Harms
I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.