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Cheap Apartments for Rent in Melrose Park, IL from $600 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose Park.
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$1,3101 Bedroom Apartment Available Now
1750 Riverwoods Dr, Unit 109
1750 Riverwoods DrMelrose Park, IL 60160
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$1,3502 Bedroom Apartments Contact Us For Availability
1510 N 1st Ave
1510 N 1st AveMelrose Park, IL 60160
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7234 W North Ave
Elmwood ParkIL60707
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$1,175 - $1,475Studio to 1 Bedroom Apartments Available Now
7520 W Grand Ave
7520 W Grand AveElmwood Park, IL 60707
2132 N Harlem Ave
Elmwood ParkIL60707
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$1,3001 Bedroom Apartment Available Now
2624 N 75th Ave, Unit Elmwood Apartment
2624 N 75th AveElmwood Park, IL 60707
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$1,3501 Bedroom Apartment Available Now
3106 Calwagner St, Unit B
3106 Calwagner StFranklin Park, IL 60131
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$1,4002 Bedroom Apartments Contact Us For Availability
8624 Fullerton Ave
8624 Fullerton AveRiver Grove, IL 60171
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Studio to 1 Bedroom Apartments
Forest Park Apartments Bldg 1
303 Des Plaines AveForest Park, IL 60130
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Showing Results 1-41, 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 | $1,334 | $1,025 | $1,863 |
| Cheap Melrose Park 1 Bedroom Apartments | $1,826 | $1,225 | $2,458 |
| Cheap Melrose Park 2 Bedroom Apartments | $2,366 | $1,350 | $3,611 |
| Cheap Melrose Park 3 Bedroom Apartments | $3,460 | $1,950 | $8,776 |
| Cheap Melrose Park 4 Bedroom Apartments | $4,150 | $3,400 | $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 Studio unit found at 7520 W Grand Ave in the Dunning neighborhood priced from $1,175. 1400 Bataan Dr in the Maybrook Square neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,315. Here is today’s list of the most affordable Melrose Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 7520 W Grand Ave | Studio | Studio,1BA | $1,175 |
| 1400 Bataan Dr | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,315 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1,350 |
| RRK Ventures LLC | 1BR/1.0BA | 1BR,1BA | $1,375 |
| 2110 S 5th Ave | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,495 |
Best Value Apartments for Rent in Melrose Park, IL
As of November 01, 2025 the best value apartment in the Melrose Park area is the $2.05 price per square foot Evergreen Model at The Grove Luxury Townhomes in the in the Dunning neighborhood starting from $4,500. The second greatest value Melrose Park apartment is the 2725 N 75th Ave Model at 2725 N 75th Ave, Unit 2nd floor starting at $2,000 with a $1.43 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. |
|---|---|---|---|
| The Grove Luxury Townhomes | Evergreen | 3BR,3.5BA | $2.05 |
| 2725 N 75th Ave, Unit 2nd floor | 2725 N 75th Ave | 3BR,1.5BA | $1.43 |
| 1619 N 35th Ave, Unit 1 | 1619 N 35th Ave | 3BR,1.5BA | $1.75 |
| 1125 Bohland Ave, Unit 1 | 1125 Bohland Ave | 3BR,1BA | $1.92 |
| 7226 W Belden Ave, Unit 2 | 7226 W Belden Ave | 2BR,1BA | $1.94 |
| 2303 N 74th Ave | 2303 N 74th Ave | 2BR,1BA | $2.12 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.80 |
| 1750 Riverwoods Dr, Unit 109 | 1750 Riverwoods Dr | 1BR,1BA | $1.75 |
| 3106 Calwagner St, Unit B | 3106 Calwagner St | 1BR,1BA | $1.93 |
| RRK Ventures LLC | 1BR/1.0BA | 1BR,1BA | $2.05 |
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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!
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 $1,315 at 1400 Bataan Dr.
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 $2,598 at Premier Luxury Apartments.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.