Cheap Apartments for Rent in Melrose Park, IL from $600 (66 Rentals)

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

property at 1213 34th Ave

$1,400

1 Bedroom Rentals

Available Now

1213 34th Ave

Melrose ParkIL60160
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Casa Heritage
Studio to 1 Bedroom Apartments

Casa Heritage

10315 W Palmer AveMelrose Park, IL 60164
  • Utilities Included
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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
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1510 N 1st Ave
2 Bedroom Apartments

1510 N 1st Ave

1510 N 1st AveMelrose Park, IL 60160
property at 725 Woodbine Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

725 Woodbine Ave

Oak ParkIL60302

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Rent According to Income: A Look at Income-Restricted Rentals

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property at 7234 W North Ave

$1,380

Total Monthly Price

Total Monthly Price

Base Rent
$1,380
Total Monthly Price
$1,380

1 Bedroom, 1 Bath Condo for Rent

Available Now

7234 W North Ave, Unit 7234

7234 W North Ave
Elmwood ParkIL60707
property at 2435 N 78th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

2 Bedroom, 1 Bath Condo for Rent

Available Now

2435 N 78th Ave, Unit GN

2435 N 78th Ave
Elmwood ParkIL60707
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The Maywood Apartments
1 to 2 Bedroom Apartments

The Maywood Apartments

1015-1017 S 4th AveMaywood, IL 60153
  • Utilities Included

Chicago Relocation 101: Mastering Utilities, Registration, and the CTA

Moving to Chicago? This essential relocation guide offers a complete checklist for new residents, covering finding the right neighborhood, setting up utilities (ComEd, People’s Gas), and mastering high-rise moving logistics and vehicle registration.

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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
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2036 S 13th Ave
1 to 3 Bedroom Apartments

2036 S 13th Ave

2036 S 13th AveBroadview, IL 60155
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1534 Bonnie Brae
1 Bedroom Apartments

1534 Bonnie Brae

1534 Bonnie BraeRiver Forest, IL 60305
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1937 S 17th Ave
Studio to 1 Bedroom Apartments

1937 S 17th Ave

1937 S 17th AveBroadview, IL 60155
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Broadview Apartments
1 Bedroom Apartments

Broadview Apartments

2112 S 17th AveBroadview, IL 60155
  • Utilities Included

Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago

Learn about the best things about living in Chicago from a local in the Insiders Guide to Renting in Chicago. Find your perfect Chicago apartment today!

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812 S 19th Ave
1 Bedroom Apartments

812 S 19th Ave

812 S 19th AveMaywood, IL 60153
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8111 W Grand Ave
2 to 3 Bedroom Apartments

8111 W Grand Ave

8111 W Grand AveRiver Grove, IL 60171
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102 Rockford Ave
Studio to 1 Bedroom Apartments

102 Rockford Ave

102 Rockford AveForest Park, IL 60130
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8107 W Grand Ave
2 to 3 Bedroom Apartments

8107 W Grand Ave

8107 W Grand AveRiver Grove, IL 60171
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3611 Adams Street
1 to 2 Bedroom Apartments

3611 Adams Street

3611 Adams StBellwood, IL 60104
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Royal Arms Apartments
Studio to 1 Bedroom Apartments

Royal Arms Apartments

3001 N Thatcher AveRiver Grove, IL 60171
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2115 S 4th
Studio to 2 Bedroom Apartments

2115 S 4th

2115-2126 S 4th AveMaywood, IL 60153
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 1 Bed unit found at 8519 West Grand Avenue in the River Grove neighborhood priced from $1,250. 7520 W Grand Ave in the Dunning neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,300. Here is today’s list of the most affordable Melrose Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
8519 West Grand Avenue1BR/1.0BA1BR,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
516 Des Plaines Ave.1 Bedroom1BR,1BA$1,629
404 S 4th2 Bedroom 1 Bath Apartment with Dining2BR,1BA$1,630

Best Value Apartments for Rent in Melrose Park, IL

As of July 26, 2026 the best value apartment in the Melrose Park area is the $1.40 price per square foot 511 Lake St Model at 511 Lake St, Unit 511-3 Lake Street in the in the North Maywood neighborhood starting from $2,100. The second greatest value Melrose Park apartment is the 2702 N 74th Ave Model at 2702 N 74th Ave, Unit 2702 N 74th Unit 2 starting at $2,650 with a $1.89 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 ListingModel NameBed/BathPrice Per Sq.Ft.
511 Lake St, Unit 511-3 Lake Street511 Lake St4BR,1BA$1.40
2702 N 74th Ave, Unit 2702 N 74th Unit 22702 N 74th Ave3BR,1.5BA$1.89
2918 N 75th Ct, Unit Elmwood park unit2918 N 75th Ct3BR,1BA$1.62
Premier Luxury Apartments2 Bed2BR,2BA$1.97
1712 N 35th Ave, Unit 21712 N 35th Ave3BR,1BA$1.58
8306 Grand Ave, Unit 1N8306 Grand Ave2BR,1.5BA$1.75
817 N 23rd Ave, Unit Apt 5817 N 23rd Ave3BR,1BA$1.86
Circle Court1 Bedroom, 1 Bath1BR,1BA$1.99
7700 W Altgeld St, Unit 37700 W Altgeld St1BR,1BA$1.37
3106 Calwagner St, Unit 23106 Calwagner St1BR,1BA$1.87

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Best Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters

A Local Expert's Guide to The 10 Best Chicago Neighborhoods near Major Local Employers. Find your perfect Chicago, IL apartment, condo, or rental home today at ApartmentHomeLiving.com

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A Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago

A Local Expert's guide to the Best Student Friendly Neighborhoods Near Colleges in the Chicago, IL metro area for affordable living. Find your perfect Chicago Student apartment, condo, or rental home today at ApartmentHomeliving.com

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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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

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See the most popular apartments and homes in Melrose Park, IL

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Melrose Park, IL Apartments Map
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Melrose Park, IL Rental Homes Map

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 $1,300.

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

The lowest price for a Cheap One Bedroom Melrose Park Apartment is $1,250 at 8519 West Grand Avenue.

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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