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Studio Apartments for Rent in Melrose Park, IL (64 Rentals)
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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.
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Rent Specials
from $1,856Studio Apartments Available Now
Oak Park Place
479-483 N Harlem AveOak Park, IL 60301
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from $1,295Studio Apartment Available Now
7310 W North Ave, Unit 2B
7310 W North AveElmwood Park, IL 60707
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from $1,230Studio Apartments Available Now
9919 W Roosevelt Rd
9919 W Roosevelt RdWestchester, IL 60154
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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.
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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.
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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
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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 |
|---|---|---|---|
Melrose Park Studio Apartments | $2,374 | $1,175 | $4,190 |
| Melrose Park 1 Bedroom Apartments | $2,250 | $1,100 | $4,872 |
| Melrose Park 2 Bedroom Apartments | $2,647 | $1,280 | $7,401 |
| Melrose Park 3 Bedroom Apartments | $2,870 | $1,895 | $6,960 |
| Melrose Park 4 Bedroom Apartments | $4,900 | $4,800 | $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
Largest Available Melrose Park Studio Apartments
The largest available Studio apartment unit in Melrose Park, IL is found at Oak Park Place in the Downtown Oak Park neighborhood and is 531 square feet priced from $1,898. 7520 W Grand Ave in the Dunning neighborhood has the second largest Studio, which is sized at 400 square feet and currently listed start at $1,175. Here is today’s list of the largest available Studio units in Melrose Park:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Oak Park Place | S3 | 531 Sq Ft | $1,898 |
| 7520 W Grand Ave | Studio | 400 Sq Ft | $1,175 |
| 1010 S 2nd Ave | Studio Apartment | 400 Sq Ft | $995 |
Cheapest Available Melrose Park Studio Apartments
As of July 07, 2025 the lowest priced Studio apartment unit in Melrose Park, IL is the Studio Apartment Model starting from $995 at 1010 S 2nd Ave in the Downtown Maywood neighborhood. The second most affordable Melrose Park Studio is the Studio Model at 7520 W Grand Ave starting at $1,175 in the Dunning neighborhood. The average price for all Studio apartments in Melrose Park is currently $2,374. Here is today’s list of the cheapest available Studio options in Melrose Park:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| 1010 S 2nd Ave | Studio Apartment | $995 |
| 7520 W Grand Ave | Studio | $1,175 |
| Oak Park Place | S3 | $1,898 |
Quick Rent Budget Calculator
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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
See the most popular apartments and homes in Melrose Park, IL
Melrose Park, IL Apartments MapMelrose Park, IL Rental Homes MapGetting 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 Studio Melrose Park Apartments
What is the Cheapest apartment in Melrose Park with Studio?
Currently the most affordable Studio in Melrose Park is at 1010 S 2nd Ave listed at $995.
How much is the average rent for a Studio Melrose Park Apartment?
The average rent for a Studio Apartment in Melrose Park is $2,374.
What is the largest available Studio Melrose Park Apartment for rent?
Today's apartment with the most square footage in Melrose Park is a 531 square feet unit starting from $1,898 at Oak Park Place.
What is the average size for Melrose Park Studio Apartments for rent?
The average size for a Studio rental in Melrose Park is currently 595 sq ft.
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.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.