701 S 5th Ave
MaywoodIL60153
Cheap Homes for Rent in Melrose Park, IL from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose Park.
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1213 34th Ave
Melrose ParkIL60160
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410 School St
MaywoodIL60153
2132 N Harlem Ave, Unit 1M
2132 N Harlem Ave
Elmwood ParkIL60707
3001 N Thatcher Ave
River GroveIL60171
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
636 S 13th Ave
MaywoodIL60153
1010 S 1st Ave
MaywoodIL60153
2300 N Harlem Ave
Elmwood ParkIL60707
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2127 S 15th Ave
BroadviewIL60155
7234 W North Ave
Elmwood ParkIL60707
44 N King Arthur Ct
NorthlakeIL60164
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.
2317 N Neva Ave
ChicagoIL60707
1205 N Harlem Ave, Unit 1
1205 N Harlem Ave
Oak ParkIL60302
2531 Thatcher Ave, Unit 3C
2531 Thatcher Ave
River GroveIL60171
2310 N Harlem Ave
Elmwood ParkIL60707
2444 N 78th Ave
Elmwood ParkIL60707
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$1,6002 Bedroom Apartments Available Jan 5, 2026
8263 O Connor Dr
8263 O Connor DrRiver Grove, IL 60171
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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!
Showing Results 1-21, 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 a home in Melrose Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Park 2 Bedroom Homes for Rent | $2,387 | $1,275 | $4,800 |
| Melrose Park 3 Bedroom Homes for Rent | $2,733 | $1,750 | $3,999 |
| Melrose Park 4 Bedroom Homes for Rent | $4,153 | $3,000 | $5,000 |
| Melrose Park 5 Bedroom Homes for Rent | $3,350 | $2,900 | $3,700 |
| Melrose Park 6 Bedroom Homes for Rent | $4,299 | $2,900 | $6,999 |
Browse Top Homes for Rent in Melrose Park
Explore Melrose Park
Melrose Park, IL Local Guide
- 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 2110 S 5th Ave Maywood, IL 60153 in the Maybrook Square neighborhood priced from $1,030. 2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153 in the Maybrook Square neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,050. Here is today’s list of the most affordable Melrose Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 2110 S 5th Ave Maywood, IL 60153 | Studio Apartment | Studio,1BA | $1,030 |
| 2115 S 4th Ave 2122 and 2125 S 4th Ave Maywood, IL 60153 | Studio Apartment | Studio,1BA | $1,050 |
| 1530 N 1st Ave | 1BD/1BA | 1BR,1BA | $1,150 |
| 7520 W Grand Ave | Studio | Studio,1BA | $1,225 |
| 1010 S 2nd Ave Maywood, IL 60153 | 1 Bedroom 1 Bath Apartment | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Melrose Park, IL
As of December 25, 2025 the best value apartment in the Melrose Park area is the $1.53 price per square foot 7131 W Altgeld St Model at 7131 W Altgeld St, Unit FL1 in the in the Dunning neighborhood starting from $2,599. The second greatest value Melrose Park apartment is the 149 S 14th Ave Model at 149 S 14th Ave, Unit 906s 10th ave maywood starting at $2,600 with a $1.58 price per square foot in the North Maywood 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. |
|---|---|---|---|
| 7131 W Altgeld St, Unit FL1 | 7131 W Altgeld St | 3BR,2BA | $1.53 |
| 149 S 14th Ave, Unit 906s 10th ave maywood | 149 S 14th Ave | 3BR,2BA | $1.58 |
| Large 2 Bedroom Apartment with Heated Garage | 2BD/2BA | 2BR,2BA | $1.78 |
| 7660 Adams St, Unit 1 | 7660 Adams St | 3BR,1BA | $1.39 |
| 8306 Grand Ave, Unit 1S | 8306 Grand Ave | 2BR,1.5BA | $1.75 |
| 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 |
| 1205 N Harlem Ave, Unit 10 | 1205 N Harlem Ave | 1BR,1BA | $1.82 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.97 |
| 3106 Calwagner St, Unit 2 | 3106 Calwagner St | 1BR,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.
Read Article
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
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleA 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
Read ArticleQuick 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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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
Frequently Asked Questions about Melrose Park
What type of rentals are currently available in Melrose Park?
There are currently 803 Apartments for Rent in Melrose Park, IL with pricing that ranges from $950 to $11,480. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Park ranging from $995 to $6,999.
What is the current price range for Rental Homes in Melrose Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose Park ranges from $995 to $6,999 with an average monthly rent of $2,766.
How much are larger Three and Four Bedroom Rentals in Melrose Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose Park range from $1,800 to $11,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,999. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $4,800.
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.
Helpful Local Expert Guides
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.
Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
Written by: Nicole Harms
With world-class museums lining its streets, Chicago is a place people go to learn. It’s not surprising, therefore, that it’s also home to multiple colleges and universities with national and global reputations.
Best Neighborhoods to Rent in Near Chicago's Top Employers
Written by: Nicole Harms
Whenever life takes me into the city, I’m always impressed with the sheer amount of industry and commerce that it holds. With all of that commerce comes a wide range of employment options.
Explore the Windy City (But Watch for Falling Ice) - An Insider's Guide to Renting in Chicago
Written by: Nicole Harms
From Lake Shore Drive to the O’Hare Airport, the city of Chicago is a study in diversity, resilience, and culture.
Articles, How-To's, and Tips
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!