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$9501 Bedroom Apartments Available Sep 1
1314 N 21st Ave, Unit Shared second floor
1314 N 21st AveMelrose Park, IL 60160
Cheap Homes for Rent in Melrose Park, IL from $900 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose Park.
7542 Adams St
Forest ParkIL60130
636 S 13th Ave
MaywoodIL60153
3001 N Thatcher Ave, Unit 3M
3001 N Thatcher Ave
River GroveIL60171
3001 N Thatcher Ave, Unit 4G
3001 N Thatcher Ave
River GroveIL60171
7234 W North Ave, Unit 7234
7234 W North Ave
Elmwood ParkIL60707
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Chicago may cost more than the national average, but with the right neighborhood, a smart transit strategy, and a few local insider tips, living well in the Windy City is more achievable than you might think. Our local expert breaks down everything from rent and groceries to transportation and healthcare so you can plan your move with confidence.
29 N Hillside Ave
HillsideIL60162
410 School St
MaywoodIL60153
605 N Wolf Rd, Unit 605 N Wolf Rd 4F
605 N Wolf Rd
HillsideIL60162
2325 N Neva Ave
ChicagoIL60707
3029 Bright St
Franklin ParkIL60131
1301 N Harlem Ave
Oak ParkIL60302
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
2402 N 76th Ct
Elmwood ParkIL60707
2317 N Neva Ave
ChicagoIL60707
7912 W Belmont Ave
ChicagoIL60634
2300 N Harlem Ave, Unit 606
2300 N Harlem Ave
Elmwood ParkIL60707
2300 N Harlem Ave
ChicagoIL60707
7709 W Marwood Ave, Unit 3N
7709 W Marwood Ave
Elmwood ParkIL60707
Best Places to Live Near Chicago: 5 Cities That Keep the Windy City Accessible
Looking for a rental near Chicago? These five cities offer excellent options! From small-town charm to excellent business options, you can't go wrong!
Showing Results 1-18, Page 1 of 1
Melrose Park, IL Local Guide
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 | $2,023 | $1,275 | $3,250 |
| Melrose Park 3 Bedroom Homes for Rent | $2,900 | $1,995 | $4,500 |
| Melrose Park 4 Bedroom Homes for Rent | $3,300 | $3,300 | $3,300 |
| Melrose Park 5 Bedroom Homes for Rent | $3,210 | $3,195 | $3,225 |
| Melrose Park 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Melrose Park, IL Local Guide
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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 $1,300. Circle Court in the Downtown Oak Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,495. 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 | $1,300 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1,495 |
| 404 School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $1,565 |
| Bellwood Gateway | 1 Bedroom 1 Bath | 1BR,1BA | $1,685 |
| Oak Park Place | S3 | Studio,1BA | $2,061 |
Best Value Apartments for Rent in Melrose Park, IL
As of August 20, 2026 the best value apartment in the Melrose Park area is the $1.27 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 $1,900. The second greatest value Melrose Park apartment is the 2303 N 74th Ave Model at 2303 N 74th Ave, Unit 2 starting at $2,299 with a $1.92 price per square foot in the Conti Circle 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. |
|---|---|---|---|
| 511 Lake St, Unit 511-3 Lake Street | 511 Lake St | 4BR,1BA | $1.27 |
| 2303 N 74th Ave, Unit 2 | 2303 N 74th Ave | 2BR,1BA | $1.92 |
| 2136 N 74th Ct, Unit Garden | 2136 N 74th Ct | 1BR,1BA | $1.58 |
| Premier Luxury Apartments | 1 Bed - Plus | 1BR,1BA | $2.33 |
| 2807 N 74th Ct, Unit B | 2807 N 74th Ct | 1BR,1BA | $1.76 |
| 3106 Calwagner St, Unit 2 | 3106 Calwagner St | 1BR,1BA | $1.87 |
| Circle Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.99 |
| 404 School | 2 Bedroom 1 Bath Apartment | 2BR,1BA | $2.12 |
| Bellwood Gateway | 1 Bedroom 1 Bath | 1BR,1BA | $2.38 |
| 3002 Prairie St, Unit na | 3002 Prairie St | 1BR,1BA | $2.10 |
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
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 ArticleReal 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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Frequently Asked Questions about Melrose Park
What type of rentals are currently available in Melrose Park?
There are currently 812 Apartments for Rent in Melrose Park, IL with pricing that ranges from $950 to $10,384. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Park ranging from $995 to $4,500.
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 $4,500 with an average monthly rent of $2,263.
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 $1,995 to $10,384, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,995 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $1,900.
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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