Melrose Park, IL rental market

What is the average rent in Melrose Park, IL?

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Last updated June 25, 2026

Rental market summary

The average rent for all bedrooms and all property types in Melrose Park, IL is $1,600.

Average rent

$1,600

Month-over-month change

+$125

Year-over-year change

$0

Available rentals

26

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,250 to $7,700.

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Rent frequencies
Rent priceNumber of rental properties
$1,2001
$1,3005
$1,4002
$1,5005
$1,6006
$1,7006
$1,8004
$1,9002
$2,0002
$2,3001
$5,000+2

Average rent price over time

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,600$1,700
Feb$1,445$1,700
Mar$1,800$2,650
Apr$1,700$1,500
May$1,595$1,355
Jun$1,595$1,475
Jul$1,525No data
Aug$1,800No data
Sep$1,655No data
Oct$1,600No data
Nov$1,600No data
Dec$1,500No data

Market temperature

The Melrose Park, IL rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Melrose Park, IL is 20% lower than the national average.

Melrose Park, ILvs.

$1,600

$2,006

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Frequently asked questions

1. What is the average rent in Melrose Park, IL?

The average rent in Melrose Park, IL is $1,600.

2. What is the average rent for a one-bedroom apartment in Melrose Park, IL?

The average rent for a one-bedroom apartment in Melrose Park, IL is $1,345 per month.

3. What is the average rent for a two-bedroom apartment in Melrose Park, IL?

The average rent for a two-bedroom apartment in Melrose Park, IL is $1,725 per month.

4. What is the average rent for a three-bedroom apartment in Melrose Park, IL?

The average rent for a three-bedroom apartment in Melrose Park, IL is $1,800 per month.

5. What is the average rent for a four-bedroom apartment in Melrose Park, IL?

The average rent for a four-bedroom apartment in Melrose Park, IL is $5,510 per month.

6. How much does it cost to rent a house in Melrose Park, IL?

Houses in Melrose Park, IL rent between $1,250 - $7,700 with an average rent of $1,600.

7. How has the rent in Melrose Park, IL changed in the last year?

In the last year, the rent in Melrose Park, IL did not change.

8. How much has the rent in Melrose Park, IL increased/decreased in the last month?

In the last month, the rent in Melrose Park, IL increased by $125

9. How many available rentals are there in Melrose Park, IL?

There are currently 26 rentals available in Melrose Park, IL.

10. How do rent prices in Melrose Park, IL compare with the national average?

The average rent in Melrose Park, IL is $1,600 — 20.24% lower the national average of $2,006.

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