Melrose Park, IL rental market

What is the average rent in Melrose Park, IL?

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Last updated October 30, 2025

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

-$100

Year-over-year change

+$350

Available rentals

18

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,100 to $7,900.

Rent frequencies
Rent priceNumber of rental properties
$1,2004
$1,3002
$1,4003
$1,5001
$1,6001
$1,7003
$1,8003
$1,9001
$2,0002
$2,1001
$2,3001
$2,9001
$3,0001
$4,9001
$5,000+1

Average rent price over time

In the last year, rent has increased by $350 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,095$1,600
Feb$1,150$1,445
Mar$1,300$1,800
Apr$1,750$1,700
May$1,395$1,595
Jun$1,975$1,595
Jul$1,325$1,525
Aug$1,390$1,800
Sep$1,400$1,655
Oct$1,400$1,600
Nov$1,300No data
Dec$1,400No 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

$2,000

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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 studio apartment in Melrose Park, IL?

The average rent for a studio apartment in Melrose Park, IL is $1,150 per month.

3. 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 $1,250 per month.

4. 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 $1,450 per month.

5. 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 $2,100 per month.

6. 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 $3,694 per month.

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

Houses in Melrose Park, IL rent between $1,100 - $7,900 with an average rent of $1,600.

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

In the last year, the rent in Melrose Park, IL increased by $350

9. 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 decreased by $100

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

There are currently 18 rentals available in Melrose Park, IL.

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

The average rent in Melrose Park, IL is $1,600 — 20% lower the national average of $2,000.