Melrose Park, IL rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in Melrose Park, IL is $1,700.
$1,700
-$50
+$300
21
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $995 to $7,900.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,200 | 5 |
| $1,300 | 2 |
| $1,400 | 2 |
| $1,600 | 2 |
| $1,700 | 2 |
| $1,800 | 3 |
| $1,900 | 2 |
| $2,000 | 2 |
| $2,100 | 1 |
| $2,400 | 2 |
| $2,500 | 1 |
| $4,700 | 1 |
| $4,800 | 1 |
| $5,000+ | 2 |
Average rent price over time
In the last year, rent has increased by $300 compared to the previous year.
| 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 | No data |
| Oct | $1,400 | No data |
| Nov | $1,300 | No data |
| Dec | $1,400 | No data |
Market temperature
The Melrose Park, IL rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Melrose Park, IL is 19% lower than the national average.
$1,700
$2,100
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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 $1,700.
2. How much does it cost to rent a house in Melrose Park, IL?
Houses in Melrose Park, IL rent between $995 - $7,900 with an average rent of $1,700.
3. 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 $300
4. 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 $50
5. How many available rentals are there in Melrose Park, IL?
There are currently 21 rentals available in Melrose Park, IL.
6. How do rent prices in Melrose Park, IL compare with the national average?
The average rent in Melrose Park, IL is $1,700 — 19.05% lower the national average of $2,100.