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Melrose Park, IL Condos for Rent

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  • /9

    $1,725 Per Month

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • Condo for Rent

    1971 N 19th Ave Unit 9, Melrose Park, IL 60160

    Property Id: 2581685Se Habla Español - Welcome to your new apartment at 1971 N 19th Ave, a cozy 2-bedroom, 1-bath Unit.Rehabbed Kitchen and Bathroom, including soft-close cabinets, quartz countertops, stainless steel appliances, modern faucets, laminate and hardwood flooring. A designated parking space offers added convenience, shared washer and dryer facilities make

    1971 N 19th Ave Unit 9, Melrose Park, IL 60160
  • /9

    $2,200 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    1834 N 22nd Ave Unit 1, Melrose Park, IL 60160

    Property Id: 18425531834 NORTH 22 ND AVE, UNIT 1 MELROSE PARK, IL 601601st FLOOR $2200 RENT3 BED / 1 BATH LEASE TERM12 Month Lease, $2500 Deposit Credit check required - $65 (non-refundable) per adult application feeNo Pets allowedFEATURES Central Air Conditioning/HeatSmoke Free Refrigerator / OvenHardwood Floors INCLUDED

    1834 N 22nd Ave Unit 1, Melrose Park, IL 60160
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    $2,399

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,169 Sq Ft
    • Condo for Rent

    1718 W Lake St Unit 201, Melrose Park, IL 60160

    1718 W Lake St, Melrose Park, IL 60160Enjoy the ease of central heating and cooling, keeping you comfortable year-round, and rest easy knowing water is included in your monthly bill, adding to the overall value of this amazing property.The large parking lot ensures you'll always have a convenient spot, and the brand-new construction means everything is fresh, clean, and ready for

    1718 W Lake St Unit 201, Melrose Park, IL 60160
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    $2,000

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    703 N 11th Ave Unit 1, Melrose Park, IL 60160

    Spacious 3-Bedroom, 1.5-Bath Apartment for Rent in Melrose ParkAvailable in a quiet, family-oriented building in Melrose Park. This property is ideal for individuals or couples seeking a peaceful living environment. The building is home to several long-term residents and older adults, making it a great fit for tenants who appreciate a calm and respectful atmosphere.Apartment

    703 N 11th Ave Unit 1, Melrose Park, IL 60160
  • /26

    $2,050

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    817 N 23rd Ave Unit 5, Melrose Park, IL 60160

    3 spacious bedrooms & 1 bathroom within a total of 1,100 square feet! The large living room & dining room offer ample space for relaxation and gatherings. The property is smoke-free & pet-free. Included in Rent:1 Parking SpaceGarbageWaterSewageLease Terms:12-Month Lease$350 Security Deposit / $450 move-in Fee (non-refundable)Credit check

    817 N 23rd Ave Unit 5, Melrose Park, IL 60160
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    $1,900

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Condo for Rent

    1712 N 35th Ave Unit 2, Stone Park, IL 60165

    *Owner pays Gas and Water*3-bedroom, 1-bathroom unit is available starting July 1st for $2,100/month and features updated flooring, fresh paint, and a refreshed kitchen with ample cabinet space, along with a bright and spacious living area, generously sized bedrooms, and plenty of closet storage. Situated in a quiet residential neighborhood with easy access to shopping, dining, and major

    1712 N 35th Ave Unit 2, Stone Park, IL 60165

Frequently Asked Questions

How much does it cost to rent a condo in Melrose Park, IL?
The median rent for a condo in Melrose Park, IL is $1,450 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Melrose Park, IL?
To comfortably afford the median rent in Melrose Park, IL, a household needs to earn roughly $80,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,000 per month in Melrose Park, IL, renters typically need to show $6,000 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Melrose Park, IL?
In Melrose Park, IL, the price-to-rent ratio is 13.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Melrose Park, IL are best for renting a condo?
The best neighborhood for renting in Melrose Park, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Austin, O'Hare, West Loop, Old Town and Montclare, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
6
Median Condo Rent
$1,450
Median 1 Bedroom Condo Rent
$1,273
Median 2 Bedroom Condo Rent
$1,450
Median 3 Bedroom Condo Rent
$2,050
How to Rent a Home