Melrose Park, IL Condos for Rent

/13
$1,700 Per Month
- 2 Beds
- 1 Bath
- 750 Sq Ft
- Condo for Rent
1971 N 19th Ave Unit 6, Melrose Park, IL 60160

Property Id: 2446464Se 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

(708) 628-4628

1971 N 19th Ave Unit 6, Melrose Park, IL 60160
Explore Melrose Park
/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

(708) 498-7618

1834 N 22nd Ave Unit 1, Melrose Park, IL 60160
/6
$1,250 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
1360 N 1st Ave Unit C3, Melrose Park, IL 60160

Property Id: 2464159Immaculate location in Melrose Park. Close to shopping and dining. Close to 290 and 15 minutes away from O’Hare airport

(708) 316-9861

1360 N 1st Ave Unit C3, Melrose Park, IL 60160
/11
$1,200 Per Month
- 1 Bed
- 1 Bath
- 600 Sq Ft
- Condo for Rent
1938 N 17th Ave Unit 3, Melrose Park, IL 60160

Property Id: 2507503Se Habla Espanol - Very nice 1 BR with Large Closet, in a well maintained, full exterior security camera Building. The designated parking space offers added convenience, shared washer and dryer facilities make laundry day a breeze, while the no-smoking policy ensures a clean and healthy environment. Experience the perfect blend, while enjoying convenient shopping

(224) 442-9786

1938 N 17th Ave Unit 3, Melrose Park, IL 60160
/20
$2,100

Total Monthly Price
- 3 Beds
- 1 Bath
- 1,200 Sq Ft
- Condo for Rent
1712 N 35th Ave Unit 1712 35th Ave, Stone Park, IL 60165

*Owner pays Gas and Water*3-bedroom, 1-bathroom unit is available starting June 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 1712 35th Ave, Stone Park, IL 60165

Illinois Cook County Melrose Park

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 June 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 $68,000 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 $1,700 per month in Melrose Park, IL, renters typically need to show $5,100 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 16.0, 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 Belmont Terrace, Montclare, Austin, O'Hare and Cragin, each with its own character and price range.

Rental Home Trends in Melrose Park, IL

There are currently 5 condos available for rent in Melrose Park, IL. The median rent is $1,450 per month, with 1-bedroom condos renting at $1,250, 2-bedroom condos at $1,450 and 3-bedroom condos at $2,050.

Rental Home Trends

Number of Condos for Rent

Median Condo Rent

$1,450

Median 1 Bedroom Condo Rent

$1,250

Median 2 Bedroom Condo Rent

$1,450

Median 3 Bedroom Condo Rent

$2,050

How to Rent a Home

Rentals in Melrose Park

Condos for Rent by Bedrooms in Melrose Park

3 Bedroom Condos for Rent in Melrose Park

More About Living in Melrose Park

Condos for Rent in Nearby Neighborhoods

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Condos for Rent in Nearby Counties

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