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Melrose Park, IL Homes for Rent

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  • /9

    $2,200 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

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

    Property Id: 1842553 1834 NORTH 22 ND AVE, UNIT 1 MELROSE PARK, IL 60160 1st FLOOR $2200 RENT 3 BED / 1 BATH LEASE TERM 12 Month Lease, $2500 Deposit Credit check required - $65 (non-refundable) per adult application fee No Pets allowed FEATURES Central Air Conditioning/Heat Smoke Free Refrigerator / Oven Hardwood Floors

    1834 N 22nd Ave Unit 1, Melrose Park, IL 60160
  • /9

    $1,725 Per Month

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

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

    Property Id: 2581685 Se 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, on-site shared washer & dryer facilities make

    1971 N 19th Ave Unit 9, Melrose Park, IL 60160
  • /20

    $3,195 Per Month

    • 5 Beds
    • 2 Baths
    • 1,795 Sq Ft
    • House for Rent

    1816 N 38th Ave, Stone Park, IL 60165

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $3339.90. That covers your base rent, $3195.00 + our required services designed to make your life easier: Air Filter Delivery Fee ($9.95), Internet

    1816 N 38th Ave, Stone Park, IL 60165
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    $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
  • /18

    $3,000 Per Month

    • 5 Beds
    • 1.5 Baths
    • 1,600 Sq Ft
    • Apartment for Rent

    714 N Broadway Ave Unit REAR, Melrose Park, IL 60160

    This spacious home offers great value with 5 bedrooms and 1.5 fully renovated baths-just move in and enjoy! It's a short walk to the train and school. The second floor features a cozy nook, perfect for reading or a homework spot for the kids. Washer and dryer are located in the basement. Enjoy all the privacy of a single-family home. Tenant is responsible for all utilities, including water. An

    Joe Cibula Compass

    714 N Broadway Ave Unit REAR, Melrose Park, IL 60160
  • /9

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 651 Sq Ft
    • Apartment for Rent

    1730 N 1st Ave Unit 1D, Melrose Park, IL 60160

    Prepate yourself to fall in love with this unique apartment for rent at Melrose Park Area! This beautiful and sunny apartment has 2 bedrooms, living room, and the kitchen opens to combo with dining room. This property is situated right on Melrose Park and neighboring River Grove, and Elmwood Park. Just a few blocks north of North Avenue (IL-64). Easy access to transportation, near to schools and

    Fabian Morales Chicago Homes Real Estate Corp

    1730 N 1st Ave Unit 1D, Melrose Park, IL 60160
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    $2,575 Per Month

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

    1218 N 18th Ave, Melrose Park, IL 60160

    Excellent house of 3 bedrooms, hardwood floors, with a big basement with half bathroom and washer and dryer, 2 car garage and a big yard. house in a quiet neighborhood. Every one over the age of 18 resending in the home must Apply. credit from 630+, no evictions, one month security deposit and no returnable $300 Move in fee.

    Salome Garcia Internet Real Estate, LTD.

    1218 N 18th Ave, Melrose Park, IL 60160

Why Live in Melrose Park

Melrose Park, Illinois, located 14 miles west of downtown Chicago, offers a blend of suburban charm and historical significance. The community is known for its midcentury aesthetics and architectural styles influenced by Frank Lloyd Wright, featuring ranch homes, midcentury bungalows, split-levels, and Craftsman-inspired designs. Residents enjoy a suburban atmosphere with mature shade trees, driveways, and garages, alongside urban residential elements like ornamental lawns and closely stacked homes. Melrose Park boasts several green spaces, including Bataan Park, which was renovated in 2022 with new playground equipment, tennis courts, ball fields, and a picnic pavilion. Thatcher Woods and Oak Park Country Club provide additional outdoor activities, with walking trails and an 18-hole golf course. The Trailside Museum of Natural History offers educational opportunities. Shopping and dining options are plentiful, with local eateries and big box stores like Jewel-Osco, Target, and Best Buy at Winston Plaza. The community hosts annual events such as the Taste of Melrose Park food festival and Hispano Fest. Public transportation is accessible, with buses running along major routes and a Metra station near Lake Street. Melrose Park is safer than the national average, making it a practical choice for homebuyers seeking a well-rounded suburban lifestyle with various things to do.

Frequently Asked Questions

How much does it cost to rent a home in Melrose Park, IL?
The median rent for a home in Melrose Park, IL is $2,050 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 $82,000 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 $2,050 per month in Melrose Park, IL, renters typically need to show $6,150 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 13.4, 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 home?
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 home include Belmont Heights, West Loop, Galewood and Montclare, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$2,050
Median Single Family Home Rent
$1,988
Median Townhouse Rent
$1,300
Median Condo Rent
$1,450
How to Rent a Home