No rentals found near Melrose Park, IL

The average rent in Melrose Park, IL is $1,101.

In Melrose Park 43% of the housing is rented out compared to 57% of homes are owned, according to the most recent Census Bureau estimates. 6% of Melrose Park's apartments are found in large buildings of 50 units or more, 78% are located in smaller apartment complexes with less than 50 units, and 14% are single-family rentals.

The average age of rental buildings in Melrose Park is 50 years old, with 17% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 83% are garden-style apartment communities, 17% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Rental apartments in Melrose Park come in a range of sizes and floorplans. Studio apartments represent 14% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 78% of the total apartments in the city, while 2-bedroom floorplans represent around 8% of all rentals in Melrose Park. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.