Melrose Park, IL Rental Market Trends

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Average rent in Melrose Park, IL

Last updated: October 19, 2025

Melrose Park, IL rent trends

Rental prices in Melrose Park, IL have increased by 10.96% over the past year. The average rent moved from $1,074 to $1,192.

Do most people rent or own in Melrose Park, IL?

Access comprehensive real estate data and information on Yardi Matrix

How Melrose Park Compares to Other Cities

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Melrose Park apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.