Melrose Park, IL Rental Market Trends
What is the average rent in Melrose Park?
The average rent for an apartment in Melrose Park is $1,063. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Melrose Park, IL
Last updated March 2023
| Average Rent | Average Apartment Size |
|---|---|
| $1,063 | 661 sq. ft. |
What is the average apartment size in Melrose Park?
The average size for a Melrose Park, IL apartment is 661 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Melrose Park, IL apartment rent ranges
Melrose Park, IL Occupied Housing Units
3,690 or 46% of the households in Melrose Park, IL are renter-occupied while 4,259 or 54% are owner-occupied.
Melrose Park, IL rent trends
How Melrose Park Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,224 |
| Oak Park | $2,016 |
| Evanston | $2,117 |
| Naperville | $1,837 |
| Aurora | $1,636 |
| Dekalb | $971 |
| Skokie | $1,758 |
| Champaign | $1,339 |
| Kenosha | $1,229 |
| Elgin | $1,409 |
| Riverdale | $899 |
| Des Plaines | $1,608 |
| Forest Park | $1,063 |
| Schaumburg | $1,713 |
| Lombard | $1,782 |
| Arlington Heights | $1,737 |
| Downers Grove | $1,801 |
| Glen Ellyn | $1,332 |
| Glendale Heights | $1,538 |
| Westmont | $1,578 |
| Melrose Park | $1,063 |
