Military Apartments for Rent in Melrose Park, IL (3 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Veteran Village
2 to 4 Bedroom Apartments

Veteran Village

101-105 N 15th AveMelrose Park, IL 60160
Military

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Freedoms Path Hines
Studio Apartments

Freedoms Path Hines

5000 S 5th AveHines, IL 60141
Military
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Melrose Park, IL Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Melrose Park Overview

A bustling suburb of the great city of Chicago, Melrose Park is a historic and charming metro area offering a sound economic base and plenty of natural beauty. Large enough to present much in the way of opportunity yet cozy enough to yield a small town ambiance, Melrose Park is one Illinois hub that is popular with good reason.

Why live in Melrose Park, IL?

With a steady job market thanks to health care and a range of other industries, Melrose Park apartments make a great place to hang your hat. Families will undoubtedly enjoy the close access to area schools, while the call of the greater Chicago arts and entertainment scene makes Melrose Park all the more enticing for younger professionals.

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melrose Park, IL Rentals by Map

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Getting Around Melrose Park, IL

Walk Score®

64 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

31 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Melrose Park

How much are Studio apartments in Melrose Park?

There are currently 62 Studio Apartments in Melrose Park with rent ranges from $1,040 to $3,756 with an average price of $2,717.

What is the current price range for One Bedroom Melrose Park Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Melrose Park ranges from $1,025 to $4,458 with an average monthly rent of $2,104.

What does renting a Two Bedroom Apartment in Melrose Park cost?

The monthly rent prices of Two Bedroom Apartments currently available in Melrose Park range from $1,450 to $5,544. Today's average rental price for Two Bedrooms here is $2,637.

How expensive are Melrose Park Three Bedroom Apartments?

There are currently 62 Three Bedroom Apartments listings available in Melrose Park on ApartmentHomeLiving.com. The pricing ranges from $1,800 to $4,650 - averaging $2,772 for the location.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.