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Top Rated Studio Apartments for Rent in Melrose Park, IL (10 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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Rent Specials
from $1,827Studio Apartments Available Now
Oak Park Place
479-483 N Harlem AveOak Park, IL 60301
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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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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.
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Chicago's Best Affordable Neighborhoods
Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms
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Showing Results 1-10, Page 1 of 1
Melrose Park, IL Local Guide
Downtown Melrose Park by Dennisyerger84 is licensed under CC BY 4.0
How much does it cost to rent an apartment in Melrose Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Park Studio Apartments | $2,153 | $1,175 | $3,598 |
| Melrose Park 1 Bedroom Apartments | $2,001 | $1,025 | $4,497 |
| Melrose Park 2 Bedroom Apartments | $2,655 | $1,450 | $5,921 |
| Melrose Park 3 Bedroom Apartments | $2,781 | $1,800 | $4,650 |
| Melrose Park 4 Bedroom Apartments | $3,529 | $2,749 | $5,000 |
Explore Melrose Park
Melrose Park, IL Local Guide
- Melrose Park Neighborhoods
- Nearby Cities
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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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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Studio Melrose Park Apartments
What is the Cheapest apartment in Melrose Park with Studio?
Currently the most affordable Studio in Melrose Park is at 2115 S 4th Ave listed at $1,040.
How much is the average rent for a Studio Melrose Park Apartment?
The average rent for a Studio Apartment in Melrose Park is $2,153.
What is the largest available Studio Melrose Park Apartment for rent?
Today's apartment with the most square footage in Melrose Park is a 531 square feet unit starting from $1,827 at Oak Park Place.
What is the average size for Melrose Park Studio Apartments for rent?
The average size for a Studio rental in Melrose Park is currently 508 sq ft.
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.
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.
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.
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.
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.