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  5. Rentals in Melrose Park, IL Under $1,500/mo

10 Rentals in Melrose Park, IL Under $1,500/mo

10 Results

Melrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st AvenueMelrose Park Condo: 1550 N 1st Avenue

$1,350

2 beds • 1 bath • Condo

1550 N 1st Avenue 1E, Melrose Park, IL, 60160

Melrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st AveMelrose Park Condo: 1610 N 1st Ave

$1,000

1 bed • 1 bath • 500 sqft • Condo

1610 N 1st Ave 2, Melrose Park, IL, 60160

Melrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd AveMelrose Park Apartment: 1123 N 33rd Ave

$1,050

1 bed • 1 bath • Apartment

1123 N 33rd Ave, Melrose Park, IL, 60160

Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.Melrose Park Apartment: 1213 N. 34th Ave.

$1,350

1 bed • 1 bath • Apartment

1213 N. 34th Ave., Melrose Park, IL, 60160

Bellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th AveBellwood Apartment: 135 S 50th Ave

$1,440

2 beds • 1 bath • 865 sqft • Apartment

135 S 50th Ave, Bellwood, IL, 60104

Melrose Park Apartment: 1829 N. 19th Avenue

$1,260

1 bed • 1 bath • 856 sqft • Apartment

1829 N. 19th Avenue, Melrose Park, IL, 60160

Melrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st Avenue

$1,345

1 bed • 1 bath • Apartment

1530 N 1st Avenue, Melrose Park, IL, 60160

Melrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st AvenueMelrose Park Apartment: 1530 N 1st Avenue

$1,345

1 bed • 1 bath • Apartment

1530 N 1st Avenue, Melrose Park, IL, 60160

Melrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd Avenue

$1,350

1 bed • 1 bath • 650 sqft • Apartment

1500-04 North 22nd Avenue, Melrose Park, IL, 60160

Melrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd AvenueMelrose Park Apartment: 1500-04 North 22nd Avenue

$1,350

1 bed • 1 bath • 650 sqft • Apartment

1500-04 North 22nd Avenue, Melrose Park, IL, 60160

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What to Know Before Renting Under $1,500 in Melrose Park, IL

Rentals under $1,500 per month cover a wide share of Melrose Park inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Melrose Park.

Browse Melrose Park Rentals by Bedroom Count

Studio apartments for rent in Melrose Park1-bedroom apartments for rent in Melrose Park2-bedroom apartments for rent in Melrose Park3-bedroom apartments for rent in Melrose Park

Rentals Under $1,500 Near Melrose Park, IL

Rentals Under $1,500 in River Grove, ILRentals Under $1,500 in Maywood, ILRentals Under $1,500 in Elmwood Park, ILRentals Under $1,500 in Hillside, ILRentals Under $1,500 in Broadview, IL

Frequently Asked Questions About Rentals Under $1,500 in Melrose Park, IL

Rentler currently shows 9 rentals in Melrose Park priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.

At the under $1,500 price point in Melrose Park, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.

These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.

Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.

Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.

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