Melrose Park, IL Housing Statistics

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9%

Med. Home Val. NAT. AVG.

11%

Rent NAT. AVG.

20%

Owner Occ. NAT. AVG.

Melrose Park Housing Information

Index	Melrose Park	Illinois	National
Median home price	$356,164	$308,565	$326,622
Median rent asked	$1,603	$1,374	$1,444
Avg. people per household	3.2	2.6	2.6
Owner occupied households	50.7%	66.0%	63.6%
Renter occupied households	49.3%	34.0%	36.4%

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Homes For Sale In Melrose Park, IL

3112 Pearl Ave

Melrose Park, IL

327 Morse Dr

Melrose Park, IL

1611 Saint Charles Rd

Maywood, IL

1823 N 35th Ave

Stone Park, IL

Housing Quick Facts

The median home price in Melrose Park is 9% higher than the national average.
The median rent asked in Melrose Park is 11% higher than the national average.
The average number of people per household in Melrose Park is 23% higher than the national average.
The number of owner occupied households in Melrose Park is 20% lower than the national average.
The number of renter occupied households in Melrose Park is 35% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Hodgkins, IL	1,817	$59,644	82%
Hometown, IL	4,350	$220,011	33%
Maywood, IL	23,986	$283,668	13%
Bellwood, IL	19,287	$293,336	10%
Chicago Ridge, IL	14,340	$299,275	8%
Melrose Park, IL	26,171	$356,164	9%

Cities with similar population

	Population	Home Price	National Avg.
Haines City, FL	26,146	$289,261	11%
Dedham, MA	26,137	$857,762	163%
Soledad, CA	26,210	$754,870	131%
Coral Terrace, FL	26,129	$644,532	97%
Lochearn, MD	26,216	$384,810	18%
Melrose Park, IL	26,171	$356,164	9%

Source: The Melrose Park, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.