Melrose Park, Cook County, IL Housing Trends, Rent, Price-to-Rent

Market Summary

Melrose Park, Cook County, IL

Median Home Price Price

$293,711 $293.7K

Median Monthly Rent Rent

$1,417 $1.4K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Melrose Park, IL is $1,417, with MoM change +$11 and YoY change +$75 pointing to positive momentum while volatility is low (std $17).

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Metric

Base market Melrose Park, IL

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Delta vs base

Median rent

$1,417

N/A

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Median price

$293,711

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YoY change

+$75

N/A

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Price-to-rent

17.3x

Data unavailable

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