Last updated April 26 2024 at 7:54 PM

Melrose Park, IL
215 Condos for Rent

Prices shown are base rent prices and may not include non-optional fees and utilities.
Finding condos for rent in Melrose Park is almost no different than renting an apartment in a big complex. The real difference is the ownership. Condos are owned by individu... Read Guide >
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City Guide for Melrose Park, IL

Melrose Park has a glorious -- and fun -- past! This Chicago suburb was once home to the beloved Kiddieland Amusement Park, which recently closed in 2010. Today, that land is home to Maywood Park Racetrack. Melrose Park is also the hometown of Stern Pinball, Inc -- the world's last manufacturer of coin-operated pinball machines!

When Melrose Park was first established, it was called Melrose, a small Chicago suburb in 1882. For some reason in 1893, the residents decided to add a "Park" to their name, and with that, the population began to grow. It hasn't been total smooth sailing in town; in 1920, there was an F4 tornado on Palm Sunday that killed 10 residents and destroyed the Sacred Heart Church and the attached convent. But since then, the small town has recovered, repaired itself, grown and continued to thrive as one of Chicago's most beloved suburbs. People that live here tend to commute into Chicago for work and play. But the community itself is solid and strong, and there are actually tons of things to do in town without having to leave.

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What to keep in mind when looking for condos in Melrose Park, IL

Finding condos for rent in Melrose Park is almost no different than renting an apartment in a big complex. The real difference is the ownership. Condos are owned by individuals within the same building. However, apartments in a large complex are owned by a single landlord or property management group.

Sometimes the price of condos in Melrose Park may prove cheaper. The owners are often moving onto a new home or leaving the city and just need someone to cover the costs. Apartment complexes are designed to deal with tenant issues, make repairs, and care for the property. Condo owners will still deal with repairs and upkeep but may need more time to address a problem, especially if they don’t live nearby. However, condo owners have a more vested interest in the property and keeping their tenants happy to reduce turnover.

Choose the best condos for rent in Melrose Park that meet your wishlist for budget, amenities, and layout. You probably won’t notice the difference between the condos and apartments you tour.