Apartments Near Triton College
How many apartments are available in Melrose Park, IL on Rentable.co?
Rentable.co has over 177 apartments available in Melrose Park.
Rentable.co has over 177 apartments available in Melrose Park.
Students at Triton can use the Pace buses. There is a stop on campus, and students have a discount. In addition, there are two Metra stops in River Grove, one by the North Central Service route, and another by the Milwaukee District Route. These lines can take passengers to Chicago, as far north as Antioch, and as far west as Elgin. Overall, there are many ways to get around in River Grove. For a quieter night, check out the local tiki bar, Hala Kahiki, where you can enjoy a variety of cocktails. This Hawaiian-themed bar is drinks only, aside from a few small appetizers. Cue-Phoria is the local billiards joint, and for karaoke nights, head to Club Amore. Otherwise, you’ll have to head to one of the various dive bars in town, or make the trip east toward Chicago for more exciting nightlife. Most students suggest heading into Chicago for fun.
Welcome to the March 2024 Melrose Park Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 2024 key findings and figures for the Melrose Park rental landscape.
Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Melrose Park and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Melrose Park average rent prices in the chart below.
Melrose Park rent prices increased over the last month. From February to March, the city experienced a 0.78% increase for the price of a one-bedroom apartment. The rent price for a Melrose Park one-bedroom apartments currently stands at $1,035.0.
When we take a look at the two-bedroom comparison from February to March, Melrose Park experienced a 20.05% increase for the price of a two-bedroom apartment. The rent price for a Melrose Park two-bedroom apartments currently stands at $1,443.0.
Rent prices have increased in Melrose Park over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Melrose Park suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.
More key findings include:
Rents did not increase in any of the Melrose Park suburbs
Rents did not decrease in any of the Melrose Park suburbs.
Rent growth in Melrose Park over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Melrose Park average rent prices appear to be relatively affordable for local residents.
The price for a Melrose Park one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.
For more information about Melrose Park and surrounding area rent prices, take a look at the complete data set below.
1 BR March | 1 BR M/M % Change | 2 BR March | 2 BR M/M % Change |
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Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.