Rent by ZIP · Cook County
Rent in Melrose Park, IL 60164
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,570 (+12.9% vs FY2026). Renters in this ZIP code pay a median $1,159 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,310 | $1,150 | +13.9% | $1,179–1,441 | $936 ±$167 |
| 1 bedroom | $1,390 | $1,230 | +13% | $1,251–1,529 | $983 ±$59 |
| 2 bedrooms | $1,570 | $1,390 | +12.9% | $1,413–1,727 | $1,332 ±$167 |
| 3 bedrooms | $2,020 | $1,790 | +12.8% | $1,818–2,222 | $1,339 ±$485 |
| 4 bedrooms | $2,310 | $2,070 | +11.6% | $2,079–2,541 | $2,305 ±$169 |
Small Area FMRs for the Chicago-Joliet-Naperville, IL HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Chicago-Joliet-Naperville, IL HUD Metro FMR Area, 2 bedrooms: $2,011.
What renters pay in 60164
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 60163 | Berkeley | $1,720 | $1,483 |
| 60165 | Stone Park | $1,800 | $1,154 |
| 60162 | Hillside | $1,880 | $1,694 |
| 60160 | Melrose Park | $1,640 | $1,197 |
| 60169 | Hoffman Estates | $2,310 | $1,676 |
| 60157 | Medinah | $2,310 | – |
Fair Market Rents across Cook County, IL · All IL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.