StayRentalsStayRentals

Affordable apartments in Melrose Park, Illinois

3 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

3 lihtc

Buildings

HERITAGE HOUSE APTS

LIHTC
10315 W PALMER AVE, MELROSE PARK, IL, 60164
Income-restricted units
144 of 144
Year placed in service
1995
Bedroom mix
54 studio · 90 1BR

Estimated total housing cost: $1,390 rent + $129 utilities = $1,519/mo

Contact property management for current availability. Waitlists may apply.

VICTORY CENTRE OF MELROSE

LIHTC
1800 RIVERWOODS DR, MELROSE PARK, IL, 60160
Income-restricted units
98 of 109
Year placed in service
2003
Bedroom mix
89 studio · 20 2BR

Estimated total housing cost: $1,390 rent + $129 utilities = $1,519/mo

Contact property management for current availability. Waitlists may apply.

MELROSE COMMONS APTS

LIHTC
8303 W N AVE, MELROSE PARK, IL
Income-restricted units
84 of 95
Year placed in service
2003
Bedroom mix
71 1BR · 24 2BR

Estimated total housing cost: $1,390 rent + $129 utilities = $1,519/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Illinois

Residential electricity in Illinois runs about 17.95¢/kWh, with a typical monthly residential electric bill near $129. Natural gas runs about $15.45/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for 60164

Zip-level (SAFMR)
BedroomsLocal FMRNational median
Studio$1,150n/a
1 bedroom$1,230n/a
2 bedroom$1,390$1,502
3 bedroom$1,790n/a
4 bedroom$2,070n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: hud_safmr.

HUD income limits : Cook County, IL

Chicago-Naperville-Elgin, IL-IN. FY2025. Area median income: $119,900.

Household size30% AMI50% AMI80% AMI
1 person$25,200$42,000$67,150
2 people$28,800$48,000$76,750
3 people$32,400$54,000$86,350
4 people$35,950$59,950$95,900
5 people$38,850$64,750$103,600
6 people$43,150$69,550$111,250
7 people$48,650$74,350$118,950
8 people$54,150$79,150$126,600

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Illinois cities

See all affordable-rental cities in Illinois

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Melrose Park cost-of-living and Fair Market Rent overview