Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 13% of Residents
Under 20
22%
Over 65
22%
Avg Rent
$1,615
Population
20,956
Renter Mix
42% Rent
Melrose Park sits right on the Philadelphia city line, offering tree-lined streets and a calm residential feel that still keeps Center City within easy reach. Daily life moves at an unhurried pace, with local shopping along Old York Road and dining options in the adjacent communities of Elkins Park and Jenkintown just minutes away. The area falls within Cheltenham Township, one of Montgomery County's long-standing communities, about 12 miles north of Downtown Philadelphia.
Renters will find a mix of single-family home rentals and apartment communities, with housing stock that leans toward larger, architecturally distinctive structures on generous lots. The overall feel is more spacious than a typical inner-ring suburb, with housing styles that reflect generations of development.
Salus University and Arcadia University both sit within a few miles, giving the community an active academic presence. Melrose Park was officially designated a Census Designated Place by the U.S. Census Bureau in 2023, a recognition that reflects the area's distinct identity within Cheltenham Township.
Median Household Income
$93,781
Average: $125,742
Education
9,485
Residents Have a Degree
Job Market
11,624
Workers Employed
Median Age
42 Years
Largest Age Group
60-69 Years
Approximately 13% of Residents
Under 20
22%
Over 65
22%
Housing Distribution
Melrose Park has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of August 2026, the average apartment rent in Melrose Park, PA is $1,615 for one bedroom, $1,757 for two bedrooms, and $2,385 for three bedrooms. Apartment rent in Melrose Park has increased by 5.6% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Melrose Park, PA is for everyday living.
Moderately Walkable
Walkability
Good Public Transit
Transit
Moderately Drivable
Drivability
Fairly Bikeable
Bikeability
Public
Grades K-5
310 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.