• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
English

Language

English Español
Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Melrose Park, PA

Updated July 2026

The average rent in Melrose Park, PA is $1,615/month.

Rent in Melrose Park is roughly equal to the national average rent of of $1,663/month.

$1,615/month

Average Rent

800 Sq Ft

Average Size

+5.6%

Change / Year

314

Available Apartments

Melrose Park rent varies by unit size and layout:

  • Studio apartments in Melrose Park average per month.
  • One-bedroom apartments in Melrose Park average $1,615 per month.
  • Two-bedroom apartments in Melrose Park average $1,757 per month.
  • Three-bedroom apartments in Melrose Park average $2,385 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,615/month
800 Sq Ft
Two Bedroom
$1,757/month
930 Sq Ft
Three Bedroom
$2,385/month
1,800 Sq Ft
View Melrose Park Apartments

How much has average rent changed in Melrose Park, PA?

In the past year, rent has increased by 5.6%, which averages out to $90 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Melrose Park, PA

July 2026
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Melrose Park, PA
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
100% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Melrose Park, PA?

Because the average rent in Melrose Park is $1,615, you’ll want to make about $5,383 per month or $64,596 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Melrose Park, PA

314 Available Apartments for Rent

Search for Nearby Apartments

How does Melrose Park, PA compare to other nearby cities and neighborhoods?

Use the tool below to compare Melrose Park, PA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Melrose Park Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Elkins Park

    Elkins Park

  • Wyncote

    Wyncote

  • Jenkintown

    Jenkintown

  • Glenside

    Glenside

Apartment Communities in Melrose Park We Think You'll Love

100 York Apartments

100 York Apartments

100 Old York Rd,
Jenkintown, PA 19046

Studio - 3 Beds | $1,375 - $2,580

Lynnewood Gardens

Lynnewood Gardens

1950 Ashbourne Rd,
Elkins Park, PA 19027

1-3 Beds | $1,330 - $2,660

Melrose Station

Melrose Station

902 Valley Rd,
Melrose Park, PA 19027

1-3 Beds | $1,615 - $2,385

Bromley House

Bromley House

6901-6907 Old York Rd,
Philadelphia, PA 19126

Studio - 2 Beds | $1,918

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Manage Your Rentals

Guides for Managing Your Rental

Landlord’s Guide to Preparing a Rental Property for a New Tenant

Handle a tenant move-out with a simple checklist.

Maximizing Your ROI: A Guide to Marketing Apartment-Adjacent Rentals

Market ADUs and in-law suites to the right renters.

How to Find Renters: 5 Ways to Find Tenants Fast

Find tenants fast with five tactics that work.

The Benefits of Collecting Rent Payments Online

Collect rent online for faster payments.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Melrose Park?

The average rent in Melrose Park is $1,615 per month, which is 2.9% lower than the national average of $1,663.

Are rents going up or down in Melrose Park?

Rents in Melrose Park, PA are increasing, with prices up 5.6% year-over-year and $90 more per month.

What rent range is most common in Melrose Park?

In Melrose Park, PA, 100% of apartments fall between $1,501 - $2,000/month, though prices may vary depending on location and other factors.

United States Pennsylvania Melrose Park Rental Trends

Methodology

† 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.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Newest Listings
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity