What is the rental vacancy rate in Melrose Park, IL?

Name: Vacancy rate in Melrose Park, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Melrose Park, IL is 1.7% (±1.7 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 1.0% (±1.1 points).

609 (±228) homes, 6.7% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Melrose Park, the rental vacancy rate went from 4.9% in 2015–2019 to 1.7% in 2020–2024 (−3.2 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Rental vacancy rate: 1.7% (±1.7 points)
Homeowner vacancy rate: 1.0% (±1.1 points)
Vacant homes: 609 (±228)

Vacancy in Melrose Park against Cook County, its state and the nation

Estimate (90% margin of error)
	Melrose Park	Cook County	Illinois	United States
Rental vacancy rate	1.7% (±1.7 points)	4.5% (±0.2 points)	5.0% (±0.2 points)	5.5%
Homeowner vacancy rate	1.0% (±1.1 points)	1.1% (±0.1 points)	1.0% (±0.1 points)	0.9%
Vacant housing units	609 (±228)	176,263 (±3,778)	421,003 (±7,877)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Melrose Park, the rental vacancy rate is lower than in Cook County (4.5%).

It is also lower than in Illinois (5.0%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Melrose Park

Nearest places with a published estimate, compared with Melrose Park
Place	Distance	Rental vacancy rate	Compared with this place
Melrose Park	—	1.7% (±1.7 points)	—
Stone Park	0.9 mi	5.0% (±5.4 points)	Not measurably different
Bellwood	1.5 mi	0.0% (±2.9 points)	Not measurably different
Maywood	1.9 mi	3.7% (±3.6 points)	Not measurably different
River Grove	2.0 mi	7.8% (±6.1 points)	Not measurably different
Northlake	2.3 mi	9.0% (±5.7 points)	Higher
River Forest	2.4 mi	9.6% (±8.4 points)	Not measurably different
River Forest Township	2.4 mi	9.6% (±8.4 points)	Not measurably different
Franklin Park	2.4 mi	4.3% (±3.7 points)	Not measurably different

Nearby places with a measurably higher figure: Northlake, IL (9.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Cook County, place by place

Rank	Place	Rental vacancy rate
93 (tie)	Rich Township	2.3% (±1.7 points)
98	Calumet Township	2.2% (±2.2 points)
99	South Holland	2.1% (±3.8 points)
100	Schiller Park	1.9% (±2.9 points)
101	Stickney Township	1.8% (±2.6 points)
102 (tie)	Blue Island	1.7% (±2.0 points)
102 (tie)	Melrose Park	1.7% (±1.7 points)
104 (tie)	Cicero	1.6% (±0.9 points)
104 (tie)	Cicero Township	1.6% (±0.9 points)
106	Harvey	1.5% (±1.1 points)
107 (tie)	Prospect Heights	1.4% (±2.2 points)
107 (tie)	Richton Park	1.4% (±1.7 points)
109 (tie)	Sauk Village	1.1% (±1.7 points)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Melrose Park

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Melrose Park, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Melrose Park beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Melrose Park, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Melrose Park

Is it hard to find a rental in Melrose Park?

The rental vacancy rate in Melrose Park, IL is 1.7% (±1.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Melrose Park tighter than it was?

In Melrose Park, the rental vacancy rate went from 4.9% in 2015–2019 to 1.7% in 2020–2024 (−3.2 percentage points), a measurable decrease.

How many homes are vacant in Melrose Park?

An estimated 609 (±228) housing units, 6.7% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Melrose Park village, Illinois (place:48242, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.