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2025 Compare Cities Housing:
Melrose Park, IL vs River Forest, IL

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Highlights
- The median age of a home in Melrose Park is 18.8% younger than the median age of a home in River Forest.
 Melrose Park, ILRiver Forest, ILUnited States
 Median Home Age64  Unlock42
 Median Home Cost  Unlock$587,300$338,100
 Home Appr. Last 12 months12.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock19.4%57.0%
 Home Appr. Last 10 yrs.63.3%  Unlock101.1%
 Property Tax Rate  Unlock$21.0$11.0
 Homes Owned49.7%  Unlock57.4%
 Housing Vacant  Unlock5.8%11.2%
 Homes Rented43.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Melrose Park, ILRiver Forest, ILUnited States
 Average Rent  Unlock$1,870$1,840
 Studio Apartment$1,020  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,310$1,180
 2 Bedroom Home or Apartment$1,270  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,900$1,860
 4 Bedroom Home or Apartment$1,910  Unlock$2,160
 space1
 Vacant Housing
 Melrose Park, ILRiver Forest, ILUnited States
 Vacant For Rent  Unlock0.2%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock1.9%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other3.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Melrose Park, ILRiver Forest, ILUnited States
 Less Than $20,000  Unlock0.8%2.6%
 $20,000 to $39,9992.6%  Unlock2.4%
 $40,000 to $59,999  Unlock0.2%2.8%
 $60,000 to $79,9991.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,9996.2%  Unlock11.3%
 $150,000 to $199,999  Unlock4.8%13.0%
 $200,000 to $299,99934.0%  Unlock20.1%
 $300,000 to $399,999  Unlock9.5%13.6%
 $400,000 to $499,9991.6%  Unlock8.3%
 $500,000 to $749,999  Unlock29.8%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock6.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Melrose Park, ILRiver Forest, ILUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock9.1%13.6%
 2000 to 20096.6%  Unlock13.6%
 1990 to 1999  Unlock1.3%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock9.2%14.8%
 1960 to 19695.6%  Unlock13.6%
 1950 to 1959  Unlock13.7%10.0%
 1940 to 19498.2%  Unlock4.7%
 1939 or Earlier  Unlock44.6%12.2%
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Reviews for Melrose Park    2 Reviews
TARA · Melrose Park, IL
Not a place to live
Over 16 years ago

toooo  More

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Carlos · Melrose Park, IL
Melrose Park resident for 4 years
Over 18 years ago

Melrose Park is relatively cheaper that living in Chicago. However, the public schools are not very  More

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Reviews for River Forest    5 Reviews
Anon · Oak Park, IL
Quiet Upscale Neighborhood
Over 15 years ago

River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

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Anon · Oak Park, IL
Quiet Upscale Neighborhood
Over 15 years ago

River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply
Anon · Oak Park, IL
Quiet Upscale Neighborhood
Over 15 years ago

River Forest as a whole is an old suburb outside of Chicago, very quiet and upscale. River Forest neighbors Oak Park, which does have much more to offer in terms of  More

   |    Reply

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Learn More About Melrose Park, Illinois
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Learn More About River Forest, Illinois
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