Zumper
modified
4 Hours Ago

Highlights

  • Pet Friendly
  • Generous closet
  • Spacious kitchen
  • Luxury vinyl flooring
  • Comfortable living area
  • Bright and open floor plan
  • Partially renovated home

Location

1829 Broadway Avenue, Melrose Park, Illinois 60160, United States
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Contact

Management

Advantage Properties Chicago, Inc.

Leasing office

(312) 602-9808

Property Overview

Terrace Apartments presents an appealing option for renters, highlighted by a strong Zumper expert rating of 8.3 out of 10, reflecting an impressive balance of amenities, location, and price. The property features generous closets, a spacious kitchen, and a bright, open floor plan, complemented by a high location rating of 9 and an amenities rating of 8. With pet-friendly aspects and convenient access to top-rated schools, Terrace Apartments offers a quality living experience in a desirable area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Terrace Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Terrace Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • More space
  • Pet friendly

Great for

  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath856 sqft$1,290 /mo1 unit availableDiscover this inviting one-bedroom Terrace Apartment in Melrose Park! This partially renovated home offers a bright and open floor plan with a spacious kitchen and a comfortable living area that includes a cozy dinette space. Bathroom features a full-sized tub, and generous closet for ample storage. —don’t miss out!

Let's explore this property.

Amenities for Terrace Apartments

Appliances

OvenRange
RefrigeratorStove/Oven

Building

Cats OKDogs OK
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units45
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About Terrace Apartments

HomeApartments in Melrose Park Terrace Apartments

Discover this inviting one-bedroom Terrace Apartment in Melrose Park! This partially renovated home offers a bright and open floor plan with a spacious kitchen and a comfortable living area that includes a cozy dinette space. Bathroom features a full-sized tub, and generous closet for ample storage. —don’t miss out!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Terrace Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Terrace Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Terrace Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Terrace Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Terrace Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Terrace Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Terrace Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Terrace Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Terrace Apartments is great for:

Pet owners

  • 1 pet grooming service nearby
  • 1 pet hospital in the area
  • 1 pet supply store near the property

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Terrace Apartments compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.3 mile away
More space
The 1-bedroom is 856 sqft larger than other listings nearby
Pet friendly
This property allows pets

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Melrose Park

1-bedroom apartments at Terrace Apartments cost about the same as the average rent price for 1-bedroom apartments in Melrose Park.

Median rents as of Jun 7 2025.
Melrose Park
A table of studio rental data trends in Melrose Park
MonthMedian Rent
October 2024$1,125
November 2024$1,125
December 2024$1,125
January 2025$1,125
March 2025$975
April 2025$975
May 2025$1,625
June 2025$1,625

Affordability calculator

Can I afford to live at 1829 Broadway Avenue?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$51,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,600 annually to afford this 1-bedroom monthly rent price of $1,290.
For more information on rent affordability, visit our rent calculator.

Schools near Terrace Apartments

Melrose Park Elementary School

1715 w lake st

melrose park, IL, 60160

PK, K-5Public
B-
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Internet available near Terrace Apartments

Getting around Melrose Park near 1829 Broadway Avenue

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 1829 Broadway Avenue, Melrose Park

Groceries

7/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

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