Cheap Apartments for Rent in the Melrose Neighborhood of Albany, NY from $900 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Melrose area of Albany.

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Campus View Apartments
$1,048 - $1,288
Total Monthly Price

Total Monthly Price

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$1,048 - $1,288
Total Monthly Price
$1,048 - $1,288
Studio to 1 Bedroom Apartments Available Now

Campus View Apartments

10 Brevator StAlbany, NY 12203
Pet Friendly
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50 Manning Blvd
1 Bedroom Apartments

50 Manning Blvd

50 Manning BlvdAlbany, NY 12203
Showing Results 1-27, Page 1 of 1

Cheapest Available Melrose Apartments for Rent

 

The cheapest available apartment rental in the Melrose area of Albany, NY is a Studio unit found at Campus View Apartments priced from $1,048. Downtown Student Housing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here are the most affordable Melrose apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
Campus View ApartmentsStudioStudio,1BA$1,048
Downtown Student Housing2 Bedroom2BR,2BA$1,100
441 State StStudioStudio,1BA$1,200
287 State St491/1A1BR,1BA$1,225
20 Park ResidencesStudioStudio,1BA$1,250
Tivoli Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1,295
Capitol Crossings1 Bedroom 1 Bathroom1BR,1BA$1,325
Park Row and New Scotland Gardens ApartmentsNew Scotland Large 1 Bedroom1BR,1BA$1,335
The Knick1 Bedroom CC1BR,1BA$1,350
The Kenmore5021BR,1BA$1,364

Best Value Apartments for Rent in Melrose, NY

As of August 16, 2026 the best value apartment in the Melrose area is the $1.14 price per square foot 1057 Washington Ave Model at 1057 Washington Ave, Unit First Floor in the in the Melrose neighborhood starting from $1,600. The second greatest value Melrose apartment is the Ballston C Model at Block 75 starting at $985 with a $0.81 price per square foot in the Campus Area neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1057 Washington Ave, Unit First Floor1057 Washington Ave3BR,1BA$1.14
Block 75Ballston C4BR,4BA$0.81
Downtown Student Housing3 Bedroom3BR,2BA$1.33
Bethlehem Terrace Apartments2BR/2.0BA2BR,2BA$1.34
The EleftheriaSia2BR,2BA$1.75
187 S Allen StFloor 22BR,1BA$1.64
The Residence at Capital HillsA2BR,1BA$1.60
762 Madison Avenue762 Madison Ave2BR,1BA$1.61
357 Morris StTwo Bed One Bath2BR,1BA$1.58
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82

Frequently Asked Questions about Cheap Melrose Apartments

What is a cheap apartment in Melrose?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose is under $1,364.

What is the price of a cheap apartment in Melrose?

The cheapest apartment in Melrose is Campus View Apartments which is listed at $1,148, while the average apartment in Melrose costs $1,759.

What types of apartments are the cheapest in Melrose?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 23 regular apartments in Melrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Melrose?

Cheap apartments in Melrose have an average cost of $1,241 which is $518 cheaper than the average rent for all rentals in Melrose.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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