
Cheap Homes for Rent in Melrose Neighborhood of Albany, NY from $1,500 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Melrose area of Albany.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

164 Terrace Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

726 Western Ave
Melrose, Albany, NY Local Guide

How much does it cost to rent a home in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose 3 Bedroom Homes for Rent | $2,775 | $1,500 | $3,500 |
| Melrose 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Melrose 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Melrose Neighborhood of Albany, NY.
Explore Albany
Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 47 Apartments for Rent in Melrose, NY with pricing that ranges from $948 to $1,600. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $1,500 to $3,500.
What is the current price range for Rental Homes in Melrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose ranges from $1,500 to $3,500 with an average monthly rent of $2,858.
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.
Articles, How-To's, and Tips

A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.