
Cheap Homes for Rent in Melrose Neighborhood of Albany, NY from $1,200 (2 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.
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 | $3,000 | $2,500 | $3,500 |
| Melrose 4 Bedroom Homes for Rent | $2,950 | $2,950 | $2,950 |
| Melrose 6 Bedroom Homes for Rent | $2,795 | $2,795 | $2,795 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Melrose Neighborhood of Albany, NY.
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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 $2,500. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $1,250 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 $1,250 to $3,500 with an average monthly rent of $2,498.
How much are larger Three and Four Bedroom Rentals in Melrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose range from $1,595 to $2,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,500.
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.