
Cheap Apartments for Rent in the Melrose Neighborhood of Boynton Beach, FL from $1,200 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Melrose area of Boynton Beach.

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.

St. Andrews At Boynton Beach
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.

Elysium at Osprey Oaks
Melrose, Boynton Beach, FL Local Guide

How much does it cost to rent an apartment in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose 1 Bedroom Apartments | $2,135 | $1,909 | $2,684 |
| Melrose 2 Bedroom Apartments | $2,416 | $2,222 | $2,555 |
| Melrose 3 Bedroom Apartments | $3,029 | $2,510 | $3,194 |
Explore Boynton Beach
Best Value Apartments for Rent in Melrose, FL
As of June 14, 2026 the best value apartment in the Melrose area is the $2.39 price per square foot Alexander Model at Mosaic Palms Apartments in the in the Lake Charleston neighborhood starting from $2,999. The second greatest value Melrose apartment is the Design 1A Model at West Boynton starting at $2,031 with a $2.34 price per square foot in the Agricultural Reserve neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mosaic Palms Apartments | Alexander | 3BR,2BA | $2.39 |
| West Boynton | Design 1A | 1BR,1BA | $2.34 |
| The Allara Apartments | A1 - Manhasset | 1BR,1BA | $2.40 |
Frequently Asked Questions about Cheap Melrose Apartments
What is the price of a cheap apartment in Melrose?
The cheapest apartment in Melrose is The Allara Apartments which is listed at $1,909, while the average apartment in Melrose costs $3,174.
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 9 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 $852 which is $2,322 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.
Articles, How-To's, and Tips

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.