Cheap Apartments for Rent in the Melrose Park Neighborhood of Fort Lauderdale, FL from $700 (90 Rentals)

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

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.

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.

property at 1460 NW 2nd St

$1,750

2 Bedroom Rentals

Available Now

1460 NW 2nd St

Fort LauderdaleFL33311
property at 645 NW 15th Ave

$1,900 - $2,000

2 Bedroom Rentals

Available Now

645 NW 15th Ave

Fort LauderdaleFL33311

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Broward Village
Studio Apartments

Broward Village

2275 W State Road 84Fort Lauderdale, FL 33312
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Riverside Gardens
1 to 2 Bedroom Apartments

Riverside Gardens

575-609 SW 20th AveFort Lauderdale, FL 33312
  • Utilities Included
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1916 SW 11th St
1 to 2 Bedroom Apartments

1916 SW 11th St

1916 SW 11th StFort Lauderdale, FL 33312
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Fairfield Park Apartments
Studio to 2 Bedroom Apartments

Fairfield Park Apartments

3333-3363 Davie BlvdFort Lauderdale, FL 33312
  • Utilities Included
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1620 SW 11th St
Studio to 1 Bedroom Apartments

1620 SW 11th St

1620 SW 11th StFort Lauderdale, FL 33312
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Marina Oaks
1 to 2 Bedroom Apartments

Marina Oaks

2449 SW 18th TerFort Lauderdale, FL 33315
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The River Apartments
1 to 2 Bedroom Apartments

The River Apartments

510-526 SW 20th AveFort Lauderdale, FL 33312
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1041 SW 15th Ave
1 Bedroom Apartments

1041 SW 15th Ave

1041 SW 15th AveFort Lauderdale, FL 33312
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Melrose Park, Fort Lauderdale, FL Local Guide

Cheapest Available Melrose Park Apartments for Rent

 

The cheapest available apartment rental in the Melrose Park area of Fort Lauderdale, FL is a Studio unit found at Community Acres priced from $1,200. Palm Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,500. Here are the most affordable Melrose Park apartments for rent in Fort Lauderdale, FL:

Apartment ListingModel NameBed/BathPriced From
Community AcresThe TarponStudio,1BA$1,200
Palm Terrace1 Bedroom1BR,1BA$1,500
Spectra at Plantation1 Bedroom, 1 Bath1BR,1BA$1,506
Inverrary 441 ApartmentsModel A1BR,1BA$1,539
Landmark TowersValencia 1 bed 1 bath1BR,1BA$1,600
The River Apartments750 - 2/12BR,1BA$1,749
MISHPAJA 18 LLC2/12BR,1BA$1,800
The AvenueAve - A11BR,1BA$1,800

Best Value Apartments for Rent in Melrose Park, FL

As of June 08, 2026 the best value apartment in the Melrose Park area is the $1.94 price per square foot 519 NW 21st Ter Model at 519 NW 21st Ter, Unit 1 in the in the Downtown Fort Lauderdale neighborhood starting from $3,200. The second greatest value Melrose Park apartment is the 642 NW 15th Ave Model at 642 NW 15th Ave, Unit 2 starting at $2,900 with a $2.11 price per square foot in the Downtown Fort Lauderdale neighborhood. Here is today’s list of the best values for Melrose Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
519 NW 21st Ter, Unit 1519 NW 21st Ter4BR,2BA$1.94
642 NW 15th Ave, Unit 2642 NW 15th Ave3BR,2BA$2.11
Inverrary 441 ApartmentsModel C2BR,2BA$2.23
Spectra at Plantation2 Bedroom, 1 Bath - Balcony2BR,1BA$2.18
Avana New RiverA21BR,1BA$2.17
Landmark TowersValencia 1 bed 1 bath1BR,1BA$1.78
Community AcresThe Dolphin2BR,1BA$2.17
Palm Terrace1 Bedroom1BR,1BA$1.88
The River Apartments750 - 2/12BR,1BA$2.33
1241 NW 56th Ave, Unit Efficiency B1241 NW 56th Ave1BR,1BA$1.71

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Melrose Park, Fort Lauderdale, FL

Ranked #56

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Melrose Park Apartments

What is a cheap apartment in Melrose Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose Park is under $1,800.

What is the price of a cheap apartment in Melrose Park?

The cheapest apartment in Melrose Park is Community Acres which is listed at $1,450, while the average apartment in Melrose Park costs $8,864.

What types of apartments are the cheapest in Melrose Park?

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 19 regular apartments in Melrose Park 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 Park?

Cheap apartments in Melrose Park have an average cost of $398 which is $8,466 cheaper than the average rent for all rentals in Melrose Park.

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

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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.

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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.

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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.

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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.