
Cheap Apartments for Rent in Melrose, MA from $900 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


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147 W Wyoming Ave, Unit 2R

241 Tremont St

929 Main St

10 Chestnut St

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10 Chestnut St, Unit 3

232 Tremont St

119 West Wyoming

13 Harnden Rd

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75 Pinkert St, Unit 2
Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Moving to Boston? Discover how to handle unique rental rules, avoid common moving day pitfalls, and prepare for your first winter in the city

11 Upham St

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11 Upham St, Unit 3

53 Fellsway W

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340 Highland Ave, Unit 2

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57 Linden Ave, Unit 5

17-19-19 Washington St S, Unit 409

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Carlyle House Apartments

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Parkwood Apartments

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64 Maple St

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22 Saint Mary St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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21 Elm St, Unit A1

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Malom Trust Apartments

349 Pleasant St, Unit A1-19

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2 Park Ave, Unit 1

84 Sprague St

349 Pleasant St, Unit B1-18

43 Gledhill Ave

43 Fairmont St

349 Pleasant St

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180 Pleasant St
What It Really Costs to Live in Boston: A Local Renter’s Guide
Thinking of moving to Boston? Discover the real cost of living in the city. Our local expert guide breaks down rent, hidden utility costs, transportation tips, and neighborhood tradeoffs to help you budget smarter.

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67 Washington St, Unit 102

52 Newhall St, Unit 1

1538 Eastern Ave, Unit 4

53 Fellsway W, Unit 11

63 Fellsway W, Unit 19

18 Fairview Ave

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520 Medford St, Unit 2

63 Fellsway W, Unit 12A

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302 Spring Street Ext

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85 Maple St, Unit 5
Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Find your perfect apartment outside Boston. We review Quincy, Braintree, Malden, Somerville, and Lynn, covering local hotspots, commute options, and available rental types.

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APTS in Everett, Malden, Chelsea & Boston

53 Fellsway W

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The Chase at Overlook Ridge

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12 Russell St, Unit A2-4

101 Vine St

311 Elm St

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Rumney Flats

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396 Pleasant St, Unit A2-4

44 Spring St

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43 Mc Cormack St, Unit 1
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Melrose, MA Local Guide

How much does it cost to rent an apartment in Melrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Cheap Melrose Studio Apartments | $2,285 | $1,593 | $3,470 |
| Cheap Melrose 1 Bedroom Apartments | $2,736 | $900 | $10,000+ |
| Cheap Melrose 2 Bedroom Apartments | $3,258 | $1,900 | $10,000+ |
| Cheap Melrose 3 Bedroom Apartments | $3,479 | $1,100 | $10,000+ |
| Cheap Melrose 4 Bedroom Apartments | $3,929 | $2,800 | $8,116 |
Browse Top Apartments in Melrose
See all Apartments in MelroseExplore Melrose
Melrose, MA Local Guide
- Melrose Neighborhoods
- Nearby Cities
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Best Value Apartments for Rent in Melrose, MA
As of September 19, 2026 the best value apartment in the Melrose area is the $0.11 price per square foot 75 Pinkert St Model at 75 Pinkert St, Unit 2 in the Ferryway neighborhood starting from $1,100. The second greatest value Melrose apartment is the 302 Spring Street Ext Model at 302 Spring Street Ext in the Ferryway neighborhood starting at $1,900 with a $0.19 price per square foot. 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. |
|---|---|---|---|
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR, 2BA | $0.11 |
| 302 Spring Street Ext | 302 Spring Street Ext | Studio, 1BA | $0.19 |
| 126 2nd St, Unit 1 | 126 2nd St | 3BR, 1.5BA | $1.50 |
| 40 Cedar St | 40 Cedar St | 4BR, 2BA | $2.15 |
| Pomeworth Corner | 2BR/2.5BA | 2BR, 2.5BA | $1.93 |
| 9 Durso Ave, Unit 2 | 9 Durso Ave | 2BR, 1BA | $1.88 |
| 9 Kenilworth St, Unit 3 Beds 1 Bath Apartment | 9 Kenilworth St | 3BR, 1BA | $2.14 |
| 12 Avon St, Unit Apt #2 | 12 Avon St | 2BR, 1BA | $2.29 |
| 32 Pond St, Unit 2 | 32 Pond St | 2BR, 1BA | $2.40 |
| 218 Elm St, Unit 218 Elm St Apt 2 | 218 Elm St | 2BR, 1BA | $2.10 |
Boston Neighborhood Guide: Living Near UMass, MGH, and State Street
Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.
Read ArticleDon'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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleTop Neighborhoods Near Boston Colleges and Universities
Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly Lifestyle
Ranked #
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Melrose, MA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melrose, MA Rentals by Map
See the most popular apartments and homes in Melrose, MA
Frequently Asked Questions about Cheap Melrose Apartments
What is the Cheapest Studio apartment in Melrose?
Currently the most affordable Cheap Studio Apartment in Melrose is at The Chase at Overlook Ridge listed at $2,005.
How much is rent for a Cheap One Bedroom Melrose Apartment?
The lowest price for a Cheap One Bedroom Melrose Apartment is $1,750 at 2 Granite.
What is the lowest price for a Cheap Two Bedroom Melrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $2,300 at APTS in Everett, Malden, Chelsea & Boston.
What is the most affordable Melrose Three Bedroom Apartment?
The best deal on a cheap Melrose Three Bedroom Apartment rental is at APTS in Everett, Malden, Chelsea & Boston and starts from $2,000.
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.
Helpful Local Expert Guides

Moving to Boston Without Losing Your Mind: A Renter’s Guide to a Smooth Move
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

What It Really Costs to Live in Boston: A Local Renter's Guide
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston.

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities
Written by: Amelia Ramstead
Hello! I’m Amelia, your ApartmentHomeLiving.com expert for Boston!

Top Short-Term Rental Neighborhoods in Boston: Tips from a Local Expert
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com expert for Boston, and I’m excited to help you find your next home!
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.