Cheap Apartments for Rent in Melrose, MA from $1,000 (92 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Melrose.

close
View Me
283 Vinton St, Unit A
$1,900
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,900
Total Monthly Price
$1,900
1 Bedroom Apartment Available Now

283 Vinton St, Unit A

283 Vinton StMelrose, MA 02176
Affordability
  • Smoke Free
close
View Me
40 Hurd St
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100
Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

40 Hurd St

40 Hurd StMelrose, MA 02176
close
View Me
57 Henry Ave
$2,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150
Total Monthly Price
$2,150
2 Bedroom Apartment Available Oct 1

57 Henry Ave

57 Henry AveMelrose, MA 02176
Cost Per Sq.Ft.
  • Smoke Free

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.

Read Article
close
View Me
32 Tappan St.
Studio to 2 Bedroom Apartments

32 Tappan St.

32 Tappan StMelrose, MA 02176
close
View Me
167 Main ST, Unit 2-2
$1,050
Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050
4 Bedroom Apartment Available Sep 10

167 Main ST, Unit 2-2

167 Main STMalden, MA 02148
Affordability

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.

Read Article

Explore Like a Local: The Insider's Guide to Boston

Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

Read Article
property at 107 Summer St

107 Summer St

MaldenMA02148
property at 117 Summer St

117 Summer St

MaldenMA02148

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 2

Melrose, MA Local Guide

Cheapest Available Melrose Apartments for Rent

 

The cheapest available apartment rental in Melrose, MA is a Studio unit found at Carlyle House Apartments in the West Revere neighborhood priced from $1,700. 119 West Wyoming in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,775. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,700
119 West Wyoming1BR/1.0BA1BR,1BA$1,775
Malom Trust ApartmentsStudioStudio,1BA$1,800

Best Value Apartments for Rent in Melrose, MA

As of September 09, 2025 the best value apartment in the Melrose area is the $0.25 price per square foot 223 Central St Model at 223 Central St, Unit #12 in the in the West Side neighborhood starting from $2,450. The second greatest value Melrose apartment is the 203 Central St Model at 203 Central St, Unit #10 starting at $2,450 with a $0.25 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
223 Central St, Unit #12223 Central St2BR,1BA$0.25
203 Central St, Unit #10203 Central St2BR,1BA$0.25
17 Belmont St, Unit 317 Belmont St3BR,1BA$0.30
248 Park St, Unit 2248 Park St3BR,1BA$0.32
55 Kenmere Rd, Unit 155 Kenmere Rd4BR,2BA$0.43
55 Kenmere Rd, Unit 5555 Kenmere Rd4BR,2BA$0.43
330 Swains Pond Ave, Unit 330330 Swains Pond Ave5BR,2.5BA$0.52
476 Fulton St, Unit 1476 Fulton St5BR,4.5BA$0.53
27 1st St, Unit 127 1st St4BR,4.5BA$0.58
161 4th St, Unit 1161 4th St5BR,5.5BA$0.60

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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Melrose, MA

View Map
Melrose, MA Apartments Map
View Map
Melrose, MA Rental Homes Map

Getting Around Melrose, MA

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 Carlyle House Apartments listed at $1,700.

How much is rent for a Cheap One Bedroom Melrose Apartment?

The lowest price for a Cheap One Bedroom Melrose Apartment is $1,775 at 119 West Wyoming.

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 $2,400 at Warden Place.

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 $2,700.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.