
Cheap Apartments for Rent in Melrose, MA from $1,000 (79 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


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223 Essex St, Unit 4

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283 Vinton St, Unit A

99 Essex St

513-517-517 Franklin St

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40 Hurd St

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167 Main ST, Unit 2-2

121 Hancock St

105 Summer St
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.

195 Pleasant St

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51 Porter St, Unit 3

Malom Trust Apartments

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2 Elm St, Unit 4

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22 Saint Mary St, Unit 19

Parkwood Apartments

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21 Elm St, Unit A1

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349A Pleasant St, Unit #A1-18

107 Summer St

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85 Maple St, Unit 5
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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43 Gale St, Unit 12

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82 Maple St, Unit 6

Carlyle House Apartments

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67 Washington St, Unit 102

25 Oakland Ave

34 Chestnut St

Altitude Apartments

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396 Pleasant St, Unit A2-4
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & 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.

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45 Florence St, Unit 503

445 Highland Ave

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167 Maple St, Unit #110

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64 Maple St, Unit 5

170 Maple St

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99 Hancock St, Unit #1

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Furnished Studio-Boston - Saugus

17-19 Washington St.

491 Central St

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171 Washington St, Unit 316
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.

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19 Washington St S, Unit 304

Wakefield one, two, and three bedrooms

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34 Armory St, Unit BUNGALOW

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51 Granville Ave, Unit 3

53 Lantern Rd

37 Almont St

455 Main St

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120 Sigourney St, Unit 1

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1 Railroad Ave, Unit Apt1 1st Floor
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.
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 | $2,291 | $1,575 | $4,065 |
| Cheap Melrose 1 Bedroom Apartments | $2,614 | $1,250 | $9,053 |
| Cheap Melrose 2 Bedroom Apartments | $3,362 | $2,050 | $10,000+ |
| Cheap Melrose 3 Bedroom Apartments | $3,949 | $2,700 | $10,000+ |
| Cheap Melrose 4 Bedroom Apartments | $3,729 | $1,050 | $5,800 |
Browse Top Apartments in Melrose
See all Apartments in MelroseExplore Melrose
Melrose, MA Local Guide
- Melrose Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Melrose Apartments for Rent
 The cheapest available apartment rental in Melrose, MA is a Studio unit found at 119 West Wyoming in the Greenwood neighborhood priced from $1,695. Malom Trust Apartments in the Ferryway neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,800. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 119 West Wyoming | 0BR/1.0BA | Studio,1BA | $1,695 |
| Malom Trust Apartments | Studio | Studio,1BA | $1,800 |
| Carlyle House Apartments | Studio, non-renovated (Exeter) | Studio,1BA | $1,800 |
| Northgate Apartments | One Bedroom | 1BR,1BA | $1,860 |
| Altitude Apartments | Studio - Premium | Studio,1BA | $1,885 |
Best Value Apartments for Rent in Melrose, MA
As of October 26, 2025 the best value apartment in the Melrose area is the $0.24 price per square foot 17 Upham St Model at 17 Upham St, Unit 1 in the in the Ferryway neighborhood starting from $2,400. The second greatest value Melrose apartment is the 27 Ridge Hill Ave Model at 27 Ridge Hill Ave, Unit 27 starting at $3,800 with a $0.38 price per square foot in the Hammersmith Village 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. |
|---|---|---|---|
| 17 Upham St, Unit 1 | 17 Upham St | 2BR,1BA | $0.24 |
| 27 Ridge Hill Ave, Unit 27 | 27 Ridge Hill Ave | 3BR,2BA | $0.38 |
| 349A Pleasant St, Unit #A1-18 | 349A Pleasant St | Studio ,1BA | $0.18 |
| 19 Washington St S, Unit 304 | 19 Washington St S | 1BR,1BA | $0.20 |
| 74 Washington St, Unit 72-8 | 74 Washington St | 3BR,1.5BA | $0.28 |
| 73 Washington St, Unit 8 | 73 Washington St | 2BR,1.5BA | $0.28 |
| 60 Pinkert St, Unit 60 | 60 Pinkert St | 4BR,1BA | $0.33 |
| 124 Grant, Unit 3 | 124 Grant | 1BR,1BA | $0.24 |
| 5 Howard St, Unit 1 | 5 Howard St | 1BR,1BA | $0.22 |
| 111 Oxford St | 111 Oxford St | 3BR,2.5BA | $1.70 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleBoston 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 ArticleThe 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 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 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.
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
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 119 West Wyoming listed at $1,695.
How much is rent for a Cheap One Bedroom Melrose Apartment?
The lowest price for a Cheap One Bedroom Melrose Apartment is $1,825 at Carlyle House Apartments.
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 Altitude Apartments and starts from $3,425.
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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.



