Cheap Apartments for Rent in Melrose, MA from $1,000 (79 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
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
$1,895
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895
1 Bedroom Apartment Available Now

283 Vinton St, Unit A

283 Vinton StMelrose, MA 02176
Family Friendly
  • Smoke Free
property at 99 Essex St

99 Essex St

MelroseMA02176
property at 513-517-517 Franklin St
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
Affordability
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 Now

167 Main ST, Unit 2-2

167 Main STMalden, MA 02148
Affordability
property at 121 Hancock St

121 Hancock St

EverettMA02149
property at 105 Summer St

105 Summer St

MaldenMA02148

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 195 Pleasant St

195 Pleasant St

MaldenMA02148
close
View Me
51 Porter St, Unit 3
$1,700
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700
1 Bedroom Apartment Available Now

51 Porter St, Unit 3

51 Porter StMalden, MA 02148
Affordability
  • Smoke Free
close
View Me
349A Pleasant St, Unit #A1-18
$1,750
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750
Studio Apartment Available Now

349A Pleasant St, Unit #A1-18

349A Pleasant StMalden, MA 02148
property at 107 Summer St

107 Summer St

MaldenMA02148

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.

property at 25 Oakland Ave

25 Oakland Ave

EverettMA02149
property at 34 Chestnut St

34 Chestnut St

WakefieldMA01880

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.

property at 445 Highland Ave

445 Highland Ave

MaldenMA02148
close
View Me
99 Hancock St, Unit #1
$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

99 Hancock St, Unit #1

99 Hancock StMalden, MA 02148
Affordability
property at 491 Central St

491 Central St

SaugusMA01906

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.

close
View Me
19 Washington St S, Unit 304
$1,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
1 Bedroom Apartment Available Now

19 Washington St S, Unit 304

19 Washington St SMalden, MA 02148
close
View Me
51 Granville Ave, Unit 3
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Nov 1

51 Granville Ave, Unit 3

51 Granville AveMalden, MA 02148
Affordability
  • Smoke Free
property at 53 Lantern Rd

53 Lantern Rd

RevereMA02151
property at 37 Almont St

37 Almont St

MedfordMA02155
property at 455 Main St

455 Main St

StonehamMA02180

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

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 ListingModel NameBed/BathPriced From
119 West Wyoming0BR/1.0BAStudio,1BA$1,695
Malom Trust ApartmentsStudioStudio,1BA$1,800
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,800
Northgate ApartmentsOne Bedroom1BR,1BA$1,860
Altitude ApartmentsStudio - PremiumStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
17 Upham St, Unit 117 Upham St2BR,1BA$0.24
27 Ridge Hill Ave, Unit 2727 Ridge Hill Ave3BR,2BA$0.38
349A Pleasant St, Unit #A1-18349A Pleasant StStudio ,1BA$0.18
19 Washington St S, Unit 30419 Washington St S1BR,1BA$0.20
74 Washington St, Unit 72-874 Washington St3BR,1.5BA$0.28
73 Washington St, Unit 873 Washington St2BR,1.5BA$0.28
60 Pinkert St, Unit 6060 Pinkert St4BR,1BA$0.33
124 Grant, Unit 3124 Grant1BR,1BA$0.24
5 Howard St, Unit 15 Howard St1BR,1BA$0.22
111 Oxford St111 Oxford St3BR,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 Article
Decorative image

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 Article
Decorative image

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.

Read Article
Decorative image

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
Decorative image

Top 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 Article
Decorative image

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

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melrose, MA Rentals by Map

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

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.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.