
Cheap Apartments for Rent in Melrose, MA from $900 (72 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


Total Monthly Price
147 W Wyoming Ave

59 Greenwood St

232 Tremont St

29 Gale St

13 Harnden Rd

199 Belmont St, Unit 2

18 Beltran St

Total Monthly Price
85 High St, Unit 1

Total Monthly Price
14 Brogan Rd, Unit 2
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53 Fellsway W, Unit 22A

Total Monthly Price
12 Mount Vernon St, Unit BASEMENT

53 Fellsway W, Unit 14

Carlyle House Apartments

Parkwood Apartments

63 Fellsway W, Unit 12A

135 Clifton St

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2 Park Ave, Unit 1

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21 Elm St, Unit A1

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64 Maple St
Rent According to Income: A Look at Income-Restricted Rentals
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63 Fellsway W, Unit 14

Altitude Apartments

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171 Washington St

17-19 Washington St., Unit 306

743 Highland Ave

8 Rockwell Terrace

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180 Pleasant St

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347 Pleasant St

53 Fellsway W, Unit 21

63 Fellsway W, Unit 3
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.

63 Fellsway W, Unit 6

349 Pleasant St, Unit A1-19

17-19 Washington St., Unit 206

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67 Washington St, Unit 102

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57 Linden Ave, Unit 5

17-19 Washington St., Unit 211

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22 Saint Mary St

392 Ferry St

44 Glendale St, Unit B

53 Fellsway W, Unit 4
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17-19 Washington St., Unit 116

52 Newhall St

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12 Russell St, Unit A2-4

Total Monthly Price
45 Fells Ave

63 Fellsway W, Unit 19

349 Pleasant St, Unit A1-21

Total Monthly Price
85 Maple St, Unit 5

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45 Florence St

17-19 Washington St., Unit 412

349 Pleasant St, Unit B3-6
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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 | $2,364 | $1,600 | $7,523 |
| Cheap Melrose 1 Bedroom Apartments | $2,728 | $900 | $10,000+ |
| Cheap Melrose 2 Bedroom Apartments | $3,372 | $2,000 | $10,000+ |
| Cheap Melrose 3 Bedroom Apartments | $3,445 | $975 | $6,406 |
| Cheap Melrose 4 Bedroom Apartments | $3,927 | $900 | $9,874 |
Browse Top Apartments in Melrose
See all Apartments in MelroseExplore Melrose
Melrose, MA Local Guide
- Melrose Neighborhoods
- Nearby Cities
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Cheapest Available Melrose Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altitude Apartments | Studio - Premium | Studio,1BA | $1,836 |
Best Value Apartments for Rent in Melrose, MA
As of August 04, 2026 the best value apartment in the Melrose area is the $0.27 price per square foot 64 Paris St Model at 64 Paris St, Unit 1 in the in the Ferryway neighborhood starting from $2,700. The second greatest value Melrose apartment is the 118 Vernal St Model at 118 Vernal St, Unit 2 starting at $2,900 with a $0.29 price per square foot in the Ferryway 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. |
|---|---|---|---|
| 64 Paris St, Unit 1 | 64 Paris St | 2BR,1BA | $0.27 |
| 118 Vernal St, Unit 2 | 118 Vernal St | 3BR,1BA | $0.29 |
| 197 Clifton St, Unit Clifton | 197 Clifton St | 1BR,1BA | $0.23 |
| 41 Baker St, Unit 41 Baker Street | 41 Baker St | 4BR,1BA | $1.67 |
| 9 Durso Ave, Unit 2 | 9 Durso Ave | 2BR,1BA | $1.88 |
| 65 Almont St, Unit 65 Almont St | 65 Almont St | 2BR,1BA | $1.67 |
| 21 Granville Ave, Unit Apt 2 | 21 Granville Ave | 2BR,1BA | $1.97 |
| 45 Fells Ave | 45 Fells Ave | 1BR,1BA | $2.05 |
| 14 Brogan Rd, Unit 2 | 14 Brogan Rd | 1BR,1BA | $1.93 |
| 85 High St, Unit 1 | 85 High St | 3BR,1BA | $1.67 |
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 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
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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 Altitude Apartments listed at $1,836.
How much is rent for a Cheap One Bedroom Melrose Apartment?
The lowest price for a Cheap One Bedroom Melrose Apartment is $2,095 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 $2,295 at 30 Pomeworth Street.
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 $3,500.
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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.