Cheap Apartments for Rent in Melrose, MA from $900 (168 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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32 Tappan St.
2 Bedroom Apartments

32 Tappan St.

32 Tappan StMelrose, MA 02176

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating 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.

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Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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Melrose, MA Local Guide

Best Value Apartments for Rent in Melrose, MA

As of July 25, 2025 the best value apartment in the Melrose area is the $0.19 price per square foot 52 S Border Rd Model at 52 S Border Rd, Unit A in the in the Wyoming neighborhood starting from $1,875. The second greatest value Melrose apartment is the 52 S Border Rd Model at 52 S Border Rd, Unit A starting at $1,875 with a $0.19 price per square foot in the Wyoming 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.
52 S Border Rd, Unit A52 S Border RdStudio ,1BA$0.19
52 S Border Rd, Unit A52 S Border RdStudio ,1BA$0.19
52 S Border Rd, Unit A52 S Border RdStudio ,1BA$0.19
487 Fulton St487 Fulton St4BR,4.5BA$0.48
454 Main St, Unit #1454 Main St1BR,1BA$0.17
349A Pleasant St, Unit #A1-15349A Pleasant St1BR,1BA$0.20
19 Washington St S, Unit 20919 Washington St SStudio ,1BA$0.18
54 S Border Rd, Unit A54 S Border Rd1BR,1BA$0.19
52 S Border Rd, Unit A52 S Border RdStudio ,1BA$1.88
85 High St, Unit 185 High St3BR,1BA$1.50

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Best Local Schools in
Melrose, MA

School data provided by Great Schools

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

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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 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 $2,150 at Apartments in Everett, Malden & Chelsea.

What is the most affordable Melrose Three Bedroom Apartment?

The best deal on a cheap Melrose Three Bedroom Apartment rental is at Apartments in Everett, Malden & Chelsea 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.

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.