Studio Apartments for Rent by Owner in Melrose, MA (2 Rentals)
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.
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.
Melrose, MA Local Guide

How much does it cost to rent an apartment in Melrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose Studio Apartments | $2,219 | $1,695 | $6,756 |
Melrose 1 Bedroom Apartments | $2,615 | $775 | $6,450 |
Melrose 2 Bedroom Apartments | $3,322 | $1,800 | $8,497 |
Melrose 3 Bedroom Apartments | $3,668 | $2,650 | $10,000+ |
Melrose 4 Bedroom Apartments | $4,275 | $3,000 | $5,800 |
Melrose 5 Bedroom Apartments | $5,314 | $3,000 | $6,800 |
Melrose 6 Bedroom Apartments | $7,328 | $6,995 | $7,995 |
Explore Melrose
Melrose, MA Local Guide
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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.
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 Studio Melrose Apartments
What is the Cheapest apartment in Melrose with Studio?
Currently the most affordable Studio in Melrose is at Parkwood Apartments listed at $1,700.
How much is the average rent for a Studio Melrose Apartment?
The average rent for a Studio Apartment in Melrose is $2,219.
What is the largest available Studio Melrose Apartment for rent?
Today's apartment with the most square footage in Melrose is a 650 square feet unit starting from $2,524 at Grayson Lofts.
What is the average size for Melrose Studio Apartments for rent?
The average size for a Studio rental in Melrose is currently 545 sq ft.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.