
Cheap 1 Bedroom Apartments for Rent in the Downtown Melrose Neighborhood of Melrose, MA from $900 (48 Rentals)


Total Monthly Price
223 Essex St

104 W Emerson St, Unit 3

191 W Wyoming Ave, Unit 4

191 W Wyoming Ave, Unit 11

135-137 Lynde St

150 Green St

Total Monthly Price
40 Hurd St

Total Monthly Price
Towne Estates
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

11 Taylor St

Corey10

119 West Wyoming

28 Spring St, Unit 1

Total Monthly Price
85 Maple St, Unit 5

Altitude Apartments

Total Monthly Price
171 Washington St

7 Greenwood St

19 Spring St
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

21 Spring St

120 Summer St, Unit 10

120 Summer St, Unit 11

26 Porter St, Unit 3

Total Monthly Price
180 Mountain Ave, Unit 14

105 Summer St

468 Salem St

103 Summer St

Malom Trust Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Melrose Terrace

998 Main St

Total Monthly Price
Avana Cliffside

525 Highland Ave, Unit 45

134 Summer St, Unit #32

134 Summer St, Unit 32

Total Monthly Price
134 Summer St

Total Monthly Price
Avalon Saugus

30 Collins Ave
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.

30 Howard St

101-109 Summer Street

7 Falmouth St

39-41-41 Columbia St, Unit 5

411 Main St

Broadway Apartments

60 Franklin St

Myrtle Street

166 Salem St, Unit B2
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.

84 Franklin St, Unit 2

120 Summer St

95 Maple St
Downtown Melrose, Melrose, MA Local Guide

How much does it cost to rent an apartment in Downtown Melrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Melrose Studio Apartments | $2,205 | $1,608 | $4,329 |
Downtown Melrose 1 Bedroom Apartments | $2,698 | $900 | $10,000+ |
| Downtown Melrose 2 Bedroom Apartments | $3,338 | $1,900 | $10,000+ |
| Downtown Melrose 3 Bedroom Apartments | $3,471 | $2,800 | $4,300 |
| Downtown Melrose 4 Bedroom Apartments | $7,549 | $2,895 | $10,000+ |
Explore Melrose
Downtown Melrose, Melrose, MA Local Guide
- Nearby Melrose neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 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 LifestyleDowntown Melrose, Melrose, MA
Ranked #5
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Melrose, Melrose, MA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Melrose Apartments
What is a cheap apartment in Downtown Melrose?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Melrose is under $2,375.
What is the price of a cheap apartment in Downtown Melrose?
The cheapest apartment in Downtown Melrose is Altitude Apartments which is listed at $1,945, while the average apartment in Downtown Melrose costs $10,940.
What types of apartments are the cheapest in Downtown Melrose?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown Melrose that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Melrose?
Cheap apartments in Downtown Melrose have an average cost of $172 which is $10,768 cheaper than the average rent for all rentals in Downtown Melrose.
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

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Explore Like a Local: The Insider's Guide to Boston
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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.