37 Crystal St
MelroseMA02176
Cheap Apartments for Rent in the Downtown Melrose Neighborhood of Melrose, MA from $900 (71 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Melrose area of Melrose.
22 W Wyoming Ave, Unit 26
22 W Wyoming Ave
MelroseMA02176
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$1,850 - $1,895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$1,850 - $1,895
Total Monthly Price
$1,850 - $1,895
223 Essex St
223 Essex StMelrose, MA 02176
104 W Emerson St, Unit 3
104 W Emerson St
MelroseMA02176
191 W Wyoming Ave, Unit 4
191 W Wyoming Ave
MelroseMA02176
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$1,900 - $2,450
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,900 - $2,450
Total Monthly Price
$1,900 - $2,450
147 W Wyoming Ave
147 W Wyoming AveMelrose, MA 02176
191 W Wyoming Ave, Unit 11
191 W Wyoming Ave
MelroseMA02176
135-137 Lynde St
MelroseMA02176
340 Main St
MelroseMA02176
150 Green St
MelroseMA02176
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.
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$2,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$2,100
Total Monthly Price
$2,100
40 Hurd St
40 Hurd StMelrose, MA 02176
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Rent Specials
$2,120 - $2,595
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,120 - $2,595
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Towne Estates
209 Pleasant StMelrose, MA 02176
53 Pearl St
MelroseMA02176
836 Main St
MelroseMA02176
11 Taylor St
MelroseMA02176
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$2,375 - $2,850
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCorey10
10 Corey StMelrose, MA 02176
191 W Wyoming Ave
MelroseMA02176
189 W Wyoming Ave
MelroseMA02176
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Studio to 2 Bedroom Apartments
119 West Wyoming
119 W Wyoming AveMelrose, MA 02176
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Studio to 2 Bedroom Apartments
32 Tappan St.
32 Tappan StMelrose, MA 02176
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.
175 W Wyoming Ave
MelroseMA02176
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$9001 Bedroom Apartments Available Sep 1
28 Spring St, Unit 1
28 Spring StMalden, MA 02148
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$1,783 - $3,470
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAltitude Apartments
211 Kennedy DrMalden, MA 02148
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
85 Maple St, Unit 5
85 Maple StMalden, MA 02148
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$1,800
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
67 Washington St, Unit 102
67 Washington StMalden, MA 02148
70 Washington St
MaldenMA02148
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$1,895 - $2,400
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,895 - $2,400
Total Monthly Price
$1,895 - $2,400
171 Washington St
171 Washington StMalden, MA 02148
18 Fairview Ave
MaldenMA02148
12 Gould St
StonehamMA02180
43 Pomeworth St, Unit 34
43 Pomeworth 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.
7 Greenwood St
WakefieldMA01880
19 Spring St
StonehamMA02180
21 Spring St
StonehamMA02180
4 Melrose St, Unit #3
4 Melrose St
BostonMA02116
120 Summer St, Unit 6
120 Summer St
MaldenMA02148
120 Summer St, Unit 11
120 Summer St
MaldenMA02148
120 Summer St, Unit 10
120 Summer St
MaldenMA02148
105 Summer St
MaldenMA02148
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$2,150
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,150
Total Monthly Price
$2,150
180 Mountain Ave, Unit 14
180 Mountain AveMalden, MA 02148
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$2,1501 Bedroom Apartments Available Now
26 Porter St, Unit 3
26 Porter StMalden, MA 02148
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.
468 Salem St
MaldenMA02148
103 Summer St
MaldenMA02148
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$2,200 - $2,300
Total Monthly Price
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$2,200 - $2,300
Total Monthly Price
Varies
Melrose Terrace
12 Melrose TerWakefield, MA 01880
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Rent Specials
$2,200 - $2,850
Plus Fees
1 to 2 Bedroom Apartments Available NowMalom Trust Apartments
200 MountainMalden, MA 02148
998 Main St
WakefieldMA01880
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$2,224 - $4,879
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,224 - $4,879
Total Monthly Price
Varies
Avana Cliffside
500 BroadwayMalden, MA 02148
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$2,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Jul 1Total Monthly Price
Base Rent
$2,250
Total Monthly Price
$2,250
37 Clifton St, Unit 2BR apartment
37 Clifton StMalden, MA 02148
525 Highland Ave, Unit 45
525 Highland Ave
MaldenMA02148
233 Washington St
MaldenMA02148
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$2,3001 Bedroom Apartments Available Sep 1
134 Summer St, Unit #32
134 Summer StMalden, MA 02148
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $2,062 | $1,783 | $2,510 |
| Downtown Melrose 1 Bedroom Apartments | $2,733 | $900 | $10,000+ |
| Downtown Melrose 2 Bedroom Apartments | $3,247 | $1,900 | $10,000+ |
| Downtown Melrose 3 Bedroom Apartments | $3,616 | $2,750 | $10,000+ |
| Downtown Melrose 4 Bedroom Apartments | $8,225 | $3,150 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 71 rentals with your search options within a 2 mile radius of the Downtown Melrose Neighborhood of Melrose, MA.
See all Apartments in MelroseExplore Melrose
Downtown Melrose, Melrose, MA Local Guide
- Nearby Melrose neighborhoods
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Cheapest Available Downtown Melrose Apartments for Rent
The cheapest available apartment rental in the Downtown Melrose area of Boston, MA is a Studio unit found at Altitude Apartments priced from $1,783. Towne Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,120. Here are the most affordable Downtown Melrose apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Altitude Apartments | Studio - Premium | Studio,1BA | $1,783 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,120 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,150 |
| Malom Trust Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| Avana Cliffside | A1AG | 1BR,1BA | $2,224 |
Best Value Apartments for Rent in Downtown Melrose, MA
As of June 12, 2026 the best value apartment in the Downtown Melrose area is the $2.92 price per square foot Two Bedroom Two Bath (1,200 SF) Model at The Washingtons in the in the Hammersmith Village neighborhood starting from $3,502. The second greatest value Downtown Melrose apartment is the 23 Desmond Rd Model at 23 Desmond Rd, Unit 2 starting at $3,150 with a $2.63 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Downtown Melrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Washingtons | Two Bedroom Two Bath (1,200 SF) | 2BR,2BA | $2.92 |
| 23 Desmond Rd, Unit 2 | 23 Desmond Rd | 4BR,1BA | $2.63 |
| The Coolidge Apartments | 1BR/1.0BA | 1BR,1BA | $2.81 |
| 90 Watervale Rd, Unit Unit # 1 | 90 Watervale Rd | 2BR,1BA | $3.06 |
| 295 Lebanon St, Unit 2 | 295 Lebanon St | 2BR,1BA | $2.89 |
| 21 Mount Vernon Park, Unit 21 Mt Vernon Park | 21 Mount Vernon Park | 2BR,1BA | $2.89 |
| 40 Hurd St | 40 Hurd St | 1BR,1BA | $2.80 |
| 180 Mountain Ave, Unit Unit 14 | 180 Mountain Ave | 1BR,1BA | $3.07 |
| 67 Washington St, Unit 102 | 67 Washington St | Studio ,1BA | $2.77 |
| Altitude Apartments | Studio - Premium | Studio ,1BA | $2.97 |
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.
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Real 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.
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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.
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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 the Cheapest Studio apartment in Downtown Melrose?
Currently the most affordable Cheap Studio Apartment in Downtown Melrose is at Altitude Apartments listed at $1,783.
How much is rent for a Cheap One Bedroom Downtown Melrose Apartment?
The lowest price for a Cheap One Bedroom Downtown Melrose Apartment is $1,921 at Altitude Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Melrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Melrose is starting from $2,450 at Malom Trust Apartments.
What is the most affordable Downtown Melrose Three Bedroom Apartment?
The best deal on a cheap Downtown Melrose Three Bedroom Apartment rental is at Altitude Apartments and starts from $3,470.
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
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.
A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!
Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.
Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
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.