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$1,725
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,725
Total Monthly Price
$1,725
223 Essex St, Unit 4
223 Essex StMelrose, MA 02176
Cheap Apartments for Rent in the Downtown Melrose Neighborhood of Melrose, MA from $1,600 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Melrose area of Melrose.
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$1,825 - $1,900
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now119 West Wyoming
119 W Wyoming AveMelrose, MA 02176
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$1,895
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,895
Total Monthly Price
$1,895
283 Vinton St, Unit A
283 Vinton StMelrose, MA 02176
99 Essex St
MelroseMA02176
513-517-517 Franklin St
MelroseMA02176
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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
Total Monthly Price
$2,120 - $2,595
Towne Estates
209 Pleasant StMelrose, MA 02176
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$2,150
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$2,150
Total Monthly Price
$2,150
512 Franklin St, Unit A
512 Franklin StMelrose, MA 02176
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$2,200
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$2,200
Total Monthly Price
$2,200
5 Howard St, Unit 1
5 Howard 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.
51 Lynde St
MelroseMA02176
16 Beacon Pl
MelroseMA02176
524 Main St
MelroseMA02176
51 Melrose St
MelroseMA02176
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$2,400 - $2,650
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCorey10
10 Corey StMelrose, MA 02176
288 Main St
MelroseMA02176
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107 Summer St
MaldenMA02148
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$1,775 - $3,425
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAltitude Apartments
211 Kennedy DrMalden, 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.
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Dec 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 - $2,850
Plus Fees
Studio to 2 Bedroom Apartments Available NowMalom Trust Apartments
200 MountainMalden, 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
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Dec 1Total Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
186 Broadway, Unit 2
186 BroadwayMalden, MA 02148
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$1,950
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,950
Total Monthly Price
$1,950
171 Washington St, Unit 316
171 Washington StMalden, MA 02148
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$2,000
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,000
Total Monthly Price
$2,000
51 Granville Ave, Unit 3
51 Granville AveMalden, MA 02148
25 Porter St
MaldenMA02148
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Rent Specials
$2,080 - $5,870
Plus Fees
Studio to 2 Bedroom Apartments Available NowThe Emery at Overlook Ridge
21 Quarry LnMalden, MA 02148
577 Highland Ave
MaldenMA02148
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.
121 Franklin St
StonehamMA02180
109 Summer St
MaldenMA02148
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$2,150
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityGardencrest Apartments
1077 Main StWakefield, MA 01880
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Rent Specials
$2,180 - $3,430
Plus Fees
Studio to 2 Bedroom Apartments Available NowAvalon Saugus
861 BroadwaySaugus, MA 01906
45 Princeton Rd
MaldenMA02148
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Rent Specials
$2,247 - $5,219
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,247 - $5,219
Total Monthly Price
$2,247 - $5,219
The Devon at Weiss Farm
168 Franklin StStoneham, MA 02180
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$2,250 - $2,350
Plus Fees
1 Bedroom Apartments Available Dec 15Melrose Terrace
12 Melrose TerWakefield, MA 01880
46 Home St
MaldenMA02148
233 Washington St
MaldenMA02148
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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$2,343 - $5,480
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,343 - $5,480
Total Monthly Price
$2,343 - $5,480
The Residences at Stevens Pond
1 Founders WaySaugus, MA 01906
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$2,350
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,350
Total Monthly Price
$2,350
72 Wyoming Ave, Unit #1
72 Wyoming AveMalden, MA 02148
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$2,350
Total Monthly Price9 Month Lease Term
2 Bedroom Apartment Available Nov 15Total Monthly Price
Base Rent
$2,350
Total Monthly Price
$2,350
1 Maude St, Unit #3
1 Maude StMalden, MA 02148
228 Main St
StonehamMA02180
30 Collins Ave
SaugusMA01906
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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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Showing Results 1-47, Page 1 of 1
Downtown Melrose, Melrose, MA Local Guide
fall in downtown Meltose by walknboston is licensed under CC BY 2.0
How much does it cost to rent an apartment in Downtown Melrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Melrose Studio Apartments | $2,250 | $1,775 | $2,690 |
| Downtown Melrose 1 Bedroom Apartments | $2,614 | $1,725 | $8,720 |
| Downtown Melrose 2 Bedroom Apartments | $3,513 | $2,050 | $10,000+ |
| Downtown Melrose 3 Bedroom Apartments | $4,421 | $2,700 | $10,000+ |
| Downtown Melrose 4 Bedroom Apartments | $3,690 | $3,000 | $4,250 |
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 47 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 $1,775. 119 West Wyoming has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,825. 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 | $1,775 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $1,825 |
| The Emery at Overlook Ridge | S1 | Studio,1BA | $2,080 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,120 |
Best Value Apartments for Rent in Downtown Melrose, MA
As of November 03, 2025 the best value apartment in the Downtown Melrose area is the $0.38 price per square foot 27 Ridge Hill Ave Model at 27 Ridge Hill Ave, Unit 27 in the in the Hammersmith Village neighborhood starting from $3,800. The second greatest value Downtown Melrose apartment is the 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 starting at $5,150 with a $0.52 price per square foot in the Hammersmith Village 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. |
|---|---|---|---|
| 27 Ridge Hill Ave, Unit 27 | 27 Ridge Hill Ave | 3BR,2BA | $0.38 |
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 5 Howard St, Unit 1 | 5 Howard St | 1BR,1BA | $0.22 |
| 7 Cypress Park, Unit 1 | 7 Cypress Park | 4BR,2BA | $1.45 |
| 11 Knollin St, Unit 2 | 11 Knollin St | 4BR,2BA | $2.09 |
| 41 Baker St, Unit 41 | 41 Baker St | 4BR,1BA | $1.94 |
| 154 Mount Vernon St, Unit 2 | 154 Mount Vernon St | 3BR,1BA | $2.27 |
| APT Correlative Housing - The Coolidge | 2BR/2.0BA | 2BR,2BA | $2.23 |
| 12 Gilbert Ct, Unit 12 | 12 Gilbert Ct | 2BR,1BA | $2.33 |
| 51 Granville Ave, Unit 3 | 51 Granville Ave | 1BR,1BA | $2.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
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Pet Friendly LifestyleDowntown Melrose, Melrose, MA
Ranked #6
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
Getting Around the Downtown Melrose Neighborhood in Melrose, MA
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
51 / 100
Bikeable
Some bike infrastructure
Transit Score®
37 / 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 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 $1,775.
How much is rent for a Cheap One Bedroom Downtown Melrose Apartment?
The lowest price for a Cheap One Bedroom Downtown Melrose Apartment is $1,825 at 119 West Wyoming.
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 $2,495 at Towne Estates.
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 $3,410.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.