104 W Emerson St, Unit 5a
104 W Emerson St
MelroseMA02176
Cheap Apartments for Rent in the Downtown Melrose Neighborhood of Melrose, MA from $900 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Melrose area of Melrose.
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$1,850
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,850
Total Monthly Price
$1,850
223 Essex St, Unit 1
223 Essex StMelrose, MA 02176
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$1,900 - $2,300
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartment Available Aug 1Total Monthly Price
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$1,900 - $2,300
Total Monthly Price
$1,900 - $2,300
147 W Wyoming Ave
147 W Wyoming AveMelrose, MA 02176
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$2,095
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now119 West Wyoming
119 W Wyoming AveMelrose, MA 02176
150 Green St
MelroseMA02176
340 Main St, Unit 609
340 Main St
MelroseMA02176
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$2,170 - $2,595
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,170 - $2,595
Total Monthly Price
$2,170 - $2,595
Towne Estates
209 Pleasant StMelrose, MA 02176
836 Main St
MelroseMA02176
53 Pearl St
MelroseMA02176
822 Main St
MelroseMA02176
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
189 W Wyoming Ave, Unit 31
189 W Wyoming Ave
MelroseMA02176
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$2,375 - $2,850
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowCorey10
10 Corey StMelrose, MA 02176
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Studio Apartments
232 Tremont St
232 Tremont StMelrose, MA 02176
98 Grove St
MelroseMA02176
340 Main St
MelroseMA02176
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Studio to 2 Bedroom Apartments
32 Tappan St.
32 Tappan StMelrose, MA 02176
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$9753 Bedroom Apartments Available Sep 1
18 Beltran St
18 Beltran StMalden, MA 02148
135 Clifton St
MaldenMA02148
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$1,750
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Jul 31Total Monthly Price
Base Rent
$1,750
Total Monthly Price
$1,750
2 Park Ave, Unit 1
2 Park AveMalden, MA 02148
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$1,795 - $2,400
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,795 - $2,400
Total Monthly Price
$1,795 - $2,400
171 Washington St
171 Washington StMalden, MA 02148
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
8 Rockwell Terrace
MaldenMA02148
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$1,825
Total Monthly Price12 Month Lease Term
Studio Apartment Available Aug 1Total Monthly Price
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$1,825
Total Monthly Price
$1,825
67 Washington St, Unit 102
67 Washington StMalden, MA 02148
12 Gould St
StonehamMA02180
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$1,900
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,900
Total Monthly Price
$1,900
85 Maple St, Unit 5
85 Maple StMalden, MA 02148
19 Spring St
StonehamMA02180
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$2,023 - $2,871
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAltitude Apartments
211 Kennedy DrMalden, MA 02148
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$2,1001 Bedroom Apartments Available Sep 1
134 Summer St, Unit 32
134 Summer StMalden, MA 02148
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$2,100
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
157 Franklin St, Unit #B2
157 Franklin StStoneham, MA 02180
85 Oliver St
MaldenMA02148
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$2,1501 Bedroom Apartments Available Now
26 Porter St, Unit 3
26 Porter StMalden, MA 02148
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
44 Spring St
MaldenMA02148
105 Summer St
MaldenMA02148
103 Summer St
MaldenMA02148
525 Highland Ave, Unit 45
525 Highland Ave
MaldenMA02148
525 Highland Ave, Unit 45
525 Highland Ave
MaldenMA02148
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$2,200 - $2,850
Plus Fees
1 to 2 Bedroom Apartments Available NowMalom Trust Apartments
200 MountainMalden, MA 02148
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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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$2,2501 Bedroom Apartments Available Sep 1
134 Summer St, Unit 4
134 Summer StMalden, MA 02148
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$2,2501 Bedroom Apartments Available Sep 1
134 Summer St, Unit #4
134 Summer StMalden, MA 02148
21 Myrtle St, Unit 5
21 Myrtle St
MaldenMA02148
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.
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$2,295 - $2,495
Plus Fees
2 Bedroom Apartments Available Now30 Pomeworth Street
30 Pomeworth StStoneham, MA 02180
70 Washington St
MaldenMA02148
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$2,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available Aug 15Total Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
827 Main St, Unit 1
827 Main StMalden, MA 02148
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$2,361 - $19,525
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,361 - $19,525
Total Monthly Price
Varies
Avana Cliffside
500 BroadwayMalden, MA 02148
25 Hanover St
MaldenMA02148
30 Collins Ave
SaugusMA01906
28 Spring St
MaldenMA02148
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1 to 2 Bedroom Apartments
30 Howard St
30 Howard StSaugus, MA 01906
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1 to 2 Bedroom Apartments
101-109 Summer Street
101-109 Summer StMalden, MA 02148
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Studio to 1 Bedroom Apartments
Broadway Apartments
246 BroadwayMalden, MA 02148
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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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 | $2,142 | $1,700 | $2,573 |
| Downtown Melrose 1 Bedroom Apartments | $2,837 | $1,750 | $10,000+ |
| Downtown Melrose 2 Bedroom Apartments | $3,633 | $2,175 | $10,000+ |
| Downtown Melrose 3 Bedroom Apartments | $3,584 | $975 | $10,000+ |
| Downtown Melrose 4 Bedroom Apartments | $5,395 | $3,000 | $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 54 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
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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 $2,023. 119 West Wyoming has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,095. 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 | $2,023 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,095 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,170 |
| Malom Trust Apartments | 1 Bedroom | 1BR,1BA | $2,200 |
| 30 Pomeworth Street | 2BR/1.0BA | 2BR,1BA | $2,295 |
| Corey10 | 305 | 1BR,1BA | $2,375 |
| Avalon Saugus | SM04 | Studio,1BA | $2,417 |
Best Value Apartments for Rent in Downtown Melrose, MA
As of July 28, 2026 the best value apartment in the Downtown Melrose area is the $1.67 price per square foot 41 Baker St Model at 41 Baker St, Unit 41 Baker Street in the in the Ferryway neighborhood starting from $3,000. The second greatest value Downtown Melrose apartment is the 722 Highland Ave Model at 722 Highland Ave, Unit 2 starting at $3,000 with a $2.31 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. |
|---|---|---|---|
| 41 Baker St, Unit 41 Baker Street | 41 Baker St | 4BR,1BA | $1.67 |
| 722 Highland Ave, Unit 2 | 722 Highland Ave | 3BR,2BA | $2.31 |
| Avana Cliffside | B2C | 2BR,2BA | $2.96 |
| 32 Pond St, Unit 2w | 32 Pond St | 2BR,1BA | $2.45 |
| 32 Pond St, Unit 2 | 32 Pond St | 2BR,1BA | $2.45 |
| 27 W Wyoming Ave, Unit #3 | 27 W Wyoming Ave | 2BR,1BA | $2.60 |
| APT Correlative Housing - The Coolidge | 1BR/1.0BA | 1BR,1BA | $2.74 |
| 30 Pomeworth Street | 2BR/1.0BA | 2BR,1BA | $2.81 |
| 977 Main St, Unit #18 | 977 Main St | 2BR,1BA | $3.17 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $3.00 |
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 #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
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 $2,023.
How much is rent for a Cheap One Bedroom Downtown Melrose Apartment?
The lowest price for a Cheap One Bedroom Downtown Melrose Apartment is $2,095 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 $2,295 at 30 Pomeworth Street.
What is the most affordable Downtown Melrose Three Bedroom Apartment?
The best deal on a cheap Downtown Melrose Three Bedroom Apartment rental is at The Residences at Stevens Pond and starts from $3,682.
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.
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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.