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$1,800 - $1,825
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1 Bedroom Apartment Available Mar 15Total Monthly Price
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$1,800 - $1,825
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$1,800 - $1,825
223 Essex St
223 Essex StMelrose, MA 02176
Cheap Apartments for Rent in the Downtown Melrose Neighborhood of Melrose, MA from $1,100 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Melrose area of Melrose.
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,800
Total Monthly Price
$1,800
452 Main St, Unit 1
452 Main StMelrose, MA 02176
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$1,800
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,800
Total Monthly Price
$1,800
452 Main St, Unit 1
452 Main StMelrose, MA 02176
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$1,900
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Apr 15Total Monthly Price
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$1,900
Total Monthly Price
$1,900
7 Cypress Park, Unit 3
7 Cypress ParkMelrose, MA 02176
340 Main St
MelroseMA02176
66 Lake Avenue
MelroseMA02176
18-20 N High St
MelroseMA02176
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$2,100
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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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$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, Unit 1
40 Hurd StMelrose, MA 02176
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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, Unit 1
40 Hurd 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.
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$2,120 - $2,595
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$2,120 - $2,595
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$2,120 - $2,595
Towne Estates
209 Pleasant StMelrose, MA 02176
53 Pearl St
MelroseMA02176
126 W Wyoming Ave
MelroseMA02176
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$2,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available May 1Total Monthly Price
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$2,200
Total Monthly Price
$2,200
172 Trenton St, Unit 172 Trenton St.
172 Trenton StMelrose, MA 02176
16 Beacon Pl
MelroseMA02176
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$2,300
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
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$2,300
Total Monthly Price
$2,300
40 Hurd St, Unit 1
40 Hurd StMelrose, MA 02176
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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
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$1,150
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,150
Total Monthly Price
$1,150
131 Pierce St, Unit 404
131 Pierce StMalden, MA 02148
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$1,700
Total Monthly Price12 Month Lease Term
Studio Apartment Available Sep 1Total Monthly Price
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$1,700
Total Monthly Price
$1,700
105 Washington St, Unit 110
105 Washington 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.
117 Summer St
MaldenMA02148
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$1,800 - $2,400
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available Jul 1Total Monthly Price
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$1,800 - $2,400
Total Monthly Price
$1,800 - $2,400
63 Washington St
63 Washington StMalden, MA 02148
2 Granite St
MaldenMA02148
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$1,800
Total Monthly Price12 Month Lease Term
Studio Apartment Available NowTotal Monthly Price
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$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 NowTotal Monthly Price
Base Rent
$1,800
Total Monthly Price
$1,800
85 Maple St, Unit 5
85 Maple StMalden, MA 02148
332 Salem St
MaldenMA02148
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$1,857 - $3,395
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowAltitude Apartments
211 Kennedy DrMalden, MA 02148
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$1,895 - $2,400
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartment Available NowTotal Monthly Price
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$1,895 - $2,400
Total Monthly Price
$1,895 - $2,400
171 Washington St
171 Washington StMalden, MA 02148
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$1,900
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
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$1,900
Total Monthly Price
$1,900
141 Pierce St
141 Pierce StMalden, MA 02148
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$1,980
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available Sep 1Total Monthly Price
Base Rent
$1,980
Total Monthly Price
$1,980
81 Maple St, Unit 4
81 Maple StMalden, MA 02148
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.
56 Echo St
MaldenMA02148
468 Salem St
MaldenMA02148
105 Summer St
MaldenMA02148
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$2,150 - $2,250
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityMelrose Terrace
12 Melrose TerWakefield, MA 01880
103 Summer St
MaldenMA02148
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$2,165 - $5,287
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$2,165 - $5,287
Total Monthly Price
Varies
Avana Cliffside
500 BroadwayMalden, MA 02148
107 Summer St
MaldenMA02148
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$2,2002 Bedroom Apartments Available Now
214 Washington St
214 Washington StMalden, MA 02148
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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
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$2,2001 Bedroom Apartments Available Now
200 Mountain Ave
200 Mountain AveMalden, MA 02148
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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$2,200
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
40 Grace St, Unit 1
40 Grace StMalden, MA 02148
12 Melrose Terrace
WakefieldMA01880
233 Washington St
MaldenMA02148
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$2,300
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,300
Total Monthly Price
$2,300
92 Pine St, Unit #2
92 Pine StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Mar 15
134 Summer St
134 Summer StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Aug 1
134 Summer St
134 Summer StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Sep 1
134 Summer St
134 Summer StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Sep 1
134 Summer St
134 Summer StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Apr 1
134 Summer St
134 Summer StMalden, MA 02148
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$2,3001 Bedroom Apartments Available Sep 1
134 Summer St
134 Summer StMalden, MA 02148
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.
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 | $2,167 | $1,700 | $2,560 |
| Downtown Melrose 1 Bedroom Apartments | $2,582 | $1,800 | $5,801 |
| Downtown Melrose 2 Bedroom Apartments | $3,153 | $1,150 | $7,383 |
| Downtown Melrose 3 Bedroom Apartments | $3,845 | $2,499 | $7,917 |
| Downtown Melrose 4 Bedroom Apartments | $3,756 | $3,000 | $5,200 |
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 57 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 $1,857. Myrtle Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,900. 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 | $1,857 |
| Myrtle Street | 1BR/1.0BA | 1BR,1BA | $1,900 |
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Downtown Melrose, MA
As of March 12, 2026 the best value apartment in the Downtown Melrose area is the $0.52 price per square foot 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 in the in the Hammersmith Village neighborhood starting from $5,150. The second greatest value Downtown Melrose apartment is the 452 Main St Model at 452 Main St, Unit 1 starting at $1,800 with a $0.18 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. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 592 Salem St, Unit 592SalemSt#2 | 592 Salem St | 4BR,1BA | $1.69 |
| 41 Baker St, Unit 41 | 41 Baker St | 4BR,1BA | $1.67 |
| 110 Crescent Ave, Unit 1 | 110 Crescent Ave | 3BR,1BA | $2.07 |
| 51 Claremont St, Unit 2 | 51 Claremont St | 3BR,1BA | $1.92 |
| 131 Pierce St, Unit 404 | 131 Pierce St | 2BR,1BA | $0.88 |
| 28 Wolcott St, Unit 2 | 28 Wolcott St | 2BR,1BA | $2.33 |
| 40 Grace St, Unit 1 | 40 Grace St | 2BR,1BA | $2.20 |
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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The 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 #7
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 $1,857.
How much is rent for a Cheap One Bedroom Downtown Melrose Apartment?
The lowest price for a Cheap One Bedroom Downtown Melrose Apartment is $1,900 at Myrtle Street.
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 $3,151.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.