Cheap Homes for Rent in Downtown Melrose Neighborhood of Melrose, MA from $1,100 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Melrose area of Melrose.

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property at 282 Main St

282 Main St, Unit 2

282 Main St
StonehamMA02180

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Showing Results 1-17, Page 1 of 1

Downtown Melrose, Melrose, MA Local Guide

Cheapest Available Downtown Melrose Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Altitude ApartmentsStudio - UpgradeStudio,1BA$1,750
Avana CliffsideA1A1BR,1BA$2,038

Best Value Apartments for Rent in Downtown Melrose, MA

As of July 31, 2025 the best value apartment in the Downtown Melrose area is the $1.99 price per square foot 208 Washington St Model at 208 Washington St, Unit #1 in the in the Ferryway neighborhood starting from $3,300. The second greatest value Downtown Melrose apartment is the 52 Crescent Ave Model at 52 Crescent Ave, Unit 1 starting at $3,299 with a $2.18 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 ListingModel NameBed/BathPrice Per Sq.Ft.
208 Washington St, Unit #1208 Washington St2BR,1.5BA$1.99
52 Crescent Ave, Unit 152 Crescent Ave3BR,1BA$2.18
99 Laurel St, Unit 199 Laurel St2BR,1BA$2.50
200 Park Terrace Dr, Unit #1200 Park Terrace Dr2BR,1BA$2.55
52 Lynde St, Unit #152 Lynde St2BR,1BA$2.28
541 Main St, Unit #4541 Main St1BR,1BA$2.30
2 Greenwood St, Unit 72 Greenwood St2BR,1BA$2.73
Gardencrest Apartments2BR/1.0BA2BR,1BA$2.72
137 W Emerson St, Unit #9137 W Emerson St1BR,1BA$2.50
13 Radcliffe Rd, Unit #113 Radcliffe Rd1BR,1BA$2.22

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Frequently Asked Questions about Downtown Melrose

What type of rentals are currently available in Downtown Melrose?

There are currently 226 Apartments for Rent in Downtown Melrose, MA with pricing that ranges from $1,700 to $12,927. There are also 83 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Melrose ranging from $1,100 to $5,995.

What is the current price range for Rental Homes in Downtown Melrose?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Melrose ranges from $1,100 to $5,995 with an average monthly rent of $3,668.

How much are larger Three and Four Bedroom Rentals in Downtown Melrose?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Melrose range from $2,525 to $12,927, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,595 to $4,995. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $4,200.

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.

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