
Luxury Homes for Rent in Downtown Melrose Neighborhood of Melrose, MA (54 Rentals)
The most luxurious Homes in the Downtown Melrose area of Melrose with high-end amenities, features, and finishes.


977 Main St

137 Green St, Unit 2

3 Mt Vernon St

824 Main St

126 Green St

9 Cottage Park

76 Lynde Ave

59 Park St

569 Franklin St
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.

46 Goss Ave

76 Granite St

1117 Main St, Unit 1

289 Elm St, Unit 14

13 Garden St

40 Sturges St, Unit 1

295 W Wyoming Ave, Unit 1A

20 Holmes St, Unit 2

209 Washington St

841 Fellsway W
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.

64 Newcomb Rd

Total Monthly Price
3 Chapel Way, Unit SI ID1387521P

36 Gould St

134 Summer St, Unit #44

11 Kenmore Rd, Unit 2

134 Summer St, Unit 44

134 Summer St, Unit 5

258 Broadway, Unit 3rd Floor

62 Crestview Dr

674 Main St, Unit 2
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.

101 Waite St

87 Cedar St

28 Durso Ave

27 Alpine St

95 Clifton St

141 Pierce St

61 Wright St

24 Blaine St

45 Loomis St

57 Beltran St
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.

661 Main St

7 Pine St

465 Fellsway E

1 Rockingham Ave

205 Mountain Ave

72 Cedar Rd N

17 St Denis Ave

1318 Salem St

6 Philips Rd

50 Belle Ave
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
Downtown Melrose, Melrose, MA Local Guide

How much does it cost to rent a home in Downtown Melrose?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Downtown Melrose 2 Bedroom Homes for Rent | $2,955 | $2,395 | $4,950 |
| Downtown Melrose 3 Bedroom Homes for Rent | $3,838 | $2,400 | $6,500 |
| Downtown Melrose 4 Bedroom Homes for Rent | $4,387 | $3,150 | $5,500 |
| Downtown Melrose 5 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Homes for Rent 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.
Explore Melrose
Downtown Melrose, Melrose, MA Local Guide
- Nearby Melrose neighborhoods
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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.
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.
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 Downtown Melrose
What type of rentals are currently available in Downtown Melrose?
There are currently 216 Apartments for Rent in Downtown Melrose, MA with pricing that ranges from $900 to $31,500. There are also 84 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Melrose ranging from $1,750 to $25,000.
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 $1,750 to $25,000 with an average monthly rent of $6,695.
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 $2,750 to $12,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $6,500. Four Bedroom Single-Family rentals are also available starting from $3,150 and Four Bedroom Apartments start at $3,150.
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.