Cheap Homes for Rent in Melrose, MA from $1,700 (158 Rentals)

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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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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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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.

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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

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property at 86 Maple St

86 Maple St

MaldenMA02148
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Melrose, MA Local Guide

Cheapest Available Melrose Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The WashingtonsTwo Bedroom Two Bath (1,100 SF)2BR,2BA$1,659
Parkwood ApartmentsStudio, non-renovatedStudio,1BA$1,700

Best Value Apartments for Rent in Melrose, MA

As of June 01, 2025 the best value apartment in the Melrose area is the $0.24 price per square foot 20 Washington Pl Model at 20 Washington Pl, Unit #114 in the in the Ferryway neighborhood starting from $2,375. The second greatest value Melrose apartment is the 22 Linden Rd Model at 22 Linden Rd starting at $2,450 with a $0.25 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
20 Washington Pl, Unit #11420 Washington Pl2BR,1BA$0.24
22 Linden Rd22 Linden Rd2BR,1BA$0.25
106 Laurel St, Unit #1106 Laurel St1BR,1BA$0.26
119 Myrtle St, Unit #1119 Myrtle St1BR,1BA$0.18
110 Laurel St, Unit #1110 Laurel St2BR,1BA$0.26
23 Essex St, Unit #423 Essex St1BR,1BA$0.15
45 Bruno St, Unit #B45 Bruno St2BR,1BA$0.22
69 Washington St, Unit #1869 Washington St1BR,1BA$0.20
137 Mills St, Unit #1137 Mills St2BR,1BA$0.26
12 Shawmut St, Unit #112 Shawmut St1BR,1BA$0.20

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 822 Apartments for Rent in Melrose, MA with pricing that ranges from $1,500 to $15,914. There are also 326 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $1,750 to $7,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose ranges from $1,750 to $7,995 with an average monthly rent of $4,493.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose range from $2,650 to $15,914, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $3,200.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.