Cheap Homes for Rent in Melrose, MA from $1,070 (54 Rentals)

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

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$9003 Bedroom Apartments Available Sep 1

18 Beltran St

18 Beltran StMalden, MA 02148

Affordability

$1,070

Total Monthly Price15 Month Lease Term

4 Bedroom, 1.5 Bath Condo for Rent

Available Sep 1

82 Warren Ave, Unit 1

82 Warren Ave

MaldenMA02148

$1,400

1 Bedroom, 1 Bath Rentals

Available Sep 1

44 Loomis St, Unit 308A

44 Loomis St

MaldenMA02148

$1,550 - $1,750

Total Monthly Price

Studio Rentals

Available Sep 1

55 Lincoln St

MaldenMA02148

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$1,600Studio Apartments Available Sep 1

53 Fellsway W, Unit 22A

53 Fellsway WMedford, MA 02155

Affordability

$1,650

Total Monthly Price

Studio, 1 Bath Condo for Rent

Available Now

175 Ward St

RevereMA02151

$1,675

Total Monthly Price12 Month Lease Term

Studio, 1 Bath Condo for Rent

Available Now

175 Ward St, Unit 77

175 Ward St

RevereMA02151

$1,695

1 Bedroom, 1 Bath Rentals

Available Sep 1

22 W Wyoming Ave, Unit 26

22 W Wyoming Ave

MelroseMA02176

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$1,700Studio Apartments Available Sep 1

349 Pleasant St, Unit A1-5

349 Pleasant StMalden, MA 02148

Affordability

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$1,7001 Bedroom Apartments Available Oct 1

63 Fellsway W, Unit 12A

63 Fellsway WMedford, MA 02155

Affordability

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$1,700

1 Bedroom, 1 Bath Rentals

Available Oct 1

63 Fellsway W, Unit 12A

63 Fellsway W

MedfordMA02155

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$1,700Studio Apartments Available Sep 1

53 Fellsway W, Unit 15

53 Fellsway WMedford, MA 02155

Affordability

$1,750

Total Monthly Price

Studio, 1 Bath Condo for Rent

Available Sep 1

349 Pleasant StMalden, MA 02148

Affordability

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.

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$1,800

Studio, 1 Bath Rentals

Available Sep 1

349 Pleasant St, Unit A1-19

349 Pleasant St

MaldenMA02148

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$1,8001 Bedroom Apartments Available Sep 1

63 Fellsway W, Unit 3

63 Fellsway WMedford, MA 02155

Affordability

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$1,800Studio Apartments Available Sep 1

349 Pleasant St, Unit A1-19

349 Pleasant StMalden, MA 02148

Affordability

$1,800

1 Bedroom, 1 Bath Rentals

Available Oct 1

53 Fellsway W, Unit 21

53 Fellsway W

MedfordMA02155

$1,800

1 Bedroom, 1 Bath Rentals

Available Sep 1

63 Fellsway W, Unit 3

63 Fellsway W

MedfordMA02155

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$1,8001 Bedroom Apartments Available Oct 1

53 Fellsway W, Unit 21

53 Fellsway WMedford, MA 02155

Affordability

$1,800 - $2,100

Total Monthly Price

Studio To 1 Bedroom Rentals

Available Sep 1

34 Main St

MaldenMA02148

$1,850

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Now

1050 Main St

MaldenMA02148

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$1,8501 Bedroom Apartments Available Sep 1

17-19 Washington St., Unit 211

17-19-19 Washington StMalden, MA 02148

Affordability

$1,850

Total Monthly Price12 Month Lease Term

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

37 Cecilian Ave, Unit 1st floor

37 Cecilian Ave

RevereMA02151

What It Really Costs to Live in Boston: A Local Renter’s Guide

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$1,850

Studio, 1 Bath Rentals

Available Now

17-19 Washington St. 116, Unit 116

17-19 Washington St S

MaldenMA02148

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$1,850Studio Apartments Available Sep 1

53 Fellsway W, Unit 4

53 Fellsway WMedford, MA 02155

Affordability

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$1,850Studio Apartments Available Now

17-19 Washington St., Unit 116

17-19-19 Washington StMalden, MA 02148

Affordability

$1,850

1 Bedroom, 1 Bath Rentals

Available Sep 1

17-19 Washington St. 211, Unit 211

17-19 Washington St S

MaldenMA02148

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$1,8501 Bedroom Apartments Available Now

52 Newhall St, Unit 1

52 Newhall StMalden, MA 02148

Affordability

$1,875

1 Bedroom, 1 Bath Rentals

Available Oct 15

63 Fellsway W, Unit 19

63 Fellsway W

MedfordMA02155

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$1,8751 Bedroom Apartments Available Oct 15

63 Fellsway W, Unit 19

63 Fellsway WMedford, MA 02155

Affordability

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$1,900Studio Apartments Available Now

17-19 Washington St., Unit 412

17-19-19 Washington St SMalden, MA 02148

$1,900

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Now

84 Franklin St, Unit 2

84 Franklin St

StonehamMA02180

$1,900

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Now

333 Medford St

MaldenMA02148

Close to Boston, Easier to Rent: Your Guide to 5 Key Neighboring Cities

Find your perfect apartment outside Boston. We review Quincy, Braintree, Malden, Somerville, and Lynn, covering local hotspots, commute options, and available rental types.

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$1,950

Studio, 1 Bath Rentals

Available Sep 1

349 Pleasant St

MaldenMA02148

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$1,9501 Bedroom Apartments Available Sep 1

349 Pleasant St, Unit B1-25

349 Pleasant StMalden, MA 02148

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$2,0001 Bedroom Apartments Available Sep 1

822 Main St

822 Main StMelrose, MA 02176

Affordability

$2,000

Total Monthly Price

1 Bedroom, 1 Bath Home for Rent

Available Sep 1

220 Central St

StonehamMA02180

$2,000

Total Monthly Price12 Month Lease Term

1 Bedroom, 1 Bath Condo for Rent

Available Sep 15

793 Main St, Unit 3

793 Main St

MaldenMA02148

$2,100

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

180 Green St

MelroseMA02176

$2,100

Total Monthly Price

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

134 Summer St

MaldenMA02148

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$2,1001 Bedroom Apartments Available Sep 1

134 Summer St, Unit 47

134 Summer StMalden, MA 02148

$2,100

Total Monthly Price12 Month Lease Term

1 Bedroom, 1 Bath Home for Rent

Available Now

78 Sycamore St, Unit 1

78 Sycamore St

EverettMA02149

$2,100

Total Monthly Price12 Month Lease Term

1 Bedroom, 1 Bath Rentals

Available Sep 1

20 Daniels St, Unit 115

20 Daniels St

MaldenMA02148

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.

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Showing Results 1-50, Page 1 of 2

Melrose, MA Local Guide

How much does it cost to rent a home in Melrose?

Bedroom	Average Price	Cheapest Price	Highest Price
Melrose 2 Bedroom Homes for Rent	$2,902	$2,200	$4,200
Melrose 3 Bedroom Homes for Rent	$3,632	$2,695	$5,600
Melrose 4 Bedroom Homes for Rent	$4,000	$1,070	$5,500
Melrose 5 Bedroom Homes for Rent	$6,854	$4,000	$10,000+
Melrose 6 Bedroom Homes for Rent	$6,995	$6,995	$6,995

Browse Top Homes for Rent in Melrose

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Melrose, MA Local Guide

Melrose Neighborhoods
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Cheapest Available Melrose Apartments for Rent

The cheapest available apartment rental in Melrose, MA is a Studio unit found at Altitude Apartments in the East Saugus neighborhood priced from $1,837. Myrtle Street in the Ferryway neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,895. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment Listing	Model Name	Bed/Bath	Priced From
Altitude Apartments	Studio - Premium	Studio,1BA	$1,837
Myrtle Street	1BR/1.0BA	1BR,1BA	$1,895
APTS in Everett, Malden, Chelsea & Boston	50 High	1BR,1BA	$1,900
119 West Wyoming	1BR/1.0BA	1BR,1BA	$1,950

Best Value Apartments for Rent in Melrose, MA

As of August 21, 2026 the best value apartment in the Melrose area is the $0.23 price per square foot 197 Clifton St Model at 197 Clifton St, Unit Clifton in the in the Ferryway neighborhood starting from $2,300. The second greatest value Melrose apartment is the 15 Belmont St Model at 15 Belmont St, Unit 1 starting at $2,800 with a $0.28 price per square foot in the Ferryway neighborhood. Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment Listing	Model Name	Bed/Bath	Price Per Sq.Ft.
197 Clifton St, Unit Clifton	197 Clifton St	1BR,1BA	$0.23
15 Belmont St, Unit 1	15 Belmont St	3BR,1BA	$0.28
23 Rendall Pl, Unit 2	23 Rendall Pl	4BR,2BA	$2.00
9 Durso Ave, Unit 2	9 Durso Ave	2BR,1BA	$1.88
7 Tufts St, Unit 1	7 Tufts St	2BR,1BA	$2.29
827 Main St, Unit 1	827 Main St	2BR,1BA	$2.30
218 Elm St, Unit 218 Elm St Apt 2	218 Elm St	2BR,1BA	$2.20
12 Mount Vernon St, Unit BASEMENT	12 Mount Vernon St	1BR,1BA	$2.29
14 Brogan Rd, Unit 2	14 Brogan Rd	1BR,1BA	$1.79
85 High St, Unit 1	85 High St	3BR,1BA	$1.67

Boston Neighborhood Guide: Living Near UMass, MGH, and State Street

Get the local scoop! ApartmentHomeLiving's Boston Expert reveals the best neighborhoods to rent for employees of UMass Boston, Mass General Hospital, State Street, and more.

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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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Top Neighborhoods Near Boston Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Boston, MA | Find Boston Off-Campus Student Housing at ApartmentHomeLiving.com

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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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Quick 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 Lifestyle

Ranked #

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

6 out of 10

School data provided by Great Schools

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Location, Location, Location!

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 533 Apartments for Rent in Melrose, MA with pricing that ranges from $900 to $19,900. There are also 258 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $1,070 to $15,000.

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 $1,070 to $15,000 with an average monthly rent of $3,410.

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 $900 to $6,409, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,695 to $5,600. Four Bedroom Single-Family rentals are also available starting from $1,070 and Four Bedroom Apartments start at $3,000.

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.