Cheap Homes for Rent in Melrose, MA from $1,100 (32 Rentals)

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

property at 27 Webster Pl

27 Webster Pl

MaldenMA02148
property at 112 Grant Ave

112 Grant Ave

MedfordMA02155
property at 77 Rock Glen Rd

77 Rock Glen Rd, Unit 1

77 Rock Glen Rd
MedfordMA02155

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.

property at 37 Cecilian Ave

37 Cecilian Ave, Unit 1st floor

37 Cecilian Ave
RevereMA02151
property at 104 W Emerson St

104 W Emerson St, Unit 3

104 W Emerson St
MelroseMA02176

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.

property at 42 Newman Rd

42 Newman Rd, Unit #3

42 Newman Rd
MaldenMA02148
property at 428 Salem St

428 Salem St, Unit 1

428 Salem St
MaldenMA02148
property at 4 Melrose St

4 Melrose St, Unit #3

4 Melrose St
BostonMA02116
property at 96 Maple St

96 Maple St, Unit 3

96 Maple St
MaldenMA02148

Explore Like a Local: The Insider's Guide to Boston

Explore Boston like a local with our guide to neighborhoods, history, and hidden gems. Discover the city's best apartments, from historic brownstones to modern high-rises, and find your perfect Boston home.

property at 86 Maple St

86 Maple St, Unit 4

86 Maple St
MaldenMA02148
property at 10 Montrose Ave

10 Montrose Ave

WakefieldMA01880
property at 15 Washington St S

15 Washington St S, Unit 109

15 Washington St S
MaldenMA02148
property at 133 Salem St

133 Salem St

RevereMA02151

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.

Melrose, MA Local Guide

Cheapest Available Melrose Apartments for Rent

 

The cheapest available apartment rental in Melrose, MA is a Studio unit found at Carlyle House Apartments in the West Revere neighborhood priced from $1,700. 119 West Wyoming in the Greenwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,775. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,700
119 West Wyoming1BR/1.0BA1BR,1BA$1,775
Malom Trust ApartmentsStudioStudio,1BA$1,800

Best Value Apartments for Rent in Melrose, MA

As of September 10, 2025 the best value apartment in the Melrose area is the $0.58 price per square foot 27 1st St Model at 27 1st St, Unit 1 in the in the Ferryway neighborhood starting from $5,800. The second greatest value Melrose apartment is the 55 Kenmere Rd Model at 55 Kenmere Rd, Unit 1 starting at $4,300 with a $0.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
27 1st St, Unit 127 1st St4BR,4.5BA$0.58
55 Kenmere Rd, Unit 155 Kenmere Rd4BR,2BA$0.43
330 Swains Pond Ave, Unit 330330 Swains Pond Ave5BR,2.5BA$0.52
161 4th St, Unit 1161 4th St5BR,5.5BA$0.60
232 Fulton St, Unit 1232 Fulton St6BR,6.5BA$0.70
476 Fulton St, Unit 1476 Fulton St5BR,4.5BA$0.53
17 Belmont St, Unit 317 Belmont St3BR,1BA$0.30
248 Park St, Unit 2248 Park St3BR,1BA$0.32
111 Oxford St111 Oxford St3BR,2.5BA$1.70
11 Kearney St11 Kearney St4BR,2BA$1.85

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Melrose

What type of rentals are currently available in Melrose?

There are currently 567 Apartments for Rent in Melrose, MA with pricing that ranges from $1,050 to $20,854. There are also 222 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $1,100 to $7,975.

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 $1,100 to $7,975 with an average monthly rent of $4,247.

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 $2,500 to $20,854, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,650 to $5,500. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $1,050.

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.

decorative image for The 10 Best Affordable Neighborhoods in Boston, MA article

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.