Cheap Homes for Rent in Melrose East Side Neighborhood of Melrose, MA from $1,700 (38 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 39-41-41 Columbia St

$1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Condo for Rent

Available Now

39-41-41 Columbia St, Unit 5

39-41-41 Columbia St
MaldenMA02148
property at 104 W Emerson St

$1,850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Townhome for Rent

Available Sep 1

104 W Emerson St, Unit 3

104 W Emerson St
MelroseMA02176
property at 20 Chestnut St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Condo for Rent

Available Now

20 Chestnut St

MaldenMA02148

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 166 Salem St

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

166 Salem St, Unit B2

166 Salem St
MaldenMA02148
property at 4 Melrose St

$2,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio, 1 Bath Condo for Rent

Available Now

4 Melrose St, Unit #3

4 Melrose St
BostonMA02116
property at 5 Dexter St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

5 Dexter St

MaldenMA02148

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.

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.

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.

Melrose East Side, Melrose, MA Local Guide

Cheapest Available Melrose East Side Apartments for Rent

 

The cheapest available apartment rental in the Melrose East Side area of Boston, MA is a Studio unit found at Altitude Apartments priced from $1,783. The Chase at Overlook Ridge has the second lowest priced unit, which is a Studio apartment currently listed from $1,973. Here are the most affordable Melrose East Side apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Altitude ApartmentsStudio - PremiumStudio,1BA$1,783
The Chase at Overlook RidgeDesign EA - WStudio,1BA$1,973
Towne EstatesOne Bedroom One Bathroom1BR,1BA$2,120
Malom Trust Apartments1 Bedroom1BR,1BA$2,200
Avana CliffsideA1EG1BR,1BA$2,215
Arrive MaldenFayetteStudio,1BA$2,229
Malden TowersOne Bedroom1BR,1BA$2,250

Best Value Apartments for Rent in Melrose East Side, MA

As of June 18, 2026 the best value apartment in the Melrose East Side area is the $2.19 price per square foot 23 Rendall Pl Model at 23 Rendall Pl, Unit 2 in the in the Hammersmith Village neighborhood starting from $3,950. The second greatest value Melrose East Side apartment is the Two Bedroom Two Bath (1,200 SF) Model at The Washingtons starting at $3,506 with a $2.92 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Melrose East Side apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
23 Rendall Pl, Unit 223 Rendall Pl4BR,2BA$2.19
The WashingtonsTwo Bedroom Two Bath (1,200 SF)2BR,2BA$2.92
The Coolidge Apartments1BR/1.0BA1BR,1BA$2.81
295 Lebanon St, Unit 2295 Lebanon St2BR,1BA$2.89
21 Mount Vernon Park, Unit 21 Mt Vernon Park21 Mount Vernon Park2BR,1BA$2.89
Essex Landing SaugusOne Bedroom1BR,1BA$2.78
Malden Gardens11BR,2BA$2.96
Malden TowersOne Bedroom1BR,1.5BA$2.98
40 Hurd St40 Hurd St1BR,1BA$2.80
Altitude ApartmentsStudio - PremiumStudio ,1BA$2.97

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.

Read Article
Decorative image

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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Melrose East Side, Melrose, MA

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Melrose East Side

What type of rentals are currently available in Melrose East Side?

There are currently 246 Apartments for Rent in Melrose East Side, MA with pricing that ranges from $900 to $31,500. There are also 107 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose East Side ranging from $1,700 to $25,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose East Side ranges from $1,700 to $25,000 with an average monthly rent of $6,652.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose East Side range from $2,800 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $4,950. Four Bedroom Single-Family rentals are also available starting from $3,150 and Four Bedroom Apartments start at $2,895.

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

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 A Local Experts Guide to the Top Boston Neighborhoods for College Renters article

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!

decorative image for Explore Like a Local: The Insider's Guide to Boston article

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.

decorative image for Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street article

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.