Cheap Apartments for Rent in the Melrose Highlands Neighborhood of Melrose, MA from $1,500 (34 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Melrose Highlands area of Melrose.

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452 Main St, Unit 4, Unit 4
$1,850
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850
1 Bedroom Apartment Available Now

452 Main St, Unit 4, Unit 4

452 Main StMelrose, MA 02176
Cost Per Sq.Ft.
  • Smoke Free
property at 66 Lake Avenue

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Now

66 Lake Avenue

MelroseMA02176

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.

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40 Hurd St
$2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100
1 Bedroom Apartment Available Now

40 Hurd St

40 Hurd StMelrose, MA 02176
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Towne Estates
Rent Specials
$2,120 - $2,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,120 - $2,595

Total Monthly Price
$2,120 - $2,595
1 to 2 Bedroom Apartments Available Now

Towne Estates

209 Pleasant StMelrose, MA 02176
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 53 Pearl St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom, 1 Bath Home for Rent

Available Now

53 Pearl St

MelroseMA02176
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135 Lynde St, Unit 1, Unit 1
$2,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150
1 Bedroom Apartment Available Apr 30

135 Lynde St, Unit 1, Unit 1

135 Lynde StMelrose, MA 02176
  • Smoke Free

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 189 W Wyoming Ave

$1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom Rentals

Available Jun 1

189 W Wyoming Ave

MelroseMA02176
property at 340 Main St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

340 Main St

MelroseMA02176
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32 Tappan St.
Studio to 2 Bedroom Apartments

32 Tappan St.

32 Tappan StMelrose, MA 02176
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Windsor Radio Factory
Studio to 3 Bedroom Apartments

Windsor Radio Factory

1000 Stone PlMelrose, MA 02176
  • Utilities Included
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119 West Wyoming
Studio to 2 Bedroom Apartments

119 West Wyoming

119 W Wyoming AveMelrose, MA 02176
property at 4 Nixon Ln

$1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

1 Bedroom, 1 Bath Condo for Rent

Available Jun 1

4 Nixon Ln, Unit 2, Unit 2

4 Nixon Ln
StonehamMA02180

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.

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Avana Cliffside
Rent Specials
$2,176 - $4,329
Total Monthly Price

Total Monthly Price

Base Rent
$2,176 - $4,329

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Avana Cliffside

500 BroadwayMalden, MA 02148
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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9 Stark Ave, Unit 1, Unit 1
$2,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200
2 Bedroom Apartment Available May 1

9 Stark Ave, Unit 1, Unit 1

9 Stark AveWakefield, MA 01880
Cost Per Sq.Ft.
  • Smoke Free
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Stoneham House
Studio to 2 Bedroom Apartments

Stoneham House

180-222 Central StStoneham, MA 02180
  • Utilities Included
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7 Falmouth St
1 Bedroom Apartments

7 Falmouth St

7 Falmouth StSaugus, MA 01906
  • Utilities Included
  • Smoke Free
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30 Howard St
1 to 2 Bedroom Apartments

30 Howard St

30 Howard StSaugus, MA 01906
  • Utilities Included
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411 Main St
1 to 2 Bedroom Apartments

411 Main St

411 Main StStoneham, MA 02180
  • Utilities Included
property at 71 Montvale Ave

$1,975 - $2,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

1 To 2 Bedroom Rentals

Available Now

71 Montvale Ave

StonehamMA02180

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.

property at 177 Franklin St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom, 1 Bath Condo for Rent

Available Now

177 Franklin St, Unit 2, Unit 2

177 Franklin St
StonehamMA02180

Melrose Highlands, Melrose, MA Local Guide

Cheapest Available Melrose Highlands Apartments for Rent

 

The cheapest available apartment rental in the Melrose Highlands area of Boston, MA is a 1 Bed unit found at Towne Estates priced from $2,120. Avana Cliffside has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,219. Here are the most affordable Melrose Highlands apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Towne EstatesOne Bedroom One Bathroom1BR,1BA$2,120
Avana CliffsideA1BG1BR,1BA$2,219
Corey103051BR,1BA$2,375
Windsor Radio FactoryS3 - LoftsStudio,1BA$2,447
The Devon at Weiss FarmStudioStudio,1BA$2,460
Emerson Arms ApartmentsTwo Bedroom2BR,1BA$2,600

Best Value Apartments for Rent in Melrose Highlands, MA

As of April 26, 2026 the best value apartment in the Melrose Highlands area is the $0.19 price per square foot 452 Main St Model at 452 Main St, Unit 4 in the in the Hammersmith Village neighborhood starting from $1,850. The second greatest value Melrose Highlands apartment is the 15 Crescent Ln Model at 15 Crescent Ln, Unit 15 Crescent LN Unit B starting at $3,000 with a $1.56 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Melrose Highlands apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
452 Main St, Unit 4452 Main St1BR,1BA$0.19
15 Crescent Ln, Unit 15 Crescent LN Unit B15 Crescent Ln2BR,1BA$1.56
110 Crescent Ave, Unit 1110 Crescent Ave3BR,1BA$2.07
68 Pleasant St, Unit #168 Pleasant St2BR,1BA$2.08
159 Main St159 Main St2BR,2BA$2.67
APT Correlative Housing - The Coolidge1BR/1.0BA1BR,1BA$2.92
295 Lebanon St, Unit 2295 Lebanon St2BR,1BA$2.89
40 Hurd St40 Hurd St1BR,1BA$2.80
40 Hurd St, Unit 140 Hurd St1BR,1BA$2.80
Avana CliffsideA1BR1BR,1BA$3.11

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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.

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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.

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Pet Friendly Lifestyle
Melrose Highlands, Melrose, MA

Ranked #8

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Melrose Highlands Apartments

What is a cheap apartment in Melrose Highlands?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Melrose Highlands is under $2,600.

What is the price of a cheap apartment in Melrose Highlands?

The cheapest apartment in Melrose Highlands is Towne Estates which is listed at $2,120, while the average apartment in Melrose Highlands costs $5,150.

What types of apartments are the cheapest in Melrose Highlands?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Melrose Highlands that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Melrose Highlands?

Cheap apartments in Melrose Highlands have an average cost of $614 which is $4,536 cheaper than the average rent for all rentals in Melrose Highlands.

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.

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