
Cheap Homes for Rent in Melrose Highlands Neighborhood of Melrose, MA from $1,700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Melrose Highlands area of Melrose.


22 W Wyoming Ave, Unit 26

182 Central St, Unit 1

71 Montvale Ave

191 W Wyoming Ave, Unit 15

157 Franklin St, Unit 11, Unit 11
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.

20-22-22 Emerson St

15 East St, Unit #1R

177 Franklin St, Unit 2, Unit 2

21 Greenwood St

834 Main St

289 Elm St, Unit 14, Unit 14
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.
Melrose Highlands, Melrose, MA Local Guide

How much does it cost to rent a home in Melrose Highlands?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Melrose Highlands 2 Bedroom Homes for Rent | $2,735 | $2,300 | $4,200 |
| Melrose Highlands 3 Bedroom Homes for Rent | $3,720 | $2,800 | $4,500 |
| Melrose Highlands 4 Bedroom Homes for Rent | $3,950 | $3,300 | $4,750 |
| Melrose Highlands 5 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
| Melrose Highlands 6 Bedroom Homes for Rent | $5,497 | $5,497 | $5,497 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Melrose Highlands Neighborhood of Melrose, MA.
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Melrose Highlands, Melrose, MA Local Guide
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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 119 West Wyoming priced from $2,100. Towne Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,120. Here are the most affordable Melrose Highlands apartments for rent in Boston, MA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 119 West Wyoming | 1BR/1.0BA | 1BR,1BA | $2,100 |
| Towne Estates | One Bedroom One Bathroom | 1BR,1BA | $2,120 |
| Avana Cliffside | A1AG | 1BR,1BA | $2,161 |
| Corey10 | 305 | 1BR,1BA | $2,375 |
| The Devon at Weiss Farm | Studio | Studio,1BA | $2,480 |
Best Value Apartments for Rent in Melrose Highlands, MA
As of May 08, 2026 the best value apartment in the Melrose Highlands area is the $0.52 price per square foot 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 in the in the Hammersmith Village neighborhood starting from $5,150. The second greatest value Melrose Highlands apartment is the 452 Main St Model at 452 Main St, Unit 4 starting at $1,850 with a $0.19 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 452 Main St, Unit 4 | 452 Main St | 1BR,1BA | $0.19 |
| 15 Crescent Ln, Unit 15 Crescent LN Unit B | 15 Crescent Ln | 2BR,1BA | $1.56 |
| 110 Crescent Ave, Unit 1 | 110 Crescent Ave | 3BR,1BA | $2.07 |
| 68 Pleasant St, Unit #1 | 68 Pleasant St | 2BR,1BA | $2.08 |
| 27 W Wyoming Ave, Unit #3 | 27 W Wyoming Ave | 2BR,1BA | $2.60 |
| 159 Main St | 159 Main St | 2BR,2BA | $2.67 |
| APT Correlative Housing - The Coolidge | 1BR/1.0BA | 1BR,1BA | $2.81 |
| 202 Sylvan St, Unit 1st floor | 202 Sylvan St | 2BR,1BA | $2.67 |
| 40 Hurd St | 40 Hurd St | 1BR,1BA | $2.80 |
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 ArticleReal 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 ArticleQuick 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 LifestyleMelrose Highlands, Melrose, MA
Ranked #8
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Melrose Highlands, Melrose, MA
School data provided by Great Schools
Frequently Asked Questions about Melrose Highlands
What type of rentals are currently available in Melrose Highlands?
There are currently 120 Apartments for Rent in Melrose Highlands, MA with pricing that ranges from $1,700 to $12,505. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Highlands ranging from $1,725 to $25,000.
What is the current price range for Rental Homes in Melrose Highlands?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose Highlands ranges from $1,725 to $25,000 with an average monthly rent of $7,127.
How much are larger Three and Four Bedroom Rentals in Melrose Highlands?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Melrose Highlands range from $2,695 to $4,381, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $3,200.
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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