Cheap Homes for Rent in Melrose Highlands Neighborhood of Melrose, MA from $1,600 (9 Rentals)

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

property at 340 Main St

$1,600 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

Studio To 1 Bedroom Rentals

Available Now

340 Main St

MelroseMA02176
property at 223 Essex St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

1 Bedroom, 1 Bath Condo for Rent

Available Now

223 Essex St

MelroseMA02176
property at 104 W Emerson St

$1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1 Bath Townhome for Rent

Available Apr 1

104 W Emerson St, Unit 4

104 W Emerson St
MelroseMA02176

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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 890 Highland Ave

$2,000

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Apr 9

890 Highland Ave

MedfordMA02155
property at 200 Park Terrace Dr

$2,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

200 Park Terrace Dr, Unit 222

200 Park Terrace Dr
StonehamMA02180
property at 71 Montvale Ave

$2,075

Total Monthly Price

Total Monthly Price

Base Rent
$2,075

Total Monthly Price
$2,075

2 Bedroom, 1 Bath Condo for Rent

Available Now

71 Montvale Ave

StonehamMA02180

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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 40 Hurd 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

40 Hurd St

MelroseMA02176

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 Melrose Terrace 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 ListingModel NameBed/BathPriced From
Melrose Terrace1 Bedroom1BR,1BA$2,100
Towne EstatesOne Bedroom One Bathroom1BR,1BA$2,120
The Devon at Weiss FarmStudioStudio,1BA$2,277

Best Value Apartments for Rent in Melrose Highlands, MA

As of February 01, 2026 the best value apartment in the Melrose Highlands area is the $1.83 price per square foot 496 Lebanon St Model at 496 Lebanon St, Unit 3 in the in the Hammersmith Village neighborhood starting from $3,300. The second greatest value Melrose Highlands apartment is the 110 Crescent Ave Model at 110 Crescent Ave, Unit 1 starting at $2,695 with a $2.07 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.
496 Lebanon St, Unit 3496 Lebanon St3BR,2.5BA$1.83
110 Crescent Ave, Unit 1110 Crescent Ave3BR,1BA$2.07
68 High St, Unit 268 High St2BR,1BA$2.48
159 Main St159 Main St2BR,2BA$2.67
15 Landers Rd, Unit B15 Landers RdStudio ,1BA$2.50
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
40 Hurd St, Unit 140 Hurd St1BR,1BA$2.80
Melrose Terrace1 Bedroom1BR,1BA$2.83

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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 #2

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Melrose Highlands

What type of rentals are currently available in Melrose Highlands?

There are currently 125 Apartments for Rent in Melrose Highlands, MA with pricing that ranges from $1,725 to $19,912. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose Highlands ranging from $1,600 to $4,000.

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 $1,600 to $4,000 with an average monthly rent of $2,430.

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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