Cheap Apartments for Rent in the Mount Hood Neighborhood of Melrose, MA from $1,200 (233 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Mount Hood 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
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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
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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
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
property at 7-9 Kneeland St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

7-9 Kneeland 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.

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180 Pleasant St
$1,800 - $2,600
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $2,600
Total Monthly Price
$1,800 - $2,600
Studio to 2 Bedroom Apartment Available Now

180 Pleasant St

180 Pleasant StMalden, MA 02148
Affordability

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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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.

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12 High St, Unit 2, Unit 2
$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

12 High St, Unit 2, Unit 2

12 High StMalden, MA 02148
Affordability

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 5

Mount Hood, Melrose, MA Local Guide

Cheapest Available Mount Hood Apartments for Rent

 

The cheapest available apartment rental in the Mount Hood area of Boston, MA is a Studio unit found at Carlyle House Apartments priced from $1,700. Altitude Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,728. Here are the most affordable Mount Hood apartments for rent in Boston, MA:

Apartment ListingModel NameBed/BathPriced From
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,700
Altitude ApartmentsStudio - PremiumStudio,1BA$1,728
Northgate ApartmentsOne Bedroom1BR,1BA$1,785

Best Value Apartments for Rent in Mount Hood, MA

As of April 22, 2026 the best value apartment in the Mount Hood 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 Mount Hood 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 Mount Hood 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
139 Sigourney St, Unit 139 Sigourney Street #2139 Sigourney St2BR,1BA$1.47
56 Clayton St56 Clayton St3BR,1BA$2.57
96 Lawrence St, Unit #396 Lawrence St2BR,1BA$1.87
110 Crescent Ave, Unit 1110 Crescent Ave3BR,1BA$2.07
28 Wolcott St, Unit 228 Wolcott St2BR,1BA$2.33
40 Grace St, Unit 140 Grace St2BR,1BA$2.20
27 W Wyoming Ave, Unit #327 W Wyoming Ave2BR,1BA$2.60
67 Washington St, Unit 10267 Washington StStudio ,1BA$2.77

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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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
Mount Hood, Melrose, MA

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Mount Hood, Melrose, MA

School data provided by Great Schools

Frequently Asked Questions about Cheap Mount Hood Apartments

What is a cheap apartment in Mount Hood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mount Hood is under $1,785.

What is the price of a cheap apartment in Mount Hood?

The cheapest apartment in Mount Hood is Northgate Apartments which is listed at $1,785, while the average apartment in Mount Hood costs $5,150.

What types of apartments are the cheapest in Mount Hood?

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 56 regular apartments in Mount Hood 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 Mount Hood?

Cheap apartments in Mount Hood have an average cost of $238 which is $4,912 cheaper than the average rent for all rentals in Mount Hood.

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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