Cheap Apartments for Rent in the Mount Hood Neighborhood of Melrose, MA from $900 (152 Rentals)

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

property at 37 Crystal St

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

37 Crystal St

MelroseMA02176
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 135-137 Lynde St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Home for Rent

Available Now

135-137 Lynde St

MelroseMA02176
property at 340 Main St

$2,000 - $2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

Studio To 1 Bedroom Rentals

Available Now

340 Main St

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
Affordability

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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
Varies
1 to 2 Bedroom Apartments Available Now

Towne Estates

209 Pleasant StMelrose, MA 02176
Family Friendly
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  • Utilities Included
property at 53 Pearl St

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

2 Bedroom, 1 Bath Home for Rent

Available Now

53 Pearl St

MelroseMA02176
property at 836 Main St

$2,275

Total Monthly Price

Total Monthly Price

Base Rent
$2,275

Total Monthly Price
$2,275

2 Bedroom, 1 Bath Home for Rent

Available Now

836 Main St

MelroseMA02176
property at 11 Taylor St

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300

Total Monthly Price
$2,300

1 Bedroom, 1 Bath Home for Rent

Available Now

11 Taylor St

MelroseMA02176
property at 260 Tremont 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

260 Tremont St

MelroseMA02176
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119 West Wyoming
Studio to 2 Bedroom Apartments

119 West Wyoming

119 W Wyoming AveMelrose, MA 02176
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32 Tappan St.
Studio to 2 Bedroom Apartments

32 Tappan St.

32 Tappan StMelrose, MA 02176

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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347 Pleasant St
$1,800 - $2,100
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800 - $2,100

Total Monthly Price
$1,800 - $2,100
Studio to 1 Bedroom Apartment Available Now

347 Pleasant St

347 Pleasant StMalden, MA 02148
Affordability

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property at 70 Washington St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

Studio, 1 Bath Home for Rent

Available Now

70 Washington St

MaldenMA02148
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171 Washington St
$1,895 - $2,400
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895 - $2,400

Total Monthly Price
$1,895 - $2,400
Studio to 2 Bedroom Apartment Available Now

171 Washington St

171 Washington StMalden, MA 02148
Affordability

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Mount Hood, Melrose, MA Local Guide

Cheapest Available Mount Hood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Altitude ApartmentsStudio - UpgradeStudio,1BA$1,574
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,700

Best Value Apartments for Rent in Mount Hood, MA

As of June 06, 2026 the best value apartment in the Mount Hood area is the $0.21 price per square foot 347 Pleasant St Model at 347 Pleasant St, Unit C1-16 in the in the Ferryway neighborhood starting from $2,050. The second greatest value Mount Hood apartment is the 496 Lebanon St Model at 496 Lebanon St, Unit 3 starting at $3,300 with a $1.83 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.
347 Pleasant St, Unit C1-16347 Pleasant St1BR,1BA$0.21
496 Lebanon St, Unit 3496 Lebanon St3BR,2.5BA$1.83
41 Baker St, Unit 41 Baker Street41 Baker St4BR,1BA$1.67
56 Clayton St56 Clayton St3BR,1BA$2.57
87 Auburn St, Unit 87 Auburn Street87 Auburn St3BR,1.5BA$2.27
96 Lawrence St, Unit #396 Lawrence St2BR,1BA$1.87
108 Lyme St108 Lyme St3BR,1BA$2.75
19 Havelock St, Unit 119 Havelock St3BR,1BA$2.60
45 Almont St, Unit 45 Almont Street45 Almont St2BR,1BA$2.60
12 Mount Vernon St, Unit BASEMENT12 Mount Vernon St1BR,1BA$2.14

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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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.

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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
Mount Hood, Melrose, MA

Ranked #1

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $1,700.

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

The cheapest apartment in Mount Hood is Altitude Apartments which is listed at $1,945, while the average apartment in Mount Hood costs $3,800.

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 46 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 $267 which is $3,533 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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