Cheap Apartments for Rent in the Mount Hood Neighborhood of Melrose, MA from $1,600 (92 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

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

1 Bedroom, 1 Bath Home for Rent

Available Now

37 Crystal St

MelroseMA02176
property at 10 Chestnut 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

10 Chestnut St

MelroseMA02176
property at 513-517-517 Franklin St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

2 Bedroom, 1 Bath Home for Rent

Available Now

property at 150 Green St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

1 Bedroom, 1 Bath Home for Rent

Available Now

150 Green 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
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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
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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

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 288 Main 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

288 Main St

MelroseMA02176
property at 126 W Wyoming Ave

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400

Total Monthly Price
$2,400

2 Bedroom Rentals

Available Now

126 W Wyoming Ave

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
property at 195 Pleasant St

$1,670

Total Monthly Price

Total Monthly Price

Base Rent
$1,670

Total Monthly Price
$1,670

1 Bedroom, 1 Bath Home for Rent

Available Now

195 Pleasant St

MaldenMA02148

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 107 Summer St

$1,750 - $2,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom Rentals

Available Now

107 Summer St

MaldenMA02148
property at 2 Granite St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Now

2 Granite St

MaldenMA02148

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 Chase at Overlook Ridge, East
$1,953 - $3,056
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,908 - $3,011
Required Monthly Fees
$45

Total Monthly Price
$1,953 - $3,056
Studio to 2 Bedroom Apartments Available Now

The Chase at Overlook Ridge, East

11 Overlook Ridge DrRevere, MA 02151
Affordability
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  • Customer Reviewed
  • 3D Tour

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 103 Summer St

$1,975 - $2,185

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

1 Bedroom Rentals

Available Now

103 Summer St

MaldenMA02148
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23 Benner Ave, Unit #1
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

23 Benner Ave, Unit #1

23 Benner AveMalden, MA 02148
Affordability
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333 Central St, Unit 1 h
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

333 Central St, Unit 1 h

333 Central StSaugus, MA 01906
Affordability
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property at 53 Lantern Rd

$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

53 Lantern Rd

RevereMA02151
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15 Bowman St, Unit #1
$2,000
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000
1 Bedroom Apartment Available Now

15 Bowman St, Unit #1

15 Bowman StMalden, MA 02148
Cost Per Sq.Ft.
property at 59 Spring St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom Rentals

Available Now

59 Spring St

WakefieldMA01880
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Rumney Flats
Rent Specials
$2,049 - $2,830
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,049 - $2,830

Total Monthly Price
$2,049 - $2,830
Studio to 2 Bedroom Apartments Available Now

Rumney Flats

83 Ward StRevere, MA 02151
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 135 Ward St

$2,050

Total Monthly Price

Total Monthly Price

Base Rent
$2,050

Total Monthly Price
$2,050

1 Bedroom, 1 Bath Home for Rent

Available Now

135 Ward St

RevereMA02151

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.

Mount Hood, Melrose, MA Local Guide

Cheapest Available Mount Hood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,800
Altitude ApartmentsStudio - PremiumStudio,1BA$1,840

Best Value Apartments for Rent in Mount Hood, MA

As of December 23, 2025 the best value apartment in the Mount Hood 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 Mount Hood apartment is the 19 Washington St S Model at 19 Washington St S, Unit 402 starting at $2,400 with a $0.24 price per square foot in the Ferryway 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.
330 Swains Pond Ave, Unit 330330 Swains Pond Ave5BR,2.5BA$0.52
19 Washington St S, Unit 40219 Washington St S2BR,1BA$0.24
41 Baker St, Unit 4141 Baker St4BR,1BA$1.67
496 Lebanon St, Unit 3496 Lebanon St3BR,2.5BA$1.83
Pleasant Plaza22BR,2BA$1.91
51 Claremont St, Unit 251 Claremont St3BR,1BA$2.15
30 Newhall St, Unit #130 Newhall St2BR,1BA$2.17
565 Salem St, Unit 2565 Salem St2BR,1BA$2.18
17 Upham St, Unit 117 Upham St2BR,1BA$2.18
86 Maple St, Unit 586 Maple St1BR,1BA$2.10

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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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 #7

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 $1,840.

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

The cheapest apartment in Mount Hood is Carlyle House Apartments which is listed at $1,825, while the average apartment in Mount Hood costs $4,500.

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 72 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 $388 which is $4,112 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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