Cheap Homes for Rent in Mount Hood Neighborhood of Melrose, MA from $1,700 (198 Rentals)

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

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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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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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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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 4

Mount Hood, Melrose, MA Local Guide

Cheapest Available Mount Hood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Altitude ApartmentsStudio - UpgradeStudio,1BA$1,683
Carlyle House ApartmentsStudio, non-renovated (Exeter)Studio,1BA$1,700

Best Value Apartments for Rent in Mount Hood, MA

As of April 16, 2026 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 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 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
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
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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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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Best Local Schools in
Mount Hood, Melrose, MA

School data provided by Great Schools

Frequently Asked Questions about Mount Hood

What type of rentals are currently available in Mount Hood?

There are currently 279 Apartments for Rent in Mount Hood, MA with pricing that ranges from $1,200 to $9,278. There are also 288 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hood ranging from $1,750 to $4,600.

What is the current price range for Rental Homes in Mount Hood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Hood ranges from $1,750 to $4,600 with an average monthly rent of $2,889.

How much are larger Three and Four Bedroom Rentals in Mount Hood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Hood range from $2,650 to $5,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $4,200. Four Bedroom Single-Family rentals are also available starting from $3,925 and Four Bedroom Apartments start at $3,295.

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.

Helpful Local Expert Guides

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A Local Experts Guide to the Top Boston Neighborhoods for College Renters

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Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts! We’re excited to help you find your new home, and getting to know the neighborhood is an important part of that process!

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Explore Like a Local: The Insider's Guide to Boston

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Hello from Boston, Massachusetts! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, and I’m here to give you the inside scoop on this unique city.

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Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.