Cheap Homes for Rent in Mount Hood Neighborhood of Melrose, MA from $1,500 (108 Rentals)

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

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Boston's Best Affordable Neighborhoods

Learn about Boston and the best places to live around the area with original content written by our Boston, MA Local Expert Amelia Ramstead

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Mount Hood, Melrose, MA Local Guide

Cheapest Available Mount Hood Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
30 Howard St7H Falmouth1BR,1BA$1,600
The Chase at Overlook RidgeDesign EB-EStudio,1BA$1,844

Best Value Apartments for Rent in Mount Hood, MA

As of May 12, 2025 the best value apartment in the Mount Hood area is the $0.18 price per square foot 119 Myrtle St Model at 119 Myrtle St, Unit #1 in the in the Hammersmith Village neighborhood starting from $1,750. The second greatest value Mount Hood apartment is the 69 Washington St Model at 69 Washington St, Unit #18 starting at $2,000 with a $0.20 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.
119 Myrtle St, Unit #1119 Myrtle St1BR,1BA$0.18
69 Washington St, Unit #1869 Washington St1BR,1BA$0.20
45 Bruno St, Unit #B45 Bruno St2BR,1BA$0.22
20 Washington Pl, Unit #11420 Washington Pl2BR,1BA$0.24
22 Linden Rd22 Linden Rd2BR,1BA$0.25
60 Cecilian Ave, Unit #B60 Cecilian Ave1BR,1BA$0.25
106 Laurel St, Unit #1106 Laurel St1BR,1BA$0.26
110 Laurel St, Unit #1110 Laurel St2BR,1BA$0.26
135-137 Mills St, Unit 1135-137 Mills St2BR,1BA$0.26
21 Essex St, Unit #621 Essex St3BR,1BA$0.27

Quick Rent Budget Calculator

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Frequently Asked Questions about Mount Hood

What type of rentals are currently available in Mount Hood?

There are currently 408 Apartments for Rent in Mount Hood, MA with pricing that ranges from $775 to $16,222. There are also 192 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hood ranging from $1,500 to $5,150.

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 $1,500 to $5,150 with an average monthly rent of $3,329.

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 $16,222, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,195 to $4,200. Four Bedroom Single-Family rentals are also available starting from $3,800 and Four Bedroom Apartments start at $3,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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The 10 Best Affordable Neighborhoods in Boston, MA

Written by: Amelia Ramstead

Boston is known for its exciting combination of early American history and modern high-tech universities and employers.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.