Cheap Apartments for Rent in the Oak Grove Pine Banks Neighborhood of Melrose, MA from $1,600 (281 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Grove Pine Banks area of Melrose.

127 Upham St

192 W Wyoming Ave, Unit #10
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.

93 Upham St

150 Green St
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.

288 Main St

594 Franklin St, Unit #11

197 W Wyoming Ave, Unit #2

196 W Wyoming Ave, Unit #22

176 W Wyoming Ave, Unit #22

170 W Wyoming Ave, Unit #22

147 W Wyoming Ave, Unit 2

Windsor Radio Factory

513-517-517 Franklin St

26 W Wyoming Ave, Unit #3

27 W Wyoming Ave, Unit #1
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.

28 W Wyoming Ave, Unit #3

18 Batchelder St, Unit #1

30 Howard St
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

Parkwood Apartments

22 Saint Mary St, Unit 19
Oak Grove Pine Banks, Melrose, MA Local Guide

How much does it cost to rent an apartment in Oak Grove Pine Banks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oak Grove Pine Banks Studio Apartments | $2,106 | $1,695 | $4,619 |
Oak Grove Pine Banks 1 Bedroom Apartments | $2,584 | $1,600 | $7,499 |
Oak Grove Pine Banks 2 Bedroom Apartments | $3,222 | $2,100 | $7,594 |
Oak Grove Pine Banks 3 Bedroom Apartments | $3,496 | $2,500 | $10,000+ |
Oak Grove Pine Banks 4 Bedroom Apartments | $4,086 | $3,200 | $5,500 |
Oak Grove Pine Banks 5 Bedroom Apartments | $4,844 | $3,000 | $6,700 |
Oak Grove Pine Banks 6 Bedroom Apartments | $7,328 | $6,995 | $7,995 |
Browse Apartments in this Neighborhood
There are currently 281 rentals with your search options within a 2 mile radius of the Oak Grove Pine Banks Neighborhood of Melrose, MA.
See all Apartments in MelroseExplore Melrose
Oak Grove Pine Banks, Melrose, MA Local Guide
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Cheapest Available Oak Grove Pine Banks Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Washingtons | Two Bedroom Two Bath (1,100 SF) | 2BR,2BA | $1,659 |
Parkwood Apartments | Studio, non-renovated | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Oak Grove Pine Banks, MA
As of June 02, 2025 the best value apartment in the Oak Grove Pine Banks area is the $0.24 price per square foot 20 Washington Pl Model at 20 Washington Pl, Unit #114 in the in the Ferryway neighborhood starting from $2,375. The second greatest value Oak Grove Pine Banks apartment is the 22 Linden Rd Model at 22 Linden Rd starting at $2,450 with a $0.25 price per square foot in the Hammersmith Village neighborhood. Here is today’s list of the best values for Oak Grove Pine Banks apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
20 Washington Pl, Unit #114 | 20 Washington Pl | 2BR,1BA | $0.24 |
22 Linden Rd | 22 Linden Rd | 2BR,1BA | $0.25 |
106 Laurel St, Unit #1 | 106 Laurel St | 1BR,1BA | $0.26 |
119 Myrtle St, Unit #1 | 119 Myrtle St | 1BR,1BA | $0.18 |
110 Laurel St, Unit #1 | 110 Laurel St | 2BR,1BA | $0.26 |
34 Pleasant St, Unit #1 | 34 Pleasant St | 3BR,1BA | $0.25 |
67 Forest St, Unit 235 | 67 Forest St | 1BR,1BA | $0.23 |
69 Washington St, Unit #18 | 69 Washington St | 1BR,1BA | $0.20 |
137 Mills St, Unit #1 | 137 Mills St | 2BR,1BA | $0.26 |
12 Shawmut St, Unit #1 | 12 Shawmut St | 1BR,1BA | $0.20 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOak Grove Pine Banks, Melrose, MA
Ranked #9
Among neighborhoods in Melrose, MA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oak Grove Pine Banks, Melrose, MA
School data provided by Great Schools
Getting Around the Oak Grove Pine Banks Neighborhood in Melrose, MA
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
50 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Oak Grove Pine Banks Apartments
What is a cheap apartment in Oak Grove Pine Banks?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oak Grove Pine Banks is under $1,700.
What is the price of a cheap apartment in Oak Grove Pine Banks?
The cheapest apartment in Oak Grove Pine Banks is 119 West Wyoming which is listed at $1,925, while the average apartment in Oak Grove Pine Banks costs $6,995.
What types of apartments are the cheapest in Oak Grove Pine Banks?
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 18 regular apartments in Oak Grove Pine Banks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.