
Cheap Apartments for Rent in the Oak Grove Pine Banks Neighborhood of Melrose, MA from $900 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Grove Pine Banks area of Melrose.


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223 Essex St

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147 W Wyoming Ave

135-137 Lynde St

340 Main St

28 Spring St, Unit 1

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75 Pinkert St, Unit 2

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85 High St, Unit 1

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49 Walnut St, Unit 49 Walnut Street

Altitude Apartments
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Parkwood Apartments

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456 Salem St

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21 Elm St, Unit A1

53 Fellsway W, Unit 14

63 Fellsway W, Unit 14

390 Fellsway W

53 Fellsway W, Unit 22A

63 Fellsway W, Unit 8

53 Fellsway W, Unit 8

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85 Maple St, Unit 5
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347 Pleasant St

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67 Washington St, Unit 102

349 Pleasant St, Unit B1-8

53 Fellsway W, Unit 6

17-19 Washington St., Unit 103

17-19 Washington St., Unit 406

53 Fellsway W, Unit 4

349 Pleasant St, Unit A1-26

349 Pleasant St, Unit A1-18

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57 Linden Ave, Unit 5
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126-128 Vernal St

70 Washington St

63 Fellsway W, Unit 15

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12 Russell St, Unit A2-4

53 Fellsway W, Unit 21

63 Fellsway W, Unit 19

63 Fellsway W, Unit 12A

349 Pleasant St, Unit A1-19

63 Fellsway W, Unit 7

529 Pleasant St
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171 Washington St

18 Fairview Ave

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64 Maple St, Unit 5

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45 Florence St

63 Fellsway W, Unit 3

17-19 Washington St., Unit 116

63 Fellsway W, Unit 6

17-19 Washington St., Unit 412

63 Fellsway W, Unit 9

63 Fellsway W, Unit 10
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Oak Grove Pine Banks, Melrose, MA Local Guide

How much does it cost to rent an apartment in Oak Grove Pine Banks?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Oak Grove Pine Banks Studio Apartments | $2,274 | $1,200 | $2,938 |
| Oak Grove Pine Banks 1 Bedroom Apartments | $2,600 | $900 | $10,000+ |
| Oak Grove Pine Banks 2 Bedroom Apartments | $3,314 | $1,900 | $10,000+ |
| Oak Grove Pine Banks 3 Bedroom Apartments | $3,217 | $950 | $6,318 |
| Oak Grove Pine Banks 4 Bedroom Apartments | $5,264 | $2,900 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Oak Grove Pine Banks Neighborhood of Melrose, MA.
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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 |
|---|---|---|---|
| Altitude Apartments | Studio - Upgrade | Studio,1BA | $1,574 |
| Parkwood Apartments | Studio, non-renovated | Studio,1BA | $1,700 |
Best Value Apartments for Rent in Oak Grove Pine Banks, MA
As of June 12, 2026 the best value apartment in the Oak Grove Pine Banks area is the $0.19 price per square foot 456 Salem St Model at 456 Salem St in the in the Ferryway neighborhood starting from $1,850. The second greatest value Oak Grove Pine Banks apartment is the 73 Almont St Model at 73 Almont St, Unit 2 starting at $3,600 with a $0.36 price per square foot in the Ferryway 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. |
|---|---|---|---|
| 456 Salem St | 456 Salem St | 1BR,1BA | $0.19 |
| 73 Almont St, Unit 2 | 73 Almont St | 3BR,1BA | $0.36 |
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.10 |
| 124 Forest St, Unit 3B | 124 Forest St | 3BR,1BA | $0.27 |
| 109 Walnut St, Unit 1 | 109 Walnut St | 4BR,1.5BA | $1.80 |
| 11 Kearney St | 11 Kearney St | 4BR,2BA | $1.85 |
| 231 Spring St | 231 Spring St | 4BR,3BA | $2.10 |
| 41 Baker St, Unit 41 Baker Street | 41 Baker St | 4BR,1BA | $1.67 |
| 188 Main St, Unit 2 | 188 Main St | 4BR,2BA | $2.00 |
| 85 High St, Unit 1 | 85 High St | 3BR,1BA | $1.67 |
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.
Read ArticleReal 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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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.
Best Local Schools in Oak Grove Pine Banks, Melrose, MA
School data provided by Great Schools
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 Parkwood Apartments which is listed at $1,850, while the average apartment in Oak Grove Pine Banks costs $13,128.
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 47 regular apartments in Oak Grove Pine Banks 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 Oak Grove Pine Banks?
Cheap apartments in Oak Grove Pine Banks have an average cost of $403 which is $12,725 cheaper than the average rent for all rentals in Oak Grove Pine Banks.
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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