
Cheap Apartments for Rent in the Oak Grove Pine Banks Neighborhood of Melrose, MA from $1,000 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Grove Pine Banks area of Melrose.


Total Monthly Price
192 W Wyoming Ave, Unit #10

37 Crystal St

Total Monthly Price
10 Chestnut St, Unit 3

10 Chestnut St

513-517-517 Franklin St

150 Green St

Total Monthly Price
40 Hurd St

Total Monthly Price
Towne Estates

53 Pearl St
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.

288 Main St

Total Monthly Price
47 W Wyoming Ave, Unit 7

Total Monthly Price
167 Main ST, Unit 2-2

Total Monthly Price
340 Highland Ave, Unit 2

195 Pleasant St

Parkwood Apartments

Total Monthly Price
22 Saint Mary St, Unit 19

Total Monthly Price
21 Elm St, Unit A1
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.

53 Fellsway W

Total Monthly Price
683 Main St, Unit 2 F

Total Monthly Price
803 Main St, Unit # 2

37 Almont St

107 Summer St

Total Monthly Price
45 Fells Ave, Unit 25

Total Monthly Price
464 Salem St, Unit 7

2 Granite St

Malom Trust Apartments
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.

Total Monthly Price
67 Washington St, Unit 102

Total Monthly Price
85 Maple St, Unit 5

Total Monthly Price
43 Gale St, Unit 12

Total Monthly Price
82 Maple St, Unit 6

53 Fellsway W

Altitude Apartments

Total Monthly Price
57 Linden Ave, Unit 5

Total Monthly Price
64 Maple St, Unit 5
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.

Total Monthly Price
396 Pleasant St, Unit A2-4

Total Monthly Price
45 Florence St, Unit 503

17-19 Washington St.

Total Monthly Price
171 Washington St, Unit 316

103 Summer St

Total Monthly Price
15 Bowman St, Unit #1

Total Monthly Price
23 Benner Ave, Unit #1

Total Monthly Price
357 Charles St, Unit #1

Total Monthly Price
7 Elm St, Unit C-6
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.
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 | $2,321 | $1,500 | $2,719 |
| Oak Grove Pine Banks 1 Bedroom Apartments | $2,701 | $1,670 | $10,000+ |
| Oak Grove Pine Banks 2 Bedroom Apartments | $3,242 | $2,050 | $9,017 |
| Oak Grove Pine Banks 3 Bedroom Apartments | $3,773 | $2,600 | $10,000+ |
| Oak Grove Pine Banks 4 Bedroom Apartments | $3,636 | $1,050 | $5,200 |
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.
See all Apartments in MelroseExplore Melrose
Oak Grove Pine Banks, Melrose, MA Local Guide
- Nearby Melrose neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Best Value Apartments for Rent in Oak Grove Pine Banks, MA
As of December 24, 2025 the best value apartment in the Oak Grove Pine Banks 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 Oak Grove Pine Banks 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 Oak Grove Pine Banks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 330 Swains Pond Ave, Unit 330 | 330 Swains Pond Ave | 5BR,2.5BA | $0.52 |
| 19 Washington St S, Unit 402 | 19 Washington St S | 2BR,1BA | $0.24 |
| 124 Forest St, Unit 1 | 124 Forest St | 3BR,2BA | $0.35 |
| 124 Forest St, Unit 2 | 124 Forest St | 3BR,1BA | $0.30 |
| 460 Highland Ave, Unit #1 | 460 Highland Ave | 1BR,1BA | $0.24 |
| 11 Kearney St | 11 Kearney St | 4BR,2BA | $1.85 |
| 41 Baker St, Unit 41 | 41 Baker St | 4BR,1BA | $1.67 |
| 496 Lebanon St, Unit 3 | 496 Lebanon St | 3BR,2.5BA | $1.83 |
| 464 Salem St, Unit 7 | 464 Salem St | 1BR,1BA | $1.80 |
| 45 Fells Ave, Unit 25 | 45 Fells Ave | 1BR,1BA | $1.78 |
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 ArticleThe 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.
Read ArticleQuick 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.
Pet Friendly LifestyleOak Grove Pine Banks, Melrose, MA
Ranked #9
Among cities in Massachusetts 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
Frequently Asked Questions about Cheap Oak Grove Pine Banks Apartments
What is the Cheapest Studio apartment in Oak Grove Pine Banks?
Currently the most affordable Cheap Studio Apartment in Oak Grove Pine Banks is at Altitude Apartments listed at $1,840.
What is the lowest price for a Cheap Two Bedroom Oak Grove Pine Banks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oak Grove Pine Banks is starting from $2,545 at Towne Estates.
What is the most affordable Oak Grove Pine Banks Three Bedroom Apartment?
The best deal on a cheap Oak Grove Pine Banks Three Bedroom Apartment rental is at Altitude Apartments and starts from $3,205.
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

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.

A Local Experts Guide to the Top Boston Neighborhoods for College Renters
Written by: Amelia Ramstead
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!

Explore Like a Local: The Insider's Guide to Boston
Written by: Amelia Ramstead
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.

Boston Major Employer Neighborhood Guide: Living Near UMass, MGH, & State Street
Written by: Amelia Ramstead
Hi! I’m Amelia, your ApartmentHomeLiving.com Local Expert for Boston, Massachusetts. Getting to know your new neighborhood is one of the best parts of moving, and we’re excited to help you get started.
Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.





