
Cheap Apartments for Rent in the Oak Grove Pine Banks Neighborhood of Melrose, MA from $700 (152 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oak Grove Pine Banks area of Melrose.


Total Monthly Price
452 Main St, Unit 1

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452 Main St, Unit 1

Total Monthly Price
7 Cypress Park, Unit Unit 3

340 Main St

66 Lake Avenue

61 Hubbard St

Total Monthly Price
75 Pinkert St, Unit 2

Total Monthly Price
85 High St, Unit 1

Total Monthly Price
167 Main ST, Unit 2-2
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.

195 Pleasant St

Parkwood Apartments

Total Monthly Price
48 Washington St, Unit 112

Total Monthly Price
105 Washington St, Unit 110

475 Highland Ave

475 Highland Ave

117 Summer St

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15 Washington St S

53 Fellsway W

63 Fellsway W
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.

63 Fellsway W

53 Fellsway W

Total Monthly Price
21 Elm St, Unit A1

53 Fellsway W

63 Fellsway W

53 Fellsway W

53 Fellsway W

349 Pleasant St

349 Pleasant St

Total Monthly Price
67 Washington St, Unit 102
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
43 Gale St, Unit 12

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85 Maple St, Unit 5

17-19 Washington St.

53 Fellsway W

Total Monthly Price
464 Salem St

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82 Maple St, Unit 6

63 Fellsway W

17-19 Washington St.

349 Pleasant St

53 Fellsway W
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.

2 Granite St

349 Pleasant St

Total Monthly Price
180 Pleasant St

63 Fellsway W

349 Pleasant St

349 Pleasant St

17-19 Washington St.

349 Pleasant St

53 Fellsway W

53 Fellsway W
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.
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 | $2,021 | $1,700 | $2,754 |
| Oak Grove Pine Banks 1 Bedroom Apartments | $2,359 | $700 | $5,801 |
| Oak Grove Pine Banks 2 Bedroom Apartments | $3,132 | $1,150 | $7,383 |
| Oak Grove Pine Banks 3 Bedroom Apartments | $3,112 | $850 | $7,917 |
| Oak Grove Pine Banks 4 Bedroom Apartments | $3,745 | $1,050 | $5,200 |
Browse Apartments in this Neighborhood
There are currently 152 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
- Nearby Melrose neighborhoods
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Best Value Apartments for Rent in Oak Grove Pine Banks, MA
As of March 12, 2026 the best value apartment in the Oak Grove Pine Banks area is the $0.09 price per square foot 75 Pinkert St Model at 75 Pinkert St, Unit 2 in the in the Ferryway neighborhood starting from $850. The second greatest value Oak Grove Pine Banks apartment is the 452 Main St Model at 452 Main St, Unit 1 starting at $1,800 with a $0.18 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. |
|---|---|---|---|
| 75 Pinkert St, Unit 2 | 75 Pinkert St | 3BR,2BA | $0.09 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 452 Main St, Unit 1 | 452 Main St | 1BR,1BA | $0.18 |
| 7 Shawmut Ter, Unit #1 | 7 Shawmut Ter | 1BR,1BA | $0.20 |
| 460 Highland Ave, Unit #1 | 460 Highland Ave | 1BR,1BA | $0.24 |
| 63 Whitman St, Unit 2T | 63 Whitman St | 2BR,1BA | $0.26 |
| 132 Highland Ave, Unit R | 132 Highland Ave | 2BR,1BA | $0.30 |
| 254 Salem St, Unit 2 | 254 Salem St | 2BR,1.5BA | $0.32 |
| 124 Forest St, Unit 1 | 124 Forest St | 3BR,2BA | $0.35 |
| 34 Russell St, Unit 2 | 34 Russell St | 4BR,2BA | $0.39 |
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 ArticleCash 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.
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.
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 $1,857.
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 $2,350 at Malden Gardens.
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 $3,151.
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
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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!

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

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.

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.

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.

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.