Cheap Homes for Rent in Oak Grove Pine Banks Neighborhood of Melrose, MA from $1,700 (138 Rentals)

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Search the lowest-cost Homes available for rent right now in the Oak Grove Pine Banks area of Melrose.

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.

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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.

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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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property at 555 Main St

555 Main St

StonehamMA02180

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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Oak Grove Pine Banks, Melrose, MA Local Guide

Cheapest Available Oak Grove Pine Banks Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Parkwood ApartmentsStudio, non-renovatedStudio,1BA$1,700
119 West Wyoming1BR/1.0BA1BR,1BA$1,925

Best Value Apartments for Rent in Oak Grove Pine Banks, MA

As of June 18, 2025 the best value apartment in the Oak Grove Pine Banks area is the $0.53 price per square foot 480 Fulton St Model at 480 Fulton St, Unit 2 in the in the Ferryway neighborhood starting from $5,300. The second greatest value Oak Grove Pine Banks apartment is the 487 Fulton St Model at 487 Fulton St starting at $4,800 with a $0.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
480 Fulton St, Unit 2480 Fulton St4BR,4.5BA$0.53
487 Fulton St487 Fulton St4BR,4.5BA$0.48
480 Fulton St, Unit 1480 Fulton St4BR,4.5BA$0.50
716 Franklin St, Unit 1716 Franklin St4BR,2BA$0.35
51 Mount Vernon St, Unit #551 Mount Vernon St2BR,1.5BA$0.28
137 Mills St, Unit #1137 Mills St2BR,1BA$0.26
12 Shawmut St, Unit #112 Shawmut St1BR,1BA$0.20
7 Shawmut Ter, Unit #17 Shawmut Ter1BR,1BA$0.20
44 Watts St, Unit 2A44 Watts St3BR,1BA$0.33
44 Watts St, Unit 4T44 Watts St3BR,1BA$0.33

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Frequently Asked Questions about Oak Grove Pine Banks

What type of rentals are currently available in Oak Grove Pine Banks?

There are currently 507 Apartments for Rent in Oak Grove Pine Banks, MA with pricing that ranges from $1,150 to $15,393. There are also 287 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Grove Pine Banks ranging from $1,750 to $7,995.

What is the current price range for Rental Homes in Oak Grove Pine Banks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Grove Pine Banks ranges from $1,750 to $7,995 with an average monthly rent of $4,410.

How much are larger Three and Four Bedroom Rentals in Oak Grove Pine Banks?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Grove Pine Banks range from $2,700 to $15,393, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,900 to $5,000. Four Bedroom Single-Family rentals are also available starting from $3,300 and Four Bedroom Apartments start at $3,300.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.