Cheap Homes for Rent in Oak Grove Pine Banks Neighborhood of Melrose, MA from $1,200 (222 Rentals)

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

property at 112 Grant Ave

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

112 Grant Ave

MedfordMA02155
property at 300 Park Terrace Dr

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

1 Bedroom, 1 Bath Condo for Rent

Available Now

300 Park Terrace Dr

StonehamMA02180

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.

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property at 890 Highland Ave

$1,800

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,800
Total Monthly Price
$1,800

1 Bedroom, 1 Bath Home for Rent

Available Apr 9

890 Highland Ave

MedfordMA02155

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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Showing Results 1-50, Page 1 of 5

Oak Grove Pine Banks, Melrose, MA Local Guide

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

As of March 11, 2026 the best value apartment in the Oak Grove Pine Banks area is the $0.20 price per square foot 7 Shawmut Ter Model at 7 Shawmut Ter, Unit #1 in the in the Ferryway neighborhood starting from $2,000. The second greatest value Oak Grove Pine Banks apartment is the 330 Swains Pond Ave Model at 330 Swains Pond Ave, Unit 330 starting at $5,150 with a $0.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7 Shawmut Ter, Unit #17 Shawmut Ter1BR,1BA$0.20
330 Swains Pond Ave, Unit 330330 Swains Pond Ave5BR,2.5BA$0.52
124 Forest St, Unit 1124 Forest St3BR,2BA$0.35
460 Highland Ave, Unit #1460 Highland Ave1BR,1BA$0.24
75 Pinkert St, Unit 275 Pinkert St3BR,2BA$0.09
63 Whitman St, Unit 2T63 Whitman St2BR,1BA$0.26
452 Main St, Unit 1452 Main St1BR,1BA$0.18
254 Salem St, Unit 2254 Salem St2BR,1.5BA$0.32
452 Main St, Unit 1452 Main St1BR,1BA$0.18
131 Pierce St, Unit 404131 Pierce St2BR,1BA$0.88

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.

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The 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.

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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.

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Quick Rent Budget Calculator

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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.

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Best Local Schools in
Oak Grove Pine Banks, Melrose, MA

School data provided by Great Schools

Frequently Asked Questions about Oak Grove Pine Banks

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

There are currently 388 Apartments for Rent in Oak Grove Pine Banks, MA with pricing that ranges from $850 to $14,551. There are also 356 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Grove Pine Banks ranging from $1,200 to $10,000.

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 $1,200 to $10,000 with an average monthly rent of $4,047.

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 $850 to $7,917, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,800 to $4,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $1,050.

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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