Cheap Apartments for Rent in Melrose, MN from $400 (24 Rentals)

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Rosemill Apartments
2 Bedroom Apartments

Rosemill Apartments

407 5th St NMelrose, MN 56352
  • Utilities Included

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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Osakis Community Manor
1 Bedroom Apartments

Osakis Community Manor

480 W Main StOsakis, MN 56360
Senior Living
  • Utilities Included
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Pioneer Pointe
2 Bedroom Apartments

Pioneer Pointe

319 11th Ave SCold Spring, MN 56320
  • Utilities Included

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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Showing Results 1-24, Page 1 of 1

Melrose, MN Local Guide

Cheapest Available Melrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Melrose, MN is a 1 Bed unit found at Meadowlawn Village priced from $695. Oak Ridge Manor Senior 62+ Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $718. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowlawn Village1 Bed/1 Bath1BR,1BA$695
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Driftwood Apartments1B/1B1BR,1BA$780
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$880
Clover Hill Apartments2B/1B2BR,1BA$900

Best Value Apartments for Rent in Melrose, MN and Nearby

As of July 24, 2025 the best value apartment in the Melrose area is the $1.33 price per square foot B5 Model at Cypress Court Apartments in the in the West Side neighborhood starting from $1,520. The second greatest value Melrose apartment is the 2 Bed Patio Home Model at Meadowlawn Village starting at $1,295 with a $1.25 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress Court ApartmentsB52BR,2BA$1.33
Meadowlawn Village2 Bed Patio Home2BR,1BA$1.25
Savanna ApartmentsE2BR,2BA$1.17
Victory Court Apartments551 Bldg - Plan F2BR,1BA$1.34
Bel Clare Estates2 Bed 1 Bath Single Section2BR,1BA$1.35
Clover Hill Apartments2B/1B2BR,1BA$1.00
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Driftwood Apartments1B/1B1BR,1BA$1.14

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Best Local Schools in
Melrose, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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Getting Around Melrose, MN

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

57 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Melrose Apartments

How much is rent for a Cheap One Bedroom Melrose Apartment?

The lowest price for a Cheap One Bedroom Melrose Apartment is $718 at Oak Ridge Manor Senior 62+ Apartments.

What is the lowest price for a Cheap Two Bedroom Melrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $838 at Oak Ridge Manor Senior 62+ Apartments.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.