Cheap Apartments for Rent in Melrose, MN from $400 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in Melrose.

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Rosemill Apartments
2 Bedroom Apartments

Rosemill Apartments

407 5th St NMelrose, MN 56352
  • Utilities Included

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.

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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Osakis Community Manor
1 to 2 Bedroom Apartments

Osakis Community Manor

480 W Main StOsakis, MN 56360
Senior Living
  • Utilities Included

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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Pioneer Pointe
1 to 2 Bedroom Apartments

Pioneer Pointe

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

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 Oak Ridge Manor Senior 62+ Apartments priced from $718. Westwood Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $880. Here is today’s list of the most affordable Melrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$880
Savanna ApartmentsA1BR,1BA$940
Suncrest Apartments2 Bedroom2BR,1BA$1,000
Jacobs Square Apartments2 Bedroom, 1 Bath2BR,1BA$1,005

Best Value Apartments for Rent in Melrose, MN and Nearby

As of September 09, 2025 the best value apartment in the Melrose area is the $1.27 price per square foot B6 Model at Cypress Court Apartments in the in the West Side neighborhood starting from $1,465. The second greatest value Melrose apartment is the Willow Model at Boulder Ridge Apartment Homes starting at $1,488 with a $1.37 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 ApartmentsB62BR,2BA$1.27
Boulder Ridge Apartment HomesWillow3BR,1BA$1.37
Birch Spring Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.36
The Oaks on 20th2 Bedroom/1 Bath Apartment2BR,1BA$1.30
Community Park Apartment HomesTwo Bed Two Bath with Balcony/Patio2BR,2BA$1.35
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Jacobs Square Apartments2 Bedroom, 1 Bath2BR,1BA$1.26
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Savanna ApartmentsA1BR,1BA$1.26

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Melrose, MN Rentals by Map

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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

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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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.