
Cheap Apartments for Rent in Melrose, MN from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


Rosemill Apartments

Meadowlark Apartments

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Driftwood Apartments

Westfield Apartments

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Clover Hill Apartments

Suncrest Apartments

Jacobs Square Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Westwood Village

Cypress Court

Total Monthly Price
Parkview Apartments

Graceview Estates

Granite Manor/Runestone

134 Crossing

Westwood Parkway Estates

Kensington
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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Avon Estates

Riverview Lofts

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Birch Spring Apartment Homes

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Mainstreeter Apartment Homes

GrandView Estates

Meadowlawn Village

Savanna Apartments

Osakis Community Manor
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.

539 Pacific Ave SW

1005 S 6th St

311 5th St S

512 Maple Ln

54 Birch Ave S

Pioneer Pointe

910 E 2nd St

605 F St NE
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.
Melrose, MN Local Guide

How much does it cost to rent an apartment in Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Studio Apartments | $1,107 | $750 | $1,340 |
| Melrose 1 Bedroom Apartments | $1,187 | $747 | $1,851 |
| Melrose 2 Bedroom Apartments | $1,435 | $872 | $2,700 |
| Melrose 3 Bedroom Apartments | $1,742 | $1,060 | $2,991 |
Browse Top Apartments in Melrose
See all Apartments in MelroseExplore Melrose
Melrose, MN Local Guide
- Nearby Cities
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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 $747. Westfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $747 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $900 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| Kensington | 1 Bed/ 1 Bath Apt | 1BR,1BA | $1,025 |
| Riverview Lofts | 1 Bedroom and 1 Bath | 1BR,1BA | $1,050 |
| Savanna Apartments | D | 2BR,1BA | $1,100 |
| Cypress Court | S4 | Studio,1BA | $1,155 |
| Wobegon Crossings | Cedar | 1BR,1BA | $1,218 |
| Mainstreeter Apartment Homes | 1B1B B | 1BR,1BA | $1,289 |
Best Value Apartments for Rent in Melrose, MN and Nearby
As of May 04, 2026 the best value apartment in the Melrose area is the $0.86 price per square foot 3 Bed 2 Bath Single Section Model at Bel Clare Estates in the starting from $1,259. The second greatest value Melrose apartment is the 3 Bed/ 2 Bath C Model at The Lodge at Pine Lakes starting at $1,795 with a $1.29 price per square foot . Here is today’s list of the best values for Melrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Bel Clare Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $0.86 |
| The Lodge at Pine Lakes | 3 Bed/ 2 Bath C | 3BR,2BA | $1.29 |
| Westwood Parkway Estates | Cumberland | 2BR,2BA | $1.37 |
| Savanna Apartments | D | 2BR,1BA | $1.12 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1.42 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $1.00 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| Kensington | 1 Bed/ 1 Bath Apt | 1BR,1BA | $1.46 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 Melrose, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Melrose, MN Rentals by Map
See the most popular apartments and homes in Melrose, MN
Frequently Asked Questions about Cheap Melrose Apartments
What is the Cheapest Studio apartment in Melrose?
Currently the most affordable Cheap Studio Apartment in Melrose is at Cypress Court listed at $1,155.
How much is rent for a Cheap One Bedroom Melrose Apartment?
The lowest price for a Cheap One Bedroom Melrose Apartment is $747 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 $872 at Oak Ridge Manor Senior 62+ Apartments.
What is the most affordable Melrose Three Bedroom Apartment?
The best deal on a cheap Melrose Three Bedroom Apartment rental is at Westwood Village and starts from $1,060.
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.