
Cheap Apartments for Rent in Melrose, MN from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrose.


Oak Ridge Manor Senior 62+ Apartments

Meadowlark Apartments

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Driftwood Apartments

Westfield Apartments

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Clover Hill Apartments

Westwood Village

Cypress Court
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Parkview Apartments

Jacobs Square Apartments

Suncrest Apartments

Granite Manor/Runestone

Graceview Estates

134 Crossing

Westwood Parkway Estates

Riverview Lofts
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Birch Spring Apartment Homes

GrandView Estates

Community Park Apartment Homes

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Mainstreeter Apartment Homes

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Joetown Apartment Homes

Granite Landing

812 6th Ave S

Osakis Community Manor
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

512 Maple Ln

313 5th St S

519 14th St S

Pioneer Pointe

216 5th St SW

1035 Division St E

135 North St W

154 3rd Ave
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.

911 2nd Ave NE

604 White St SW
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 | $1,057 | $750 | $1,877 |
| Melrose 1 Bedroom Apartments | $1,188 | $765 | $1,851 |
| Melrose 2 Bedroom Apartments | $1,440 | $920 | $2,700 |
| Melrose 3 Bedroom Apartments | $1,729 | $1,060 | $3,095 |
Browse Top Apartments in Melrose
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Melrose, MN Local Guide
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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 Westfield Apartments priced from $765. Driftwood Apartments in the West Saint Cloud neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $810. Here is today’s list of the most affordable Melrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Driftwood Apartments | 1B/1B | 1BR,1BA | $810 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| Granite Manor/Runestone | Studio, 1 full, 611 sqft, 4727 Arbor Xing SE | Studio,1BA | $995 |
| Cypress Court | S4 | Studio,1BA | $1,045 |
| Riverview Lofts | 1 Bedroom and 1 Bath | 1BR,1BA | $1,050 |
| Riverside Flats of Melrose | One Bedroom One Bathroom | 1BR,1BA | $1,305 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1,350 |
| Boulder Ridge Apartment Homes | Willow | 3BR,1BA | $1,575 |
| Wobegon Crossings | Willow | 2BR,2BA | $1,614 |
Best Value Apartments for Rent in Melrose, MN and Nearby
As of August 04, 2026 the best value apartment in the Melrose area is the $1.34 price per square foot Willow 2 BD - 2.5 BA (R) Model at Rivers Bend Cottage Homes in the starting from $2,450. The second greatest value Melrose apartment is the 3 Bed 2 Bath Single Section Model at Bel Clare Estates starting at $1,349 with a $0.93 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. |
|---|---|---|---|
| Rivers Bend Cottage Homes | Willow 2 BD - 2.5 BA (R) | 2BR,2.5BA | $1.34 |
| Bel Clare Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $0.93 |
| Avon Estates | 3B 2B B | 3BR,2BA | $1.47 |
| Boulder Ridge Apartment Homes | Willow | 3BR,1BA | $1.45 |
| Wobegon Crossings | Willow | 2BR,2BA | $1.59 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1.42 |
| Riverview Lofts | 2bedroom 2 bath furnished | 2BR,2BA | $1.48 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Driftwood Apartments | 1B/1B | 1BR,1BA | $1.19 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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
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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 Granite Manor/Runestone listed at $995.
How much is rent for a Cheap One Bedroom Melrose Apartment?
The lowest price for a Cheap One Bedroom Melrose Apartment is $765 at Westfield 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 $920 at Westwood Village.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.