Search the lowest-cost Apartments available for rent right now in Melrose.
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.
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.
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.
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.
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.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrose Studio Apartments | $1,093 | $750 | $1,877 |
| Melrose 1 Bedroom Apartments | $1,169 | $765 | $1,851 |
| Melrose 2 Bedroom Apartments | $1,434 | $920 | $2,700 |
| Melrose 3 Bedroom Apartments | $1,740 | $1,060 | $2,991 |
The cheapest available apartment rental in Melrose, MN is a 1 Bed unit found at Westfield Apartments priced from $765. Suncrest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. 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 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $900 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $920 |
| Riverview Lofts | 1 Bedroom and 1 Bath | 1BR,1BA | $1,050 |
| Meadowlawn Village | 2 Bed/1 Bath Middle | 2BR,1BA | $1,055 |
| Cypress Court | S4 | Studio,1BA | $1,105 |
| Wobegon Crossings | Cedar | 1BR,1BA | $1,139 |
| Savanna Apartments | D | 2BR,1BA | $1,170 |
| The Oaks on 20th | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1,245 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1,350 |
As of June 19, 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 | Cypress | 2BR,2BA | $1.37 |
| Savanna Apartments | D | 2BR,1BA | $1.19 |
| The Oaks on 20th | 2 Bedroom/2 Bath Apartment | 2BR,2BA | $1.34 |
| Meadowlawn Village | 2 Bed/1 Bath Middle | 2BR,1BA | $1.10 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1.42 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
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 ArticleFrom 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 ArticleThe 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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See the most popular apartments and homes in Melrose, MN
Currently the most affordable Cheap Studio Apartment in Melrose is at Cypress Court listed at $1,105.
The lowest price for a Cheap One Bedroom Melrose Apartment is $765 at Westfield Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Melrose is starting from $920 at Westwood Village.
The best deal on a cheap Melrose Three Bedroom Apartment rental is at Westwood Village and starts from $1,060.
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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