
Cheap Homes for Rent in Melrose, MN from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.


751 5th St

208 Oregon Ave.

56 Birch Ave S

812 6th St SE

444 29th Ave N

44 1st St N
Melrose, MN Local Guide

How much does it cost to rent a home in Melrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose 2 Bedroom Homes for Rent | $1,301 | $820 | $1,625 |
Melrose 3 Bedroom Homes for Rent | $1,851 | $1,230 | $2,450 |
Melrose 4 Bedroom Homes for Rent | $2,257 | $1,400 | $3,800 |
Melrose 5 Bedroom Homes for Rent | $2,590 | $1,700 | $3,480 |
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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 Oak Ridge Manor Senior 62+ Apartments priced from $718. Suncrest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $830. 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 | $718 |
Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
Best Value Apartments for Rent in Melrose, MN and Nearby
As of October 12, 2025 the best value apartment in the Melrose area is the $1.18 price per square foot 2 Bedroom 2 Bath Model at Mainstreeter Apartments in the starting from $1,365. The second greatest value Melrose apartment is the B6 Model at Cypress Court starting at $1,515 with a $1.31 price per square foot in the West Side neighborhood. 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. |
---|---|---|---|
Mainstreeter Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.18 |
Cypress Court | B6 | 2BR,2BA | $1.31 |
1130 West Apartments | 2 BR / 2 BA C2 | 2BR,2BA | $1.43 |
Granite Manor/Runestone | Two bedroom/ 1 3/4 Bath | 2BR,1.5BA | $1.42 |
The Oaks on 20th | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.22 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Riverview Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.53 |
Jacobs Square Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.26 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
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Best Local Schools in Melrose, MN
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Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 46 Apartments for Rent in Melrose, MN with pricing that ranges from $718 to $2,700. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $750 to $3,800.
What is the current price range for Rental Homes in Melrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Melrose ranges from $750 to $3,800 with an average monthly rent of $1,774.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.

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.