
Cheap Homes for Rent in Melrose, MN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Melrose.


123 Wilson Ave NE

215 4th Ave NE

211 4th Ave NE
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.

816 7th St NE

1043 13th St N

508 6th Ave E

1108 13th St S
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 a home in Melrose?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Melrose 2 Bedroom Homes for Rent | $1,221 | $750 | $1,625 |
Melrose 3 Bedroom Homes for Rent | $1,955 | $995 | $2,700 |
Melrose 4 Bedroom Homes for Rent | $1,947 | $1,225 | $2,800 |
Melrose 5 Bedroom Homes for Rent | $2,854 | $1,400 | $4,850 |
Browse Top Homes for Rent in Melrose
Explore Melrose
Melrose, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Driftwood Apartments in the West Saint Cloud neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. 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 |
Driftwood Apartments | Studio | Studio,1BA | $720 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
Best Value Apartments for Rent in Melrose, MN and Nearby
As of July 12, 2025 the best value apartment in the Melrose area is the $1.43 price per square foot 2 BR / 2 BA C2 Model at 1130 West Apartments in the in the West Side neighborhood starting from $1,455. The second greatest value Melrose apartment is the E Model at Savanna Apartments starting at $1,150 with a $1.17 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. |
---|---|---|---|
1130 West Apartments | 2 BR / 2 BA C2 | 2BR,2BA | $1.43 |
Savanna Apartments | E | 2BR,2BA | $1.17 |
Granite Manor/Runestone | Two bedroom/ 1 3/4 Bath | 2BR,1.5BA | $1.42 |
Victory Court Apartments | 551 Bldg - Plan F | 2BR,1BA | $1.34 |
Graceview Estates | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.29 |
Clover Hill Apartments | 2B/1B | 2BR,1BA | $1.00 |
Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
Driftwood Apartments | Studio | Studio ,1BA | $1.18 |
Quick 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.
Frequently Asked Questions about Melrose
What type of rentals are currently available in Melrose?
There are currently 45 Apartments for Rent in Melrose, MN with pricing that ranges from $630 to $2,945. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Melrose ranging from $750 to $4,850.
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 $4,850 with an average monthly rent of $1,994.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.